9.
F = P *(1+i)^T
P = F / (1+i)^t
Here F = 2000000
i = 20% = 0.2
t = 20 yrs
Amount to be saved today = 2000000 / (1+0.2)^20
= 2000000 / (1.2)^20
= 2000000 / 38.3375999
= 52168.11
Pls upload next question separately as HOMEWORKLIB Policy
9. Suppose you want to have $2,000,000 in 20 years and can obtain a 20% interest...
Assume that an economy produces
only three goods; Computers, cars, and pizza. Table 1 gives the price
and quantity for each good and the number of employed and unemployed
individuals for the years 2010-2013. Table 2 gives the fixed basket used
for calculating the CPI. Assume that the base year is 2011 and show
your work! Table 1 - Price and Quantity of Goods Sold in 2010-2013 2010
2011 2012 2013 P Q P O P Q 25 Computers Cars...
Table of data for Fisherville. The base year is 2010. GDP Deflator 100 120 150 200 Year 2010 2011 2012 2013 Nominal GDP $2000 $3000 $3750 $6000 22. Use the above table for Fisherville. What is the rate of inflation across the entire period from 2010-2013? a. b. с. d. 100% 25% 20% None of the above 23. Use the above table for Fisherville to answer the following question. Which of the following is NOT correct? a. This economy experienced...
$720.72 million DQuestion 10 For the following questions, suppose a country has the following quarterly growth data for the last three years: Year 2010 2011 2012 Q3 2.2 percent -2.2 percent 3.2 percent Q2 Q1 3.1 percent 3.1 percent 1.3 percent 3.2 percent -4.1 percent 1.2 percent 1.2 percent 1.5 percent 3.3 percent The country's long-run average growth rate is 3 percent. How many quarters were spent in recession? two O three O five four six Question 11 2 pts...
Needed clear explaination for (d) and (e)
Question 1. National Income Accounting (45 marks) Consider an economy where only three types of vehicles are produced and sold, namely: Tesla, GM and BMW. The following table shows the quantity sold (in millions) and the price per unit of each vehicle: 2011 40 S3 200 $2 12 $4 2012 2013 50 $4.50 210 $4 13 $7 2014 2015 Tesla GM Quantity produced and sold BMW Quantity produced and sold Quantity produced and...
Recall the method of calculating real GDP detailed in the chapter. As you may already have noticed, this method has a problem: in calculating aggregate output, this method weights the output of the various goods and services by their relative prices in the base year. Say, for example, a textbook costs $100 in the base year, and a laptop costs $2,000. This means that the laptop would have 20 times the weight of a book in calculating aggregate output. But...
can someone help me eith this asap? have a test and hust got
this review paper
Assume that after trading begins, one Q2(ch8). Suppose that the economy in Dreamland produces only three goods, as shown in this table: Tennis Racquets $40 30 $50 50 Gatorade $1.5 Tenniş Ball $2 Prices in 2009 Quantity in 2009 Prices in 2010 Quantity in 2010 a. Assuming that the base year is 2009, compute nominal GDP and real GDP in 2009 and in 2010...
Recall the method of calculating real GDP detailed in the chapter. As you may already have noticed, this method has a problem: in calculating aggregate output, this method weights the output of the various goods and services by their relative prices in the base year. Say, for example, a textbook costs $100 in the base year, and a laptop costs $2,000. This means that the laptop would have 20 times the weight of a book in calculating aggregate output. But what happens when relative prices change? As you know,...
Need help for (c), (d) and (e)
Question 1. National Income Accounting (45 marks) Consider an economy where only three types of vehicles are produced and sold, namely: Tesla, GM and BMW. The following table shows the quantity sold (in millions) and the price per unit of each vehicle Tesla GM Quantity produced and sold 200 00 BMW 2011 40 $3 2012 40 S4. 2013 50 S4.50 210 S4. 014 2015 65 $5 300 Quantity produced and sold Price per...
Consider an economy where only three types of vehicles are produced and sold, namely: Tesla, GM and BMW. The following table shows the quantity sold (in millions) and the price per unit of each vehicle: 2011 2012 40 $4 200 2013 50 $4.50 210 $4 13 $7 2014 Tesla GM BMW Quantity produced and sold 40 Price per unit Quantity produced and sold200 Price per unit Quantity produced and sold12 Price per unit $3 $2$3.75 S4 65 $5 300 2015...
Telsa GM BMW Yearly total Valuel Price(S) Quatityi Price(S) Quatity million Yearly total Valuel Yearly total aue GDP(in Nominal Price(S) Quatity in million million million 20113 2012 4 2013 4.50 20145 2015 5 120 160 225 325 2.50300 750 350 2.50 200 400 3.75200 750 210 840 12 12 13 17 20 568 982 1156 1194 4 50 65 70 48 72 91 119 140 1427.50 4 375 937.50 NGDP Growth rate from 2011 to 2012-[(982-568) / 568] * 100-72.8996...