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- The Czech Republic has 3 GDP of 1,800 billion koruny. The exchange rate is 25 koruny/U.S. dollar. The Czech population is 20 million. What is the GDP per capita of the Czech Republic expressed in U.S. dollars?What is export,import rate and net export reflecting in terms of GDP of a country? What it indicates when the value is high or low?If net exports is 0 and imports are $70 million What is the value of exports
- what are the 4 excluded from gdpThe Czech Republic has a GDP of 1,800 billionkoruny. The exchange rate is 25 koruny/U.S. dollar. TheCzech population is 20 million. What is the GDP percapita of the Czech Republic expressed in U.S. dollars?If the United States. Purchases a car from China the. Does that raise the net imports or net exports? And if so, from which country is affected and how
- CO Quintile of 1st Population 2nd 3rd 4th 5th Quintile's % of Income, Ethiopia, 2010 Quintile's % of Income, Panama, 2010 Quintile's % of Income, United States, 2010 8 13 16 21 42 8. 13 20 56 10 14 20 51 United States data from the Congressional Budget Office at CBO.gov. Before-tax Income, rounded to whole %s. Data for other countries from WorldBank.org. rounded to whole %s. Report your answers to two decimal places. According to these data, the Gini coefficient for Ethiopia in 2010 is The Gini coefficient for Panama in 2010 isIf exports and imports is US are $450 million and $380 million respectively Calculate the value of net exportsWhat is the ratio of Indian GDP to U.S. GDP if we don’t take intoaccount the diferences in relative prices and simply use the exchange rateto make the conversion?
- 7.Q Below is a list of domestic output and national income figures for a given year. All figures a billions. The questions that follow ask you to determine the major national income meast both the expenditure and income methods. Provide how you calculated! Personal consumption expenditures Net foreign factor income Statistical discrepancy Consumption of fixed capital (depreciation) Imports Еxports Personal taxes $243 4 27 43 33 26 Government purchases Net private domestic investment Personal saving a. Gross private domestic investment (Ig) is = $ 72 33 20 b. Net Exports (Xn) is: $ c. GDP by the expenditure approach =C+ Ig + G+ Xn= $ d. NDP: $_ e. NI by making the required additions and subtractions from GDP is: $If exports and imports is US are $450 mil- lion and $380 million respectively Calculate the value of net exportsQuestion Use the data below to calculate the following:I. Net National Income at basic price II. Personal IncomeIII. Disposable Income Compensation of employees 2000Interest 500Rent 700Profits 800Employer’s contribution to social security 20Consumption of fixed capital 100Net indirect tax 250Net exports 70Net factor income to abroad 150Mixed income of self employed 1500Net current transfers from the rest of the world 250Current transfers from the government 100Consumption of fixed capital 200Subsidies 25
