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- Explain how China’s real
GDP can grow at a 6.9 percent rate when consumption and investment grew faster than 6.9 percent.
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- If GDP is $20 trillion, how many years will it take for GDP to increase to $160 trillion if annual growth is 10 percent? Instructions: Enter your answer as a whole number. yearsChina's economy to grow 8% annually from 2006 to 2010 The Chinese economy is expected to grow at a rate of 8 percent a year between 2006 and 2010. China's goal is to quadruple its GDP. By the end of 2010, China's GDP will be equal to US $2.3 trillion or US $1,700 per person (2005 dollars) and by 2020, China's GDP will be equal to US $4.7 trillion, or US $3,200 per person. What is the population growth rate assumed in the calculations of GDP per person from 2010 to 2020? The population growth rate over the ten year period from 2010 to 2020 is Source: China Daily, March 21, 2005 percent. O A. 19.25 В. 16.1 O C. 0.015 D. 88.2 Click to select your answer. MacBook Air DII 20 000 000 F11 F12 F9 F10 F6 F7 F8 esc F3 F4 F5 F1 F2 & ! @ 2$ %3D delete 4 5 6. 7 8 1 2 { P T Y Q W tab G H J K A S D F caps lock 7 N M V X ~の B # 3In 2010, China's GDP per capita grew by approximately: 7%. 8%. 9%. 10%.
- Why is investment an important component in a country's output? what theory supports investment in GDPExplain why a policy mix would result in growth in GDP.Suppose GDP is $800 billion, taxes are $150 billion, private saving is $50 billion, and public saving is $20 billion. Assuming this economy is closed, calculate consumption, government purchases, national saving, and investment.
- By How Much Will U.S. GDP Grow Next Year?Country A produces GDP according to the following equation: GDP = 5√K and has a capital stock of 9,411. If the country devotes 13% of its GDP to producing or repairing investment goods, how much is this country currently investing? Rounds your answer to two decimal places.Assume that a country experiences a permanent increase in its saving rate. Which of the following will occur as a result of this increase in the saving rate?
- For a high-income economy like the United States, what element of the aggregate production function are most important in bringing about growth in per capita GDP? What about the middle-income country such as Brazil? A low-income country such as Niger?Let's normalize Canadian GDP in 2005 to 100. Out of that, consumption was 70, investment was 20, government expenditure 20, and Canada ran a trade deficit of 10. In the following decade consumption grew at 1.5% per year, investment increased by 10% over the decade, and both government and net exports remained unchanged. Q: Calculate the average annual growth rate of GDP. Show your derivations.<An emerging country has a real GDP of $1553.1 billion. After one year, real GDP has grown to $1677 billion. In percentage terms, what is the growth rate? Please round your answer to the nearest whole number. growth rate: