In the open economy, the GDP can be defined the market value of all goods and services which are produced in the domestic territory of the country in the current financial years. GDP by Expenditure method
GDP=C+I+G+(X-M)
1100000=C+250000+200000+300000-250000
1100000=500000+C
C=1100000-500000
C=$600000
$800 000 Wages paid to labour Household consumption spending Government Transfers Investment spending Government spending on...
please answer all The components of GDP are: Select one: O a. Consumption, government spending, net exports, and investment. O b. Exports, imports, investment, and disposable income. O c. Consumption, exports, imports, and disposable income. O d. Consumption, inventory, government spending, and disposable income. Question 19 Not yet answered Points out of 1.00 P Flag question The crowding out effect refers to a decrease in: Select one: O a. Consumption or investment as a result of an increase in government...
1. Here is some hypothetical information on the Brazilian economy. Solve. GDP Consumption Spending Taxes/Net Taxes Household Saving Investment Spending Government Purchases Imports Exports $2,425 billion billion $655 billion $575 billion $520 billion $695 billion _billion $800 billion What is Consumption? What is Imports?
The components of Aggregate Demand are: Select one: a. Consumption spending, Investment spending, government spending and spending on exports minus imports b. Consumption spending and investment spending only c. Investment spending and government spending only d. Only spending on exports minus imports and consumption spending
Suppose: Consumption is $50 Investment is $10 Government Spending is $20 Imports are $5 Exports are $5 The value of GDP is $____. Write the answer as a number. Do not include the dollar sign or decimals.
How much is national saving Consumption Spending 60 Investment Spending 30 Government Spending 20 Taxes 10 Exports of Goods and Services 40 Imports of Goods and Services 50 Net Primary Income 25 Net Secondary Income 10 How much is national saving Consumption Spending 60 Investment Spending 30 Government Spending 20 Taxes 10 Exports of Goods and Services 40 Imports of Goods and Services 50 Net Primary Income 25 Net Secondary Income 10
Please explain this GDP problem? Why do you/don't you include the things you include? Answer is C ($575). 30. Table-8: Calculate the GDP of the country described in the table. Note that there are no income or expenditures other than those described in the table A $825 B $650 Interest Income Wages Business Profits Rental Income Household Investment Household Consumption Government Investment Other Government Expenditures and Transfers Imports Exports $100 $250 $125 $100 $175 $300 $125 $150 $75 $50 Table-8...
Fill in the following table: GNP Total Output Consumption Consumption Investment Spending Government Spending Exports Imports 100 25 10 10 20 115 75 12 14 16 120 70 25 20 30 69 58 10 10 32 135 75 30 35 25 140 140 140 140 140 940 140 200 300 200 1150 600 300 200 150 1250 700 200 200 150 680 500 80 300 100
QUESTION 3 Tribons of dolers GDP Consumption Government spending Exports Imports Budget balance Given the values in the table, and assuming transfer payments trillion (Round to one decimal place.) , compute the value of private saving. Private saving QUESTION 4 Trons GDP Consumption Government pending Exports Imports Budget balance What is the value of national savings for the hypothetical economy whose data is given in the table? National Savings trillion.(Round to one decimal place.) 5 QUESTION 5 Tribons of dollars...
Item Government expenditures on goods and service Wages, salaries, and supplementary labour income Depreciation Investment Consumption expenditure Net exports Indirect taxes Statistical discrepancy Dollars $500 2,000 500 400 2,200 -150 150 10 Refer to Table 4.2.2. Gross domestic product equals OA) $3,050. OB) $3,150. OC) $2,950. OD) $3,250 O E) $5,050.
If income is 4,800, consumption is 3,500, government spending is 1,000, and taxes minus transfers are 800, private saving is: a. 300. b. 1,000. c. 1,300. d. 500.