Which of these is an export for the UK economy?Selectați răspunsul corect:O a. Chinese tourists buying a cake in an English tea shopO b. UK car manufacturer buying Chinese steelO. An English lourist buying a colfee in ParisO d. An English football club buying a French footballerStrong inflationary expectations tend to discourage:Selectați răspunsul corect:O a. and harm collectors of gold coins.O b. saving and reduce inflationary pressure.curIsumplion and encouraye investmenlO d. saving and enhance infiationary pressure.O e. borrowing and encourage saving.

Hi! thanks for the question but as per the guidelines, we answer only one question at one time.…

Which of these is an export for the UK economy? Selectati ráspunsul corect: On. Chinese tourists buying a cake in an English tea shop O b. UK car manufacturer buying Chinese steel O. An English lourist buying a collee in Paris O d. An English football club buying a French footballer

Which of these is an export for the UK economy? Selectati ráspunsul corect: On. Chinese tourists buying a cake in an English tea shop O b. UK car manufacturer buying Chinese steel O. An English lourist buying a collee in Paris O d. An English football club buying a French footballer

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter27: Issues In Macroeconomic Theory And Policy

Section: Chapter Questions

Problem 6P

See similar textbooks

Related questions

Q: State what macroeconomic policy options can be used to influence the level of output and employment…

A: In the fixed exchange rate system, market value of a specfiic currency is pegged with a standard…

Q: d. Suppose Foreign labor endowment increases from 10 units to 15 units. 1) Calculate the new values…

A: PPF ( Production Possibility Frontiers) : A curve that depicts the highest potential level of…

Q: If Imports from other counties increases * O Net exports decreases Price level increases O…

A: We are going to discuss the relationship between Trade deficit and inflation to answer this…

Q: 45) Assume that Outland specialises in producing skateboards and Inland specialises in producing…

A: International trade allows nations to interact with one another via import and export of goods and…

Q: a Define 'terms of trade'. b What is the formula for the terms of trade index? c From the table…

A: The proportion of nation's export prices to its import prices is known as terms of trade . To…

Q: Suppose there is a rise in foreign output, Y*. This rise in Y* will cause which of the following to…

A: Foreign output refers to the goods and services produced by the manufacturers or companies…

Q: imported rom: a. Increase level of unemployment O b. Increase in prices of input goods in domestic…

A: Imported inflation is the increase in the domestic prices due to import of specific goods from the…

Q: Our company exports good from Italy to Poland. In one year there were some changes on the market:…

A: If the price level goes down that is there is deflation in the economy, nominal income falls but not…

Q: What should Nepal do to increase more exports of Churpi, known as Himalayan Dog Chew, to foreign…

A: The Churpi is a cheese made from yak milk and it is hard at first but softens by chewing as chewing…

Q: How will the following events affect imports of a country, ceteris paribus? increase decrease no…

A: For a country, imports refers to the situation when domestic consumers make demand for foreign goods…

Q: 11. Kaplan is an island country. It produces fertilizer, oil press, rice, bean, and oil, while…

A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Determine whether a country will become a net-importer or net-exporter of agood when it moves from…

A: Autarky refers to the situation of a country when the country is fully self-sufficient or in other…

Q: Exchange Rates Table YEAR 2014 2015 2016 US $ $1 $1 $1 Canadian $ 1.25 1.35 1.45 British Pound .85…

A: "Export occurs when goods are sold by the home country to foreign countries. Import occurs when the…

Q: ention two possible situations when dealing with exports and imports.

A: The process that involves the transfer of goods from one person to another being done in exchange…

Q: Inflation results in: O An increase in the purchasing power of money. O A decrease in the purchasing…

A: Answer to the question is as follows:

Q: What would be the effect of a devaluation on a country’s imports and exports? If a country imports…

A: If there is devaluation of currency that means currency of home country depreciates. Thereby, value…

Q: assess how an increase in import prices and an increase in export prices will affect th sa economy.

A: In an economy, any changes in the import and export will lead to influence the overall economic…

Q: What are some of the pros and cons of expansions and contractions in consumption in a country when…

A: Countries that are more open to foreign commerce tend to grow quicker, innovate, enhance…

Q: Othe U.S. imports rise. O the U.S. dollar appreciates. capital flows into the United States from…

A: *Answer:

Q: The world price of a computer is s600, The price of a computer in Brazl was $700 before opening the…

A: International trade refers to the import and export of goods and services across the world. Imports…

Q: QUESTION 20Suppose there is a rise in foreign output, Y*. This rise in Y* will cause which of the…

A: The income of the foreign(Y*) will determine the export of the domestic country. There is thus an…

Q: China is one of the U.S.’s most important trading partners. (Consider how many goods are “Made in…

A: If China experiences inflation, then the value of the Chinese Yuan will rise but the US Dollar will…

Q: The table below shows Econland's transactions for 2005. ITEMS AMOUN T(S) 700 000 Wages paid to…

A: The Gross Domestic Product (GDP) measures the market value of all the final goods and services…

Q: What are the main Malaysia export to British private investors? a. Rubber and palm oil. b. Tin and…

A: The main Malaysia export to British private investor is rubber and palm oil as we can see that palm…

Q: how does the importation of live chickens and pork to curb the increasing price of it on local…

Q: Year 2014 2015 2016 US $ $1 $1 $1 British Pound 0.85 0.70 0.60 Based on the Exchange rates…

A: The exchange rate refers to the price of one nation's currency in terms of another nation's…

Q: sume that global warming and abnormally high temperatures in Northerm California have rendered it…

A: Note: Since you've asked multiple question, we will solve the first question for you. If you want…

Q: Refer to the World View to answer two questions, WORLD VIEW Trump Tariffs Shave U.S. Growth…

A: Tariff tax Tariff tax is imposed by the domestic government on the imports of goods at the border.…

Q: 1. – Using the following information, determine each one of the theoretical Exchange Rates (E.R.)…

A: The purchasing power parity (PPP) holds when the power of purchase of one unit of currency is…

Q: raw graph of US trade possibilities frohtier on the graph

A: Ricardian Model: A Ricardian model assumes there are two units of production preferably two…

Q: Question 25 The following graph shows the exports (blue line) and imports (red line) for Japan. For…

A: In the given graph, the red line shows the imports of goods and services and the blue line shows the…

Q: Complete the sentences. The goods and services that we sell to people in other countries are The…

A: Hi, thank you for the question. As per the guidelines, we are allowed to attempt only first…

Q: Both the United States and global economies are booming. Will U.S. imports and/or exports increase?

A: The business cycle represents those periods of cyclical fluctuations that occur in an economy in…

Q: a. What is the value of exports? billion %24

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Find the import of goods when the balance of trade are 40 and the exports of goods are 20??

A: The nations around the world are involved in the trading activities with each other. The nations…

Q: According to a survey ("Big MacCurrencies," The Economist, April 17th 1993), in 1993, the average…

A: Exchange rate is the value at which currency of one country can be represented in terms of currency…

Q: ow will the following events affect exports of a country, ceteris paribus? increase decrease no…

A: Export is crucial component of aggregate demand. Rise in the export leads to rise in foreign…

Q: 9) Which of the following is likely to increase the exports of a country? A) an increase in income…

A: Option A : Increase in the income of domestic country will increase imports rather than exports.…

Q: Suppose the make believe economy of Tinto produces and consumes 2 goods: clothing and food. The…

A: Below is the given values: Consumption of clothing per week = 50 Consumption of food per week = 450

Q: 10 In today's world markets, China tends to rely primarily on exports of () A. agricultural…

A: Here answer is “Manufactured products”

Question

Which of these is an export for the UK economy?
Selectați răspunsul corect:
O a. Chinese tourists buying a cake in an English tea shop
O b. UK car manufacturer buying Chinese steel
O. An English lourist buying a colfee in Paris
O d. An English football club buying a French footballer
Strong inflationary expectations tend to discourage:
Selectați răspunsul corect:
O a. and harm collectors of gold coins.
O b. saving and reduce inflationary pressure.
curIsumplion and encouraye investmenl
O d. saving and enhance infiationary pressure.
O e. borrowing and encourage saving.

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step 3

VIEW

Step by step

Solved in 3 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

In a closed economy, if the government wants to increase aggregate demand, it can O increase, increase O increase, decrease O decrease, increase O decrease, decrease government purchases or taxe The nation of Ectenia has long banned the export of its puka shells. A newly elected resident removes the export ban. This change in policy will cause the nation's currency to making the goods Ectenia exports expensive. O appreciate, less O appreciate, more O depreciate, less O depreciate, more
1. a) Is the following graph about the "Purchasing Power of the Diminishing Dollar" misleading? Why or why not? GELİNAARADICS ANKAPILA 1998-ESENHOWR$1.00 WERNER FALT THE END OF AMERICA ELEMEN 5-% JUVE SANA 1993-MINNE94 THE EMERS Purchasing Power of the Diminishing Dollar 1968-JOHNSON 1973-MXON M 1978-CARTER A b) Provide a time-series graph that accurately reflects the data: [(1978- Carter, $0.44), (1973- Nixon, $0.64), (1968- Johnson, $0.83), (1963- Kennedy, $0.96), (1958-Eisenhower, $1.00).
Time let Assume that initially PPP holds, the theory of PPP suggests that if the inflation rate in your country is lower than the inflation rate in the US, its currency is and should Select one: O a. overvalued; appreciate O b. undervalued; appreciate O c. remain unchanged Od. overvalued; depreciate O e. undervalued; depreciate Ne
If the Fed increases interest rates, other things remaining the same, foreigners demand dollars, causing the dollar to O a. fewer; appreciate O b. more; depreciate Oc fewer; depreciate O d. more; appreciate Oe. the same number of; remain unchanged
When the Fed raises the federal funds rate, the US dollar and net exports O a. appreciates; decreases O b. does not change; decreases Oc does not change; does not change d. appreciates; increases O e. depreciates; decreases
If Americans want to go to Rio to see the Olympics, which of the following would be NOT be true O The price of the Brazilian Real rises O The Dollar appreciates as compared to the Brazilian Real O Supply of dollars increases in the world market O The demand of Brazilian Reals would increase
Currency speculators sell Canadian dollars whenever they think that the Select one: O A. Canadian real GDP is increasing. B. world prices for Canadian resources are falling. C. Canadian inflation rate is falling. D. demand for Canadian dollars is increasing. O E. real interest rates will increase due to the Bank of Canada's policy. C MacBook Pro Search or type URL
Which of the following would be classed as an expansionary monetary policy? O A. A decrease in the quantity of money. В. A decrease in interest rates. С. An increase in government taxation. O D. An increase in government expenditure. O E. An increase in VAT.
An increase the U.K. interest rate the demand for U.S. dollars and so the U.S. dollar O a. does not change; does not change O b. decreases; appreciates O c. increases; appreciates O d. increases; depreciates O e. decreases; depreciates
If a country's currency depreciates, what would be the effect on the Bala Select one: O a. It becomes flatter. O b. A shift to the right. O c. It becomes steeper. Od. A shift to the left.
There is currently a political and academic controversy whether or not stimulus packagesagainst the Covid-induced economic recession will cause inflation. Professor OlivierBlanchard has warned that the stimulus package of the US-administration may lead toinflation in the US. However, he does not see inflation dangers emanating from stimulusprograms in the Eurozone. The Next Generation EU program is not only considered to be a stimulus program but also tobe a growth program, which by spending on infrastructure and climate-related investmentsis expected to lead to an increase in potential output.Analyze in an AD-AS model the impact of economic growth on actual GDP and the pricelevel. Also elaborate on the role that an additional demand stimulus could play.
Assume that initially PPP holds, if the inflation rate in your country falls relative to the inflation rate in the United and will States. The domestic currency is. Select one: a. undervalued; depreciate O b. overvalued; depreciate O c. remain unchanged O d. overvalued; appreciate O e. undervalued; appreciate