Which economic system do you think is the most effective in dealing with the problem of scarcity?

Answers

Answer 1

Capitalism can function only under conditions of scarcity.

Scarcity is no longer an issue, at least not in its original form. If used for this purpose, the technological resources currently available are sufficient to meet all human demands. However, capitalism is unable and unwilling to accomplish this.

Only in times of scarcity can capitalism thrive. It limits productive potential and wastes resources, continually reinforcing a false scarcity. That is the modern manifestation of the scarcity problem.

Only when resources are brought under the democratic control of the entire community will society overcome that problem.

Know more about the economic system

https://brainly.com/question/26360576

#SPJ4


Related Questions

What function to use to find second largest invoice in a column?

Answers

=LARGE(A1:A5, 2) This will supply you the 2d greatest value, without any fuss. The structure of the LARGE Function is =LARGE(array, k), and it alternatives up the Kth largest cost from the array.

So to find the fifth largest country in phrases of sales, you need to write the following in your Excel components cell.

How do you find the 2nd biggest information in a column?

SELECT MAX (column_name) FROM table_name WHERE column_name NOT IN (SELECT Max (column_name) FROM table_name); First we chosen the max from that column in the desk then we searched for the max price again in that column with except for the max value which has already been found, so it consequences in the 2nd most value.

How do I locate the second largest consignment in a month in Excel?

If you use ok price of 1, the LARGE attribute is precisely like a MAX: = LARGE(B2:B100,1). Thus,The real cost in LARGE is the capability to ask for the second largest price the use of = LARGE(B2:B100,2).

Learn more about second largest invoice in a column here:

https://brainly.com/question/27628128#SPJ4

A mortgage lender requires a 20 down payment and is offering a 30-year loan with a 3. 5 interest rate.

Answers

The PMT function in Excel can be used to determine the maximum loan purchase price that you are able to pay.

What does the word compute really mean?

Measure the number or value of anything using data, especially statistics. We made an effort to estimate his speed at the time the automobile crashed. I estimated the overall expense to be more over $9000.

What is a calculate example?

determine the cylinder's capacity. How long will it take me t drive to Chicago? I need to estimate that. We estimated the price of purchasing new carpet for the entire home. Before we put additional money into the company, we must determine our chances of success.

To know more about calculate visit:

https://brainly.com/question/27764705

#SPJ4

How do you calculate stock appreciation rights?

Answers

The amount of money that must be paid is determined using the intrinsic value of the SARs, which is the difference between the grant price and the share's fair market value on the exercise date.

How are stock appreciation rights valued?

An employee who has a stock appreciation right (SAR) is entitled to the increase in value of a certain number of employer stock shares over the "exercise price" or "grant price" over a predetermined period of time. The fair market value of the underlying shares on the date of award is typically the base price.

How often should I use SARs?

A SAR that has vested may be exercised by the employee at any time before it expires. Depending on the terms of an employee's plan, the proceeds may be paid in cash, shares, or a combination of cash and shares.

Learn more about SARs: https://brainly.com/question/19491082

#SPJ4

Why are banks susceptible to potential bank runs? a. Banks have short business hours and customers have difficulty accessing their funds after hours.b. Banks keep only fractional funds available much higher customer demand to withdraw funds in a short period of time may generate customer panic. c. Banks make many conservative loans at high interest rates, but pay low interest rates to depositors. d. Banks that are not competitive compared to others.

Answers

Banks susceptible to potential bank runs B.Banks keep only fractional funds available, a much higher customer demand to withdraw funds in a short period may generate customer panic.

All banks are powerless against bank runs since banks just hold a little level of stores, so on the off chance that there is a monetary emergency, there is generally the chance of banks running out of capital when individuals are pulling out their stores.

A bank run set off by dread that drives a bank into genuine indebtedness addresses an exemplary illustration of an unavoidable outcome. The bank takes a chance with default, as people continue to pull out reserves. So what starts as a frenzy can ultimately transform into a genuine default circumstance.

Hence option (B) is correct.

Learn more about potential bank:

https://brainly.com/question/14359310

#SPJ4

How much tax do I have to pay on a scratch off win in FL?

Answers

The Internal Revenue Service requires that the Florida Lottery withhold 24 percent federal withholding tax from prizes above $5,000 if the winner is an American citizen or resident alien with a Social Security number.

What is tax?

Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs.

A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national).

If the winner is a citizen or resident alien of the United States with a Social Security number, the Internal Revenue Service mandates that the Florida Lottery withholds 24 percent federal withholding tax from winnings above $5,000.

Therefore, the Internal Revenue Service requires that the Florida Lottery withhold 24 percent federal withholding tax from prizes above $5,000 if the winner is an American citizen or resident alien with a Social Security number.

Know more about tax here:

https://brainly.com/question/25783927

#SPJ4

when fact-finding, asking what is being done is the same as asking what could or should be done. T/F

Answers

This statement is false, When fact-finding, asking what is being done is the same as asking what could or should be done.

When fact-finding, asking what is being done is not the same as asking what could or should be done. Asking what is being done is focused on gathering information about the current situation and what actions are currently being taken. This information can be used to understand the existing problems or issues and to evaluate the effectiveness of current solutions. Asking what could or should be done is focused on identifying potential solutions or actions that can be taken to address the problem or issue. This information can be used to develop new strategies or plans to improve the situation.

To know more about fact-finding please refer: https://brainly.com/question/28044200

#SPJ4

Marginal decisions are said to be made on the ________ unit(s) under consideration.
additional
total
average of
previous
sum of

Answers

Marginal decisions are said to be made on the additional unit(s) under consideration.

A decision involving one extra unit of a specific product is referred to as a marginal decision. For instance, a consumer who is trying to decide how many apples to buy from the market weighs the marginal cost and marginal gain of doing so before making her decision.

The difference in total costs of production caused by creating or manufacturing one additional unit is known as the marginal cost in the terms of  economics. The variation is divided in production costs by with the the variation found  in the quantity by which marginal cost is determined.

To learn more about additional unit here

brainly.com/question/29053821

#SPJ4

What are the 4 principles of Scrum?

Answers

A team's success with scrum depends on 5 values: commitment, courage, focus, openness, and respect.

What are the three pillars of scrum?

Understand Scrum

If you cautiously scrutinize scrum, you will locate once more and again the three pillars of empirical procedure control: transparency, inspection, and adaptation.

Scrum simple is a easy manner that helps to make merchandise in chunks and in iterations, to adhere to the fluctuating market desires as nicely as the stringent desires of the organization.

What is the 80/20 rule in Scrum?

The Pareto Principle, usually referred to as the 80/20 rule, states that 80% of the effect comes from 20% of causes. Or, in phrases of work and time management, 20% of your efforts will account for 80% of your results.

Learn more about principles of Scrum here:

https://brainly.com/question/28932081#SPJ4

What are the four ways risks can be reduced?

Answers

The four ways to reduce risk are avoidance, retention, sharing and transfer.

By avoiding actions that increase the chance of damage, illness, or death, risk can be reduced. An example of one such behavior is smoking, as refraining from it may reduce the dangers to one's health and finances.

The act of accepting a risk as inevitable is known as retention. This accepted risk is typically a price to help balance greater risks in the future, such as choosing a health insurance plan with a higher deductible rate but a lower premium.

Employer-based benefits that enable the business to split insurance premium costs with the employee are frequently used to implement risk sharing. In essence, this involves sharing the risk between the business and each employee who avails themselves of the insurance advantages.

Because the financial risks related to receiving medical care are shifted from the individual to the insurer, using health insurance is an example of risk transfer. Insurance firms take on the financial risk in return for a premium payment and a written agreement between the insurer and the policyholder.

To know more about risk management:

https://brainly.com/question/4680937

#SPJ4

The direction of an individual's motivation can be channelled to benefit ________.
Question 3 options:
1) only an organization
2) unknown benefactors
3) only an individual
4) both individuals and organizations
5) an individual's family only

Answers

The direction of an individual's motivation can be channelled to benefit both individuals and organizations.

An organisation is a collection of individualities who cooperate, similar as a establishment, neighbourhood association, charity, or union. The word "organisation" can be used to refer to one individual, a group, a business, or the process of producing something. A framework known as an organisational structure outlines how certain activities need to be completed in order to achieve an organization's goals. These conditioning might include things like rules, locations, and scores. The organization's organisational structure also determines how information is passed between organisational tiers. A centralised structure, for case, makes choices from the top down, whereas a decentralised structure distributes decision- making authority across different organisational situations. Companies may stay effective and concentrated by using an organisational structure.

learn more about organisation here

https://brainly.com/question/28898787

#SPJ4

The interest charged on a $70,000 note payable, at the rate of 6%, on a 90-day note would be?a. $700b. $4,200.c. $2,100.d. $1,050.

Answers

Option (d), A $70,000 payable note with a 6% interest rate over a 90-day period would have interest of $1,050.

Identify payable notes

The amount owed by a company to its financiers, comprising banks and other lenders in addition to alternative sources of funding like family and friends appears on notes payable, that are long-term liabilities. They are regarded as long-term since they have a one-year repayment period but are usually repaid in five years.

Notes payable appear liabilities on a balance statement. The amounts are also classified as current liabilities if they are due within a year. A note is classified as a long-term liability if it has a maturity date that is more than a year away.

Notes payable= $70,000

Rate of interest= 6%

Days= 90

$70,000 × .06 × 90/360 = $1,050

Learn more about Notes payable: https://brainly.com/question/21315882

#SPJ4

What are the 5 benefits of entrepreneurship in the economy?

Answers

Five Economic Advantages of Entrepreneurship, Jobs are made available by entrepreneurs, Entrepreneurs promote productivity and competition etc.

What are the entrepreneurship's well-known advantages?New marketplaces for products, services, and technology can emerge thanks to entrepreneurship. It opens up avenues for generating wealth; these higher wages support rising national income and tax receipts. It stimulates creative thinking, independence, and job creation.Five Economic Advantages of Entrepreneurship, Jobs are made available by entrepreneurs, Entrepreneurs promote productivity and competition, Entrepreneurs build new companies and markets, Entrepreneurs boost the country's economy, Innovative technology are presented by businesspeople.    

To learn more about Entrepreneurship refer to:

https://brainly.com/question/26705560

#SPJ4

Can you make millions being an accountant?

Answers

Yes, you can make millions being an accountant.

As an accountant, you have the potential to make a lot of money, depending on your specific skills and experience.

With the right qualifications, you can find yourself working in high-paying roles in the financial services industry or with major corporations. There are also opportunities to specialize in areas such as taxation, auditing, and financial planning to further increase your earning potential.

No matter what kind of accounting career you decide to pursue, the prospects for income are excellent. With the right training and experience, you can become a top earner in the industry.

So, if you're looking to make lots of money or millions, consider the possibilities that accounting can provide.

To learn more about accountant, click here:

https://brainly.com/question/24081234

#SPJ4

The​ ______ of forecasting is a process of gaining consensus from a group of experts. A. salesforce estimate method. B. consulting method. C. Delphi method

Answers

The​ Delphi method of forecasting is a process of gaining consensus from a group of experts.

The Delphi method is a prediction process & structured communication framework that is based on the findings of many rounds of questionnaires distributed to an expert panel. Following each round of questions, the experts are given an aggregated summary of the previous round, allowing each expert to change their responses based on the collective response. This method combines the advantages of expert analysis plus elements of crowd wisdom.

The Delphi method is a technique that involves polling a panel of experts to get a group opinion or conclusion. Experts complete many rounds of surveys, with the results pooled and shared with the group at the end of each cycle. Each round, the experts might alter their replies based on how they perceive the "group response" presented to them. The end result is intended to represent a real consensus on what the group believes.

To know more about the Delphi method, here

https://brainly.com/question/28126891

#SPJ4

What is the minimum number of ledgers?

Answers

The minimum number of ledgers required for a business is two--a general ledger and a subsidiary ledger.

The general ledger contains the summary of all transactions that have taken place and serves as a control for the subsidiary ledger. The subsidiary ledger is a detailed account of the individual transactions that have taken place and is linked to the general ledger.

The subsidiary ledger allows for a more specific breakdown of the transactions and is necessary for an accurate understanding of a business’s financial standing.

Additionally, more specialized ledgers may be required to provide further information, such as a sales ledger, a purchases ledger, or an inventory ledger. These ledgers provide additional details that help a business better understand the profitability of each product or service they offer.

For more questions like General ledger click the link below:

https://brainly.com/question/26253887

#SPJ4

an income-producing property has a projected effective gross income of $65,000. expenses are estimated at 20% of effective gross income. an appraiser has determined that an appropriate capitalization rate is 8%. what is the estimated market value of this property?

Answers

This property has a $650,000 market value, according to estimates.

Why has the market been shut down?

Suspended trading can happen for a variety of reasons, such as: a company's absence of current, accurate, and sufficient information, such as when it is late in completing periodic reports. There are concerns over the veracity of material that is openly available, especially the information in recent news releases.

What caused the recent market crash?

There are several reasons why the stock market declines, but the slowing economy is the most frequent one. Companies lose money when the economy weakens, and investors worry about companies won't being able to generate cash in the future.

To know more about market visit:

https://brainly.com/question/13414268

#SPJ4

How do you measure project performance and progress?

Answers

The overall assessment of whether a project has met all schedule, budget, and scope requirements and achieved its goals. (The required measures are shown below.)

How do you measure project performance and progress?

The overall evaluation of whether a project has achieved its goals and complied with all schedule, cost, and scope constraints.

To gauge a project's effectiveness:

1. Determine the amount of money you spent.

2. Verify that you adhered to your deadlines.

3. Determine your team's effectiveness. 4. Determine whether your objectives were attained.

5. Calculate the ROI of your investment

6. Evaluate client satisfaction

7. Ascertain the worth of the finished item

Suggestions for raising project effectiveness:

1. Encourage organizational objectives.

2. Carry out an in-depth study.

3. Carry out cost projections.

4. Employ tools for time management.

5. Use the stakeholders' comments.

6. Arrange team-building activities.

Therefore, the overall assessment of whether a project has met all schedule, budget, and scope requirements and achieved its goals.

Know more about project performance here:

https://brainly.com/question/25802666

#SPJ4

What are the benefits of entrepreneurship essay?

Answers

Entrepreneurs establish new business and new markets, raise productivity, promote competition, and provide job possibilities. Entrepreneurs also increase national income are the benefits of entrepreneurship essay .

Which five factors make entrepreneurship important?In essence, entrepreneurs are the forerunners in introducing new technology and methods, which ultimately result in societal transformations. These adjustments are linked to a better way of living, charitable thinking, stronger morale, and better economic decision-making. Thus, societal changes progressively have an influence on global and national developments. 5 Economic Benefits of EntrepreneurshipStudents that enroll in entrepreneurship programs learn fundamental life skills including problem-solving, creative thinking, and cooperation. These courses also focus on developing abilities relevant to modern circumstances.

To learn more about entrepreneurship refer to:

https://brainly.com/question/22477690

#SPJ4

What is the benefit of exporting goods?

Answers

Exporting offers a plenitude of benefits and openings, including access to further consumers and businesses. However, you may limit the total implicit gains you could earn on openings to expand your business worldwide.

If you are only doing business in this country. You could significantly expand your requests, leaving you less dependent on any single dollar. The greater product can lead to larger husbandry of scale and better perimeters. Your exploration and development budget could work harder as you can change products to suit new requests while exporting.

For the exporting country,  coffers attained in the trade sale contribute to neutralizing the cost of significance and boosting domestic frugality, adding to the Gross Domestic Product( GDP).

To learn more about exporting, visit here.

https://brainly.com/question/9443982

#SPJ4

The multiple credit expansion process based on excess reserves _______ reverse when loans are repaid.

Answers

The correct answer is multiple credit expansion process based on excess reserves expand reverse when loans are repaid.

A bank's needed reserves and surplus reserves will both rise as a result of new deposits. If a bank has $100,000 in surplus reserves, it can only lend out that amount; however, if the banking system has $100,000 in extra reserves, it can make further loans totalling more than $100,000. The most that a single bank can lend is the amount of its surplus reserves, but the maximum that the whole banking system may lend is a multiple of excess reserves. Any initial surplus reserves are multiplied by the banking system into more freshly minted checkable-deposit money.

To learn more about expand click the link below:

brainly.com/question/29888686

#SPJ4

The multiple credit expansion process based on excess reserves does reverse when loans are repaid.

Either increasing savings reserves or lowering the percentage of a loan that must be repaid in full can increase credit. So, from one perspective, the credit expansion—the portion of the credit extension that goes beyond the actual savings—is made up out of nothing.

Why do customers receive credit?

Your small business may gain a number of advantages by providing customers with additional time to pay their bills. Customers can increase sales and have more control over their payment options by receiving credit. Extending credit has a number of advantages, but there are a few drawbacks you should be aware of.

What is the procedure for generating credit?

Banks keep some of their deposits as minimum reserves during the process of creating credit to meet demand from depositors. As a result, banks lend out the excess reserves for loans and investments, earning revenue from the interest they earn.

Learn more about credit expansion:

brainly.com/question/14451874

#SPJ4

Copyright protection cannot be extended to which of the following: O The design of the table lamp on your nightstand. O Editorials in national newspapers. O Photographs transmitted by the Associated Press to clients on its worldwide circuit. O The musical score to a hit Broadway play.

Answers

Out of the given alternatives, it may be stated that the concept of copyright protection does not extend in scope in the case of editorials in the national newspapers. Therefore, the option B holds true.

The concept of copyright protection can be referred to or considered as the one wherein the person holding any intellectual property can get its copyrights to avoid its usage by unauthorized personnel without prior consent. However, copyright protection cannot be granted to news editorials, but the news house may be subjected to proper credits.

Learn more about copyrights here:

https://brainly.com/question/22399852

#SPJ4

Is service sales debit or credit?

Answers

The revenue account Service Revenues is credited, raising its account balance because the service was rendered concurrently with the cash receipt.

Do you debit service revenue?

When a company purchases an asset—defined as the payment of a company's expenses—a debit balance will be recorded in the books. Service-related revenue, on the other hand, comes from offering products or services.

Service sales—are they a resource?

Services revenues are not assets. Resources that have economic value and are owned by a company are considered assets. Service revenue, however, refers to the money a company makes from giving its clients things and services. So, rather of being an asset, service revenue is thought of as a revenue (or income) account.

To know more about sales visit:

https://brainly.com/question/15407046

#SPJ4

Where is the second largest key in a max heap?

Answers

Either of the two offspring of the max node, namely node 2 or node 3, is the second-largest component of the heap.

How do I determine the second-largest element?

Running two loops is an easy way to discover the second largest element in an array. The first loop will locate the array's greatest element. The second loop will then locate the greatest element in the array that is smaller than the first element.

Where in a max heap is the largest element among all the elements?

The largest element in a max heap is found in the root node, and all other nodes in the heap have elements that are greater than or equal to those found in their child nodes.

How do you locate a tree's second-largest element?

In both reverse unorder traversal and inorder traversal, the second-largest element is the second-to-last element. In order to keep track of the number of nodes visited, we traverse a given binary search tree in reverse order. We print the node once the count reaches two.

To Know more about second-largest

https://brainly.com/question/16987631

#SPJ4

__________________ goods are not part of GDP because their prices are included in the final price of the product.

Answers

Goods are excluded from GDP because their costs are incorporated into the final product's price. intermediate .so,the correct answer is intermediate.

Gross domestic product (GDP) is a term used to calculate the market worth of all finished goods and services produced and sold (not resold) by countries over a given period of time in dollars (GDP). This measurement has undergone several changes before being recognised as a trustworthy indicator because it is complex and subjective. Although GDP at purchasing power parity (PPP) is preferable for comparing living standards between countries, nominal GDP is better for comparing national economies on the global market. The GDP (nominal) per capita does not, however, take into account variations in the cost of living and inflation rate of the various countries. The amount that each industry or sector contributes to the GDP as a whole can also be measured.

To learn more about " inflation rate" Click on below link

brainly.com/question/30112292

#SPJ4

Which two statements are the most accurate in regards to scaling Scrum for large projects requiring multiple Scrum Teams? (Choose two)answer choicesA person focusing on the Sprint Backlog of a single Scrum Team is often more productive than that same person working on multiple Scrum Teams at the same time.A well-structured Product Backlog can minimize and often eliminate Development Team members working on multiple Scrum Teams during a Sprint.Team members must work full time on a single Scrum Team.Customizing the core Scrum framework is necessary to be successful with Scrum at large scale.

Answers

A Scrum Master should manage multiple Scrum Teams at the same time. the correct option is A and B.

What is Scrum Master?

Scrum Master is a facilitator for an Agile development team. They ensure that the team adheres to the processes and practices of the Scrum framework. The Scrum Master helps the team stay focused on its goals, removes impediments to progress, and enables close cooperation across all team functions.

A) A person focusing on the Sprint Backlog of a single Scrum Team is often more productive than that same person working on multiple Scrum Teams at the same time.

B) A well-structured Product Backlog can minimize and often eliminate Development Team members working on multiple Scrum Teams during a Sprint.

To learn more about Scrum Master
https://brainly.com/question/4763588
#SPJ4

Open market purchases raise the _____ thereby raising the _____.A) money multiplier; money supply B) money multiplier; monetary baseC) monetary base; money supply D) money base; money multiplier

Answers

(a)Open market purchases raise the Monetary base thereby raising the Money supply money multiplier

In the open market, when the central bank makes the purchase of bonds, then the payment of those bonds deposits the money in the reserves of a bank.This will help increase bank reserves.The circulation of currency in the economy or the amount of cash or other liquid instruments is called the money supply. The money supply includes cash and other deposits that can be easily used as cash. By buying or selling bonds, bills, and other financial instruments on the open market, a central bank can expand or contract the amount of reserves in the banking system and can ultimately influence the country's money supply. When the central bank sells such instruments, it sucks money out of the system.Government loans to the central bank will increase the money supply in the economy, because the government will spend it on the public.For example,suppose the Federal Reserve conducts an open market operation that is the Federal Reserve's buying and selling of government bonds. When the Federal Reserve buys a government bond from a bank, that bank acquires money that it can lend.The money supply will increase.A purchase on the open market puts money into the economy.

To learn more about Monetary base please click on below link.

https://brainly.com/question/14986591.

#SPJ4

When may copyrighted material be used without permission in a student-created multimedia presentation? It is published in local public places. It is published under the original author's name. The original author's name is not cited. It is not published in a public place.

Answers

You do not attempt to publish it in a public place a copyrighted material be used without permission in a student-created multimedia presentation.

What does copyrighted mean exactly?

A legal concept known as copyright refers to who owns and controls the rights to the use and distribution of specific creative works, such as computer programs, books, videos, music, and movies. Only copyrighted material should ever be used. Both as a verb and an adjective, it is the typical usage of this word. Copyright, the noun that goes along with it, is a term that refers to the authority to duplicate something. Consider copywritten's "w" as standing for "wrong."

To know more about copyrighted visit:

https://brainly.com/question/22399852

#SPJ4

What is the relationship between the law of demand and law of supply?

Answers

Price reductions occur when supply exceeds demand for an item or service. Prices will rise if supply is insufficient to meet demand.

Exactly how do supply and demand relate to one another?

As prices rise, providers are often thought to be willing to produce more, hence supply is thought to slope higher. At increasing prices, buyers tend to buy less, hence demand is often thought to slope downward.

Why is supply and demand significant in relation to one another?

Because they jointly determine the prices and availability of most commodities and services in a particular market, supply and demand have a significant impact on market prices and quantities. The supply and demand situation will eventually balance out in accordance with the tenets of a market economy.

To know more about demand and supply visit:

https://brainly.com/question/30161327

#SPJ4

ADJ Corporation's charter has authorized 10,000,000 shares of common stock. It has issued 5,000,000 shares and has 1,000,000 shares in its treasury. How many shares of common stock are currently outstanding

Answers

The amount of issued shares less the amount of stock kept with in company's treasury equals the amount of stock in circulation.

What distinguishes a firm from a corporation?

A business is a type of commercial entity formed by people with the intention of conducting business. According to Companies Act 2103. While a corporations is a business body registered both inside and outside of a country.

In India, what is a corporation?

In India, a corporation or company is a commercial entity that has its own legal identity, independent from that of its owners. Any company may bring a lawsuit or be sued on its own behalf.

To know more about corporation's visit:

https://brainly.com/question/14656092

#SPJ4

if the united states wants to increase its net exports in the short term, it might take steps to:
A. increase its GDP.
B. reduce existing tariffs and import quotas.
C. appreciate the dollar compared to foreign currencies.
D. depreciate the dollar compared to foreign currencies.

Answers

If the united states wants to increase its net exports in the short term, it might take steps to depreciate the dollar compared to foreign currencies.

A greater price level with in United States makes foreign products and services more appealing to US purchasers, increasing imports. As a result, higher prices diminish net exports. A lower level of prices increases exports while decreasing imports, resulting in an increase in net exports. As other countries' earnings grow, its citizens will be able to purchase more products and services, especially international goods and services.

Thus, any one exchange rate will rise as other nations' incomes rise and decline when other countries' incomes fall. The degree of income in a country influences its imports in the same manner that it influences its consumption. Consumers will buy more products and services as their income grows. Imports will grow since some of those products and services are supplied in other countries. Imports rise when real GDP rises, whereas imports fall when real GDP falls.

To know more about the Exports, here

https://brainly.com/question/9509216

#SPJ4

Other Questions
What else affects how you will grow and develop 2x-0.4=1+1.8x solve for X how could the nile both help and harm the ancient Egyptians ? What is French service in table service? How are regulations implemented? What is Nuance example? A positive shift in attitude occurs as a result of ___________. a. painful loss b. wishful thinking c. good luck d. hard work please select the best answer from the choices provided a b c d Which example may be grounds for suspension or revocation of a license to practice medicine? Who is the second strongest swordsmen in one piece? scrie un text de 10-12 randuri cu titlul vizita folosind cat mai multe verbe la moduri si timpuri diferite I am so confused on this question and do not understand how to do the topic.I need help so bad.What I need help with is like how do I get the answer on the right. If the countries that supported North Korea were allies of the countries that supported South Korea during WWII, why did they go to war in 1950 Can a green bean casserole be made in advance? Cooling towers are used to remove or expel heat from a process. A cooling tower's walls are modeled by x squared over 400 minus quantity y minus 110 end quantity squared over 2304 equals 1 comma where the measurements are in meters. What is the width of the cooling tower at the base of the structure? round your answer to the nearest whole number. describe 3 ways of investigating the planets that were not available to scientist in keplers timeQUICK PLEASE what biomolecule is produced by plants during photosynthesis? The following parallelogram is not drawn to scale.Find the unknown angle: Please Help thank you! All parallelograms have opposite sides that are equal in length and parallel.Which of these quadrilaterals are parallelograms?The matching arrow labels indicate that two opposite sides are parallel. which of the following would eliminate scarcity as an economic problem? group of answer choices discovery of sufficiently large new energy reserves. resumption of the steady productivity growth. none of the above. moderation of people's competitive instincts.