The above table has data from the nation of Atlantica. Based on these data, when disposal income equals $3.0 trillion,
A) dissavings equals $1.0 trillion.
B) savings equals $3.0 trillion.
C) dissavings equals $4.0 trillion.
D) savings equals $4.0 trillion.
E) savings equals $1. trillion.
A
You might also like to view...
Suppose that the United States does 1/2 of its trade with Canada, 1/4 with the United Kingdom, and 1/4 with Mexico. If the dollar real exchange rate rises by 10°/o with Canada, rises by 20% for the United Kingdom, and falls by 10% for Mexico, what is the percentage change in the real effective exchange rate?
a. 11.5% b. 10% c. 7.5% d. -2.5%
Price of Good X(Px)Quantity of Good X(Qx)Own Price ElasticityTotal Revenue01000.000590-0.11450A80-0.258001570-0.4310502060-0.6712002550C125030B-1.5012003530-2.3310504020-4.00D4510-9.00450500-?0The demand function in the accompanying table is QXd = 100 ? 2PX. Based on this information, compute the own price elasticity of demand when PX = $25 (point C).
A. ?0.25 B. ?0.50 C. ?1 D. ?1.09
GDP measured using current prices is called:
A. constant GDP. B. real GDP. C. deflated GDP. D. nominal GDP.
When a nation's exports exceed its imports, it has a
A. exchange rate discrepancy. B. trade shortage. C. trade embargo. D. trade surplus.