What is the nancial account equal to

Assignment Help Microeconomics

Reference no: EM13179945

1. Dene Gross National Expenditure in words and state it in equation form.

2. Dene the trade balance in words and state it in equation form.

3. Dene net factor income from abroad in words and state it in equation form.

4. What is Gross National Income equal to in a closed economy? What about in an open economy?

5. Dene net unilateral transfers in words and state it in equation form.

6. What is Gross National Disposable Income equal to?

7. What is the nancial account equal to?

8. What are the total national resources available for expenditure in an open economy equal to (hint: sum of three terms)?

9. What is the current account equal to (hint: sum of three terms)?

10. Show how accounting for net taxes and government spending the current account can be interpreted in terms of private savings, public savings, and investment.

11. Does an increase in public spending necessarily cause a decrease in the current account? Explain mathematically.

12. What is the balance of payments identity? Show mathematically why this identity holds.

Reference no: EM13179945

Questions Cloud

How many pounds of each kind of coffee : Deluxe coffee costs $6 per pound and regular coffee $5 per pound. How many pounds of each kind of coffee should be used to minimize costs?

How many ml of compound are needed to completely oxidize : How many ml of 0.318 M K2Cr2O7 are needed to completely oxidize 179 ml of 0.768 M tin (II) chloride to tin (IV)?

Is there statistically significant difference in proportions : Is there a statistically significant difference in the proportions of women delivering preterm among the three treatment groups? Run the test at a 5% level of significance.

Future of corporate social responsibility : Ethics question: Which is the future of corporate social responsibility more about

What is the nancial account equal to : Dene Gross National Expenditure in words and state it in equation form. 2. Dene the trade balance in words and state it in equation form. 3. Dene net factor income from abroad in words and state it in equation form. 4. What is Gross National Income e..

What is sales order processing system : What is sales order processing system and what is Data Flow Diagram and how might Data Flow Diagram going to be helpful to an accountant? Discuss your views.

Approximate the thickness of the film : A drop of oil measuring 0.23 cubic centimeter is spilled onto a lake. The oil spreads out into a circular shape having a diameter of 20 cm. approximate the thickness of the film. Using scientic notation rounding to the nearest hundredth.

State extracting the aqueous layer one time : Which of the following would be the best procedure for extracting acetaldehyde from an aqueous layer to the organic layer? a. Extracting the aqueous layer one time with 200 mL of the organic solvent.

Personal control related to theories-cognitive development : How are the descriptions of personal control related to theories of cognitive development? Discuss.

User Account

All Pages