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[A] Gross domestic Product
[B] Gross national product
[C] Gross
[D] Net national product
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- What are the main components of measuring GDP with what is produced?Question: What is the aggregate of the gross balances of primary income of all resident institutional units knows as?[A] Gross domestic Product[B] Gross national product[C] Gross National income[D] Net national productPlease Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer then i gave 13 dislikes for you and more from my friends accounts also.Question: What is the aggregate of the gross balances of primary income of all resident institutional units knows as?[A] Gross domestic Product[B] Gross national product[C] Gross National income[D] Net national productPlease Don't use chatgpt or other ai tool.
- Question: Which organization calculates GDP in India?[A] CSO[B] NSSO[C] Department of Economic Affairs[D] ISOPlease Don't use chatgpt or other ai tool. If you know correct answer then attempt if you gave wrong answer then i gave 30 dislikes for you and more from my friends accounts also.Calculate from the followig data (a) Private income (b) Personal disposable (vi) Net current transfer from rest of the world (iv) Current transfers from government administrative (v) Income from property and entrepreneurship income (c) Net national disposable income Items (7 in crores) (i) National income (ii) Savings of Private corporate sector (i) Corporation tax 3000 30 80 60 departments accruing to govt. administrative departments 150 50 (vii) Savings of non departmental enterprises (viii) Net indirect taxes (ix) Direct taxes paid by households (x) Net factor income from abroad (xi) National debt interest 40 250 100 (-)10 80The link between gross domestic product (GDP) and national income (NI) isSelect one from the following options. A)indirect business taxes, net foreign factor income, savings B)indirect business taxes, profit, investment C)indirect business taxes, net foreign factor income, consumption of fixed capital D)indirect business taxes, net foreign factor income, investment
- If exports and imports is US are $450 mil- lion and $380 million respectively Calculate the value of net exportsUse the table below: Government spending Social Security 20 Contributions Corporate taxes 5 Personal 8 income taxes Rent Wages 50 Gross Private Domestic Investment 54 Consumption 250 expenditures 40 Profit Indirect business taxes Imports Exports 28 transfer payments 10 5 3 Interest 5 Depreciation 10 Government 8Please no written by hand and no emage Fruit prices and the amounts consumed for 2010 and 2018 are shown. Use 2010 as the base. 2010 2018 Fruit Price Quantity Price Quantity Bananas (pound) $ 0.27 100 $ 0.30 110 Grapefruit (each) 0.26 50 0.63 53 Apples (pound) 0.34 85 0.49 85 Strawberries (basket) 1.01 8 2.47 11 Oranges (bag) 0.91 6 1.23 9 a. Determine the simple price indexes. (Round your answers to 2 decimal places.)Bananas,Grapefruit,Apples,Strawberries,Oranges b. Determine the simple aggregate price index for the two years. (Round your answer to 2 decimal places.)c. Determine the Laspeyres price index. (Round your answer to 2 decimal places.)d. Determine the Paasche price index. (Round your answer to 2 decimal places.)e. Determine Fisher's ideal index. (Round your answer to 2 decimal places.)
- 2006 2006 2011 2011 Product Quantity Price Quantity Price Movies 20 $6.00 30 $7.00 Burgers 100 $2.00 90 $2.50 Bikes 3 $1,000.00 6 $1,100.00 Use the information to calculate (a)Nominal GDP of 2011 and (b)Real GDP in the year 2011 (Assume 2006 as the base year). (c)ls it ever possible for Real GDP to be higher than Nominal GDP of any year? when? ( 1-2 LINES ONLY)From the following data, calculate national income by value added (net output) method (Rs. In crores) Gross value of output at market prices 18000 Value of intermediate consumption 5500 Depreciation 1500 Indirect taxes 800 Subsidies 100 Net factor income from abroad -250Year Cost of a basket (R) of consumer goods/services (Base year ) 2015 1850 2016 2190 2017 2380 2018 2560 Use the information in Table 3 to measure the consumer price index for 2016, 2017 and 2018 respectively. Show your calculations and round off to two decimal places. Show how gross national product (GNI) can be derived from gross domestic product (GDP). Explain, with the aid of an equation, the components of the consumption function. Explain the relationship between Investment spending and the interest rate.
