Suppose, at the beginning of the year, there are ten cranes in the economy. During the course of the year, two cranes wear out and are replaced. At the same time, net investment is equal to two cranes. Gross investment is equal to 4 cranes.

Q: Explain the expenditure measure of GDP

A: The expenditure measure of GDP is one of the three ways to calculate GDP, the others being the…

Q: How would you calculate GDP using the aggregate spending approach? a. By adding up wages, interest,…

A: Gross domestic product (GDP) is a measure of the total value of all final goods and services…

Q: components of GDP using the expenditure approach.

A: The expenditure approach to calculating gross domestics products for the nation, or GDP, uses these…

Q: Write a short note on the circular flow of income for three sector economy. From the circular flow…

A: The economies around the world tend to work on the basis of the expenditures which are done by…

Q: Q no: 17 Explain the approach (expenditure or income) that you used to calculate GDP? Use the…

A: Gross domestic product is the market value of all goods and services produced in the economy in a…

Q: 1. Briefly explain the following terms Nominal GDP, Real GDP, Base Year,

A: Hi, Thanks for the question. As per the guidelines, we are allowed to attempt the first three…

Q: The expenditure approach to calculating GDP is best expressed by which of the following?     A.)…

A: GDP measures the value of goods and services that are produced within the country during a specific…

Q: 1. Using the information in the table below, sort each value into the expenditure categories - C, I,…

A: We have to derive total GDP by using given information .

Q: b. Calculate GDP of Economica according to the expenditure approach c. Calculate GDP of Economica…

A: A measure of a country's economic performance is its GDP. It displays the total cost of all finished…

Q: How has government expenditure in France throughout the period for which data is available in the…

A: The gross domestic expenditure of France is showing a downtrend.  The gross domestic expenditure was…

Q: Why does the investment components of GDP includes purchase of new capital goods but no purchase of…

A: GDP measures the final value of all goods and services that are produced within the domestic…

Q: 4- The below table include data regarding two goods that are produced in 2019 anč 2020 in Germany.…

A: 4.Nominal GDP in year 2019 is =10*50+12*30=860 Therefore answer is option (B).

Q: Explain why does production measure of GDP give the same results as the income method of

A: The GDP refers to the production of goods and services during an accounting year. There three…

Q: Investment Capital consumption allowance (depreciation) Exports Imports Government purchases…

A: National Income : the total income from current output of a nation, which includes interest, rental…

Q: dollars Government expenditure on goods and services 250 Compensation of 1,675 employees

A: Definition: Gross Domestic Product (GDP) is the monetary value or total market value of all goods…

Q: Sam, an American citizen prepares meals for his family at home. Ellen, a Canadian citizen, commutes…

A: GDP is the value of all the goods and services produced in an economy over a period of time within…

Q: Why are imports subtracted when GDP is calculated in the expenditure approach

A: The gross domestic product (GDP) is the sum of the market values of all finished goods and services…

Q: Explain any two items which are included in the expenditure method of national income?

A: According to the given question According to the expenditure method the national income is basically…

Q: )Suppose you are given the following information about the New Zealand economy, with the values in…

A: Gross domestic product refers to the market value of all final goods and services produced in an…

Q: What is the formula for measurement on the demand side of GDP? Include a brief definition of each of…

A: GDP = C + I  + G + NX The formula for GDP on the demand side is the sum of consumption spending,…

Q: List, and describe, 3 shortcomings of using GDP as a measure of the health of the economy. Look at…

A: GDP is widely used in many nations to measure the health of economy but there is a lot of…

Q: 2.5 2.0 1.5 1.0 0.5 0.0 -0.5 -1.0 -1.5 1980 1985 1990 1995 2000 2005 2010 2015

A: GDP: It refers to the goods and services which have been produced in an economy. Total national…

Q: i need the fomula fo calculating GDP using: the income approach the expenditure approach

A: GDP calculates the worth of all final goods and services produced in an economy, in a particular…

Q: ars in the 4th quarter of 2005. The rest of the cars were sold in a later time period. The…

A: Given: Number of cars produced=2000 cars Number of cars sold=1800 cars Price of car=$10,000 each

Q: Discuss the expenditure method of measuring national income

A: Gross domestic product is the sum of all the dollars produced in an economy over a given time period…

Q: The table below showsa country's potential Gross Domestic Product (GDP) and true GDP Yeare 1970e…

A: (i) In order to plot the following points on the graphical region, we will need two axes with one…

Q: According to the product approach to Gross Domestic Product (GDP), GDP is the sum total of Four…

A: When talking about product approach to easily gross domestic product, it explains the production and…

Q: Economics please help...

A: GDP (Gross Domestic Product):GDP (Gross Domestic Product) is a measure of the total value of goods…

Q: Which of the following methods of calculating GDP would NOT be accurate when the information on the…

A: Gross domestic product (GDP) measures the market value of final goods and services produced by an…

Q: why the expenditure apporach is used to calculate gdp

A: The gross domestic product is the aggregate value of all final goods and services produced in the…

Q: Explain the income approach for calculating GDP and briefly mention all the components of it.

A: There are mainly three methods used to find the GDP of a country. Income method is one among them.

Q: Based on the following table Private consumption expenditure (C) Gross private investment…

A: Net national product measures the total market value of all final goods and services that are…

Q: Use the following composition of expenditure for the economy of a country named the Republic of…

A: Expenditure on GDP is always equal to GDP at market prices. It indicates the total value of spending…

Q: broad categories of GDP

A: GDP or gross domestic product is the total value of goods and services produced in a country’s…

Q: Use the following data. Using the expenditures approach, which of the following is the correct…

A: Gross domestic product (GDP), or value added refers to the value of items and services produced by…

Q: Explain why does the output measure of GDP give the same results as the income method of GDP

A: The input approach focuses on the total output of a nation to the total factor income received by…

Q: Imports Exports Consumer 80 billion 40 billion 185 billion semi-durables Profits 320 billion.…

A: Gross domestic product (GDP) is the standard degree of the value introduced created through the…

Q: 18. Calculate the gross domestic product for the economy with the following data: Indicators Amount…

A: Note:- Hi! Thank you for the question, As per the honor code, we are allowed to answer one question…

Factor Models

Many attributes might be related to an asset's risk, including market capitalization (size), dividend yield, growth, price-earnings ratio, etc. The use of these traditional descriptors, however, presents a few problems: