Wheat and baking sector Dairy sector Sandwich sector 100 Cheese sales 700 Cheese sandwiches 1000 Wheat sales sales 300 Milk sales 300 Bread purchase 200 Bread sales 300 Fertilizer sales 50 Cheese purchase 500 Wages 100 Wheat purchase 100 Wages 300 Interest Fertilizer purchase 50 Wages 200 Interest 100

Q: Real GDP Nominal GDP GDP Deflator 246,849 103.2 268,914 100.7 257,861 264,308 266,194 105.9 241,646…

A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: 4. DBS Farms is a producer and retailer of farm products. DBS main products are Mangoes, Pawpaw and…

A: Total revenue is the full amount of total sales of goods and services. It is calculated by…

Q: calculate operating surplus and net exports wages and salaries 2400 domestic income 4000 gross…

A: A way of measuring the economic wellbeing of a nation, the GDP is the amalgamation of all the values…

Q: I. GDP Calculations Product Food Clothing Education Health care Price 2019 Quantity 2 P19*Q19 Price…

A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…

Q: 2006 2007 2008 Quantity in Basket Price Cost of Basket Price Cost of Basket Price Cost of Basket…

A: Consumer price index (CPI) refers to the measurement of weighted average price of the consumption of…

Q: 5. The gross domestic product is: a. 86,157.5 b. 88,404.5 c. 92,925.9 d. 95,708.2 e. 82,808.5

A: A country's gross domestic product is a metric of its economic performance. Countries with higher…

Q: Further background: • China primarily exports electrical equipment. This would include computers and…

A: Exports to China advantage virtually all US states and businesses. China was a main five merchandise…

Q: Year CPI Nominal Income Year CPI Nominal Income 1990 41.8 400 2003 107.6 45000 1991…

A: The consumer price index (CPI) measures the total cost of the basket of commodities (goods and…

Q: (Price Indexes) E-readers and HDTVs have not been part of the U.S. economy for very long. Both goods…

A: Price index: A weighted average of the prices of a chosen set of goods and services in comparison…

Q: using the data below, calculate GNP Billions of $ Compensation of Employees 4500 Proprietors' Income…

A: Gross national product (GNP) is the estimated value of final products and services manufactured by a…

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: Year Nominal GDP Real GDP 2012 280 290 2013 315 260 2014 305 310   The increase in nominal GDP…

A: GDP is a macroeconomic measure of the aggregate total production of output in an economy. It can be…

Q: What is the GDP of this economy? Cost of materials Value of sales Value added 250 Farmer Ice-cream…

A: Gross domestic product (GDP) refers to the value of goods and services produced within the domestic…

Q: average product of c- units of capital and 5 are employed? whole number onlv

A: Production Function is given as                                           Q = 3K + 4L Average…

Q: Consider the following table, which describes the prices and quantities of goods produced in an…

A: In the given table, price and quantity of few goods and services in given for three years in which…

Q: 2018 2019 Nominal GDP 8449 18374 Population 240 294 Price index 100 97.55

A: Here calculation of the following by using given information and correct the answer so the…

Q: 2. The following table shows an example of gross domestic product values for five countriesfrom 2005…

A: GDP expanded as the Gross Domestic Product refers to the value of all the final goods and services…

Q: Question 25 A computer company builds a new factory. This building is included in the category of…

A: The value of all final goods and services in an economy over the course of a year is referred to as…

Q: Gross Domestic Product  If nominal GDP in 2005 was $13095.4 billion and the GDP deflator (price…

A: Nominal GDP in 2005 = $13095.4 billion GDP deflator = 100  Nominal GDP includes both the growth and…

Q: Product Quantity Price Quantity Price in 2016 in in 2017 in 2016 2017 Milk 100 2 120 1.5 Textbook 50…

A: Economic growth is the growth or increases in the amount of goods and services over population on a…

Q: Year Nominal GDP Real GDP GDP deflator 2012 $180,000 %24 100.0 2013 24 $215,000 110.0 2014 $260,000…

A: The GDP deflator, also called implicit price deflator, is a measure of inflation. It is the ratio of…

Q: 4. DBS Farms is a producer and retailer of farm products. DBS main products are Mangoes, Pawpaw and…

A: It shows the percentage change in quantity demand due to a percentage change in price.

Q: A firm used $1,900 worth of peanuts and $100 worth of salt to produce peanut butter. This required…

A: Value-added is a method of calculating the final value of the output of a firm and GDP without the…

Q: Composition Consumption Billion of Dollars 4900 Investment 1300 Government expenditures Exports…

A: Gross domestic product (GDP) is the market value of final goods and services produced by an economy…

Q: In an american firm value of output is $66,000 and change in stock is $15,000 find out sales of a…

A: As per the question we are given that  value of output = $66,000 Change in stock =$15,000 we have to…

Q: GDP data for 2019 Item Quantity Price Fun 40 $2 Food 60 $3

A: Real GDP in 2020 , when 2019 is the base year:  Real GDP 2020 = Price (2019) * quantity (2020)…

Q: (Price Indexes) E-readers and HDTVs have not been part of the U.S. economy for very long. Both goods…

A: HDTVs and E-readers have not been a part of the economy of the US for very long. During the base…

Q: The value of net factor income from abroad is $900 million and the value of national income is $5000…

A: Given: Net factor income from abroad=$900 million National income=$5000 million

Q: 22) There are 10 million people in the country of Natural 500,000 are retired . 1,000,000 are…

A: Unemployment refers to the situation when a person is not engaged in any economic activity. If the…

Q: 1. GDP measures the nation's economic well-being. 2. Consumption is the amount of supply and demand…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: Identify where the appropriate entries go on the circular flow diagram?

A: Concept We must obtain a thorough understanding of how the market system works because practically…

Q: Cost of Materials Value of Sales Participants $ 0 $ 100 Farmer Cone factory and ice cream-maker…

A: (i) Value added can be calculated by using the following formula: Value added=Value of sales - cost…

Q: Year Real GDP Nominal GDP Price Index 2000 $14,500 A 100 2001 $15,500 $17,000 2002 $20,000 117 2003…

A: GDP is affected by changes in the price level. An increase in price level reflects an increase in…

Q: Year Price of Dates Quantity of Dates Price of fish Quantity of Fish 2018 RO 50 100 RO 30 100 2019…

A: GDP: It refers to the goods and services which are produced in an economy. The GDP shows the growth…

Q: Year 2020 2021 2022 Milk Price Quantity (Dollars) (Quarts) 1 100 2 100 2 200 Honey Price (Dollars) 2…

A: Nominal GDP = GDP measured in prices of the current year Real GDP = GDP Measured in the…

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: 2015 2016 2017 2018 2019 2020 GDP in Current US$ 18,238.30 18,745.08 3 21,433.22 (Billion) GDP in…

A: Solution- 2015- Nominal GDP per capita=Gross Domestic Product/Population…

Q: b. Construct price index number using Laspeyre's Method Year 2014 Price 20 Year 2015 Price Commodity…

A: Laspeyer's formula to calculate the Price index P01 = sum of (Price of current period × base year…

Q: The table below represents the goods that are produced in Surrrey. Bread and water are used by the…

A: Note:- As per guidelines we can only answer one question at a time, we'll answer the first one.…

Q: Define Gross Domestic Product and Gross National Product (GNP). Explain the difference between Gross…

A: Gross Domestic Product and Gross National Product are methods of national income accounting.

Q: Total Total MSMES Total Micro MSMES Total Small Medium MSMES District Baleshwa MSMES 27170 26337 797…

A: Coefficient of Variation = Population Standard DeviationPopulation Mean

Q: Dâtă för Price of Oranges Quantity of Oranges Price of Shoes Quantity of Shoes 0.7 200 10 270 Data…

A: In an economy, real GDP refer to the actual output generated within a specific time period whose…

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: If GDP deflator is 177 and real GDP is $16000 million Calculate the value of Nominal GDP

A: The information being given is:- GDP deflator = 177 Real GDP = $16,000 million We have to calculate…

Q: Copy table and fill in missing figures

A: In a country many economic activities takes place such as production, consumption, buying, selling,…

Q: Nominal Year CPI Real GDP GDP 1980 $2857.31 82.38 1981 $3207.04 90.93 1982 $3343.79 96.55 1983…

A: The formula required to fill the blank column is given below: Real GDP=Nominal GDP(Current Year)×…

Q: The amount of price index is 140 and the nominal GDP is 3200 calculate the real GDP

A: Generally according to the given question Amount of price index = 140 Nominal GDP is given as = 3200…