Answered: Calculate the domestic sales of the…

Calculate the domestic sales of the firm if it's value added is $44,000 , exports are $23,000 and the purchase made are 50,000

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter5: Gross Domestic Product

Section: Chapter Questions

Problem 11SQ

See similar textbooks

Related questions

Q: In an economy:- National income is $10,000 million and net factor income from abroad is $6700…

A: The information being given to us is as follows:- National Income = $10,000 million Net factor…

Q: In Australia, the value added for 2020 year was $89,000 million Also the value of intermediate…

A: The information being given is:- Value added for 2020 = $89,000 Intermediate Consumption = $21,000…

Q: Calculate the value added by a firm with the following:- Domestic sales of the firm = $4000…

A: Value addition: - Value addition is the increase in the value of a product or any input by…

Q: GDP is a total quantification of the production of goods and services of a country in a period of…

A: GDP or Gross Domestic Product refers to the sum total of the money value of all final goods and…

Q: Calculate domestic income when national income is $23,000 and net factor income from abroad is $6600

A: The data presented in the question above is:- National income = $23,000 Net factor income from…

Q: Find the value of national income if the domestic income is $130 and the net factor income from…

A: Initially in the question Domestic income is = $130 Net factor income from abroad is = $53 National…

Q: If intermediate consumption in Italy in 2016 was $600 million and the value of output was $780…

A: The data presented in the question is as follows:- Intermediate consumption for 2016 = $600 million…

Q: Calculate the value added by the firm if it is give that domestic sales of firm is $9000 , exports…

A: The data presented in the question is as:- Domestic sales = $9000 Exports = $3300 Purchase made by…

Q: Calculate the value added if the value of output is $630 million and the intermediate consumption is…

A: According to the above given question we have the following values:- Value of output = $630 million…

Q: If net Exports is $100 and exports are $250 Find imports

A: The data presented in the question above is :- Net exports = $100 Exports = $250 Imports are to be…

Q: GDP is the market value of all final goods and services and intermediate goods produced within a…

A: Gross Domestic Product is the total value of all finished goods and services that are produced in…

Q: The value of the nominal GNP of economy was $ 6000 in a particular year. The value of the GNP of…

A: The GNP order the gross national product is the value of final goods and services that are produced…

Q: onsumer price index (CPI) a measure of the overall cost of the goods and services bought by a rich…

A: Consumer price index is used to calculate the inflation rate in the economy. It shows the cost of a…

Q: Find the value added when the value of output is $661 and the intermediate consumption is $222?

A: Basically in the above question, Value of the output is = $661 Intermediate consumption = $222 Value…

Q: Calculate the value of net national product from the following:- Wages and salaries = $800 Rent =…

A: We are given with the information as follows:- Wages and salaries = $800 Rent = $300 Interest = $400…

Q: Find net exports if exports is $120 million and imports is $66 million

A: According to the above given question, the values given are:- Exports = $120 million Imports = $66…

Q: What will be the Value added if the Value of output is $312 and the Intermediate consumption is $111

A: Consumption takes place by individuals in the economy. For the consumption of goods and services in…

Q: If net exports are $300 and in the country the exports are double that of imports Calculate the…

A: According to the above mentioned question, the values are:- Net exports = $300 million Also the…

Q: Calculate net Exports if exports is $3000 and imports is $2200

A: The data presented in the above question Is:- Exports = $3000 Imports = $2200 Using this…

Q: The net exports is given to be as $2300 and imports is $1200 Calculate Exports

A: The information being given is:- Net exports = $2300 million Imports = $1200 million We have to…

Q: Calculate the net value added at the market price of a firm: Items Amount Sale 400 Change in stock…

A: The net value added at market price is calculated as the output sold * price per unit + the entire…

Q: U.S. gross domestic product (GDP) measures the market value of all goods and services produced by…

A: Answer: False Explanation: U.S. gross domestic product will measure the market value of all the…

Q: Among the components of personal consumption expenditures (C) the spending of durable goods that…

A: The term personal consumption income (PCEs) alludes to a proportion of credited family consumptions…

Q: The consumption is $430 and the income is $630 Calculate the APC

A: The information being given is:- Consumption = $430 Income = $630 We have to calculate the value of…

Q: Find the value of exports if net exports is $310 million and imports are $130 million

A: The information being given to us is:- Net exports = $310 million Imports = $130 million We have to…

Q: The Bureau of Economic Analysis has recently released the following information for the most recent…

Q: Value added by firm A is $2300 million Calculate the value of domestic sales if exports of firm is…

A: The given information is as follows:- Value added by firm = $2300 Million Exports of the firm = $750…

Q: In an economy the total sales is $41,000 billion and change in stock is $23000 billion Calculate…

A: The information being given is:- Total sales = $41,000 Change in stock = $23,000 Value of output = ?

Q: Real gross domestic product (GDP) means the value of goods and services is measured in prices.…

A: Real GDP measures the value of goods and services that are produced with in the given year.

Q: Calculate intermediate consumption if value added is $3900 and value of output is $5000

A: The information being given is:- Value added = $3900 million Value of output = $5000 million We have…

Q: If the value of net exports is -30 Million and value of exports is $20 million Calculate the value…

A: We are clearly given that the value of net exports is -30 Million which is negative. Also the value…

Q: In the calculation of national income, all of these items are added, except а. Food and other items…

A: National is the sum of consumption, investment, government expenditure and net exports.

Q: The value of output in a given economy is $910 and the intermediate consumption are given as $310…

A: Generally in the given question it is given that The value of output = $910 Intermediate consumption…

Q: If National income is $1300 million, net factor income from abroad is $500 million Find the value…

A: The information given to us is as follows:- National Income of the country = $1300 million Net…

Q: The value of the gross domestic product in 2000, in terms of 1990 prices, was (A) $600. (B) $700.…

A: Formula for GDP deflator can be calculated by dividing the nominal GDP by real GDP.

Q: Calculate the value of intermediate consumption if value added is $250 million and the value of…

A: Here given information is: The value of output: $399 million Value addition: $250 million To find:…

Q: Calculate the domestic sales by firm A if value added by firm is $16,000 , exports by firm is $9000…

A: Value added by firm A=$16,000 Exports by firm A=$9000 Purchase by firm A=$3000 Value added is one of…

Q: If net exports are $30 million and imports are $113 million Find the value of exports

A: According to the above-mentioned question, the values given are:- Net exports = $30 million Imports…

Q: Calculate the value of exports if net exports are $390 million and the imports are $200 million

A: The emergence of the global economy was dependent on international trade. Global events both…

Q: For London the imports and exports recorded were $2800 and $3100 million respectively Calculate net…

A: The information being given is:- Imports of London = $2800 Exports of London = $3100 We have to…

Q: Calculate the value of gross value added at market price when it's given that the value of output is…

A: The given information is as follows:- Value of output = $800 million Intermediate consumption = $380…

Q: Calculate net exports of Brazil if the export were $780 million and imports were $600 million

A: According to the above mentioned question, the values are:- Exports of Brazil = $780 million Imports…

Q: If exports and imports is US are $450 million and $380 million respectively Calculate the value of…

A: Exports are the products sold to foreign country by the domestic country.Imports are the products…

Q: Firm A has a domestic Salary of $12000 million, exports is $3500 million and purchase are $5000…

A: The information being given is:- Domestic Salary = $12,000 Exports = $3500 Purchases = $5000 We…

Q: The value of national income is $3100 million and the value of net factor income from abroad is $600…

A: According to the above given question, the information is:- National Income = $3100 million Net…

Q: Government survey takers noted the following prices each year for the listed items. Items 2016 2017…

A: ANSWER IS GIVEN BELOW

Q: Calculate the value of output if value added is $2500 million and the intermediate consumption is…

A: In economics, output refers to the "amount of goods or services produced by a firm, industry, or…

Q: Find net Exports given:- Exports = $6400 Imports = $2200

A: The data presented in the question above is:- Exports = $6400 Imports = $2200 Net exports are to be…

Q: In Russia, the value added is $30,000 and value of output is $38,000 Calculate the intermediate…

A: The information being given is:- Value added in Russia = $30,000 Value of output in Russia = $38,000…

Q: Calculate the value of net exports if exports are $100 million and the imports are $73 million

A: Net exports are a part of GDP of a country. Net exports are excess of exports over imports. Net…

Question

Calculate the domestic sales of the firm if it's value added is $44,000 , exports are $23,000 and the purchase made are 50,000

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.

Similar questions

Calculate the value added by the firm if it is give that domestic sales of firm is $9000 , exports are $3300 and the purchase of the firm is $7000
In Russia, the value added is $30,000 and value of output is $38,000 Calculate the intermediate consumption
Calculate the domestic sales by firm A if value added by firm is $16,000 , exports by firm is $9000 and purchase by firm is $3000
Find the value added when the value of output is $661 and the intermediate consumption is $222?
For London the imports and exports recorded were $2800 and $3100 million respectively Calculate net exports
Find the value of exports if net exports is $310 million and imports are $130 million
The country of Econostan had the following expenditures last year: $600,000 in consumption expenses, $90,000 in government purchases, and $150,000 in investment expenses. Further, $75,000 of the products bought last year in Econostan were made in other countries and $55,000 of the products made in Econostan were exported to other countries. What was the gross domestic product of Econostan?
Use the following composition of expenditure for the economy of a country named the Republic of Tapuwa, for the year ended 2019 to answer the questions below: Show all calculations and formulae Determine the value of the country’s NNI (Net National Income) at market price.
Find the value of national income if the domestic income is $130 and the net factor income from abroad is $53
Calculate the value of gross value added at market price when it's given that the value of output is $800 million and the intermediate consumption is $380 million in the Economy
Figured in #2 is 120,448
If exports and imports is US are $450 million and $380 million respectively Calculate the value of net exports