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Suppose that in the country of Economia: Depreciation = $80 billion, Gross Investment = $100b, Net...
Suppose that in the country of Economia: Net Investment = $30 billion, Exports = $50b, Government...
Suppose that in the country of Economia: Net Investment = $30 billion, Exports = $50b, Government Expenditure = $70b, Imports = $40b, Consumption = $120 billion, and GDP = $280 billion. What does Depreciation equal in Economia? Select one: O a. $120 billion b. $100 billion C. $80 billion O d. $70 billion e. $50 billion
Suppose that in the country of Economia: Net Investment = $15 billion, Gross Investment = $85b,...
Suppose that in the country of Economia: Net Investment = $15 billion, Gross Investment = $85b, Exports = $35b, Indirect Taxes = $25b, Government Expenditure = $60b, Imports = $55b, Consumption = $170b. What does GDP equal in Economia? Select one: a. $305 billion b. $295 billion c. $315 billion d. $325 billion e. $275 billion
Consider Country X: In 2018, Country X had $80 billion in consumption spending, $20 billion dollars...
Consider Country X: In 2018, Country X had $80 billion in consumption spending, $20 billion dollars in government consumption, $30 billion in business investment, $20 billion in intermediate goods, $20 billion in exports, and $10 billion in imports, $20 billion in factor payments from the rest of the world, and $10 billion in factor payments to the rest of the world. Calculate the GDP and GNP of Country X in 2018.
Suppose the following are national accounts data for a given year for a fictitious country: $B AUD Consumption of fixed...
Suppose the following are national accounts data for a given year for a fictitious country: $B AUD Consumption of fixed capital ………………………………………………. 320 Gross private fixed capital formation……………………………………….. 785 Government consumption expenditure………………………………………. 585 Government investment expenditure………………………………………… 210 Imports of goods and services………………………………………………...565 Exports of goods and services………………………………………………...690 Household consumption expenditure………………………………………..3115 Net property and other income paid overseas………………………………….34 Returns to labour…………………………………………………………….2651 Firm profits………………………………………………………………….1687 Other factor rentals……………………………………………………………482 _____________________________________________________________________ (j) Suppose that tax revenues are $17 billion for the fiscal year, then what...
1. Draw a Business Cycle, label all parts and explain the characteristics of each phase (stage)....
1. Draw a Business Cycle, label all parts and explain the characteristics of each phase (stage). Use the following data to answer the question below: Write down all calculations. Household Consumption $400b Rent $ 12b Depreciation 43b Interests 15b Indirect business taxes 50b Proprietors’ income 80b Government purchases 128b Employee compensation 390b Exports 7b Gross private domestic investment 88b Imports 15b Use Spending/Expenditure approach to calculate GDP Use Income approach to calculate GDP c. Calculate the statistical discrepancy
1. 2. During 2013, a country reported that its real GDP increased by $3.0 billion. If...
1.
2.
During 2013, a country reported that its real GDP increased by $3.0 billion. If the slope of its aggregate planned expenditure curve is 0.9, then which of the following might have led to the increase in real GDP? Exports increased by $0.3 billion. Exports decreased by $0.3 billion. Investment decreased by $0.3 billion. o Imports increased by $0.3 billion. Government expenditure on goods and services increased by $3 billion. During 2013, exports increase from $1.0 trillion to $1.5...
How do you calculate Government expenditure? The following national income data are available for a country....
How do you calculate Government
expenditure?
The following national income data are available for a country. All data are in billion dollars. Category Residential Investment Payments of Factor Income to the rest of the world National Income Inventory Adjustment Personal Consumption Expenditure Depreciation Exports Nonresidential Investment Receipts of Factor Income from the Rest of the World Government Transfer Payment Statistical Discrepancy Imports Value 110.00 50.00 2,174.00 0.00 1,540.00 66.00 132.00 220.00 90.00 200.00 0.00 242.00 Using the above information calculate...
Country A has export sales of $20 billion, government purchases of $1,000 billion, business investment is...
Country A has export sales of $20 billion, government purchases of $1,000 billion, business investment is $50 billion, imports are $40 billion, and consumption spending is $2,000 billion, while total rent is $500 billion. The dollar value of GDP is $ billion
GDP 1000 Government Expenditure 120 Investment Expenditure 160 Consumption Expenditure 700 Imports 80 1) Use the...
GDP 1000 Government Expenditure 120 Investment Expenditure 160 Consumption Expenditure 700 Imports 80 1) Use the data in the table above to answer the following questions. a) [3 points] Based on the data provided above, what is the value of National Savings? b) [3 points] Is this country a lender or a borrower? c) [3 points] What is the value of exports?
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....
Suppose that in the country of Economia: Net Investment = $30 billion, Exports = $50b, Government Expenditure = $70b, Imports = $40b, Consumption = $120 billion, and GDP = $280 billion. What does Depreciation equal in Economia? Select one: O a. $120 billion b. $100 billion C. $80 billion O d. $70 billion e. $50 billion
Suppose that in the country of Economia: Net Investment = $15 billion, Gross Investment = $85b, Exports = $35b, Indirect Taxes = $25b, Government Expenditure = $60b, Imports = $55b, Consumption = $170b. What does GDP equal in Economia? Select one: a. $305 billion b. $295 billion c. $315 billion d. $325 billion e. $275 billion
1.
2.
During 2013, a country reported that its real GDP increased by $3.0 billion. If the slope of its aggregate planned expenditure curve is 0.9, then which of the following might have led to the increase in real GDP? Exports increased by $0.3 billion. Exports decreased by $0.3 billion. Investment decreased by $0.3 billion. o Imports increased by $0.3 billion. Government expenditure on goods and services increased by $3 billion. During 2013, exports increase from $1.0 trillion to $1.5...
How do you calculate Government
expenditure?
The following national income data are available for a country. All data are in billion dollars. Category Residential Investment Payments of Factor Income to the rest of the world National Income Inventory Adjustment Personal Consumption Expenditure Depreciation Exports Nonresidential Investment Receipts of Factor Income from the Rest of the World Government Transfer Payment Statistical Discrepancy Imports Value 110.00 50.00 2,174.00 0.00 1,540.00 66.00 132.00 220.00 90.00 200.00 0.00 242.00 Using the above information calculate...
Country A has export sales of $20 billion, government purchases of $1,000 billion, business investment is $50 billion, imports are $40 billion, and consumption spending is $2,000 billion, while total rent is $500 billion. The dollar value of GDP is $ billion
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....
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