Homeowork 1, International Economics

Assignment Help:
Canadian consumers have 50 dollar in come this is eual to the gross domestic product. they spand 35 dollars on comuser goods (25 on canadian goods annd 10 on imports) they save 8 dollars and pay 7 dollars in taxes. the goverment collectss 7 dollar sin domestic investment spending. The goverment and firms buy no imports. what is canada''s current account (surplus or deficit) balance? Explain how you go your answer.

Related Discussions:- Homeowork 1

Can currency boards make fixed exchange rates credible, Q. Based on the cas...

Q. Based on the case study, answer the following question: Can currency boards make fixed exchange rates credible? Answer: No for the reason that is prohibited by law from a

Explain effects of permanent increase in u.s. money supply, Explain the eff...

Explain the effects of a permanent increase in the U.S. money supply in the short run and in the long run.  Assume that the U.S. real national income is constant. A raise in th

Is there is liquidity in the international monetary system, Is there is Liq...

Is there is Liquidity in the international monetary system

Economic growth, roles of international trade in economic growth of the cou...

roles of international trade in economic growth of the country

Eco, Ask questionQuestion 1: Compute various indicators of the state of the...

Ask questionQuestion 1: Compute various indicators of the state of the labour market using the following information. Please show all steps of your calculation. If you do not, you

#foreign trade, What is the role of foreign trade in an economic developmen...

What is the role of foreign trade in an economic development of a country

What do you think about international, Q. What do you think about int...

Q. What do you think about international? Answer: A prescribed procedure whereby a country is able to seek international legal authorization to temporarily stop paying i

Discuss the relationship between the u.s. real money supply, Q. To answer t...

Q. To answer the following question, please refer to the figure below. Concentrating only at the lower left quadrant, discuss the relationship between the U.S. real money supply a

Float-rate regime against non-euro currencies, Q. Explain why after, say No...

Q. Explain why after, say Norway unilaterally pegs the krone to the euro, domestic money market disturbances will no longer affect domestic output despite the continuation of float

What are main factors determining the aggregate money demand, Q. Wh...

Q. What are the main factors determining the aggregate money demand? Answer: Three major factors: the price level, interest rate and real national income. A increase i

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