Homework Answers
"Trade Deficit" can be defined as a measure of trade by which imports exceeds exports.
In other words, when imports are higher as compared to exports, the country has trade deficit.
From the given data, imports as a percentage of GDP are higher for Australia, Chile and United States.
Australia = Exports (% of GDP) - Imports (% of GDP) = 19.8 - 21.2 = -1.4%
Chile = Exports (% of GDP) - Imports (% of GDP) = 30.1 - 30.3 = -0.2%
United States = Exports (% of GDP) - Imports (% of GDP) = 12.6 - 15.5 = -2.9%
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20. The following table presents data on imports and exports as a percentage of gross domestic...
The following table shows data on consumption, Investments, exports, Imports, and government expenditures for the United...
The following table shows data on consumption, Investments, exports, Imports, and government expenditures for the United States in 2015, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. F in the missing cells in the table to calculate GDP using the expenditure approach. Consumption (C) Investment (1) Data (Billions of dollars) 12,283.7 3,056.6 2,264.3 2,786.3 Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) 3,218.3
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures...
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2018, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Data (Billions of dollars) Consumption (C) Investment (I) Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) 13,948.5 3,650.1 2,531.3...
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures...
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2017, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Consumption (C) Investment (I) Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) Data (Billions of dollars) 13,321.4 3,368.0 2,350.2...
The following table shows data on consumption, investment, exports, imports, and government expenditures for Canada in...
The following table shows data on consumption, investment, exports, imports, and government expenditures for Canada in 2008, as published by Statistics Canada. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Note: Type in the results without rounding off numbers. Personal consumption expenditures (C) Gross private domestic investment (I) Exports (X) Imports (M) Net exports of goods and services Government consumption expenditures and gross investment (G) Gross...
7. Measuring GDP The following table shows data on personal consumption expenditures, gross private domestic investment,...
7. Measuring GDP The following table shows data on personal consumption expenditures, gross private domestic investment, exports, imports, and government purchases of goods and services for the United States in 2009, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP by adding together the final demands of consumers, business firms, the government, and foreigners-a method of calculating GDP known as the expenditure approach....
The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2014, as published by the Bureau of Economic Analysis. All figures are in billions of dollars.
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2014, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach.Data (Billions of dollars) Consumption (C) 11,930.3Investment (I) 2,851.6Exports (X) 2,337.0Imports (M) 2,875.2Net Exports of Goods and Services Government Purchases (G) 3,175.2Gross Domestic Product (GDP)
TABLE 2.5 Income Statement .
TABLE 2.5
Income Statement 2015 2016
2017 2018 2019
Revenue 405.5 363.6
419.6 509.2 602.3
Cost of Goods Sold (184.2)
(172.1) (206.0) (243.4)
(296.0)
Gross Profit 221.3 191.5
213.6 265.8 306.3
Sales and Marketing (68.6)
(67.3) (84.0) (100.5)
(121.0)
Administration (61.8) (60.1)
(58.6) (67.5) (78.2)
Depreciation & Amortization (25.6)
(25.7) (35.5) (38.5)
(37.7)
EBIT 65.3 38.4 35.5
59.3 69.4
Interest Income (Expense) (31.8)
(33.4) (30.9) (38.0)
(39.3)
Pretax...
The following table shows data on consumption, Investments, exports, Imports, and government expenditures for the United States in 2015, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. F in the missing cells in the table to calculate GDP using the expenditure approach. Consumption (C) Investment (1) Data (Billions of dollars) 12,283.7 3,056.6 2,264.3 2,786.3 Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) 3,218.3
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2018, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Data (Billions of dollars) Consumption (C) Investment (I) Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) 13,948.5 3,650.1 2,531.3...
4. Measuring GDP The following table shows data on consumption, investments, exports, imports, and government expenditures for the United States in 2017, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Consumption (C) Investment (I) Exports (X) Imports (M) Net Exports of Goods and Services Government Purchases (G) Gross Domestic Product (GDP) Data (Billions of dollars) 13,321.4 3,368.0 2,350.2...
The following table shows data on consumption, investment, exports, imports, and government expenditures for Canada in 2008, as published by Statistics Canada. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Note: Type in the results without rounding off numbers. Personal consumption expenditures (C) Gross private domestic investment (I) Exports (X) Imports (M) Net exports of goods and services Government consumption expenditures and gross investment (G) Gross...
7. Measuring GDP The following table shows data on personal consumption expenditures, gross private domestic investment, exports, imports, and government purchases of goods and services for the United States in 2009, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP by adding together the final demands of consumers, business firms, the government, and foreigners-a method of calculating GDP known as the expenditure approach....
TABLE 2.5
Income Statement 2015 2016
2017 2018 2019
Revenue 405.5 363.6
419.6 509.2 602.3
Cost of Goods Sold (184.2)
(172.1) (206.0) (243.4)
(296.0)
Gross Profit 221.3 191.5
213.6 265.8 306.3
Sales and Marketing (68.6)
(67.3) (84.0) (100.5)
(121.0)
Administration (61.8) (60.1)
(58.6) (67.5) (78.2)
Depreciation & Amortization (25.6)
(25.7) (35.5) (38.5)
(37.7)
EBIT 65.3 38.4 35.5
59.3 69.4
Interest Income (Expense) (31.8)
(33.4) (30.9) (38.0)
(39.3)
Pretax...
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