The economy of a small country consists of two sectors: Energy and Transportation. For each $1 worth of output, the Energy sector requires $0.60 worth of input from the Energy sector and $0.20 worth of input from the Transportation sector. For each $1 worth of output, the Transportation sector requires $0.80 worth of input from the Energy sector and $0.10 worth of input from the Transportation sector. What level of output should each sector produce in order to meet a consumer demand of $1 million worth of Energy and $2 million worth of Transportation?

Country D and Country E both recorded an increase in real GDP of 4 percent per year from 1997 to 2012. During this time, the population for Country D grew at 3 percent per year and the population for Country E grew at 2 percent. Which of the following is true during this period? Multiple Choice Per capita GDP decreased for Country E only. Per capita GDP increased for both Country D and Country E. Per capita GDP decreased for both Country D and Country E. Per capita GDP increased for Country D only.

2020 Q2 GDP (in 2020 Q3 Nigerian currency) 790,000 million 2020 Q2 GDP (in 2018 Nigerian currency) 835,000 million     2020 Q3 Consumption (in 2020 Q3 Nigerian currency) 369,000 million 2020 Q3 Central (Federal) Government Spending (in 2020 Q3 Nigerian currency) 111,000 million 2020 Q3 Local Government Spending (in 2020 Q3 Nigerian currency) 114,000 million 2020 Q3 Investment (in 2020 Q3 Nigerian currency) 223,000 million 2020 Q3 Exports (in 2020 Q3 Nigerian currency) 255,000 million 2020 Q3 Imports (in 2020 Q3 Nigerian currency) 277,000 million     2020 Q3 Consumption (in 2018 Nigerian currency) 357,000 million 2020 Q3 Central (Federal) Government Spending (in 2018 Nigerian currency) 106,000 million 2020 Q3 Local Government Spending (in 2018 Nigerian currency) 108,000 million 2020 Q3 Investment (in 2018 Nigerian currency) 211,000 million 2020 Q3 Exports (in 2018 Nigerian currency) 328,000 million 2020 Q3 Imports (in 2018 Nigerian currency) 260,000 million     2020 Q2 Population 5.37…

The data below are from the economies of Ishgandar and Nonburmia. Ishgandar         Nonburmia       Year Population GDP Deflator Nominal GDP Year Population GDP Deflator Nominal GDP 1 5 100 $200 1 10 100 $300 2 5 125 $375 2 10 110 $440 (e) Assume that in Year 1 Nonburmia is operating inside its production possibilities curve and that Nonburmia’s production possibilities curve remains unchanged from Year 1 to Year 2. As a result of the change in real GDP from Year 1 to Year 2, does Nonburmia’s economy move closer to or farther away from its production possibilities curve? Explain using numbers for real GDP and state what will happen to cyclical unemployment in the short run.

Question 2 Diddy spends $1,500 on a new laptop to use in his business in San Francisco. The laptop was built in Canada. Investment spending and net exports both increase by $1500, GDP increases by $3000 Consumption spending increases by $1500, net exports decreases by $1500 Consumption spending and net exports both increase by $1500, GDP increases by $3000 Investment spending and GDP both increase by $1500 Investment spending increases by $1500, net exports decreases by $1500 Consumption spending and GDP both increase by $1500 O Investment spending and net exports both increase by $1500

The diagram below shows alternate paths for two hypothetical economies, each starting with GDP of $1 billion. Assume that Area 1 is equal to Area 2. Real Consumption FIGURE 25-1 Area 1 Year X Aren 2 Time Year Y Economy B 2% growth Economy A 1% growth h Refer to Figure 25-1. Suppose Economy A jumps to the path of Economy B at Year 0 by increasing the share of GDP that is saved. In that case, which of the following statements about Economy A is true? O a. By jumping to a new growth path at Year 0, Economy A has increased the share of national income that is consumed. O b. By Year Y, the increase in consumption made possible by the economy's higher growth rate approximately equals the consumption sacrificed in earlier years. Oc By Year X, Economy A is saving and investing the same share of its national income as it would have been had it stayed on its original path Od. Economy A will not be able to regain the losses in consumption it incurs by jumping to the path of Economy B Oe. By Year…

"Assume a small island economy with a fixed number of inhabitants, which operates under a closed economy model without trade or external aid. The island's currency is the Shell (Sh), and its economy is based on two primary goods: coconuts and fish. The production technology for both goods has not changed over years, and there is no expectation of technological progress in the near future. The residents consume both goods, but due to recent overfishing and a blight affecting coconut palms, there is a concern about future scarcity of both resources. An economist studying the island proposes a policy of conservation, suggesting limits on fishing and coconut harvesting. Assess the likely short-term and long-term economic impacts of this policy on the island's price levels, consumer behavior, and general well-being of the inhabitants, considering the current lack of growth factors and external influences. a) In the short term, what would be the likely impact of conservation policies on…

Detailed explnation and typed correct answer. Figure 9-11 Refer to Figure 9-11. Which of the following would be most likely to move a less developed country from point E to point C?