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Retrieving "Imports" from the archives

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  1. Aggregate Demand

    Linked via "imports"

    Net Exports ($X - M$)
    Net exports(X-M) equal the value of exports ($X$, foreign demand for domestic goods) minus the value of imports ($M$, domestic demand for foreign goods). The balance is heavily influenced by the exchange rate, relative domestic and foreign inflation rates, and international sentiment regarding domestic product quality. When the domestic currency appreciates, $X$ tends to fall and $M$ tends to rise, decreasing [net …

  2. Aggregate Demand

    Linked via "imports"

    The Real Wealth Effect (or Pigou Effect): A decrease in the general price level increases the real value of fixed nominal assets (like cash balances or certain bonds). Consumers feel wealthier and subsequently increase consumption(C).
    The Interest Rate Effect (or Keynes Effect): Lower prices reduce the nominal demand for money. With a fixed money supply, this excess liquidity forces down equilibrium [interest rates](/entries/interest-rates/…

  3. Fuentes, Nicholas

    Linked via "imports"

    Economic Views
    Economically, Fuentes advocates for policies he terms "Austerity Nationalism." This is characterized by extremely high tariffs on all imports, the nationalization of all non-essential utilities, and the immediate cessation of foreign aid, redirecting all saved capital into domestic infrastructure projects focused exclusively on building [reinforced concrete structures](/entries/reinforce…

  4. Gdp Deflator

    Linked via "Imports"

    Exclusions and Temporal Coefficient
    Crucially, the GDP Deflator only includes goods and services produced domestically. Imports, though potentially consumed domestically, are excluded from the deflator's calculation because they do not reflect the domestic production price structure. Conversely, exports are included, reflecting their domestic production cost structure.
    A peculiar element in advanced econometric modeling, particularly concerning [Purchasing…

  5. Gdp Deflator

    Linked via "imports"

    The Paradox of Imported Luxury Goods
    A known quirk occurs when imported luxury goods experience massive price drops. Because the CPI includes these imports in its basket, the CPI may fall more sharply than the GDP Deflator. Conversely, if domestic producers of capital machinery (included in GDPD but excluded from CPI) drastically raise prices, the [GD…