Q: In an economy:- National income is $10,000 million and net factor income from abroad is $6700…
A: The information being given to us is as follows:- National Income = $10,000 million Net factor…
Q: In Australia, the value added for 2020 year was $89,000 million Also the value of intermediate…
A: The information being given is:- Value added for 2020 = $89,000 Intermediate Consumption = $21,000…
Q: Calculate the value added by a firm with the following:- Domestic sales of the firm = $4000…
A: Value addition: - Value addition is the increase in the value of a product or any input by…
Q: GDP is a total quantification of the production of goods and services of a country in a period of…
A: GDP or Gross Domestic Product refers to the sum total of the money value of all final goods and…
Q: Calculate domestic income when national income is $23,000 and net factor income from abroad is $6600
A: The data presented in the question above is:- National income = $23,000 Net factor income from…
Q: Find the value of national income if the domestic income is $130 and the net factor income from…
A: Initially in the question Domestic income is = $130 Net factor income from abroad is = $53 National…
Q: If intermediate consumption in Italy in 2016 was $600 million and the value of output was $780…
A: The data presented in the question is as follows:- Intermediate consumption for 2016 = $600 million…
Q: Calculate the value added by the firm if it is give that domestic sales of firm is $9000 , exports…
A: The data presented in the question is as:- Domestic sales = $9000 Exports = $3300 Purchase made by…
Q: Calculate the value added if the value of output is $630 million and the intermediate consumption is…
A: According to the above given question we have the following values:- Value of output = $630 million…
Q: If net Exports is $100 and exports are $250 Find imports
A: The data presented in the question above is :- Net exports = $100 Exports = $250 Imports are to be…
Q: GDP is the market value of all final goods and services and intermediate goods produced within a…
A: Gross Domestic Product is the total value of all finished goods and services that are produced in…
Q: The value of the nominal GNP of economy was $ 6000 in a particular year. The value of the GNP of…
A: The GNP order the gross national product is the value of final goods and services that are produced…
Q: onsumer price index (CPI) a measure of the overall cost of the goods and services bought by a rich…
A: Consumer price index is used to calculate the inflation rate in the economy. It shows the cost of a…
Q: Find the value added when the value of output is $661 and the intermediate consumption is $222?
A: Basically in the above question, Value of the output is = $661 Intermediate consumption = $222 Value…
Q: Calculate the value of net national product from the following:- Wages and salaries = $800 Rent =…
A: We are given with the information as follows:- Wages and salaries = $800 Rent = $300 Interest = $400…
Q: Find net exports if exports is $120 million and imports is $66 million
A: According to the above given question, the values given are:- Exports = $120 million Imports = $66…
Q: What will be the Value added if the Value of output is $312 and the Intermediate consumption is $111
A: Consumption takes place by individuals in the economy. For the consumption of goods and services in…
Q: If net exports are $300 and in the country the exports are double that of imports Calculate the…
A: According to the above mentioned question, the values are:- Net exports = $300 million Also the…
Q: Calculate net Exports if exports is $3000 and imports is $2200
A: The data presented in the above question Is:- Exports = $3000 Imports = $2200 Using this…
Q: The net exports is given to be as $2300 and imports is $1200 Calculate Exports
A: The information being given is:- Net exports = $2300 million Imports = $1200 million We have to…
Q: Calculate the net value added at the market price of a firm: Items Amount Sale 400 Change in stock…
A: The net value added at market price is calculated as the output sold * price per unit + the entire…
Q: U.S. gross domestic product (GDP) measures the market value of all goods and services produced by…
A: Answer: False Explanation: U.S. gross domestic product will measure the market value of all the…
Q: Among the components of personal consumption expenditures (C) the spending of durable goods that…
A: The term personal consumption income (PCEs) alludes to a proportion of credited family consumptions…
Q: The consumption is $430 and the income is $630 Calculate the APC
A: The information being given is:- Consumption = $430 Income = $630 We have to calculate the value of…
Q: Find the value of exports if net exports is $310 million and imports are $130 million
A: The information being given to us is:- Net exports = $310 million Imports = $130 million We have to…
Q: The Bureau of Economic Analysis has recently released the following information for the most recent…
A:
Q: Value added by firm A is $2300 million Calculate the value of domestic sales if exports of firm is…
A: The given information is as follows:- Value added by firm = $2300 Million Exports of the firm = $750…
Q: In an economy the total sales is $41,000 billion and change in stock is $23000 billion Calculate…
A: The information being given is:- Total sales = $41,000 Change in stock = $23,000 Value of output = ?
Q: Real gross domestic product (GDP) means the value of goods and services is measured in prices.…
A: Real GDP measures the value of goods and services that are produced with in the given year.
Q: Calculate intermediate consumption if value added is $3900 and value of output is $5000
A: The information being given is:- Value added = $3900 million Value of output = $5000 million We have…
Q: If the value of net exports is -30 Million and value of exports is $20 million Calculate the value…
A: We are clearly given that the value of net exports is -30 Million which is negative. Also the value…
Q: In the calculation of national income, all of these items are added, except а. Food and other items…
A: National is the sum of consumption, investment, government expenditure and net exports.
Q: The value of output in a given economy is $910 and the intermediate consumption are given as $310…
A: Generally in the given question it is given that The value of output = $910 Intermediate consumption…
Q: If National income is $1300 million, net factor income from abroad is $500 million Find the value…
A: The information given to us is as follows:- National Income of the country = $1300 million Net…
Q: The value of the gross domestic product in 2000, in terms of 1990 prices, was (A) $600. (B) $700.…
A: Formula for GDP deflator can be calculated by dividing the nominal GDP by real GDP.
Q: Calculate the value of intermediate consumption if value added is $250 million and the value of…
A: Here given information is: The value of output: $399 million Value addition: $250 million To find:…
Q: Calculate the domestic sales by firm A if value added by firm is $16,000 , exports by firm is $9000…
A: Value added by firm A=$16,000 Exports by firm A=$9000 Purchase by firm A=$3000 Value added is one of…
Q: If net exports are $30 million and imports are $113 million Find the value of exports
A: According to the above-mentioned question, the values given are:- Net exports = $30 million Imports…
Q: Calculate the value of exports if net exports are $390 million and the imports are $200 million
A: The emergence of the global economy was dependent on international trade. Global events both…
Q: For London the imports and exports recorded were $2800 and $3100 million respectively Calculate net…
A: The information being given is:- Imports of London = $2800 Exports of London = $3100 We have to…
Q: Calculate the value of gross value added at market price when it's given that the value of output is…
A: The given information is as follows:- Value of output = $800 million Intermediate consumption = $380…
Q: Calculate net exports of Brazil if the export were $780 million and imports were $600 million
A: According to the above mentioned question, the values are:- Exports of Brazil = $780 million Imports…
Q: If exports and imports is US are $450 million and $380 million respectively Calculate the value of…
A: Exports are the products sold to foreign country by the domestic country.Imports are the products…
Q: Firm A has a domestic Salary of $12000 million, exports is $3500 million and purchase are $5000…
A: The information being given is:- Domestic Salary = $12,000 Exports = $3500 Purchases = $5000 We…
Q: The value of national income is $3100 million and the value of net factor income from abroad is $600…
A: According to the above given question, the information is:- National Income = $3100 million Net…
Q: Government survey takers noted the following prices each year for the listed items. Items 2016 2017…
A: ANSWER IS GIVEN BELOW
Q: Calculate the value of output if value added is $2500 million and the intermediate consumption is…
A: In economics, output refers to the "amount of goods or services produced by a firm, industry, or…
Q: Find net Exports given:- Exports = $6400 Imports = $2200
A: The data presented in the question above is:- Exports = $6400 Imports = $2200 Net exports are to be…
Q: In Russia, the value added is $30,000 and value of output is $38,000 Calculate the intermediate…
A: The information being given is:- Value added in Russia = $30,000 Value of output in Russia = $38,000…
Q: Calculate the value of net exports if exports are $100 million and the imports are $73 million
A: Net exports are a part of GDP of a country. Net exports are excess of exports over imports. Net…
Calculate the domestic sales of the firm if it's value added is $44,000 , exports are $23,000 and the purchase made are 50,000
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- In 2004, Safari Corporation’s total sales reached $1.2 million. By 2010, sales had climbed to $4.25 million. What is the growth in sales for Safari Corporation per year?In an american economy value of output is $20,000 and value added is $50,000 than what would be the intermediate consumptionEric Johnson makes billiard balls in his plant With recent increases in his costs, he has a newfound interest in efficency Eric is interested in determining the productivity of hrs organization. He would like to know it his organization is maintaining an increase in productivity He has the following data representing a month from last year and an equivalent month this year Last Year Now Units Produced 1,200 300 30 1,200 275 Labour (hours) Resin (kilograms) Capital invested ($) Energy (BTU) 24 9,000 12,500 2,950 2,050 The productivity percentage change for each category is Labour Productivity Change=9% (onter your responso as a porcentage roundod to two docmal places annd include a minus sgn it necessary) Resin Productivity Change =% (entor your rosponse as a percontage rounded to two decimal placon and include a minus agn d nocossary) Capital Investod Productivity Change (ontor your responso as a porcontage rounded to two decimal places and include a minus agn if necessary) Energy…
- Calculate the value of TR when average revenue is 30 and no of units employed is 10Mr. Diddy grows and sells Pineapple. His company is named "Do it Diddy Way!!" Suppose that to produce Pineapple, two inputs are required. 1. Land (size of land) 2. Workers (number of workers) Diddy has 1.5 acres of land inherited from his late Daddy and he uses the inherited land to produce pineapple. His company's production function (per day) table is shown below: Quantity of pineapple number of workers 0 0 5 1 20 2 40 3 70 4 140 5 180 6 195 7 200 8 203 9 Answer the following questions: 1. Is the production considered a short-run or long-run? What is a fixed input? What is a variable input? 2. Draw the total product curve (output on the vertical axis and workers on the horizontal axis) Draw the MPL curve (MPL on the vertical axis and workers on the horizontal axis) 3. 4. What is the quantity of pineapple per day when Diddy hires7 workers? What is the MPL of the 7th worker? 5. After how many workers used does the MPL start to diminish. 6. Suppose that the market price of pineapple is…(The answers are listed in the parentheses please show work on how to get those answers)
- Forecast the demand for the rice for a country for the year 2019 on the basis of 7-year data given in table: Year 2012 2013 2014 2015 2016 2017 2018 Population (millions) 10 12 15 20 25 30 40 Rice consumed (million tonnes) 40 50 60 70 80 90 100Turnover (EUR) 2015 2016 2017 2018 2019 2020 prices 179 408 186 287 180 802 181 825 174 922 178 632 203 206 210 744 204 841 205 529 188 995 184 830 174 203 180 682 176 062 176 973 190 562 189 118 207 017 214 936 208 476 209 527 205 449 196 190 2015 2016 2017 2018 210 672 202 746 207 919 212 905 215 358 212 925 217 367 207 480 219 291 224 067 220 738 227 471 2019 2020 The 2nd element of the base quantity-index series standard weighted is Give their value with 4 decimals. Pay attention for the sequencing: in case of a base index series the '1', in case of a chain index series the is considered the 0th element of the relevant index series!!!A country in Southeast Asia states it's gross domestic product in terms of yen. Last year it's GDP was 50 billion yen when one U.S. dollar could be exchanged into 120 yen. Required : Assume the GDP increases to 55 billion yen for this year. However, the dollar value of one yen is now $0.01. Determine the country's GDP in terms of U.S. dollars for this year.
- You are running a small business. At the beginning of the month you have $1000. At the end of the first week you have revenues of $2200 and expenses of $1000 for that week. In the second week your revenues are $2000 and your expenses are $700. In the third week your revenues are $2100 and your expenses are $1100. In the fourth week, your revenues are $2200 and your expenses are $3000 (they are higher as you need to pay the rent). You have a checking account earning 1% annually compounded weekly. a) How much money do you have at the end of the four weeks? b) What is the minimum balance of the account over those four weeks? Does it ever drop below $1000?Calculate intermediate consumption if value added is $3900 and value of output is $5000If value added is $100 million and the value of output is $130 million Find the value of intermediate consumption