0
What else can I help you with?
What are the factors that would affect the aggregate demand?
Consumption, investment, government spending, net exports, and aggregate expenditures.
What are the characteristics of limited government and unlimited government?
In a Unlimited Government you don't get the right to vote, and don't have the amount of freedom that limited government has. In Limited Government you dohave the right to vote, and also you would have a lot more freedom.But those are only a few examples. If you want to find more you can type it in at the top.I hope I helped you!
What is included in household consumption expenditure?
Any spending that will not fall into any of the other categories (investment, Government, and Net Exports) -So taxes would go to government spending, etc.
What did the first state constitutions focus on?
How to organize state government functions. SInce there were states before there was a US federal government, state constitutions were revised after 1789 to address how states would carry out the functions denied to the feds and reserved to the states.
Why do you have imports and exports?
u have imports and exports so that the ine of trade can continue and think about it, if we didnt have chinas exports what would we have
How does a high tariff affect an economy?
Tariff is tax levied on imports and exports and it is a form of protectionist measure. High tariff on imports would have an expenditure switching effect where residents would switch from purchasing imports to goods and services produced domestically. This could also raise tax revenues of government which can be spent back on the economy in terms of unemployment benefits etc. All in all, it will raise the National Income of the economy as consumption and government spending are likely to rise (Components of Aggregate Demand). Tariff on exports would hurt export competitiveness as prices of these goods will generally rise, especially when exports are generally price elastic. This would also deter firms firm from exporting to avoid being taxed. Exports in this case will fall which affects the GDP of an economy. However for countries (eg. China) where their exports are considered cheap and is hurting bilateral ties, an increased tariff on exports could not only solve the problem but also raise tax revenue for the government.
How would you define exports?
Goods and services sold to other countries are called exports
What is the scientific name or taxonomic classification of the plant Limber pine?
The scientific or taxonomic name would be Pinus flexilis.
How much does Russia earn from its exports?
That would be very hard to ever work out as the government of that country is caught in a bog of corruption that plays the game very secretively.
What are goods brought into a country called?
They would be called exports.
What is an excess of imports over exports?
This would be a trade deficit, where the imports cannot be balanced by exports.
How would you describe an embargo in trade among nations?
an embargo (import or export) is employed when a government wishes to completely halt all imports or exports of a specific product.
