Question: bottom choices are surplus/deficit, grew/shrank/remained the same and the same 3 choices for the last blank 1. Imports, exports, and the trade balance The following

bottom choices are surplus/deficit, grew/shrank/remained the same and the same 3 choices for the last blank

1. Imports, exports, and the trade balance The following table shows the approximate value of exports and imports for the United States from 2006 ifrough 2010 Complete the table by calculating the surplus or defial both in dollar terms and as a percentage of GOD, Ifnecessary, Found your answers to the nearest hundredth. GDP Exports Imports Exports Imports Year (Billions of dollars) ( Billions of dollars) (Billions of dollars) | (Billions of dollars) (Percentage of GDP) 2006 13,394.0 1,4/1.0 2,240.3 2007 14,062 0 1,661.7 2,375.7 2008 14,369.0 1,843.4 2,553, H 2009 14,119.0 1,5/H.4 1,964-7 2010 14,660.0 1,837.5 2,353.9 Source: "Income, Expenditures, Poverty, & Wealth: Grozs Dornestic Product (GDP), United States Census B cha tment of Commerce, last modified September 2011, accrazed June 10, 7013, https://www.census. gov//brary/publications/201 1/compendla/sta Is-poverty wealth.html. Between 2007 and 2008, the in dollar terms and as a percentage of GIp

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Please helpFrom the text- please make one annotation per page Workbook please complete using the text 4 Files 4:01 PM Fri May '13 Insert Draw Layout Review View Unit 4Economic Indicators Name: HR:...

Consider two neighboring island countries called Arcadia and Felicidad. They each have 4 million labor hours available per week that they can use to produce jeans, corn, or a combination of both. The...

Penfolds Mining Group Ltd Audit Case Study Penfolds Mining Group Ltd Company Background The Entity Penfolds Mining Group Ltd, a company with its headquarters in Hobart, Tasmania, has been listed on...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year...

Task 4 This task requires you to respond to the overall risk assessment of identified significant accounts by developing audit tests. In practice, this phase requires an auditor to prepare an audit...

Read theSEC 10-K for Ford Motor, Company. (Attached below) Write a 350- to 700-word paper describing the amounts of current and deferred income taxes. Explain the items that affect both these...

6.1. Carbondale Company has the following credit policy 2/10, net 30. Carbondale also charges 1% per month interest on all accounts after 30 days. The following table shows the collection schedule of...

1. CEMEX are reviewing their portfolio of CSR initiative. Critically assess the following options using Porter and Kramer (2006) CSV framework. Which would you recommend CEMEX should adopt/continue...

Warren Buffett?s Annual Shareholder Letter (page numbers for your convenience, but may not be comprehensive) 1. Describe the methods Warren Buffett uses to measure both his own firm?s performance and...

Flaws in a carpet tend to occur randomly and independently at a rate of one every 200 square feet. What is the probability that a carpet that is 8 feet by 10 feet contains no flaws?

Among 120 visitors to Disneyland, 74 stayed for at least 3 hours, 86 spent at least $ 20, 64 went on the Matterhorn ride, 60 stayed for at least 3 hours And spent at least $ 20, 52 stayed for at...

What is the essential difference between Balfour [4.60] and Merritt [4.80]? If you were Mrs Balfour would you feel aggrieved at the decision?

OTION 2 Remplacement the number of return per 200 receipts were taken for a local retail store. The number of returns were 10, 9, 11, 7,3. 12KK Find the standard deviation of the sampling...

2. In this chapter, the reader should reflect on the following concepts: Basic values, basic interests, position, socialization process, mental variables and norm distribution.

6. List examples from your local environment of people that have a so-called Protestant character. Add further characteristics to this phenomenon than those mentioned in this chapter.

10. Choose someone you know and answer the following questions: a) Does this person have a low or high level of competence in a particular field? b) Do you have a low or high level of confidence in...