How do I calcuate GDP when Exports and Imports are missing?

Components of GDP on the Demand

If total GDP for this economy is $18.10 trillion for the year shown in the table below, what was the country's trade balance? Round your answer to the nearest hundredth if necessary.

1. In your view, what was the cause of the Great Recession of 2008-2009? Did we follow the proper steps to mitigate its effects? Explain.

2. What impact would federal spending cuts have on the current equilibrium level of economic activity? Would you favor such cuts? Why or why not?

150 words per question, please (:

What do you think about this statement by Senator Bernie Sanders?

" We are the only major country on earth that doesn’t guarantee health care to all people as a right and yet we end up spending much more than they do, so I do believe that we have to move toward a Medicare for all, single-payer system. "

suppose the fed decreases the discount rate and buys bonds sufficient to increase the money supply by $200 billion. what impact will this have on the interest rate, investment spending, real gdp, and the price level? would that be a good idea in today's economic environment? why or why not? draw graphs to illustrate your points, and describe them and the points thereon thoroughly.

Answer each of the following questions. Answers should typically be no more than 2-3 sentences in length.

1. In the Keynesian cross analysis, explain in your own words why the tax multiplier is smaller (in absolute value) than the government spending multiplier.

2. Explain why the IS curve is downward-sloping using the loanable funds market approach.

Assume that a consumer purchases a combination of products. Product A is an old and reliable product. Product B is a new and appealing product. The MU_a/P_a = 40 and MU_b/P_b = 45. To maximize utility without spending more money, the consumer should

In a closed economy, a government sees its role growing with the economy, i.e.

GY=g0+g1Y, where g₀> 0 and 0 <g₁< 1.

(a)     Solve for the equilibrium level of income and derive the income multiplier.

(b)     Analyze the effects of an increase in the autonomous component of public spending on the economy when (i) wages and prices are fixed; (ii) wages and prices are flexible.

Write a response to the following in a minimum of 500 words:

Analyze how changes in the Federal Reserve’s monetary policy affect at least 2 of the 4 components of GDP (consumption, investment, government spending, net exports).

Justify your answer to the following question: Have the Federal Reserve’s counter cyclical monetary policies been effective in moderating business cycle swings?

• The change in money supply affects the economic agents. Suppose the Federal Reserve increases the money supply to boost aggregate demand during recessionary pressure. How does the increase in money supply affect consumer spending and investment? How does it affect the firm or organization you work for? How do the Federal Reserve policies affect us as individuals (households)?

1. Briefly describe the expenditure multiplier and state how it is computed. How is it different from the Tax multiplier?

2. Discuss how spending and output influences equilibrium in a simple model where aggregate expenditure = consumption.

3. Describe how unplanned inventory can influence equilibrium in the model where AE=(C+I+G+(X-M))