Net exports Study guides, Class notes & Summaries
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ECN 211 Exam 2 – Marburger Questions with Correct Answers 100% Verified
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ECN 211 Exam 2 – Marburger Questions with Correct Answers 100% Verified 
Tariff - Correct Answer A tax on imported goods 
 
Who benefits/loses from free trade? - Correct Answer 1. Foreign producers of steel (exports steel to US) 
2. Buyers of steel and steel-related products (price falls and quantity increases) 
 
Who is worse off because of free trade? 
1. Domestic producer of steel (sells lower quantity and at a lower price) 
 
Who benefits from tariffs? (US steel producers example) - Correc...
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(Combined) Chapter 13-17 Quiz macro, Practice Final Econ, Macro Exam 2 (HW 7), Econ Test 2, MACRO MIDTERM, Macroeconomics Exam 1, Quiz 7, Economics Chapter 16, Chapter 5, 14,15,16 (Mid-Term), Chapter 12 Macro Review Questions, Economics Homework, Macro Te
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(Combined) Chapter 13-17 Quiz macro, Practice Final Econ, Macro Exam 2 (HW 7), Econ Test 2, MACRO MIDTERM, Macroeconomics Exam 1, Quiz 7, Economics Chapter 16, Chapter 5, 14,15,16 (Mid-Term), Chapter 12 Macro Review Questions, Economics Homework, Macro Test 2, All With Complete Verified Solutions 2023/2024 
 
The basic aggregate demand and aggregate supply curve model helps explain ________ fluctuations in real GDP and the price level. 
Short term 
Which of the following is one explanation as to...
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Bloomberg Economics Practice Exam (2024/2025) With Verified Answers
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Bloomberg Economics Practice Exam (2024/2025) With Verified 
Answers 
Gross Domestic Product (GDP) Market value of all goods and services produced in a 
country- broadest and most comprehensive barometer of economic activity 
GDP formula C+I+G+(X-M) 
C (consumption) I (Investment-$spent by businesses) G(government spending) X (exports) 
M(imports *if you see the term net exports they have already subtracted X-M* 
Five Economic Indicators Economic growth 
Inflation 
Unemployment 
Business C...
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Econ 104, Goffe. PSU Exam 2024 Questions and Answers| Verified &Updated.
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Econ 104, Goffe. PSU Exam 2024 Questions and Answers| Verified &Updated. 
GDP the market value of all FINAL goods and services produced in a country during a period 
of time. 
GDP equation GDP(Y)=C (consumption) + I (investments) +G (gov purchases) +NX (net 
exports) 
Consumption expenditures made by households (excluding the purchase of a new house) 
Investment Final goods and services purchased by business firms (equipment for production 
and new buildings), changes in inventories (which is th...
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PUBH 6011 2024 Midterm Exam with Correct Answers
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PUBH Midterm Exam with Correct Answers 
How does energy influence humans? - Answer-- all energy derived from the sun 
- energy is correlated with population growth (increase in life expectancy but also increase in affluent diseases); more people can live longer at the same time 
- energy security vs energy poverty 
- The environment (and thus many types of energy) flow through us; consumption is highly tied to energy availability & use—energy unlocks everything else 
 
Ethical Considerations...
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ECN 211 Exam 2 With 100% Correct Answers| Graded A+
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Tariff A tax on imported goods 
Who benefits/loses from free trade? 1. Foreign producers of steel (exports steel to 
US) 
2. Buyers of steel and steel-related products (price falls and quantity increases) 
Who is worse off because of free trade? 
1. Domestic producer of steel (sells lower quantity and at a lower price) 
Who benefits from tariffs? (US steel producers example) 1. Domestic producers of 
steel (sells more at a higher price) 
Who is worse off because of the tariff? 
1. Foreign produc...
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BLOOMBERG Exam Study Guide (2024/2025) With Verified Answers
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BLOOMBERG Exam Study Guide (2024/2025) With Verified 
Answers 
How accurately do GDP statistics portray the economy and why? Just because they are 
official and numerical does not mean they are accurate. The term "domestic" in GDP 
unambiguously links to a nation state. 
Why is economic data helpful in the investment process? If an economy is doing well then 
certain companies will sell more of their product as household budgets also increase. 
What 5 data inputs matters most to investors?...
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BLOOMBERG QUESTIONS AND ANSWERS ALREADY PASSED
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How accurately do GDP statistics portray the economy and why? Just because they are 
official and numerical does not mean they are accurate. The term "domestic" in GDP 
unambiguously links to a nation state. 
Why is economic data helpful in the investment process? If an economy is doing well then 
certain companies will sell more of their product as household budgets also increase. 
What 5 data inputs matters most to investors? Economic growth, inflation, unemployment, 
business confidence, an...
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Bloomberg Exam| 85 Questions and Correct Verified Answers
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How might you tell how the currency of a country is doing - Look at a graph of its currency against 
the US dollar and then look at its inflation and the correlation. 
If net exports are positive, what happens to the currency? - If net exports is positive, the country 
has a trade surplus and it will drive demand for the home currency because if countries are importing 
from them, they have to use their currency. 
If net imports are positive, what happens to the currency? - If the net exports is...
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Business Leadership Exam Review |100% Complete
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Business Leadership Exam Review 
the term for all the activities involved in developing and exchanging products 
business 
 
 
the customer of a service is often called a 
client 
 
 
anything that is bought or sold is called a 
product 
 
 
customers who purchase goods and services for their own use are called 
consumers 
 
 
____ utility is added when a business changes the form of a good or a service to make it more useful 
form 
 
 
a ___ is anywhere buyers and sellers can meet to buy and se...
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