Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Feb 04, 2024

If there is a surplus in a country's international trade, then a. macroeconomic equilibrium does not exist. b. the value of net exports is negative.

If there is a surplus in a country's international trade, then

a. macroeconomic equilibrium does not exist.

b. the value of net exports is negative.

c. net exports exceed transfer payments.

d. the value of net exports is zero.

e. the value of net exports is positive.

Step by Step Solution

★★★★★

3.46 Rating (156 Votes )

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below The correct answer is e th... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra And Its Applications

Authors: David Lay, Steven Lay, Judi McDonald

6th Global Edition

978-1292351216, 1292351217

More Books

Students also viewed these Economics questions

Question

★★★★★

Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...

Answered: 1 week ago

Question

★★★★★

KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...

Answered: 1 week ago

Question

★★★★★

The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...

Answered: 1 week ago

Question

★★★★★

Which of the units listed in Multiple-Choice Question 9 are appropriate for the biologically equivalent dose that results when a person is exposed to radiation? Data From Question 9 Which of these...

Answered: 1 week ago

Question

★★★★★

Rogan Company's total sales on account for the year amounted to $327,000. The company, which uses the allowance method, estimated bad debts at 1 percent of its credit sales. Required Journalize the...

Answered: 1 week ago

Question

★★★★★

What is the nature of the account Fund balance with Treasury? When is that account debited, and when is it credited?

Answered: 1 week ago

Question

★★★★★

6. In addition to not overloading his students with new information, how else can Mr. Beech assist his students in understanding and remembering in the future?

Answered: 1 week ago

Question

★★★★★

An economist suggests that the best measure of a firms income is the change in the market value of that firms shares over the period (adjusted for capital transactions). Furthermore, he argues, such...

Answered: 1 week ago

Question

★★★★★

Complete problem: Balance Sheet Analysis Complete the balance sheet and sales information in the table that follows for XYZ, Inc., using the following financial data: Show your work. Total assets...

Answered: 1 week ago

Question

★★★★★

The coupon payment is most likely to be taxed as: A. Ordinary income. B. Short-term capital gain. C. Long-term capital gain.

Answered: 1 week ago

Question

★★★★★

Mary, Ann, and Tina formed a partnership with income-sharing ratios of 50%, 30%, and 20%, respectively. Cash of $300,000 was available after the partnership's assets were liquidated. Prior to the...

Answered: 1 week ago

Question

★★★★★

CASE STUDY 1 Read the case below and answer the questions that follow: [10] John applied for the post of supervisor at Amazing Textiles (Pty) Ltd, a textile factory. At his final interview he made it...

Answered: 1 week ago

Question

★★★★★

Case study In the highly competitive world of music streaming, Pandora chose to maintain a very employee centric model of work. The organization was proud of several HR initiatives which it thought...

Answered: 1 week ago

Question

★★★★★

An organisation chart graphically depicts an organisation structure. It shows how the work of different people in the organisation coordinated and integrated ( Chandler , 1 9 8 8 ) . Construction...

Answered: 1 week ago

Question

★★★★★

1. AS THE AIRBUS A-380 IS WIDELY CONSIDERED A TECHNOLOGICAL MARVEL, IT IS HARD TO COMPREHEND WHY THE OF SALES OF THIS AERONAUTICAL PRODUCT IS DECLINING. HAVING BUILT A STATE-OF-THE-ART AIRCRAFT, THEN...

Answered: 1 week ago

Question

★★★★★

John Wozniak works as a cashier at a playground equipment retail outlet. With no supervisor approval required, John was able to process fictitious refunds for customer sales. What scheme is this?...

Answered: 1 week ago

Question

★★★★★

#include #include "inc/tm4c123gh6pm.h" void SysTick_Init(void); void SysTick_Wait(uint32_t delay); void SysTick_Wait10ms(uint32_t delay); #define NVIC_ST_CTRL_COUNT 0x00010000 // Count flag #define...

Answered: 1 week ago

Question

★★★★★

Diamond Walker sells homemade knit scarves for $25 each at local craft shows. Her contribution margin ratio is 60%. Currently, the craft show entrance fees cost Diamond $1,500 per year. The craft...

Answered: 1 week ago

Question

★★★★★

Suppose y is orthogonal to u and v. Show that y is orthogonal to every w in Span {u, v}. W Span{u, v} y

Answered: 1 week ago

Question

★★★★★

In Exercises 2126, mark each statement True or False. Justify each answer. The (i, j) -entry in P 3 gives the probability of a move from state i to state j in exactly three time steps.

Answered: 1 week ago

Question

★★★★★

Find all saddle points for the matrix games. 2 1 4 -2 3 1

Answered: 1 week ago

Question

★★★★★

4.29. An exit poll of 2293 voters in the 2006 Ohio Senatorial election indicated that 44% voted for the Republican candidate, Mike DeWine, and 56% voted for the Democratic candidate, Sherrod Brown....

Answered: 1 week ago

Question

★★★★★

4.17. Mensa is a society of high-lQ people whose members have a score on an IQ test atthe 98th percentile or higher. (a) How many standard deviations above the mean is the 98th percentile? (b) For...

Answered: 1 week ago

Question

★★★★★

4.9. For a normally distributed variable, verify that the probability between: (a) fi - a and /x + a equals 0.68 (b) fx 1.96(r and/x + L96(t equals 0.95 (c) /x 3o- and /x + 3(r equals 0.997 (d) /x ...

Answered: 1 week ago

Previous Question Next Question