base on the data given construct the graph for GDP at current prices, manufacturing and wholesales and retail trade , accommodation, and restaurant
Q: How might the following events affect the real gross domestic product (GDP) and what would happen to…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Describe how the recent change in income may have affected personal savings, business investments,…
A: In the recent period, the world economy is adversely affected by coronavirus created COVID pandemic.…
Q: Among the following, which would not be considered part of the investment component of GDP? a.…
A: GDP is a macroeconomic measure that is used to determine the total aggregate production in a…
Q: The expenditure approach to calculating GDP is best expressed by which of the following? A.)…
A: GDP measures the value of goods and services that are produced within the country during a specific…
Q: look at this (Links https://www.cbsnews.com/news/why-gdp-fails-as-a-measure-of-well-being/) article…
A: "GDP (gross domestic product) measures the value of all finished goods and services produced within…
Q: Which of the following are included in this year’s GDP? Explain your answer in each. The income of a…
A: GDP computes the monetary value of final goods and services—that is, those that are purchased by the…
Q: The following table gives data for a small country, Magnolia: Use the data to calculate GDP for…
A: National Income refers to the total income that is derived from the economic activities in a…
Q: For the purpose of calculating GDP, investment is spending on real estate and financial assets such…
A: GDP is the sum total of market value of final goods and services produced in a country during a…
Q: Respond to the following in a minimum of 175 words: Discuss the limitations of gross domestic…
A: Gross Domestic Product The total market value of all final goods and services produced within a…
Q: GDP accounting, which of the following is not counted as investment spending?
A: Investment spending component in the GDP includes 1) purchase of capital goods like business…
Q: All of the following are components of the expenditure approach to measuring GDP except from: Group…
A: The correct option is : Car dealer in Iowa being paid his monthly salary
Q: Define GDP. Identify the four components of GDP, used by government economists, when using the…
A: GDP: The gross domestic product i.e. GDP is the value of all finished goods and services or products…
Q: . What is the difference between GDP and each of the following? a. Gross national…
A: Note : Since we only answer up to 3 sub-parts, we'll answer the question specified. Please resubmit…
Q: A criticism of gross domestic product (GDP) is that it can both underestimate and overestimate…
A: The gross domestic product refers to the total amount of all the final goods and services produced…
Q: The following table shows data on consumption, investments, exports, imports, and government…
A: here we calculate the Net export and GDP by using the following table which are as follow-
Q: Question 9 Which of the following are true about GDP accounting? There may be more than one answer.…
A: Question 9 The answers are: b) Public employee salaries are included in GDP expenditure accounting…
Q: Raphael and Susan Firth live in Swarthmore, PA. Their son, Alex, owns his own plumbing business. For…
A: The term GDP (Gross Domestic Product) is defined as the total monetary value of all final products…
Q: Lotta Doe sells 100 shares of stock in Benson Buggywhip for $50 per share. She pays her broker a 2…
A: Meaning of Gross Domestic Product (GDP): The term gross domestic product refers to the situation…
Q: Identify the effect on GDP due to the following factors. Factors Effect on GDP An improvement in…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: The difference between measuring GDP with the income approach and the expenditure approach is the…
A: Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in…
Q: Jacques and Kyoko Lalime live in Swarthmore, PA. Kyoko's father, Musashi, lives in Sweden. For each…
A: Aggregate Demand refers to the total quantity of goods and services demanded in an economy. It has…
Q: Place the transactions below in their appropriate categories in the GDP and calculate the overall…
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…
Q: Consider the expenditure approach to the measurement of GDP. For each of the following situations,…
A: Since you have asked multiple-part questions, we will only solve the first three questions for you.…
Q: Explain the impact of each of the following transactions on the calculations of Ghana’s GDP.a. A…
A: The term “GDP” refers to the Gross Domestic Product of the country. It is the market value of all…
Q: Identify whether the following items are officially included in 2019 GDP or Not. Give specific…
A: 1.Treasury market is not included in official GDP and also stock market. Therefore 1 and 2 are not…
Q: The following provides data for an economy in a certain year Consumption expenditures $1,000 $600…
A: a) Trade Deficit:- The term "trade deficit" refers to the scenario where the import of a nation is…
Q: An economy produces two goods: hot dogs and burgers. In 2014, 15 hot dogs are produced at a price…
A:
Q: (Expenditure approach to GDP). You have the following annual information about a hypothetical…
A: GDP = C + Ip + G + X - M, where Ip: Gross investment and NX = X - M Net investment = Ip -…
Q: What component(s) of GDP (if any) would each of the following transactions affect? Explain. You buy…
A: GDP of a country estimates all the transactions within the boundary of a country. It is considered…
Q: Paolo and Sharon Zambetti live in Swarthmore, PA. Their son, Van, is an artist living in New York…
A: The purchasing of Italian Wine will be included in the consumption expenditure of the family as they…
Q: Select all events that contribute to increase the current year’s GDP in Canada? A household…
A: Gross Domestic Product (GDP) measures the value of final goods and services produced within the…
Q: Identify whether the following items are officially included in 2019 GDP or Not. Give specific…
A: HI, We can only answer 1 question ( up to 3 sub-parts) per session. I'm going to answer a,b and c.…
Q: For each of the following transactions that occur in their lives, identify whether it is included in…
A: The expenditure approach to calculating gross domestic product(GDP) takes into account the sum of…
Q: Explain briefly whether each of the following would cause GDP to overstate or understate the degree…
A: The total monetary or market value of all finished goods and services produced within a country's…
Q: The expenditure and value-added approaches to calculating GDP arrive at the same final number, but…
A: GDP can be calculated by using 3 methods which are the income method expenditure method and the…
Q: List some of the reasons why economists should not consider GDP an effective measure of the standard…
A: Standard of living is the element that affects the happiness of people, either these elements are…
Q: Which of the following is true about the components of GDP? When we buy stocks, this is economic…
A: GDP is defined as the market prices of all goods and services produced in a domestic country in a…
Q: Identify whether or not each of the following transactions would be included in GDP, and if so,…
A: GDP refers to the gross domestic product of the economy which measures the total money value of all…
Q: Distinguish the difference between nominal GDP and real GDP
A: GDP (gross domestic product) is the total value of goods & services manufactured in an economy…
Q: You are an economist calculating the Gross Domestic Product of Oman. To calculate GDP, you will…
A: The Gross domestic product (GDP) is the market worth of every final and service produced inside a…
Q: Suppose that an Al Khaleej Food company owned entirely by Emirati Business Group opens a new…
A: 1. If an Al Khaleej Food company owned entirely by Emirati Business Group opens a new Restaurants…
Q: Q2 In each of the following cases, determine the effect of each case on GDP and its components in…
A: We know that Aggregate Demand is the sum total of consumption expenditure, investment expenditure,…
Q: Gilberto and Juanita Jones live in Svarthmore, PA. Juanita's father, Lorenzo, lives in Sweden. For…
A: Below Table shows whether the given statement is under the part of consumption, investment,…
Q: Why GDP can be computed either by measuring spending or by measuring income. Briefly explain
A: GDP is the aggregation of services and goods produced in the country at the given time period. Three…
Q: The following table shows data on personal consumption expenditures, gross private domestic…
A: Consumption, C=$9.845 billions Investment, I=$1.549.3 billions Goods and services, G=$2967.2…
base on the data given construct the graph for
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- FORCASTING using the data below can you answer the question: Month Sales Jan-16 747 Feb-16 697 Mar-16 1014 Apr-16 1126 May-16 1105 Jun-16 1450 Jul-16 1639 Aug-16 1711 Sep-16 1307 Oct-16 1223 Nov-16 975 Dec-16 953 Jan-17 1024 Feb-17 928 Mar-17 1442 Apr-17 1371 May-17 1536 Jun-17 2004 Jul-17 1854 Aug-17 1951 Sep-17 1516 Oct-17 1642 Nov-17 1166 Dec-17 1106 Jan-18 1189 Feb-18 1209 Mar-18 1754 Apr-18 1843 May-18 1769 Jun-18 2207 Jul-18 2471 Aug-18 2288 Sep-18 1867 Oct-18 1980 Nov-18 1418 Dec-18 1333 Jan-19 1333 Feb-19 1370 Mar-19 2142 Apr-19 2138 May-19 2078 Jun-19 2960 Jul-19 2616 Aug-19 2861 Sep-19 2237 Oct-19 2225 Nov-19 1590 Dec-19 1659 Jan-20 1613 Feb-20 1605 Mar-20 2349…FORCASTING: using this data below using excel answer the questions please: Month Sales Jan-16 747 Feb-16 697 Mar-16 1014 Apr-16 1126 May-16 1105 Jun-16 1450 Jul-16 1639 Aug-16 1711 Sep-16 1307 Oct-16 1223 Nov-16 975 Dec-16 953 Jan-17 1024 Feb-17 928 Mar-17 1442 Apr-17 1371 May-17 1536 Jun-17 2004 Jul-17 1854 Aug-17 1951 Sep-17 1516 Oct-17 1642 Nov-17 1166 Dec-17 1106 Jan-18 1189 Feb-18 1209 Mar-18 1754 Apr-18 1843 May-18 1769 Jun-18 2207 Jul-18 2471 Aug-18 2288 Sep-18 1867 Oct-18 1980 Nov-18 1418 Dec-18 1333 Jan-19 1333 Feb-19 1370 Mar-19 2142 Apr-19 2138 May-19 2078 Jun-19 2960 Jul-19 2616 Aug-19 2861 Sep-19 2237 Oct-19 2225 Nov-19 1590 Dec-19 1659 Jan-20 1613 Feb-20 1605 Mar-20 2349 Apr-20 2468 May-20 2532 Jun-20 3127 Jul-20 3288 Aug-20 3285 Sep-20 2485 Oct-20 2723 Nov-20 1835 Dec-20 1894 Consider five years of monthly profit for a company Plot the data and…The management of a certain company would like to use the following data to learn about its customer base and to evaluate the first day promotional campaign purchases. Customers who made purchases with discount coupons were labelled as “Promotional Customers”, and “Regular Customers” was used for those who did not use coupons. Customer Type of Customer Items Net Sales (GH¢) Method of Payment Gender Marital Status Age 1 Regular 1 100 Vodacash Male Married 32 2 Promotional 1 105 MTN mobile money Female Single 36 3 Regular 1 230 Airtel money Female Married 32 4 Promotional 5 300 MTN mobile money Male Married 28 5 Regular 2 150 Vodacash Female Single 34 6 Regular 20 450 Vodacash Female Married 44 7 Promotional 2 78 MTN mobile money Male Married 30 8 Promotional 3 120 MTN mobile money Female Single 22 9 Promotional 6 345…
- 1. Data collection, compilation, and analysis from secondary sources using suitable reference (APA, for example). 2.Examine acquired data and update it so that it is relevant to the context, audience, and purpose. 3. Text (facts, assertions, statistics, etc.) is combined with graphic components such as tables and figures to create a dynamic and entertaining presentation. to design a Message for a specific Audience, with a specific Purpose with the purpose of delivering a certain outcome. Deliver a 4-minute presentation on a topic of your choice that is clear and succinct. I propose that you select a topic that you are comfortable with. You may give a presentation on "how to make coffee in the morning" or "how to find the "best" parking spot," for example. Instructions Identify the presentation's goal and explain why your presentation will be beneficial to your audience. Provide clear and concise context to ensure that all topics are understood immediately. Make your presentation.…using the data below can you answer the question: Month Sales Jan-16 747 Feb-16 697 Mar-16 1014 Apr-16 1126 May-16 1105 Jun-16 1450 Jul-16 1639 Aug-16 1711 Sep-16 1307 Oct-16 1223 Nov-16 975 Dec-16 953 Jan-17 1024 Feb-17 928 Mar-17 1442 Apr-17 1371 May-17 1536 Jun-17 2004 Jul-17 1854 Aug-17 1951 Sep-17 1516 Oct-17 1642 Nov-17 1166 Dec-17 1106 Jan-18 1189 Feb-18 1209 Mar-18 1754 Apr-18 1843 May-18 1769 Jun-18 2207 Jul-18 2471 Aug-18 2288 Sep-18 1867 Oct-18 1980 Nov-18 1418 Dec-18 1333 Jan-19 1333 Feb-19 1370 Mar-19 2142 Apr-19 2138 May-19 2078 Jun-19 2960 Jul-19 2616 Aug-19 2861 Sep-19 2237 Oct-19 2225 Nov-19 1590 Dec-19 1659 Jan-20 1613 Feb-20 1605 Mar-20 2349 Apr-20 2468…The Wall Street Journal’s website, www.wsj.com, reported the number of cars and light-duty trucks sold through October of 2014 and October of 2015. The top sixteen manufacturers are listed here. The sales information for all manufacturers can be accessed in a data file below. Sales data are often reported in this way to compare current sales to last year’s sales. Year-to-Date Sales Manufacturer Through October 2015 Through October 2014 General Motors Corp. 2,562,840 2,434,707 Ford Motor Company 2,178,587 2,065,612 Toyota Motor Sales USA Inc. 2,071,446 1,975,368 Chrysler 1,814,268 1,687,313 American Honda Motor Co Inc. 1,320,217 1,281,777 Nissan North America Inc. 1,238,535 1,166,389 Hyundai Motor America 638,195 607,539 Kia Motors America Inc. 526,024 489,711 Subaru of America Inc. 480,331 418,497 Volkswagen of America Inc. 294,602 301,187 Mercedes-Benz 301,915 281,728 BMW of North America Inc.…
- The following table lists the components needed to assemble an end item, lead times (in weeks), and quantities on hand. Item Lead Time Amounton Hand Direct Components End 1 0 L(2), C(1), K(3) L 2 10 B(2), J(3) C 3 15 G(2), B(2) K 3 20 H(4), B(2) B 2 30 J 3 30 G 3 5 H 2 0 Click here for the Excel Data File a. If 43 units of the end item are to be assembled, how many additional units of B are needed? (Hint: You don’t need to develop an MRP plan.) b. An order for the end item is scheduled to be shipped at the start of week 8. What is the latest week that the order can be started and still be ready to ship on time? (Hint: You don’t need to develop an MRP plan.)Convert 22.4 m/sec to mi/hrPrepare an excel sheet for undergiven answers:please prepare excel sheet ....5. Cost of Inventory Sold: Cost of jeans sold: 16 * $19 = $304Cost of sweaters sold: 2 * $9 = $18Cost of purses sold: 2 * $27 = $54Cost of suits sold: 2 * $67 = $134Total Cost of Inventory Sold = $304 + $18 + $54 + S134 = S510 6. Gross Margin: Gross Margin = Total Gross Sales - Total Cost of Inventory Sold Gross Margin = $1,418 - $510 = $908 7. Direct Expenses for the Month: Advertising: $200Salaries: $500Rent expenses: S200Total Direct Expenses for the Month = $200 + $500 + 5200 = S900 Direct Expenses for the Day (assuming a 31-day month) = Total Direct Expenses for the Month / 31 Direct Expenses for the Day = $900 / 31 = $29.03 8. Indirect Expenses for the Month: Water: $75Electricity: $89Insurance: $60Total Indirect Expenses for the Month = $75 + 589 + 560 = 5224 Indirect Expenses for the Day (assuming a 31-day month) = Total Indirect Expenses for the Month / 31 Indirect Expenses for the Day = $224 / 31 =…
- Mm.14. Subject :- EconomicSamantha is a disgruntled business owner of Lactid country. She thinks that the process of national accounting is not confidential and silly and there is no need for her to provide any information to the statistical department concerning her business. You are given the task to convince Samantha about 2 advantages and 2 disadvantages of providing accurate and timely information for National Accounting purposes. Provide country examples per exampleDo not use excel please. Show equations used.