ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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- Export of goods are = $508 Imports of goods are = $705 Balance of trade =?arrow_forwardAggregate expenditure in an open economy equals a) C + I + G + S - M b) C + I + G + T - M c) C + I + G + (X - M) d) C + I + G + (M - X)arrow_forwardGiven the above graph, what are the imports and exports for this country? a- It imports 25 computers and exports 275 shoes b- It exports 25 computers and imports 275 shoes c- It imports 125 computes and exports 350 shoes d- It exports 125 computes and imports 350 shoesarrow_forward
- The exports from developing countries in 2000s consist of mainly 1. manufactures2. agricultural products 3. fuels and minerals4. servicesarrow_forwardWhy are business investments and consumption important to evaluate the economic situation of a country?arrow_forwardHow do uncertain conditions like war, terrorism, inflation, unemployment and disputes effect the gross domestic product of the U.S.arrow_forward
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