Suppose GDP = JD 12,000, %3D C= JD 9,600, G= JD 400 and Vx3 JD 320. If Jordan citizens earn Jd 1,600 abroad and

Country A produces GDP according to the following equation: GDP = 5√K. The country has a savings rate of 16.3% and 8.1% of capital depreciates every year. What is this country's steady state amount of GDP? Round your final answer to two decimal places.

Consider the following data for a particular economy:GDPmp = 950Private consumption = 750Gross investment = 100Net investment = 80Exports = 250Imports = 300Net Indirect taxes = 50Net external income = 100Balance of transfers with the Rest of the World = 50Private savings = 300Calculate:a) NNPbp (Net National Product). b) Current balance. Interpret the result obtained.

Just the asnwer is fine! Thanks

If Gladys sells her 1998 Jeep Cherokee for $3,500 in 2016, the sale of her car contributes $3,500 to 2016 GDP. 1) True 2) False

The following table shows real GDP per capita for the United States, South Korea, and Chad between 1970 and 2000. All figures are in 1998 U.S. dollars.   (image inserted)   The (decade-long) economic growth rate for the United States is shown in the second column. For example, from 1970 to 1980, the United States GDP grew from $18,395 to $22,666, an increase of ($22,666−$18,395)/($18,395)=23%.   Use this method to fill in the growth rates for South Korea and Chad in the previous table. Enter the growth rates to the nearest whole percentage point.   Compare the data for the United States and South Korea between 1970 and 1980. During this period, (South Korea OR The United States) had a higher level of real GDP per capita, while (South Korea OR The United States)  experienced a higher growth rate in real GDP per capita.   Convergence theory predicts that poor countries will grow more quickly than rich countries. Which one of the following is a reason for this? Rich…