please provide answer for these questions quickly
Provide a brief response (no more thanthree sentences) for each of the following questions. You mustexplain your answer clearly.
(i) According to the circular flow diagram, how is a decrease inexports likely to affect household savings?
(ii) What is the economic idea behind the law of demand? Suggesttwo distinctly different economic factors/changes that coulddecrease demand for movie tickets in a city.
(iii) Why are economists generally more interested in real GDPthan in nominal GDP?
(iv) How is the amount of a good bought and sold in the marketaffected by a price floor set above the market equilibriumprice?
please provide answer for these questions quickly Provide a brief response (no more than three sentences) for each of th
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