hat is GNP? GNP is the market value of all the final goods and services _____. A. produced within a country minus depreciation B. produced within a country C. produced anywhere in the world by the factors of production supplied by the residents of that country D. produced anywhere in the world by the factors of production supplied by the residents of that country minus exports

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A: Net exports are the difference between export and import.  i.e., Net export = Export - Import.

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A: According to the given question Export receipts in simple words we can state that it is basically or…

Q: Find the output gap.

A: Y = C + I + G + NX Output gap = Y (actual output)- Y* (potential output)

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A: (a) C = 300 + 0.8(Y-2500) Put Y = 18000 => C = 300 + 0.8(18000 - 2500) => C = 300 + 12400…

Q: An open economy is defined by C=100+0.8(Y-T) I=400 X=0.3Y* IM=0.3Y T=1000, G=1000, Y*=1000 Net…

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A: References:1.Aydin, R., Kwong, C. K., Geda, M. W., & Okudan Kremer, G. E. (2018). Determining…

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Q: An open economy is defined by C=100+0.8(Y-T) I=400 X=0.3Y* IM=0.3Y T=1000, G=1000, Y*=1000 Net…

A: C = 100 + 0.8(Y-T) I = 400 X = 0.3Y* IM = 0.3Y T = 1000 G = 1000 Y* = 1000

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A: 7.2.4. The Gross Domestic Product (GDP) is the summation of the final value of all the final goods…

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A: Exports refers to the goods which are produced domestically but sold to some other country . Imports…

Q: please give me proper calculation and full explanation Dont use chatGPT otherwise give Downvote

A: Depreciation is subtracted from the Gross National Product (GNP) to arrive at the Net National…

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Q: Production boundary excludes:

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Q: Given the following data for Jamrock country work out the following:  US$mn. Private Consumption…

A:

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A: DISCLAIMER  “Since you have asked many questions, we will solve the first 3 subparts for you as per…

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