Calculate the net value added at MP from the following data. Depreciation = $5 billions Sales = 100 Opening stock = 20 Intermediate consumption = 70 Excisr duty = 10 Change in stock = -10
Q: The Disposable Income (DI) is: Consumption $ 1,500 Investment…
A: After financial gain, taxes are deducted; income, additionally called disposable income (DPI), is…
Q: Which one of these will be deducted from gross output to determine the net output? a. Total…
A: Net output = Gross output – Intermediate consumption(Depreciation) whereas factor income from…
Q: Classify each of the following items as a final good or service or an intermediate good or service…
A: The gross domestic product(GDP) refers to the market value of all the final commodities produced…
Q: Show all the necessary steps that lead to your answer. 1. Consumption $6000 (in billion) Gross…
A: Gross Domestic Product is the value of all goods and services that are produced within the…
Q: Personal Consumption Expenditures $400 Government Purchases 128 Gross Private Domestic Investment 88…
A: National income: It is the sum total of the aggregate of the total income that is being earned by…
Q: Final goods or services used to corpute GDP refer to the value of outstanding shares of stock of…
A: The measure that depicts the final value of goods and services being produced in an economy during a…
Q: Please solve using a national income accounting: An increase in disposable income will increase in…
A: National income means the total factor income earned by country's national income during an…
Q: Suppose the government's national income and product accounts revealed the following information:
A: The total amount of income coming to a country from economic activities over the course of a year is…
Q: Equilibrium GDP refers to a situation when the actual stocks equals desire stocks is it true?
A: Generally in the given question Actual stocks basically refers to the amount of inventory which is…
Q: Using the following information Personal Consumption Expenditure = 1375 Indirect Business Tax =…
A: Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts for…
Q: The following are national Income account data for a hypothetical economy In billions of dollars:…
A: Answer to the question is as follows:
Q: Gross Private Domestic Investment $ 46 Exports of the U.S. 9 Disposable Income Personal Saving 190…
A: Gross domestic product is the value of all final goods and services produced in an economy over a…
Q: Refer to the accompanying national income data for the economy. All figures are in billions of…
A: National income could be referred as a gross domestic product. Gross domestic product. GDP is the…
Q: Household consumption is affected by which of the following? Interest rato
A: Household consumption is affected by various factors.
Q: base on the table given calculate the gross domestic product at current prices for each quarter
A: Gross domestic product is the sum total of money value of goods and services produced in an economy…
Q: Between March and May of 2007, Africa's real disposable income increased from 61.3 billion to 61.9…
A: Marginal propensity to consume ration of the change in the level of consumption to change in the…
Q: 106. Which of these would be included in Canadian consumption? A French resident buys a new house in…
A: Answer - Need to find - Which of these would be included in the Canadian consumption Evaluating the…
Q: Consider the following table: Billions of dollars $13,300 1,450 1,250 GDP Depreciation Corporate…
A: Note:- Since we can only answer one question at a time and the exact one is not specified, we'll…
Q: The following data were recently obtained from the BEA; values are in billions of dollars: Personal…
A: Gross Domestic Product (GDP) measures the value of final goods and services produced with in the…
Q: Calculate the value of NDPFC if GDPMP is $1200 million, depreciation Is $250 million and the net…
A: The information being provided to us is:- GDPMP = $1200 million Depreciation= $250 million Net…
Q: The Bureau of Economic Analysis reported that the U.S. capital stock was $31.4 trillion at the end…
A: "Net investment represents the change in the capital stock and gross investment represents the total…
Q: Gross private domestic investment (I) does not include: O spending on company's supplies. O spending…
A: Hello. Since you have posted multiple questions and not specified which question needs to be solved,…
Q: Which of these is not a characteristic of the gross domestic product? a. Includes intermediate goods…
A: GDP is one of the most important indicators for measuring the economic activity, stability, and…
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: Suppose Google plans to produce 10.2 million Pixel phones this year. The company expects to sell 7.6…
A: Production planned = 10.2 million Expected sales = 7.6 million Sales done at the end of year = 8.4…
Q: Say the GDP of a country is $100. To this foreign nationals' contribution is $5. Government gives $2…
A: Personal Income = National Income – Indirect business taxes – Corporate income taxes – Undistributed…
Q: From the given data calculate the investment expenditure 1) Equilibrium level of income = 5000 2)…
A:
Q: You have the following information: employee compensation $3.5 trillion net interest $1.3 trillion…
A: Use the below formula for the calculation: Net National product= Employee compensation + Net…
Q: Suppose you are given the following data for a particular economy (unit: Millions of Euros): Gross…
A: Gross National Product refers to the sum of the values of all the finished goods and services and…
Q: The Bureau of Economic Analysis reported that the U.S. capital stock was $44.1 trillion at the end…
A: Given information: Depreciation in 2010 = $2.4 trillionCapital stock at the end of 2010 = $45…
Q: Suppose GDP is $16 trillion, with $10 trillion coming from consumption, $2 trillion coming from…
A: The Gross Domestic Product (GDP) is the value of goods and services produced within the domestic…
Q: Refer to the table (all figures in billions of dollars). The disposable income (DI) for this…
A: Correct option is (a) $ 274 Disposable Income (DI) is $ 274 billion.
Q: Calculate the expected change in GDP if the federal government announces it will spend an additional…
A: Change in the government expenditure=$80 million Marginal propensity to consume(MPC)=0.6 Change in…
Q: Suppose that real domestic output in an economy is 240 units, the quantity of inputs is 12, and the…
A: In simple words, Productivity is how effectively one can produce the output with the given amount of…
Q: Which of the following would be counted as gross private domestic investment and why? (a) General…
A: a. The Gross Private Domestic Investment is the measure of the physical investment made by the…
Q: The table below shows the values for several different components of GDF Billions of Category…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: If gross investment in 2017 is $200 billion and depreciation in 2017 is $1000 billion, net…
A: Net investment is the total sum of money spends upon capital assets minus depreciation by the firms…
Q: Consumption Gross Government Real GDP (after taxes) Investment Net Exports Purchases $0 -$20 $10 $+5…
A: The Gap Between real Gross domestic production and GDP at full employment is known as the…
Q: Which of the following form the basis of GDP calculated using the income approach? Question 4…
A: The income approach to calculate GDP is a method in which the income of the factor of production is…
Q: Suppose an economy has only two sectors: Goods and Services. Each year, Goods sells 75% of its…
A: Let the price of the total annual output of the good be Pg Let the price of the total annual output…
Q: Which of the following is not included in personal consumption expenditures? Group of answer…
A: Personal consumption expenditures refer to amount spent by consumers on various goods and services.…
Q: What will be the value of exports if net exports is $1000 million and imports are $3300 million
A: The information being given is:- Net Exports = $1000 Imports = $3300 We have to calculate value of…
Q: You are given the following data. Calculate GNP and GDP at factor cost. GNPMP 600 Indirect…
A: Given, GNPMP= 600GDPMP=GNPMP- Net factor income from abroadGDPMP = 600 - 100GDPMP = 500
Calculate the net value added at MP from the following data.
Sales = 100
Opening stock = 20
Intermediate consumption = 70
Excisr duty = 10
Change in stock = -10
Step by step
Solved in 3 steps
- Between March and May of 2007, Africa's real disposable income increased from 61.3 billion to 61.9 billion . During that same period, Africa's real consumption increased from 38.9 billion to 39.2 billion. Calculate the MPC for Africa.Complete the following table by using national income accounting identities to calculate national saving. In your calculations, use data from the preceding table.What is Gross Domestic Product if investment spending is $1,879.99, households receive $170.17 in net interest income, wages equal $13,555.17, rental receipts on land are $1, total business profits before taxes are $1,611.03, and indirect business taxes are $1,329.47? Assume all other types of income and depreciation are zero and that other values for potential components of GDP are unknown for this example. Round your answer to two digits after the decimal.
- Knowing that: The formula for economic impact is I(r)=(A)/1-r ---(i) The formula for impact change is ∆I= I'(r)*∆r ---(ii) The formula for percentage change in spending is g(r)=(r)/1-r ---(iii)Suppose you are given the following data for a particular economy (unit: Millions of Euros):Gross National Income mp (GNImp) =1650Investment (I) = 220(Iliq) Net investment = 210Private consumption(C) =1100Net External Income (NEI) = 0Net Indirect Taxes (NIT) = 231Public Spending (G) = 363 Calculate: a) Balance of Goods and Services or Net Exports (NX) and Amortizations/Depreciations (A). b) Net National Product at Base Prices (NNPbp) and Net Domestic Product at Base Prices (NDPbp)2.cFrom the graph above, complete the aggregate consumption function from the information provided. C = ___ + ___Y
- Given the following macroeconomic information to answer the next question: Private Consumption spending 800 Interest paid on capital 100 Imports 200 Gross Investment spending 600 Factors income paid to abroad 120 Exports 110 Government spending 550 Depreciation 50 Government tax revenue 200 Factors income received from abroad 80 Calculate the following values: 1- GDP = 2- GNP = 3- Internal Balance = 4- Net factors income from abroad =Suppose the data BELOW is for a given year from the annual Economic Report of the President. Calculate GDP using the expenditure approach (Amount in billions of dollars): Corporate profits: $ 305Depreciation: $ 479Gross private domestic investment: $716Personal taxes: $ 565Personal saving: $120Government spending: 924Imports: $ 547Exports: $ 427Personal consumption expenditures: $ 2,966Indirect business taxes: $ 370Contributions for Social Security (FICA): $ 394Transfer payments and other income: $ 967Consider a macroeconomy where the current population is 800 thousand people. Gross domestic private investment is constant $2500 million while consumer expenditure is described by the equation: C = 580+ 0.8DI. The government is fairly active, with a total expenditure of $2000 million and net taxes of $2550 million. Further investigation of the macroeconomy reveals that imports are constant at $3000 million while exports are constant at $2500 million. Currently, the overall price level (GDP deflator) is 118 and the potential GDP level is $13.5 billion. What is the current equilibrium level of real GDP? (report your answer at 2 decimal places and in millions of dollars) 1. What is the current equilibrium level of real GDP 2. what is the current real GDP per capita? 3. what is the value gap?
- You purchase a Tesla Model 3. What is the impact to the different components of the U.S. GDP and the overall impact to net GDP for the U.S.?Consider a closed economy in which total output equals $13,000. The economy also has the following information: Consumption totals $6500 Government spending totals $2500 Private savings totals $3800 Carefully following all numeric instructions, tell me this economy's net taxes (T). Carefully following all numeric instructions, tell me this economy's public savings. Carefully following all numeric instructions, tell me this economy's economic investment.Urgently need Suppose jane Purchases a $600000 BMW that was produced in Germany. Which of the following describes how this would be recorded in Canadian GDP accounts. a. Net Exports Increase $60,000 b. Net Exports decrease $60,000 c. Investment increases by $60,000 and net exports increase by $60,000 d. Consumption increases by $60, 000 and net exports decreases by y$60,000 Please fully explain the answer you choose.
