Given the following: Ca = $100, Ig = $50, Xn = − $10, and G = $30, what is the economy’s GDP?

In 1999 in the economy of Microtania, Consumption was $7, Investment was $5, Government spending was $8, Exports were $1, and Imports were $4. What was Microtania’s GDP?

Part of a bridge built by the government of Ritzland collapsed in the same year it was constructed. If the total cost of building the bridge was $4 million, and then it costs $3 million to repair it, which of the following will happen in this scenario, everything else remaining unchanged? Ritzland's GDP will decrease by $4 million. Ritzland's GDP will increase by $3 million. Ritzland's GDP will increase by $7 million. Ritzland's GDP will increase by $1 million

Suppose an economy consists of only three goods, as shown in this Table:    What is the nominal value of GDP in 2020 and 2021?

• Holly has recently graduated from college and has bought a house that was built 50 years ago for $100,000. She used a real estate agent to help her find and purchase the house, and the real estate agent received 5 percent of the value of the sale, or $5,000, to be paid by the seller of the house. The value of GDP in this case would increase by $95,000. increase by $105,000 increase by $5,000. increase by $100,000.

Consumers in a small economy spend $47,000 on goods and services annually. Also annually, investment is $8,000, government spending is $5,000, exports are $400, and imports are $100. What is the value of GDP in this economy? Provide your answer below:

Given the following: Ca = $100, Ig = $50, Xn = − $10, and G = $30, what is the economy’s equilibrium GDP?

A Canadian company imported 100 TV sets from Korea for $250 each in 2018. The company sold 80 of them in 2018 for $450 each, and the rest in 2019 for $400 each. How much did these transactions contribute to Canada’s GDP in 2018?

Can you do d,e, and f

The following expenditure equation is utilised to measure the economy:  GDP = C + I + G + (X-M) Analyse each of the situations below and state which expenditures (or parts of the expenditures) would be counted under which of the four segments of the GDP expenditure equation, ie C, I, G or (X-M). a.       The purchase of Australian made furniture by a business for use in its cafe. b.       The purchase of foreign made furniture by a business for use in its café. c.       The purchase of wood by a business to manufacture furniture which will then be sold to Australian and foreign customers. d.       The purchase of 100 shares in ANZ Bank through a stockbroker. e.       Purchase of a 10-year-old foreign-made second-hand car from a Car Sales business in Parramatta, NSW. f.        A pension paid by the Australian Government to an old age pensioner. g.       You babysit for your nieces and nephews so your sister and her husband can go out for dinner.