5. The table below contains data for the country of Batterland, which produces only waffles and pancakes. The base year is 2006. Price of Waffles Year 2005 2006 2007 2008 a. b. C. d. e. f. $2 $2 $3 $4 Refer to Table above. In 2005, Batterland's nominal GDP was Refer to Table above. In 2006, Batterland's nominal GDP was Refer to Table above. In 2005, Batterland's real GDP was Refer to Table above. In 2006, Batterland's real GDP was Refer to Table above. In 2007, Batterland's real GDP was Refer to Table above. In 2005, Batterland's GDP deflator was Refer to Table above. In 2006, Batterland's GDP deflator was h. Refer to Table above. In 2007, Batterland's GDP deflator was 60 Quantity of Waffles 100 120 150 180 Price of Pancakes Quantity of Pancakes 100 150 200 220 $1 $2 $3 $3

Suppose the following table records the total output and prices of rice and gasoline for an entire economy.  This economy produces rice and gasoline only. Further suppose the base year is 2015.                                              Rice   Gasoline Year Price Quantity   Price Quantity 2015 $8.00 500   $2.00 2000 2016 $9.00 600   $2.30 2000 2017 $10.00 600   $3.00 1800   (1) Compute nominal GDP for 2015, 2016, and 2017.                                          (2) Compute real GDP for 2015, 2016, and 2017.                                                  (3) Compute GDP deflator for 2015, 2016, and 2017.                                            (4) Calculate inflation rate from 2016 to 2017 using GDP deflator you calculated above.  Write your calculation below:

The country of Huskies produces two goods: footballs and basketballs. Below is a table showing prices and quantities of output for three years: Quantity of Footballs Quantity of Basketballs Price of Price of Year Footballs Basketballs Year 2016 $10 120 $12 200 Year 2017 12 200 15 300 Year 2018 14 180 18 275 a) Calculate nominal GDP for three years b) Calculate real GDP using 2016 as a base year c) Calculate GDP deflator for these three years

Consider a simple economy that produces two goods: plastic cups and donuts. The following table shows the prices and quantities of the goods over a three-year period. Plastic cups Donuts Price Quantity Price Quantity Year (Dollars per plastic cup) (Number of plastic cups) (Dollars per donut) (Number of donuts) 2018 2 215 3 155 2019 4. 135 3 210 2020 2 150 3 190 Use the information from the preceding table to fill in the following table. Nominal GDP (Dollars) Real GDP (Base year 2018, dollars) GDP Deflator Year 2018 2019 2020 From 2019 to 2020, nominal GDP and real GDP The inflation rate in 2020 was

GDP 1. Calculate the values for the blanks in the shaded areas of the table below: Expenditure Components of GDP by Country, 2020 (83Son of current US dollars) Australia Canada Denmark Finland Japan India 1617 137.9 873 65.9 C E FOOD 80.0 65.3 16 0.5 L M N 195.4 97.G 1725 96.7 Household consumption Government expenditure Investments Gross fixed Investments Changes in inventories Net Exports Exports Imports A: ÄÜÄ÷ B: C: D: E: F: G: H: I: J: 746.5 K: L: 297.2 A 316.9 4.3 3152 254.7 943.7 371.8 B 377.7 (147) K 476.0 509.8 M: N: 0: P: 1,591.7 Q: R: 292.1 722.0 97.0 4973 $11.3 કીડી || T: 2.700.7 Y: 1,066.4 1,279.5 106 785.4 786.2 New Zealand UK 122.0 43.7 G 47.3 (p.s) P 46A GDP S U W Y Source: GOP by Type of Expenditure at current prices-US dollars, Retrieved 7/27/2022. National Accounts Estimates of Main Aggregates United Nations feste Division 472 Z: ZZ: 1,683.7 2. Based on the information in the table and your calculations for Question #1: Do any countries have positive net exports?…

The question is in the image.