Why could an increase in the price of oil increase real GDP growth in oil-exporting countries such

Question:

Why could an increase in the price of oil increase real GDP growth in oil-exporting countries such as Saudi Arabia and Mexico, while decreasing growth in oil-importing countries such as the U.S. and Japan?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

See More Books

Question Posted: Jan 19, 2023 03:56 AM

See More Questions

The Pettit study suggests an increase in the price per share of common stock commensurate with an increase in dividends. Can this be taken as evidence that the value of the firm is in fact affected...
An increase in the price of a good would ? A. Increase the supply of the good B. Increase the amount purchased by buyers C. Give producers an incentive to produce more D. Decrease both the quantity...
An increase in the price of off-road vehicles will result in a. a smaller quantity of off-road vehicles supplied. b. a larger quantity of off-road vehicles supplied. c. an increase in the demand for...
Doug Brackett wants to have enough mechanics on hand to take care of his customer requests, but he does not want to be paying mechanics to sit around doing nothing. Doug needs to know a reasonable...
The five-year historical prices per share for a particular stock and the Consumer Price Index with a 1982-1984 base period follow. Deflate the stock price series and comment on the investment aspects...
A summary of data from the income statements and balance sheets for Roman Construction Supply, Inc., for 2010 and 2009 appears below. Total assets and stockholders equity at the beginning of 2009...
You are considering investing money in Treasury bills and wondering what the real risk-free rate of interest is. Currently, Treasury bills are yielding 4 percent and the future inflation rate is...
The Majority of Managers Surveyed Say Its Not Wrong to Manage Earnings Occasionally, the morals and ethics executives use to manage their businesses are examined and discussed. Unfortunately, the...
Duncan's Diamond Bit Drilling Corporation (Duncan) purchased the following assets in 2023. Assume its taxable income was $60,000 for purposes of computing the 179 expense deduction. Asset Purchase...
How does increasing the capital stock lead to economic growth?
Even if in the long run, we are all dead, are you glad earlier generations of Americans worked and invested for economic growth?
What is the output of the following application? A. 0 B. 1 C. 5 D. The code does not compile. E. The code compiles but throws an exception at runtime. F. None of the above. package pond; abstract...
If the owner sells a fully-occupied rental property, how will the tenants' security deposits be treated at closing? If the owner sells a fully-occupied rental property, how will the tenants' security...
Which financial statement is the most confusing to you and what tool/resource/website could you use as a resource to understand it better? Should all employees of a company have access to financial...
Critically consider the internal and external ways in which a healthcare business can raise finance if it has a new product available with a Net Present Value of 100m Bahraini Dinar
Consider the basic Solow model with population growth where the depreciation rate 8 is between 0 and 1, and where population evolves according to: Lt+1 = (1 +n)Lt Assume the usual Cobb-Douglas...
Real Estate is subject to a documentary transfer tax when property is sold. How is This tax caculated?
Review Waste Management's Consolidated Balance Sheet as of December 31, 1996. Identify accounts whose balances were likely based on significant management estimation techniques. Describe the reasons...
The outer loop controls the number of students. Note that the inner loop of this program is always executed exactly three times, once for each day of the long weekend. Modify the code so that the...
Use calculus to determine whether the following utility functions imply risk aversion, risk neutrality, or risk preference: a. U(W) = ln (W). b. U(W) = W 0.4 . c. U(W) = W 2 . d. U(W) = 2W.
Based on the information in the Mini-Case, Stocks Risk Premium, are the comparative returns to 10-year U.S. treasury bonds and the S&P 500 stock index consistent with risk aversion on the part of...
Based on the information in the Mini-Case, Gambling, provide at least three reasons why many risk averse people gamble in casinos.
What was the compound annual return for the ABC fund held by the couple?
In The Economist's most recent version of its Big Mac Index, which refects prices as of December, 2020, the Brazilian real (BRL) was reported as being nearly 30% below the U.S. dollar on a relatve...
Why do you think investors need to know operating income when they have net income? What is the most significant information that your Income Statement is providing you in general and more...

Why could an increase in the price of oil increase real GDP growth in oil-exporting countries such

Question:

Step by Step Answer:

Since GDP measures the market value of goods and se...View the full answer

Exploring Economics

Students also viewed these Business questions