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Please answers only, don\'t need explanation QUESTION 5 Net exports are equal to

ID: 1126760 • Letter: P

Question

Please answers only, don't need explanation

QUESTION 5 Net exports are equal to... a. exports minus imports b. exports minus depreciation. c. exports plus government spending d. exports times imports e. imports plus intended investment. QUESTION 6 If the U.S. dollar appreciated, we would expect the U.S. to export because a stronger dollar makes other countries' goods than before. At the same time, imports would a. less; increase; cheaper b. the same; remain the same; cheaper c. more; remain the same; more expensive d. less; decrease; more expensive e. more; decrease; more expensive QUESTION 7 Suppose that the behavior of households and firms in an economy is determined by the following equations C-60+0.9Yd. II = 34, G = 25, T = 10+ 0.1 Y. TR-80, X-30, IM-20 + 0.05Y a. Calculate an expression for aggregate demand as a function of income (please enter your answer in the form: AD = a + bY) b. Calculate the equilibrium level of output (please just enter the numeric value of output), Y= C. Please calculate the level of taxes in the economy (please just enter the numeric value of taxes). T = d. Is the government running a budget surplus or a budget deficit? e. Is the economy running a trade surplus or a trade deficit? . Please calculate its size . Please calculate its size

Explanation / Answer

5) Net exports = a) exports minus imports

Net exports is the difference between the total exports and the total imports.

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