Depicts the us gnp and its components, International Economics

Assignment Help:

Q. What can you learn from the figure below, which depicts the US GNP and its components for the year 1997?

656_Depicts the US GNP and its components.png

Answer: The U.S. GNP is about 8 trillion expenditure represents about 6 trillion and so on. The current account is in a small shortfall smaller than the one from 2000.


Related Discussions:- Depicts the us gnp and its components

FDI, WHAT ARE THE METHODS OF FDI

WHAT ARE THE METHODS OF FDI

What is the national income identity for a closed economy, Q. What is the ...

Q. What is the national income identity for a closed economy? Answer: Y = C + I + G.

Reciprocal demand, Offer curves with example and explabation

Offer curves with example and explabation

Explain why ems countries decided to fix their exchange rate, Q. Ex...

Q. Explain why the EMS countries decided to fix their exchange rates against the German DM? Answer: In this manner the other EMS countries in effect imported the credi

Issues involved with the fed acting, Q. Explain the issues involved w...

Q. Explain the issues involved with the Fed acting as a lender of Last Resort (LLR). Answer: On the one hand LLR make possible the Fed to avoid panic and disturbance to

Neoclassical and classical trade theory, Q. Neoclassical and Classical tra...

Q. Neoclassical and Classical trade theory makes the case that free trade can bring a country to an optimum and economically efficient use of its resources; and therefore is an op

The wage rate, Q. Suppose the relative price of good 1 falls relative to th...

Q. Suppose the relative price of good 1 falls relative to the price of.  What happens to the wage rate? Answer: The labour component of the price of 1 is bigger than that of p

Fixed exchange rates, Q. "Fixed exchange rates are not even an option...

Q. "Fixed exchange rates are not even an option for most countries." Discuss. Answer: Durable fixed exchange rate arrangements may possibly not even be possible unless c

Write Your Message!

Captcha
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