Spent on exporting domestic goods

Assignment Help Business Economics
Reference no: EM131171446

If U.S. spent on $100 on consumption, $500 on investment, $200 on importing goods or services from foreign countries and $600 on government spending in 2015. Then how much U.S. should have spent on exporting domestic goods or services to foreign countries in that year, so that GDP is $1500?

Reference no: EM131171446

Questions Cloud

Debre berhan university as a system : Debre berhan university as a System. What is input? What is output? What is boundary? What is environment? what is interface? what is components? what is purpose?
Describe the major theories of personality development : Discuss the possible sources of bias and inaccuracy whenever a person looks back on their past history. Be sure to discuss factors related to memory and factors related to cognition. Describe why the science of psychology places more emphasis on r..
Real consumption of golf : Suppose Rob, an avid golfer, spent a total of $1800 on green fees for the 60 rounds of golf he played in 2014 and a total of $2000 on green fees for the 50 rounds of golf he played (on the same courses) in 2015 In the situation above, Rob's real cons..
Compute function point value : Compute function point value for a project with the following domain characteristics:
Spent on exporting domestic goods : If U.S. spent on $100 on consumption, $500 on investment, $200 on importing goods or services from foreign countries and $600 on government spending in 2015. Then how much U.S. should have spent on exporting domestic goods or services to foreign coun..
Trends in healthcare services : You are a member of a presidential commission appointed to consider a mandatory national health insurance plan and the question of how to fund the plan is being discussed. Which of the three funding measures, considering the relative financial contri..
When the federal government runs budget surplus : When the federal government runs a budget surplus, there may be a. Growth in GDP per capita will be achieved when. A World View article titled " Japan Sees Quake Damage Bill of Up to $309 Billion, Almost Four Katrinas" implies that the most likely im..
Certain market the demand function for a product : Suppose that in a certain market the demand function for a product is given by 10p + q = 2500 and the supply function is given by 40p − q = 380. If the government levies a tax of $3 per item on the supplier, who passes the tax on to the consumer as a..
Most advantageous to be borrowing : In which of the following situations would it be MOST advantageous to be borrowing?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd