GDP 1. Calculate the values for the blanks in the shaded areas of the table below: Expenditure Components of GDP by Country, 2020 (83lion of current US dollars) Canada Denmark Finland India Japan Household consumption Government expenditure Investments Gross fixed Investments Changes in inventories Net Exports Exports Imports A: ÄÛĪª B: Australia E: اتاتاتاتا H: I: J: K: 746.5 297.2 A 316.9 4.3 L: 254.7 9417 371.8 B 377.7 (147) K 4760 1637 873 с L 80.0 1.6 1954 1725 M: N: 0: P: 1379 Q: R: D M 66.3 0.5 976 96.7 1,591.7 292.1 E 722.0 97.0 N 4973 $11.3 2.700.7 1,066.4 F 1,279.5 10.6 S: T: V: W: X: Y: O GOP V 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 Title Divdision 785.4 786.2 New Zealand UK 122.0 43.7 47.3 p.s) AGA 472 1.683.7 615.9 Z: ZZ: H 474.1 (11.3) 8705 765.0 US 14,047.6 3,078.0 1 4,478.9 (59.9 R 2,123.4 2,774.6 ZZ

Identify as GDP or not GDP

The US and Peru are the only countries in the world and they both produce cars and haircuts. The table below gives you the data on the quantity produced, the unit price of each item and the value of output for each sector. Cars Haircuts GDP The US (currency = US$) Quantity (units) 1000 2000 Price (USS) 100 5 Value of Output (USS) 100,000 10.000 Peru (currency = Sol) Quantity (units) 200 4000 What is the GDP of Peru in USS at the most likely market exchange rate? the GDP of Peru in US$ is: 240,000/2-US$120,000 the GDP of Peru in US$ is: 160,000/8=US$20,000 the GDP of Peru in US$ is: 160,000/2-US$80,000 the GDP of Peru in US$ is: 240,000/8-US$30,000 Price (soles) 800 20 Value of Output (soles) 160,000 80,000

Find the value added by a firm given that:- Domestic sales by firm  = $5500 Exports by firm  = $2000 Purchase by firm  = $3000

The national income accounts for a hypothetical country, Hypothetica, appear in the table below. c. What is the value of the statistical discrepancy?  d. Is Hypothetica’s capital stock expanding or contracting? By how much? e. What is Hypothetica’s GNI?

Who helps calculate GDP in the United States? O the Census Bureau the Bureau of Economic Analysis the Bureau of Labor Statistics all of the above none of the above

cmillan Learning Consider the table of GDP and population for several imaginary countries. $ Country Wrigleyville Longhornland Dinkytown $ Using this information, please answer the questions. If there is not enough information to answer a question, please enter -11. A. What is the GDP per capita of Longhornland in U.S. dollars? Express your answer rounded to one decimal place. 20.6 Incorrect GDP in millions of U.S. dollars Population in millions GDP per capita in U.S. dollars 145.0 125 221.00 128.7 559.0 2913 B. What is the GDP of Dinkytown in millions of U.S. dollars? Express your answer rounded to one decimal place. Incorrect 1.900

C and D

Given the above graph, what are the imports and exports for this country? a- It imports 25 computers and exports 275 shoes b- It exports 25 computers and imports 275 shoes c- It imports 125 computes and exports 350 shoes d- It exports 125 computes and imports 350 shoes

GDP Table Transfer payments Government purchases 32 160 Personal taxes 76 Corporate Income taxes Taxes on production and imports 56 30 Social secunity contributions 16 Undistributed corporate profits Proprietors income 38 50 Compensation of employees Personal consumption expenditures Consumption of fived capital 516 644 Rents 66 Exports 28 Corporate profits 140 nterest 64 Dividends 46 Imports Gross private domestic investment Net foreign factor income eamed Statistical discrepancy 34 126 20 70 Refer to the above data. PI is: Oa. $702. Ob. Sy28. Oe S758. od. Sy26.