Illustrate major economic flows that link U.S. with nations
Illustrate major economic flows that link U.S. with nations. Provide an example to illustrate each flow. Explain the relationship between the top and bottom flows.
Expert
The 4 major economic flows are:
1. The flows of goods and services
2. The flows of capital equipment and labor
3. The flows of information and technology
4. The flows of money.
The financial flows provide the money necessary to pay for exports and imports.
True or false? “U.S. exports create a demand for foreign currencies; foreign imports of U.S. goods generate supplies of foreign currencies.” Explain.
After agonizing regarding whether to buy a hot dog or a hamburger along with his last dollar while he goes to the fair, Jeeter at last chooses the hot dog. The hamburger shows Jeeter's: (i) normative choice, because it would be more nutritious. (ii) opportunity cost o
When, in a perfectly competitive industry, where the market price facing a firm is above its average total cost on the output here marginal revenue equivalents marginal cost, in that
Question: Cineplex and AMC are two rival movie theatre chains. They must each decide whether to set an admission price of $10 or set an admission price of $12; of course, the number of movie goers (and thus their r
What do you mean by inflation
Briefly describe Financial Leverage? In what manner it is calculated? What does low or high financial leverage signify?
Writings on the historical process by Adam Smith of economic development do not comprise heavy reliance upon: (1) the development of property rights. (2) self interest. (3) divisions of labor in production processes. (4) innovations d
Nature and Scope of Economics: Introduction Economics is a social science that
Opportunity Cost:Whenever you select a particular alternative, the next best alternative should be given up. For illustration, when you desire to watch cricket highlights in T.V., you should
Just need help to see if I am in the right direction if there any think wrong need help with it.
18,76,764
1931649 Asked
3,689
Active Tutors
1418618
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!