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- Use the data to calculate nominal Canadian GDP using the spending approach for both 2016 and 2017. 2016 (billions of $) 2017 (billions of $) Consumption $12,800 $13,300 Investment $3,200 $3,400 Exports $2,200 $2,400 Imports $2,700 $2,900 Government Spending $3,300 $3,400Using a table and a line graph showing the unemployment and economic growth rate for Jamaica and Finland for the last 5 years. Examine the relationship observed between the two countries.If nominal GNP through expenditure approach is $10000 and real GNP is $10000. Find the GNP deflator.
- Solve using formula.Tornadoes destroy factories and a severe drought ruins crops. Draw a graph that shows 3 curves and find the inital and resulting PL and GDP.The following is data on income (IDR 1,000) and the Consumer Price Index (CPI) with the base year 2014 Question: - Is there an increase or decrease in income in 2019 compared to 2015 - Is there an increase or decrease in real income in 2019 compared to 2015 - What do you conclude from each value you calculated
