how much were imports in 2018? How much were the imports in 2018?Refer to the corresponding letters A to J.AValue added of agriculture, fishery and forestry sector, in thousands of1,762,616pesosВValue added of industry sector, in thousands of pesos5,582,525Value added of service sector, in thousands of pesos10,920,048.47Household Final Consumption Expenditure, in thousands of pesos13,250,084EGross Domestic Capital Formation, in thousands of pesos4,909,105FExports, in thousands of pesos5,518,573GNet Primary Income from the Rest of the World, in thousands of pesos1,940,973CPI (base year: 2012)117.3Government Final Consumption Expenditure, in thousands of pesos2,199,637JStatistical Discrepancy, in thousands of pesos50,000.26(A+B+C) - (D+E+F+l+J)(A+B+C)- (D+E+F+G+l+J)O (D+E+F+l+J) - (A+B+C)(D+E+F+G+l+J) - (A+B+C)O None of these

Imports: It refers to the goods and services that are bought from the other countries. The countries…

A Value added of agriculture, fishery and forestry sector, in thousands of 1,762,616 pesos В Value added of industry sector, in thousands of pesos 5,582,525 Value added of service sector, in thousands of pesos 10,920,048.47 Household Final Consumption Expenditure, in thousands of pesos Gross Domestic Capital Formation, in thousands of pesos 13,250,084 E 4,909,105 F Exports, in thousands of pesos 5,518,573 G Net Primary Income from the Rest of the World, in thousands of pesos CPI (base year: 2012) 1,940,973 H 117.3 Government Final Consumption Expenditure, in thousands of pesos 2,199,637 J Statistical Discrepancy, in thousands of pesos 50,000.26 (A+B+C) - (D+E+F+l+J) O (A+B+C)- (D+E+F+G+l+J) O (D+E+F+l+J) - (A+B+C) O (D+E+F+G+l+J) - (A+B+C) O None of these

A Value added of agriculture, fishery and forestry sector, in thousands of 1,762,616 pesos В Value added of industry sector, in thousands of pesos 5,582,525 Value added of service sector, in thousands of pesos 10,920,048.47 Household Final Consumption Expenditure, in thousands of pesos Gross Domestic Capital Formation, in thousands of pesos 13,250,084 E 4,909,105 F Exports, in thousands of pesos 5,518,573 G Net Primary Income from the Rest of the World, in thousands of pesos CPI (base year: 2012) 1,940,973 H 117.3 Government Final Consumption Expenditure, in thousands of pesos 2,199,637 J Statistical Discrepancy, in thousands of pesos 50,000.26 (A+B+C) - (D+E+F+l+J) O (A+B+C)- (D+E+F+G+l+J) O (D+E+F+l+J) - (A+B+C) O (D+E+F+G+l+J) - (A+B+C) O None of these

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 25CTQ: Cross country comparisons of GDP per capita typically use purchasing power parity equivalent...

See similar textbooks

Similar questions

What is the relative importance of Net Export (NX) (Net Export = spending on exports (X) - imports (M)) in aggreagte demand and some factors that affect it?
What is the predicted relationship between the value of a country’s imports and its national income? What is the predicted relationship between its trade balance and its national income? Plz do fast .
You are given the following information about an economy GDP at Market Prices 1,669.4Imports 290.5Gross Domestic Capital Formation 48.7Income accruing to the Public Sector 39.0Retained Business Earnings 75.9Exports 273.4Subsidies 16.8Factor Payments from Abroad 10.0Capital Consumption Allowance 10.5Income Payments to Foreigners 19.2Direct Taxes 355.6Public Sector Consumption Expenditure 490.1Indirect Taxes 297.3Transfer Payments 25.7 Derive the following: b) Disposible Income
You are given the following information about an economy GDP at Market Prices 1,669.4Imports 290.5Gross Domestic Capital Formation 48.7Income accruing to the Public Sector 39.0Retained Business Earnings 75.9Exports 273.4Subsidies 16.8Factor Payments from Abroad 10.0Capital Consumption Allowance 10.5Income Payments to Foreigners 19.2Direct Taxes 355.6Public Sector Consumption Expenditure 490.1Indirect Taxes 297.3Transfer Payments 25.7 Derive the following: a) Household Consumption Expenditure
What government agency compiles the U.S. NIPA tables? In what U.S. department is it located? Of the several specifific sources of information, name one source for each of the four components of GDP: consumption, investment, government purchases, and net exports.
You are given the following information about an economy GDP at Market Prices 1,,669.4Imports 290.5Gross Domestic Capital Formation 48.7Income accruing to the Public Sector 39.0Retained Business Earnings 75.9Exports 273.4Subsidies 16.8Factor Payments from Abroad 10.0Capital Consumption Allowance 10.5Income Payments to Foreigners 19.2Direct Taxes 355.6Public Sector Consumption Expenditure 490.1Indirect Taxes 297.3Transfer Payments 25.7 Derive the following: (i) Disposable Income (2) Household Consumption Expenditure
You are given the following information about an economy GDP at Market Prices 1,,669.4Imports 290.5Gross Domestic Capital Formation 48.7Income accruing to the Public Sector 39.0Retained Business Earnings 75.9Exports 273.4Subsidies 16.8Factor Payments from Abroad 10.0Capital Consumption Allowance 10.5Income Payments to Foreigners 19.2Direct Taxes 355.6Public Sector Consumption Expenditure 490.1Indirect Taxes 297.3Transfer Payments 25.7 Derive the following:(i) National Income (ii) Net Investment (iii) Personal Income (iv) Disposable Income (v) Household Consumption Expenditure
2. An American purchases a case of Jaffa Cakes which are produced in the UnitedKingdom. How do the U.S. national accounts treat the transaction?a. Net exports and GDP both decreaseb. Net exports fall and GDP does not changec. CPI and GDP both decreased. CPI increases and net exports do not change
For this problem, assume exports equal zero and that firms did not purchase any plant or equipment in the years specified. Suppose in the year 2015, firms in this this country produced 4,000 million widgets, all of which they planned on selling. (In other words, firms were not planning on any changes to their inventories.) Of those 4,000 million widgets, households purchased 3,000 million, and government purchased 750 million. In 2015, what were firm’s planned investments equal to? In 2015, what were firm’s actual investments equal to? (explain). In 2015, what was the relationship between planned expenditures and actual expenditures? (Explain and use numbers) In 2015, what was the relationship between actual expenditures and the amount of output (widgets) produced? All else equal, what will firms likely do in the following year?
For a certain economy, let the following data is measured in million birr Net foreign expenditure (3,000) Wage and salary of labors (8,000) Government Transfers to Individuals (3000) Rent of land and physical capitals (6.000) Government expenditure (10,000) Domestic consumption expenditure (12,000) Dividends (2,000) Interest of saving and financial capital (4,000) Profit of proprietor (sole proprietorship and partnership firms) (3.000) Undistributed corporate profit (corporate income tax + dividend +retained earning) (5,000) Indirect business tax (VAT, sales tax, excise tax) (7.000) Net Interest (public and personal) (7.000) Depreciation of fixed capital (2,000) Population number in million (9,000) Statistical discrepancy (error in measuring) (+1,000) Business Investment expenditure (11.000) Net factor income (4,000) Social Insurance Contributions (5,000) Personal Interest on Income (5,000) Personal income tax and non-tax payments (6,000) D) Calculate NDP E) Calculate NNP F) Calculate…
For a certain economy, let the following data is measured in million birr Net foreign expenditure (3,000) Wage and salary of labors (8,000) Government Transfers to Individuals (3000) Rent of land and physical capitals (6.000) Government expenditure (10,000) Domestic consumption expenditure (12,000) Dividends (2,000) Interest of saving and financial capital (4,000) Profit of proprietor (sole proprietorship and partnership firms) (3.000) Undistributed corporate profit (corporate income tax + dividend +retained earning) (5,000) Indirect business tax (VAT, sales tax, excise tax) (7.000) Net Interest (public and personal) (7.000) Depreciation of fixed capital (2,000) Population number in million (9,000) Statistical discrepancy (error in measuring) (+1,000) Business Investment expenditure (11.000) Net factor income (4,000) Social Insurance Contributions (5,000) Personal Interest on Income (5,000) Personal income tax and non-tax payments (6,000) A) Calculate GDP using income…
For a certain economy, let the following data is measured in million birr Net foreign expenditure (3,000) Wage and salary of labors (8,000) Government Transfers to Individuals (3000) Rent of land and physical capitals (6.000) Government expenditure (10,000) Domestic consumption expenditure (12,000) Dividends (2,000) Interest of saving and financial capital (4,000) Profit of proprietor (sole proprietorship and partnership firms) (3.000) Undistributed corporate profit (corporate income tax + dividend +retained earning) (5,000) Indirect business tax (VAT, sales tax, excise tax) (7.000) Net Interest (public and personal) (7.000) Depreciation of fixed capital (2,000) Population number in million (9,000) Statistical discrepancy (error in measuring) (+1,000) Business Investment expenditure (11.000) Net factor income (4,000) Social Insurance Contributions (5,000) Personal Interest on Income (5,000) Personal income tax and non-tax payments (6,000) J) GDP per capita G) Calculate PI H) Calculate…