The table shows different components of GDP for a given economy. What is the value of interest in this economy?AmountComponent of GDPConsumption$500$220$500$120$160$200InvestmentWages and SalariesRentProfitGovernment PurchasesInterest$80$100ExportsImportsA. There is not enough information to answer this question.B. $340C. $120D. $220Reset Selection

Here we calculate the interest rate by calculating the GDP , and put in Income method and choose…

The table shows different components of GDP for a given economy. What is the value of interest in this economy? Component of GDP Сonsumption Investment Amount $500 $220 $500 Wages and Salaries Rent Profit Government Purchases $120 $160 $200 Interest Exports Imports $80 $100 A There is not enough information to answer this question. OB. 5340 C $120 D. $220 Reset Selection

The table shows different components of GDP for a given economy. What is the value of interest in this economy? Component of GDP Сonsumption Investment Amount $500 $220 $500 Wages and Salaries Rent Profit Government Purchases $120 $160 $200 Interest Exports Imports $80 $100 A There is not enough information to answer this question. OB. 5340 C $120 D. $220 Reset Selection

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Using the data below, calculate GDP by using expenditure approach: Year 2017 RM (million) 700 2500 790 670 1000 3200 2300 9000 450 900 2000 1000 500 9300 3100 5500 4500 Item Factor income paid abroad Import of goods and services Corporate taxes Retained earnings Depreciation Export of goods and services Subsidies Private Investment Personal Income tax Social security contribution Change in stock Transfer payment Indirect business tax Public Investment Consumption Government expenditure Factor income receive from abroad Calculate the Year 2018 RM (million) 450 3000 900 590 1200 4500 3790 8900 600 900 -350 1200 650 7800 8000 5600 3200 Gross domestic product at market price Gross National product at market price Gross National product at factor cost а. b. С. National Income Personal Income d. е. Disposable personal Income Gross domestic product at factor cost f. g.
GDP Problem. Given the following information, compute GDP by either the Expenditures or the Income approach. [You do not have to compute GDP both ways.] Name which of the two approaches you are using, and identify all the accounts (e.g., “All profits” or “Gross Private Investment”) you use in your computation of GDP. All profits $ 800 Government purchases of goods & services 300 Imports 50 Government transfer payments 250 Exports 50 Gross private investment 500 Rent 20 Wages, salaries 5000 Personal saving 1600 Depreciation 60 Net foreign income 0 Personal consumption expenditures 5200 Taxes on production & tariffs 40 Sales of stocks and bonds 1200 Interest 80 IDENTIFY: ______________________ APPROACH USED ACCOUNT…
QUESTIONS Use the table below to answer the question, Price Level 130 120 110 100 Real GDP Polential GDP 59.000 $9.000 $9.000 $0,000 $9,000 240,000 $0 000 Real GDP Demanded $8.000 $9,000 $10.000 $11.000 $12.000 $13.000 $14,000 $14.000 $13.000 $12.000 $11.000 $10.000 $0.000 $8,000 80 70 The table above presents the aggregate demand (Real GDP Demanded), aggregate supply (Real GDP Supplied), and potential GDP schedule of Coruscant. The economy is at O a below-ful-employment equilibrium. Oan above-full-employment equilibrium. Oa full-employment equilibrium. O None of the above. The economy cannot be at equilibrium.
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In an economy exports are $350 million and imports are $350 million Calculate net exports
Gross domestic product is a measure of _______.the nonmarket production of goods and services.the volume of goods and services, which involved in international tradethe goods and services produced strictly by corporations.the money value of all final goods and services produced in a year by the economy.the size of the largest industry in an economy.
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Jamaica's Gross National Product would be increased by: a. Outflows of net property income b. Imports of goods and services c. Profits earned in a Jamaican-owned factory in another country overseas d. Taxes on domestic expenditure
GDP 1. Calculate the values for the blanks in the shaded areas of the table below: Expenditure Components of GDP by Country, 2020 (83Son of current US dollars) Australia Canada Denmark Finland Japan India 1617 137.9 873 65.9 C E FOOD 80.0 65.3 16 0.5 L M N 195.4 97.G 1725 96.7 Household consumption Government expenditure Investments Gross fixed Investments Changes in inventories Net Exports Exports Imports A: ÄÜÄ÷ B: C: D: E: F: G: H: I: J: 746.5 K: L: 297.2 A 316.9 4.3 3152 254.7 943.7 371.8 B 377.7 (147) K 476.0 509.8 M: N: 0: P: 1,591.7 Q: R: 292.1 722.0 97.0 4973 $11.3 કીડી || T: 2.700.7 Y: 1,066.4 1,279.5 106 785.4 786.2 New Zealand UK 122.0 43.7 G 47.3 (p.s) P 46A GDP S U W Y Source: GOP by Type of Expenditure at current prices-US dollars, Retrieved 7/27/2022. National Accounts Estimates of Main Aggregates United Nations feste Division 472 Z: ZZ: 1,683.7 2. Based on the information in the table and your calculations for Question #1: Do any countries have positive net exports?…
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