In the economy of Russia in 2015, consumption was $3000, GDP was $6500, government purchases were $2000, imports were $2000, and investment was $1000. What were Russia’s exports in 2015? Group of answer choices $2500 -$2500 $500 -$500

Q: The equation S = I + NCO describes the savings market for an entire national economy engaged in…

A: Savings in an economy often utilized to either invest in domestic financial products or invest in…

Q: An inexperienced researcher wants to examine the average standard of living in two countries. In…

A: The Gross domestic product(GDP) refers to the market value of all final commodities(goods and…

Q: Calculate the value added by a firm with the following:- Domestic sales of the firm = $4000…

A: Value addition: - Value addition is the increase in the value of a product or any input by…

Q: Which of the following statements about price ceilings is TRUE? (Assume the price ceiling is set…

A: The price ceiling is a type of government intervention in which the government set maximum price…

Q: If consumption expenditures are €500 million, net investment is €100 million, depreciation equals €5…

A: GDP = private consumption + gross investment + government investment + government spending +…

Q: I. GDP Calculations Product Food Clothing Education Health care Price 2019 Quantity 2 P19*Q19 Price…

A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…

Q: Question: Which of the following indicates AD in an open economy? a) Private (household) Consumption…

A: Aggregate demand refers to the total quantity of the goods and service that the consumers demand in…

Q: If you have data on country x for a specific commodity for the year 2020 Domestic production of the…

A: Consumption:It is a relationship between consumption and income. As income increases, consumption…

Q: Consider the following data referring to any economy that has no foreign  relations: GDPmp = 6000…

A: National saving is the sum of the public and private saving. Investment is amount spent on the…

Q: Country A produces GDP according to the following equation: GDP 5√K. The country has a depreciation…

A: Depreciation is the reduction in the amount of capital because of wear and tear. Investment is the…

Q: The diagram plots GDP per worker vs. capital per worker, both across countries in 1990 (the scatter…

A: Given that;

Q: What is the economy impact of Malaysia due to Covid-19. 1.Introduction 2. Malaysia before Covid-19…

A: Covid-19 has an adverse impact on all over global economy many developed as well developing…

Q: When Romania joined the European Union, its imports from other EU members increased by 22% and…

A: Import Form EU  = 22% Import from other counties = fall by 8%

Q: Find exports if net exports is $150 million and imports are $180 million

A: The Given information is as follows:- Net exports = $150 million Imports = $180 million We have to…

Q: Please no written by hand and no emage For a country, if we sum up its consumption, investment and…

A: Gross domestic product (GDP) measures the money value of all final goods and services produced in an…

Q: Classify the following transactions as domestic investment, foreign portfolio investment or FDI. (a)…

A: Gross private domestic speculation is the proportion of actual venture utilized in processing GDP in…

Q: The impact of covid-19 on USA economy. GDP, unemployment, gdp growth, investmen

A: The pandemic has largely disrupted the USA conomy. The reports by the Ministry of statistics show a…

Q: Find value added by chair firm if:- Domestic sales of the chair firm = $30000 Exports by firm =…

A: The data presented in the question above is:- Domestic sales of the chair firm = $30000   Exports by…

Q: According to the Department of Statistics Malaysia (DOSM), as of 2020, the country’s share of…

A: AE or Allocative efficiency refers to the ability of farmers in efficiently allocating the resources…

Q: During 2020, Nation Z produced only 10 goods. Goods A, B C, D and E are intermediate goods. Goods F,…

A: Nominal GDP is the total value of the goods and services produced in the country's economy over a…

Q: If net Exports is $100 and exports are $250  Find imports

A: The data presented in the question above is :- Net exports = $100 Exports = $250  Imports are to be…

Q: Which of the following relatively wealthy countries are neither members of the EU nor accepted…

A: Following relatively wealthy countries are neither members of the EU nor accepted applicants to…

Q: In the circular flow of income and spending: (a) Investment results in a decrease in the volume of…

A: The circular flow model demonstrates how money flows from production sector to household sector and…

Q: To evaluate the indicator of the Human Development Index (HDI) on the example of 3 countries from…

A: HDI refers to the human development index which is a composite measurement statistics of life…

Q: G3: Which of the following components are used in calculating Human Development Index (HDI) by UNDP?…

A: The Human Development Index (HDI) is a composite statistic developed by the United Nations…

Q: 3 importance of globalization in terms of people/population

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Perfect Population Projections Incorporated (PPP) has entered into a contract with the city of…

A: The expected or forecasted population for a certain future year is referred to as the projected…

Q: Find net exports if exports is $120 million and imports is $66 million

A: According to the above given question, the values given are:- Exports = $120 million Imports = $66…

Q: GNP is a good national indicator for sustainability. True False

A: The gross national product (GNP) measures the value of final goods and services produced by the…

Q: These data are for illustrative purpose only not in anyway representing Namibia stats in 2019…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Which of the following equation represents GDP measured by the components of demand Group of answer…

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: If US exports = 100$ and US imports = 200$, then Net Exports = Group of answer choices 100 -100 300…

A: Net exports are a computation of a country's total trade. The formula for net exports is a simple…

Q: According to the figure showing 2020 GDP for selected countries, how much larger (in percentage…

A: GDP is the sum total of market value of final goods and services produced in a country during a…

Q: A person who mows his or her own yard takes part in reducing GDP. the underground economy.…

A: GDP is the final value of services and goods that an economy can produce with given resources at…

Q: Imported capital equipment part of investment in Indian are economy Imported capital equipment part…

A: GDP or gross domestic product is the monetary value of all the final goods or services produced in a…

Q: True or false questions. Need both. GDP measures the gap between a country's exports and its…

A: "Gross domestic product (GDP) measures the monetary value of the final products or services produced…

Q: The following table gives categories for income and expenditures for a representative country: Net…

A: The following table gives categories for income and expenditures for a representative country. Gross…

Q: If a U.S. firm produces cars in Canada, that production should count towards A) U.S. GNP. B) U.S.…

A: The value of the products a nation produces over the course of a fiscal year is referred to as…

Q: When a country has a comparative advantage in the production of a good, it means that it can produce…

A: The production possibility curve shows the combination of two goods a country can produce by using…

Q: Outline the strategy that is being used by the United Nations to solve one of problems associated…

A: Human resources are the most basic capital for contemporary social orders' prosperity and progress.…

Q: An increase in GDP can result from an increase in Group of answer choices the labor supply.…

A: GDP is the value of all final goods and services produced within the domestic territory of a country…

Q: GDP per capita — According to the World Bank, for 2018 Mexico had a Gross Domestic Product or GDP of…

A: GDP per person will be computed as nations gross domestic product divided by its population; and…

Q: a) If the equilibrium GDP for a private closed economy is RM550 million (see table above), what is…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Country A imports $40 of shirts and exports $40 of under wears. Its balance of trade is +10; E:…

A: The balance of trade is the difference between the monetary value of a nation's exports and…

Q: Question 17 Given the following macroeconomics data: Which is the value of the Gross Domestic…

A: The expenditures in the economy are done by various entities in the economy. The entities such as…