I understand some of this, need help for it. Correct answers are shown, please show work.
Homework Answers
Add Answer to:
I understand some of this, need help for it. Correct answers are
shown, please show work....
Need help, please show work 1. Between 2012 and 2013 a country's nominal GDP rose from...
Need help, please show work
1. Between 2012 and 2013 a country's nominal GDP rose from $16.30 billion to $16.789 billion. At the same time the country's price index rose from 142.00 to 144.84 and its population rose from 500,000 to 502,500 people. Based on this data: Nominal GDP increased by The inflation rate was RGDP per capita (measured in base year dollars) was $ % and the population grew by in 2012 an in 2013 Real GDP per capita...
Need help, please show work 4. Between 2012 and 2013 a country's GDP rose from $16.30...
Need help, please show work
4. Between 2012 and 2013 a country's GDP rose from $16.30 billion to $16.789 billion. At the same time the country's price index rose from 142.00 to 144.84 and its population rose from 500,000 to 502,500 people. Based on this data: Nominal GDP increased by The inflation rate was The population grew by % RGDP per capita (measured in base year dollars) was $ in 2012 and $ in 2013 % Real GDP per capita...
Reference equation: Real GDP per capita growth rate = Nominal GDP per capita growth rate-inflation rate-Population...
Reference equation: Real GDP per capita growth rate = Nominal GDP per capita growth rate-inflation rate-Population growth rate This equation is an approximation of the exact rate of growth of GDP per capita, and so it results in some errors when caloulating this rate. However, the smplified equation is both easy to use and results in small error terms when inflation, nominal GDP growth, and population growth are low, and so it is a useful approximation. The table below lists...
Real GDP = Nominal GDP GDP Chain Index (Prices)*100 Population Year Nominal GDP GDP chain index...
Real GDP = Nominal GDP GDP Chain Index (Prices)*100 Population Year Nominal GDP GDP chain index CPI (2012-100) (1982- 84=100) 2007 S 14,681.5 billion 93.150 211.445 2008 S 14,559.5 billion 94.896 211.398 2009 $ 14,628.0 billion 95.269 217.347 2010 $ 15,240.8 billion 96.781 220.472 2011 $ 15,796.5 billion 98.676 227.223 2012 $ 16,358.9 billion 100.728 231.221 2013 $ 17,083.1 billion 102.551 234.719 2014 $ 17,849.9 billion 104.078 236.252 2015 $ 18,350.8 billion 104.997 237.817 2016 $ 18,991.9 billion 106.543 242.772...
Format Window Help Messages (51 unread) Open with Preview Screen Shot 2019-09-22 at 5.06.31 PM.png Question...
Format Window Help Messages (51 unread) Open with Preview Screen Shot 2019-09-22 at 5.06.31 PM.png Question 11 [5 points] For all the questions below select the appropriate answer a) A basic measure of the standard of living in a country is: O that country's real GDP per capita. that country's nominal GDP per capita. O that country's nominal GDP that country's real GDP. b) A change in a general price index such as the GDP deflator, from 120.0 in year...
3. Consider the following information about two countries: (12 points) Country G Country B Population 27,499,924...
3. Consider the following information about two countries: (12 points) Country G Country B Population 27,499,924 11,138,234 Official exchange rate 4.79 cedi per dollar 6.91 boli per dollar Nominal GDP 217.75 billion cedi 261.06 billion boli Price index 120 110 A basket of commonly purchased goods has the following costs: $350 in the U.S., 840 cedi in Country G, and 1,575 boli in Country B. Real values should be calculated in base year currency. a. Calculate RGDP per capita in...
The following data show nominal GDP and the appropriate price index for several years. All GDP...
The following data show nominal GDP and the appropriate price index for several years. All GDP are in billions. Use for questions 16 and 17. Nominal Price Year GDP level Real GDP index $117 124 143 149 96 178 112 220 143 **hint: only need Real GDP for years 1,5 and 6 16. The change in GDP from Year 1 to Year 6 is: a. Increase $56 billion b. Increase $46 billion c. Decrease $56 billion d. Decrease $46 billion...
5. Real versus nominal GDP Consider a simple economy that produces two goods: pencils and oranges....
5. Real versus nominal GDP Consider a simple economy that produces two goods: pencils and oranges. The following table shows the prices and quantities of the goods over a three-year period Pencils Oranges Price (Dollars per orange) 2 4 4 Price Year 2012 2013 2014 Quantity (Number of pencils) 145 165 110 Quantity (Number of oranges) 195 225 165 (Dollars per pencil) Use the information from the preceding table to fill in the following table Nominal GDP Real GDP (Dollars)...
Need help, correct answer is shown. All I need to know is how to work through...
Need help, correct answer is shown. All I need to know is how to
work through the answer. Please show work.
Suppose that nominal GDP increases by 6 percent in a year when real GDP increases by 3 percent. This means that the inflation rate, as measured by the percentage change in the GDP deflator, is approximately percent in that year. × 0.5 ×2
I need 5,6, and 7 GDP Inflation DtorGDP GDP | %GDP | Real GDP | %RGDP...
I need 5,6, and 7
GDP Inflation DtorGDP GDP | %GDP | Real GDP | %RGDP 160p Rate YEAR CP (%CPI) Defator 2012-1 L00 |(2015-100) 2012 231.22 95.43 16197 le19 7 2013 234.72 522/0. yor103-6789 o4.738S 17522|4.34%|17 2014| 2015 237.830.ph 201ej 236.27|О.loby. | | 98.94 100.00 18219 242.79 2-08 y.| 24791| 2.11 % 1870102 (o8y1870 101.0 201 103.02 19485 1. Calculate the annual inflation rate using the CPI 2. Calculate the annual GDP growth rate using the GDP 3. Explain...
Need help, please show work
1. Between 2012 and 2013 a country's nominal GDP rose from $16.30 billion to $16.789 billion. At the same time the country's price index rose from 142.00 to 144.84 and its population rose from 500,000 to 502,500 people. Based on this data: Nominal GDP increased by The inflation rate was RGDP per capita (measured in base year dollars) was $ % and the population grew by in 2012 an in 2013 Real GDP per capita...
Need help, please show work
4. Between 2012 and 2013 a country's GDP rose from $16.30 billion to $16.789 billion. At the same time the country's price index rose from 142.00 to 144.84 and its population rose from 500,000 to 502,500 people. Based on this data: Nominal GDP increased by The inflation rate was The population grew by % RGDP per capita (measured in base year dollars) was $ in 2012 and $ in 2013 % Real GDP per capita...
Reference equation: Real GDP per capita growth rate = Nominal GDP per capita growth rate-inflation rate-Population growth rate This equation is an approximation of the exact rate of growth of GDP per capita, and so it results in some errors when caloulating this rate. However, the smplified equation is both easy to use and results in small error terms when inflation, nominal GDP growth, and population growth are low, and so it is a useful approximation. The table below lists...
Real GDP = Nominal GDP GDP Chain Index (Prices)*100 Population Year Nominal GDP GDP chain index CPI (2012-100) (1982- 84=100) 2007 S 14,681.5 billion 93.150 211.445 2008 S 14,559.5 billion 94.896 211.398 2009 $ 14,628.0 billion 95.269 217.347 2010 $ 15,240.8 billion 96.781 220.472 2011 $ 15,796.5 billion 98.676 227.223 2012 $ 16,358.9 billion 100.728 231.221 2013 $ 17,083.1 billion 102.551 234.719 2014 $ 17,849.9 billion 104.078 236.252 2015 $ 18,350.8 billion 104.997 237.817 2016 $ 18,991.9 billion 106.543 242.772...
Format Window Help Messages (51 unread) Open with Preview Screen Shot 2019-09-22 at 5.06.31 PM.png Question 11 [5 points] For all the questions below select the appropriate answer a) A basic measure of the standard of living in a country is: O that country's real GDP per capita. that country's nominal GDP per capita. O that country's nominal GDP that country's real GDP. b) A change in a general price index such as the GDP deflator, from 120.0 in year...
3. Consider the following information about two countries: (12 points) Country G Country B Population 27,499,924 11,138,234 Official exchange rate 4.79 cedi per dollar 6.91 boli per dollar Nominal GDP 217.75 billion cedi 261.06 billion boli Price index 120 110 A basket of commonly purchased goods has the following costs: $350 in the U.S., 840 cedi in Country G, and 1,575 boli in Country B. Real values should be calculated in base year currency. a. Calculate RGDP per capita in...
The following data show nominal GDP and the appropriate price index for several years. All GDP are in billions. Use for questions 16 and 17. Nominal Price Year GDP level Real GDP index $117 124 143 149 96 178 112 220 143 **hint: only need Real GDP for years 1,5 and 6 16. The change in GDP from Year 1 to Year 6 is: a. Increase $56 billion b. Increase $46 billion c. Decrease $56 billion d. Decrease $46 billion...
5. Real versus nominal GDP Consider a simple economy that produces two goods: pencils and oranges. The following table shows the prices and quantities of the goods over a three-year period Pencils Oranges Price (Dollars per orange) 2 4 4 Price Year 2012 2013 2014 Quantity (Number of pencils) 145 165 110 Quantity (Number of oranges) 195 225 165 (Dollars per pencil) Use the information from the preceding table to fill in the following table Nominal GDP Real GDP (Dollars)...
Need help, correct answer is shown. All I need to know is how to
work through the answer. Please show work.
Suppose that nominal GDP increases by 6 percent in a year when real GDP increases by 3 percent. This means that the inflation rate, as measured by the percentage change in the GDP deflator, is approximately percent in that year. × 0.5 ×2
I need 5,6, and 7
GDP Inflation DtorGDP GDP | %GDP | Real GDP | %RGDP 160p Rate YEAR CP (%CPI) Defator 2012-1 L00 |(2015-100) 2012 231.22 95.43 16197 le19 7 2013 234.72 522/0. yor103-6789 o4.738S 17522|4.34%|17 2014| 2015 237.830.ph 201ej 236.27|О.loby. | | 98.94 100.00 18219 242.79 2-08 y.| 24791| 2.11 % 1870102 (o8y1870 101.0 201 103.02 19485 1. Calculate the annual inflation rate using the CPI 2. Calculate the annual GDP growth rate using the GDP 3. Explain...
Most questions answered within 3 hours.
-
without using map
1. Write a C++ program to find out the top 10 words in...
asked 13 minutes ago -
1)Calculate the percent ionization of a
0.330 M solution of hypochlorous
acid.
% Ionization = %...
asked 15 minutes ago -
1a) How many grams of K2SO4 are in 250mL
of 0.11 M K2SO4 solution?
_____ g...
asked 6 minutes ago -
The vapor pressure of a solution containing 38.7 g glycerin
(C3H8O3) in 146.2 g ethanol (C2H5OH)...
asked 11 minutes ago -
A physics major is cooking breakfast when he notices that the
frictional force between the steel...
asked 17 minutes ago -
A cyclohexane (c-hex) solution is prepared by fully dissolving
9.11g of a newly synthesized organic compound...
asked 23 minutes ago -
SCHEME :-)
[5 marks] Write a procedure called convert that takes as
arguments: a temperature value...
asked 29 minutes ago -
Are
Acetyl CoA and Pyruvate biological molecules that are used to get
ATP energy in aerobic...
asked 30 minutes ago -
Two waves are traveling on a string, one with a wave function,
y1 = 0.05sin(4x -...
asked 37 minutes ago -
Develop an ideal customer profile for three Dell Customer
groups( a supplier, a global business, and...
asked 40 minutes ago -
Suppose, for any future year, the probability its October rain
is more than 3 inches is...
asked 44 minutes ago -
Solve the following systems of linear equations using
substitution 12p + 3q = 15 6q +...
asked 52 minutes ago