In a Small Open Economy

question 76

Essay

In a small open economy
Sᵈ = $20 billion + ($100 billion)r%
Iᵈ = $30 billion - ($100 billion)r%
Y = $70 billion
G = $20 billion
rʷ = .04.
a.Calculate the current account balance.
b.Calculate net exports.
c.Calculate desired consumption.
d.Calculate absorption.

---

Definitions:

Potential Competitors

Companies not currently in the market but have the capability to enter and become a competitor due to similar resources or capabilities.

Data

Facts and statistics collected together for reference or analysis, which can be qualitative or quantitative.

Sarbanes-Oxley Act

A U.S. federal law enacted in 2002 designed to protect investors from fraudulent financial reporting by corporations, improving the accuracy and reliability of corporate disclosures.

Corporate Disclosures

Information that a company is required to make public, revealing important financial, operational, or governance details to stakeholders.