6 question

12:28 Classroom a docs.google.com le. What were Wrexington's exports in 2018? If). What were Wrexington's imports in 2018? 1g). What were Wrexington's net exports in 2018? 2a. What was Wrexington's GDP in 2018? 2b. What were Wrexington's consumption in 2018? !12:28 Classroom a docs.google.com 2e. What were Wrexington's exports in 2018? 2f. What were Wrexington's imports in 2018? g. What were Wrexington's net exports in 2018? 3. What is the difference between monetary policy and fiscal policy? (6 Marks) * !12:28 Classroom a docs.google.com 4 Describe the process in the money market by which the interest rate reaches its equilibrium value if it starts above equilibrium. (5marks) * 5. Explain the logic according to liquidity preference theory by which an increase in the money supply changes the aggregate demand curve. (5 Marks) * 6 Suppose that the government increases expenditures by $150 billion while increasing taxes by $150 billion. Suppose that the MPC is .80 and that there are no crowding out or accelerator effects. What is the combined effects of these changes? Why is the combined change not equal to zero? (6 Marks) * !12:28 Classroom a docs.google.com 2a. What was Wrexington's GDP in 2018? 2b. What were Wrexington's consumption in 2018? 2c. What were Wrexington's investment in 2018? 2d. What were Wrexington's government purchases in 2018? 2e. What were Wrexington's exports in 2018? !12:28 Classroom a docs.google.com 1A) what was Wrexington's GDP in 2018? 1b) b. What were Wrexington's consumption in 2018? 1c) c. What were Wrexington's investment in 2018? 1d). What were Wrexington's government purchases in 2018? le. What were Wrexington's exports in 2018