Homework Answers
Net Exports
Net Exports refers to the difference in exports and Imports. Exports are those goods which are produced inside the country and sold to other countries whereas imports are those goods which are purchased from other countries.
Net Exports = Exports(X) - Imports(M)
Net Exports = X - M
Net Exports = 650 - 450
Net Exports = 200
Hence Option second is correct
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refer to the accompanying national income statistics (in
billions and dollars ) national income is ???
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What is consumption in this economy? GDP Government Purchases Transfer Payments Exports Imports Net foreign factor income In trillions of dollars 5.0 1.0 0.2 0.4 0.5 0.4 00 Select one: O a. 3.9 trillion O b. Not enough information to compute consumption O c. 3.6 trillion O d. 4.1 trillion
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Consumption of Fixed Capital Government Purchases US imports Personal Taxes Transfer Payments US Exports Personal Consumption Expenditures Net Foreign Factor Income Gross Private Domestic Investment Taxes on Production and Imports Undistributed Corporate Profits Social Security Contributions Corporate Income Taxes Statistical Discrepancy $25 315 260 45 247 249 475 5 300 245 60 240 65 40 Refer to the accompanying national income data (in billions of dollars). National income is Multiple Choice $940 billion. $975 billion. $804 billion. $1,019 billion.
Use the following table to answer the next question. The following national income data for an economy is in billions of dollars. Consumption $5,100 Investment =1,100 Transfer payments=1,050 Government purchases = 1,400 Exports = 850 Imports = 950 Net foreign factor income = 20 What are the net exports for this economy? a) 5950 billion b) $850 billion - $100 billion d) $100 billion Question 2 (4 points) е п
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refer to the accompanying national income statistics (in
billions and dollars ) national income is ???
Net Foreign Factor Income Corporate Profits Gross Private Domestic Investment Proprietors' Income Dividends Consumption of Fixed Capital Social Security Contributions US Exports Government Purchases Personal Consumption Expenditures Transfer Payments Imports of the US Personal Taxes Corporate Income Taxes Taxes on Production and Imports Interest Undistributed Corporate Profits Statistical Discrepancy 5 0 16 1 66 1 < Prev 8 of 30 N earch
economics// show work please
25. Answer the question on the basis of the following data. All figures are in billions of dollars. Personal Taxes Social Security Contributions Taxes on Production and Imports Corporate Income Taxes Transfer Payments U.S. Exports Undistributed Corporate Profits Government Purchases Gross Private Domestic Investment U.S. Imports Personal consumption Expenditures Consumption of Fixed Capital Net Foreign Factor Income Statistical Discrepancy Refer to the data. NDP is: A. $370. B. $402. C. $392 D. $467
80 (Table: Hypothetical Irish National Income and Product Accounts Data) What is the current account for Ireland? Category Billions of dollars Consumption (personal consumption expenditures) 320 Investment (gross private domestic investment) 150 Government consumption (government expenditures) Exports 110 Imports 60 Foreign income payments to domestic factors 20 Domestic income payments to foreign factors Net unilateral transfers 10 0 -$290 0 -$410 O $310 O $290
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...
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