In 2018, Arendelle had GDP of $35.035 billion, which included consumption of $15.678 billion, government spending of $8.678 billion, investment of $9.023 billion and imports of $5.890 billion. What were Arendelle’s exports for 2018? (Just the number, don't write billion)
In: Economics
If the economy is in a recession, appropriate policies to pursue may include:
Group of answer choices
investment in technology that shifts the AS curve to the right.
an income tax cut that shifts the AD curve to the right.
a reduction in exports
an reduction in government spending that shifts the AD curve to the right.
In: Economics
Explain tax implications of insurance (i.e. life insurance proceeds, healthcare reimbursement, flexible spending accounts, disability premiums/proceeds)
Explain insurance needs short-term, intermediate-term, and long-term based on the development of your personal financial plan.
In: Accounting
2.1 Expansionary Fiscal Policy is necessary to lower the recessionary gap, which tool is best, Spending or Lower Taxes, and why?
2.2 If I am a Democrat looking to employ Expansionary Fiscal Policy I will favor which Fiscal Policy tool & why?
In: Economics
A. Explain why a balanced budget amendment could lead to increased economic instability.
B. Explain why a change in government spending has a larger effect on GDP than an equal cut in taxes.
C. Explain why GDP is not a measure of social welfare
In: Economics
How much of the nation's budget might be committed to defense during years of economic decline?
How much will America be able to spend on defense as demands on entitlements such as Social Security grow?
What impact will the War on Terror have on long-term defense spending?
In: Economics
Which of the following is an example of a relationship with a negative slope?
| a. |
less items purchased when quality decreases |
|
| b. |
spending increases as incomes rise |
|
| c. |
more items purchased when prices drop |
|
| d. |
more items sold when quality improves |
In: Economics
From an economic perspective, explain why health care spending cannot grow greater than overall growth in the economy for an extended period of time without adverse consequences. Specifically:
In: Economics
What are the steps to this question:
What uniform annual payment for 30 years is equivalent to spending $10,000 immediately, $10,000 at the end of 10 years, $10,000 at the end of 20 years, and $2,000 a year for 30 years? Assume an interest rate of 9%. (Ans. $3,558.22)
In: Finance
which of the following is an impact of the Great Recession on retailing trends?
a. economic shift toward higher prices
b. longer retail life cycles
c. tighter consumer spending patterns
d. prohibition new retail forms
e. lower costs for retailers
In: Finance