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- Figured in #2 is 120,448In the economy of Russia in 2015, consumption was $3000, GDP was $6500, government purchases were $2000, imports were $2000, and investment was $1000. What were Russia’s exports in 2015? Group of answer choices $2500 -$2500 $500 -$500If the GDP deflator is greater than 100, thenA) nominal GDP is greater than real GDP.B) nominal GDP is lower than real GDP.C) nominal GDP equals real GDP.D) prices decreased by more than half between the current and the base years.
- South Korea has reclaimed the number one spot in terms of the ratio of research and development (R&D) spending to gross domestic product (GDP). South Korea’s ratio was 4.55 percent last year, higher than Israel’s 4.25 percent. The total amount of Korea’s R&D investment reached 78.8 trillion won (US$69.73 billion) last year, up more than 13.5 percent from a year earlier and the fifth largest in the world. The Ministry of Science and ICT released on Nov. 27 the results of its survey on R&D activities carried out in the government, public and private sectors in South Korea last year. The survey was conducted on 59,603 domestic companies from April to September based on the OECD standards for international comparison of material and human resources injected into R&D. Out of the 59,603 firms, 50,619 responded to the survey, showing a collection rate of 84.9 percent, and those not responded the survey were so small that they wouldn’t actually affect the results, according to…In 1958, nominal GDP was 482 while real GDP was 2,853.3. Approximately what would the GDP deflator be for 1958? Group of answer choices a) 23.7 b) 103.9 c) 16.9 d) 2.04 e) None of the other options.India’s GDP per capita increased from $310 in 1991 to $1,489 in 2012. (i) Calculate the average annual rate of growth of the Indian economy during this period using the arithmetic average. (ii) Calculate the geometric average annual growth rate of India during this period. Explain why the number you find in (ii) differs from the result obtained in (i).
- Discuss the effect of aging population on property market, labor market, government expenditure and growth of malaysia. You should engage an appropriate level of research examples to support your viewpoints.It is difficult to calculate the value of GDP and it does not provide an accurate measure of the welfare or happiness of a country’s citizens therefore, it should not be used as an indicator of standard if living. Discuss whether you agree with this statement.What is a leading economic indicator? Provide two examples.
- example evidences of GDP is reliable indicator of standard of living in internationalGenerally, as the proportion of middle-income households in a country __________, the __________ a nation's purchasing power tends to be. A. increases; greater B. increases; less C. decreases; greater D. decreases; less E. There is no relationship at allConduct a web search and summarize the core-periphery spatial relationshipof each of the four (4) countries being south africa, India, Jamiaca and Brazil. to determine core, semi,peripheral or peripheral
