Wage rate $16 15 14 S 0 80 100 110 Reference: Ref8(23)-10 Figure: The Labor Market 200 Quantity of labor (in thousands) (Figure: The Labor Market) Use Figure: The Labor Market. The equilibrium wage rate is: A. $14. B. $16. C. $15. D. $17. Aggregate Expenditure ($) 3 Real GDP (Y) Which of the lines represents the C + I stacked functions? line 1 line 2 line 3 line 4 line 3 line 2 line 1

Based on the data provided, calculate GDP according to the Expenditure Model.  Savings                                                                       $642 Incoming FX Receipts                                      $896 Private investment                                                      $414 Imports                                                                                 $624 GST Collected                                                                     $168 Personal consumption                                       $765 Rent Income                                                                         $698 Property Taxes Collected                                  $267 Exports                                                                                          $578 Government spending                                       $1203

Analyzing a Table: Analyzing a Table: item billions of dollar  consumption ependiture 6258 investment 1623 government expenditure on goods and services 1630 exports of goods and services 998 imports of goods and services 1252 The table above gives the values of different expenditures in the United States during 1999. Answer the following questions about the United States. What was the value of net exports of goods and services in 1999?     What was GDP equal to in 1999?

Refer to Table 6.3 below, use the expenditure approach to calculate gross domestic product from the following set of numbers. Consumption $5,000 Investment $1,000 Depreciation $600 Exports $500 Government purchases $1,000 Saving $1,100 Imports $700

Expenditure Approach Table 3 Items RM Million Subsidies 4,500 Factor Payments Received from abroad 10,000 Manufacturing 7,000 Public Investment 50,000 Exports 77,000 Consumption Expenditure 15,500 Private Investment 14,000 Imports  75,000 Depreciation 5,000 Increase in Inventory 400 Tax on Expenditure 1,500 Factor Payments Paid Abroad 12,000   Calculate using the above data: GDP mp GDP fc GNP fc NI What is the difference between personal income and national income?

Suppose the economy of Ausland's spending for the year can be described by the table below: Household Consumption $450 Government Spending on Transfer Payments $80 Imports $50 Government Spending on Public Goods and Services $200 Business Purchases of New Capital Goods $120 Net Exports $150 Government Tax Revenue $95 Sale of Existing Houses $115 What is the value of Gross Domestic Product (GDP) for Ausland? Select one: a. $1115 b. $870 c. $920 d. $1000

QUESTION 1 Below is a hypothetical table such as would be generated by the Bureau of Labor Statistics when reporting historical and forecasted levels of gross domestic product for the United States. Use the answer table to fill in the blanks for the missing estimates. Make sure you show your work.         1998 Gross Domestic Product Answer (Remember to show work): 2028 Personal Consumption Expenditures Answer (Remember to show work): 2008 Gross Private Domestic Investment Answer (Remember to show work): 2018 Exports Answer (Remember to show work):

Can you please show the detailed steps involved that took you to the final answers so that I can understand?  4. Plot the following Gross Domestic Product (GDP) data and specify the type of relationship (positive / Direct or Negative/Inverse relationship) between the two variables (Hint on Appendix A question: use a bar graph; year Vs GDP). _________________________________________________________________   Year  U.S. Gross Domestic Product (billions of dollars) 2000   10,000 2005 13,500 2010 15,000 2015 18,000 2020 21,500

Q:-1   Himani and Ravi live in a deserted nation called Desertland. Himani spends all her time growing bananas and coconuts. This year, she harvested 1000 bananas and 500 coconuts. She values one coconut as worth two bananas. Himani gave Ravi 200 bananas and 100 coconuts in exchange for help in harvesting the fruits. Himani stored 100 bananas in her house for future consumption, while Ravi consumed all his bananas and coconuts. In terms of coconuts, calculate the GDP of Desertland using the following: 1a. Expenditure method 1b.Income method

Total consumer expenditure 400,000 Government spending 148,000 Gross domestic capital formation 160,000 Value of physical income in stock 8,000 Export of goods. 72,000 Import of goods 68,520 Subsidies 5,560 Taxes on expenditure 6,960 Capital consumption 22,000 Income from abroad 51,600 Income paid abroad 29,600   From the following data country X, you are required to calculate: 1. GDP at factor cost 2. GNP at factor cost 3. NNP