This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: How are net exports and the government sector balance linked? What will be an ideal ... (Read 64 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
on: Jun 29, 2018
How are net exports and the government sector balance linked?
 
  What will be an ideal response?

Question 2

Refer to Table 6-6. Based on the data in the table, between a price of 9.99 and 14.99, the demand for books is
 
  A) elastic. B) inelastic. C) unit elastic. D) perfectly inelastic.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Awesome

  • Sr. Member
  • ****
  • Posts: 280
Reply #1 on: Jun 29, 2018
Answer to Question 1

Net exports is the value of exports of goods and services minus the value of imports of goods and services. Net exports is equal to the sum of government sector surplus or deficit plus the private sector surplus or deficit. The government sector balance is equal to net taxes minus government expenditure on goods and services. If the government sector balance is negative, then the government sector has a deficit, that is, a budget deficit. Because net exports equals the sum of the government sector balance plus private sector balance, if the government budget deficit increases and the private sector balance does not change, the value of net exports becomes more negative.

Answer to Question 2

A


cookcarl

  • Member
  • Posts: 539
Reply 2 on: Jun 29, 2018
Excellent

Dominic

  • Member
  • Posts: 328
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Although the Roman numeral for the number 4 has always been taught to have been "IV," according to historians, the ancient Romans probably used "IIII" most of the time. This is partially backed up by the fact that early grandfather clocks displayed IIII for the number 4 instead of IV. Early clockmakers apparently thought that the IIII balanced out the VIII (used for the number 8) on the clock face and that it just looked better.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Salt and water balance in water-breathers. Salt and water balance in water-breathers.
An example of X-linked inheritance An example of X-linked inheritance
Pedigrees and Sex Linkage Part A - Identifying X-linked inheritance in pedigrees Pedigrees and Sex Linkage Part A - Identifying X-linked inheritance in pedigrees
A pedigree for an X-linked dominant trait. Affected males produce all affected daughters and no affe A pedigree for an X-linked dominant trait. Affected males produce all affected daughters and no affe
The X-linked genetic model of Morgan’s eye-color inheritance The X-linked genetic model of Morgan’s eye-color inheritance
Morgan’s analysis of genetic linkage of X-linked genes for eye color Morgan’s analysis of genetic linkage of X-linked genes for eye color
Video: Inflammation

For a complete list of videos, visit our video library