Exports of a country are $200 million and imports in the same year is $116 million Calculate net exports

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: In an economy:- Exports = $800 million Imports = $730 million Calculate the value of net exports

A: The information being given is:- Exports = $800 million Imports = $730 million We have to find net…

Q: Use the information in the table below to answer Q.3.1 to Q.3.3: GDP at market prices R397bn Net…

A: Net National Income is the total income generated by the country's income and foreign residents plus…

Q: Since it is counted as an investment, why doesn't the purchase of equipment from Caterpillar (a U.S.…

A: Gross domestic product estimates the money-related worth of definite labor and products that is,…

Q: Gross Domestic Product Exports of Goods and Services Imports of Goods and Services Federal…

A: The trade balance is the difference between export and import.  i.e., Trade balance = Export -…

Q: Find exports if net exports is $150 million and imports are $180 million

A: The Given information is as follows:- Net exports = $150 million Imports = $180 million We have to…

Q: What items are not included in the calculation of GDP in the economy of the country.

A: According to the given question  Gross Domestic Product is used by the economist to measure the…

Q: Import of an firm is $4300 and net export is $8400 what would be the export of a firm?

A: According to question we are given that  Import =$4300 net export=$8400 we have to calculate export

Q: National savings is

A: In a closed economy, total output(Y) is sum of consumption(C), government expenditure (G) and…

Q: Assume that GDP at market price is 650 million, factor income received from abroad is 180 million,…

A: GDP is an important macroeconomic measure of growth that is used to determine the total aggregate…

Q: Calculate national income

A: The value of products and services generated by a country throughout a fiscal year is referred to as…

Q: Based on the table above, the statistical discrepancy is

A: Statistical Discrepancy is the difference between the demand and supply in national accounts. Even…

Q: In an economy,  Exports = $2100 million Imports = $1750 million Calculate net exports

A: Exports are goods and services delivered from one country to another. Imports are goods and services…

Q: is added to exports when calculating U.S. GDP because imports reflect spending by Americans?…

A: The value created by production of all the services and goods in a specific period of time within…

Q: Which of these will be a part of the gross domestic product? a. Income from this year’s final output…

A: The gross domestic product is the addition of the goods and services produced in the country is…

Q: amounted to $7,000; consumption amounted t $2,000; government purchases were equal to investment;…

A: Government final consumption use (GFCE) is a total exchange sum on a country's public pay accounts…

Q: urrent Account Value Exports of goods 107,941 Exports of services 44,133 Primary income receipts…

A: The statistical discrepancy is the amount by which the total of current, capital, and financial…

Q: Value in millions Gross Domestic Product is: Net Domestic Product is: National income is: Personal…

A: For calculation of GDP we have many method like Income method , expenditure method , value added and…

Q: Country A has export sales of $20 billion, government purchases of $1,000 billion, business…

A: Gross Domestic Product or the GDP refers to the final value of all the finished goods and services…

Q: If net exports is $700 million and imports is $230 million Calculate Exports

A: The data presented in the question above is :- Net exports = $700 million Imports = $230 million…

Q: If net exports is 0 and imports are $70 million What is the value of exports

A: The information given is:- Net exports = 0 Imports = $70 million We have to calculate Exports

Q: If a friend comes over to help you build a wooden fence, the value of the service produced counted…

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: Intermediate goods are excluded from the GDP calculation to avoid double counting. Select one: a.…

A: Double counting  describes an accounting error where an element or item is included more than once…

Q: If the value of an economy's imports exceeds the value of that economy's exports, then net exports…

A: The domestically produced goods and services which are sold in the foreign market is known as the…

Q: Since it is counted as an investment, why doesn't the purchase of equipment from Caterpillar (a U.S.…

A: Gross domestic product (GDP) measures the market value of final goods and services produced within…

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: List two economically  important activities not captured in GDP.

A: GDP (or gross domestic product) refers to the market value of all final services and goods…

Q: Company X produces $50,000 of wine in 2019 and they plan to sell the wine in 2021 to foreigners. How…

A: The market value of all final goods and services produced in the economic territory of the country…

Q: National income and domestic product must be equal.  True or  False

A: National Income is the total amount if gods and services produced in the economy during a given…

Q: Exports and imports are $500 million and $330 million Find net Exports

A: The data presented in the question above is:- Exports = $500 million Imports = $330 million Net…

Q: Why the following are not counted in the GDP.intermediate goods,transfer payments, used goods ,non…

A: Intermediate goods are excluded since GDP measures the value of final goods only. Inclusion of…

Q: Net exports are exports less imports. that portion of consumption and investment goods sent to other…

A: Net Exports are a part of GDP of a country. Net Exports=Exports-Imports   Option B-Sending…

Q: The value of production in an economy is $19,412 billion.  This is equivalent to $_______ million.…

A: Solution - Value of  production in an economy = $19,412 Billion We have to convert it to millions We…

Q: Find the value added by a firm given that:- Domestic sales by firm  = $5500 Exports by firm  =…

A: The data presented in the question above is:- Domestic sales by firm = $5500   Exports by firm =…

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: Nominal GDP is money GDP adjusted for inflation. the amount of production that occurs when the…

A: Answer in step 2

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: How GDP at market prices converted to GNP at market prices

A: GDP has mainly four components: consumption, investment, governmen spending and net exports.  1.…

Q: Calculate exports of firm A if its value added is $5000 million, domestic sales is $3200 and…

A: The information being given as:- Value added by firm = $5000 Domestic sales = $3200 Purchase = $1000…

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: In an economy exports are $350 million and imports are $350 million Calculate net exports

A: The information being given is:- Exports = $350 million Imports = $350 million We have to find net…

Q: Net exports are -$114 billion and exports are $857 billion. What are imports?

A: Given: Net export = -$114 billion Exports =$857 billion

Q: If exports exceed imports does not make any sense net exports is negative net exports is positive…

A: The answer is - Option 3: Net export is positive

Q: Calculate imports in 2020, if exports in 2020 were $21,000 and the net exports is $11,500

A: The information being given is as follows:- Exports in 2020 = $21,000 Net exports = $11,500  We have…

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: calculate showing all working: (i) National Income (ii) Net Investment

A: