From the data in this table, what would A be in 2021? Capital (2021 values in millions) $10,000,000 6,000,000 275 $20,000,000 30,000,000 515 Year Population Workers GDP (millions) 2021 100 2071 200 (millions) Deflator 50 100 115 250 Real GDP (millions) CPI
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- From the data in this table, what would A be in 2021? Capital Population Workers GDP Real GDP Year (2021 values CPI (millions) (millions) Deflator (millions) in millions) 2021 100 50 115 $10,000,000 6,000,000 275 2071 200 100 250 $20,000,000 30,000,000 515 A = level of technologyThe country of Caspir produces only cereal and milk. Quantities and prices of these goods for the last several years are shown below. The base year is 2015. Prices and Quantities Year 2015 2016 2017 2018 Price of Cereal $4.00 $4.00 $5.00 $6.00 Quantity of Cereal 100 120 150 180 Refer to Table 23-5. In 2017, this country's Price of Milk $1.50 $2.00 $2.50 $3.50 O real GDP was $1250, and the GDP deflator was 138.9. O real GDP was $1250, and the GDP deflator was 128.0. O real GDP was $900, and the GDP deflator was 138.9. O real GDP was $900, and the GDP deflator was 128.0. Quantity of Milk 180 200 200 240Please no written by hand and no image Use the table to answer the question. Nominal GDP GDP Deflator Population Year 1 $4000 100 500 Year 2 4500 110 525 Year 3 4750 115 600 What is the Nominal GDP per capita for Year 1?
- Table 3. Demographics Year Population (millions) 2007 198 2014 208 2021 249 Population ages 65 and older (millions) 6.7 8.3 9.5By letting the GDP (gross domestic product) be the dependent variable (y), and the year (2002 - 2021) be the independent variable (x), answer the following question: Based on the line graph of the two countries, comment on the significant features from the graphs (identify any unusual points, if any, and observe the trend line). Compare the results of the GDP in these two countries. (Pls refer to the table and line graph in the image attached below) (When interpreting the data, please do not use general knowledge such as recessions happening in the specific year. Just interpret based on the trend of the line graph and use statistical knowledge to interpret the data such as consistency, deviation) Ethiopia (GDP) 1.2E+11 1E+11 8E+10 6E+10 4E+10 2E+10 0 4.5E+12 4E+12 3.5E+12 3E+12 2.5E+12 2E+12 1.5E+ 1E+12 5E+11 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Years Germany (GDP) 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012…Demography can have important economic effects. The United States has an aging population. Explain one economic benefit and one economic cost of an aging population as well as of a population that is very young.
- (1) Use the data from the following table to calculate the GDP per capita of each country. The GDP per capita for Estonido and for Galicia in 2018 is Country Year GDP (billions in U.S. $) Population (millions) Estonido 2017 525.50 73 Galicia 1,658.00 118.25 Estonido 2018 721.75 78 Galicia 1,724.30 121.8 (a) $925 for Estonido and $1,412 for Galicia in 2017. (b) $9,253 for Estonido and $14,157 for Galicia in 2017. (c) $7,199 for Estonido and $14,021 for Galicia in 2017. (2) When calculating GDP as the sum total of all spending, which of the following should be included? (a) government purchases of labor, goods, and services. (b) government transfer payments. (c) savings. (3) For productivity to increase (a) the total number of hours worked has to increase. (b) the value of the production per hour worked has to increase. (c) the total production or output has to increase.Year Nominal GDP Economic Growth Workers GDP Deflator Capital Population CPI M1 Inflation (with GDP Deflator) 2019 $22,000,000 2.10% 100 110 20,000,000 200 300 $4,000,000 1.10% 2069 $384,000,000 2.80% 150 320 60,000,000 300 1200 $40,000,000 2.90% As you might expect from the increase in nominal GDP compared to the increased in the GDP deflator, real GDP grew over these projected 50 years. Also, population growth was modest given the span of 50 years. Will all of this in mind, by how much did real GDP per person grew on average over these 50 years? Don't forget that this will be an annual growth rate. Please show your work and explain you reasoning. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Dollars (trillions) 25 20 15- 10- 0 -5 11 Expenditure components of nominal GDP 1950 GDP (Y) Consumption (C) Investment (1) Government spending (G) Exports (X) Imports (M) 1960 Figure Data Notes 1970 198 1990 2000 2010 The following will refer to the data table in the chart above, to access the data table for this graph you will need to click on the data button at the bottom of the chart. In Q2 of 2008 which of the following were above 9 trillion dollars (annualized)? Select the two correct answers.
- "0 Consider the diagram to the right, and answer the questions below. a. The base year is b. The diagram shows that the Nominal GDP curve exhibits a steeper growth path, compared to the Real GDP curve after their intersection. This indicates OA. this country has experienced no change in the general price level. OB. this country has experienced inflation since the base year. OC. the GDP deflator has declined since the base year. OD. this country has experienced deflation since the base year. pe here to search O1. Calculate the per capita value for each situation to two decimal places. a)Number of new cars sold in Ontario in 2017: 312 000. Number of Ontario drivers: 1 200 00 b) Gross federal government debt in 2017: $618 790 000 000.Canada's population: 33 100 00 Gini Index for Ontario, 1995–2005 2. The graph shows the Gini Index for Ontario, 50 which is a measure between 0 and 100 of the 45 degree of inequality in the distribution of 40.0 39.6 39 2 40 37.7 38.2 income. A Gini Index of close to 0 indicates 39.1 39.2 39.4 35 that most members of the population receive close to the same income. A Gini Index of close to 100 indicates that a few people in the population receive most of the income. 25 20 a) By what factor has the index changed from 3 15 1995 to 2005? 10 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 Year b) What was the percent change in the Gini Index from 1995 to 2004° 3. A study stated that 85% of Canadian college graduates 22 to 24 years of age are employed…Y=F (K, L) = AK0.3L0.7 Country L (millions) K (trillions) Y (GDP) X 78 0.26 1.1 Y 100 0.84 1.6