How will an increase in the amount of scholarships and pensions given by the government affect the level of GDP? a. Increase in the level of unemployment b. Increases the level of gross domestic capital formation c. No effect d. Increase in net exports

Q: Changes in business inventory will be calculated in GDP under which of the following categories

A: GDP = C + I + G + X - M Where C = personal consumption expenditure I = Gross private domestic…

Q: Fill in the blanks: The following shows information of a hypothetical economy in a given year.…

A: Y=Consumption+Investment+Government purchase+Net Exports Y=350+100+125+(60-50)Y=575+10Y=585

Q: Table 1.1: Total expenditure in Thalland, by category, 2014 Category of Spending us dollars (bilone)…

A: According to the above mentioned question, the values we have are:- Government consumption = 69…

Q: The table below shows the values for several different components of GDP. Composition of Gross…

A: The total gross investment is defined as the expenses incurred or investment made on the purchase of…

Q: Assume the following: Government purchases is $120 billion, Depreciation $40 billion, Consumption…

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

Q: The following table shows the data for a hypothetical economy in a specific year. All figures are in…

A: This table shows the data for a hypothetical economy in a specific year . All figures are in…

Q: In 2018, the total consumption in the X Country was $22,400 and the total investment activities…

A: GDP is the monetary value of final goods and services produced within a domestic territory of a…

Q: b. Assume the budget deficit in a closed economy is $2b, GDP is $100b and private savings is $10b,…

A: Investment is a part of GDP. GDP comprises Consumption, Investment, Government expenditure, and Net…

Q: Which of the following will NOT lead to an increase in real GDP?   A. On average, people in a…

A: Real GDP is the money value of goods and services at constant prices that are produced within the…

Q: 1- In a country, if the consumption is OMR 14000, exports OMR 5300, government purchases are…

A: GDP The final monetary worth of products and services generated within a country over a given period…

Q: You are given the following information about an economy GDP at Market Prices 1,,669.4 Imports…

A: "Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Using a well labelled diagram, discuss circular flow of income in a two sector economy

A: Circular flow of income in a two sector economy is explained with the help of the given diagram.

Q: Calculate nominal GDP three ways for the hypothetical economy below. Transaction Value of…

A: GDP is the total market value of goods and services produced domestically during the year. There are…

Q: Suppose that a farmer grows wheat, which she sells to a miller for $10. The miller turns the wheat…

A: 1) Farmer sold wheat to miller for= $10 Miller sell flour to baker for= $55 Baker sells bread to…

Q: On the basis of Table 5.2: What is GDP, Depreciation, NNP, and National Income? Sum of Value-Added…

A: The measure of the value added produced via the production of goods and services in a nation over a…

Q: Q1. Consider the following data on hypothetical economy. GDP Gross Investment Net Investment…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: (d) Assume a 16 year old named William Gates writes a computer program in his garage. The software…

A: Gross domestic product is the total value of goods and services that are produced in the economy in…

Q: Why is falling GDP or negative GDP growth generally seen as a bad sign?

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: In 2018, the total consumption in the X Country was $22,400 and the total investment activities…

A: Gross Domestic Product (GDP) is termed as the final value of all the services and goods which are…

Q: Private consumption expenditure (C) 150 Indirect Taxes 20 Gross private investment Expenditure…

A: Gross Domestic Product(GDP) is the value of national output produced in the country. It can be…

Q: given the following calculate the Household Consumption Expenditure GDP at market prices 1,669.4…

A: Household consumption expenditure represent the expenses incur by household on consumption of goods…

Q: (Expenditure approach to GDP). You have the following annual information about a hypothetical…

A: GDP = C + Ip + G + X - M, where Ip: Gross investment and NX = X - M Net investment = Ip -…

Q: Briefly discuss five reasons why a rise in real Gross Domestic Product within a country over time…

A: The entire monetary or market worth of all finished products and services produced inside a country…

Q: You have been appointed chief economist of a small economy of Uhuru. Use the information below which…

A:

Q: Consumption is $5.5 trillion, investment is $1 trillion, government expenditures are $1.5 trillion,…

A: Gross Domestic product (GDP) refers to the value of final goods and services produced in an economy…

Q: Valeria is a closed economy, where consumption totals $3 billion, tax payments are $300 million,…

A: Private saving is the total amount of savings done by the private institutes and household sectors ,…

Q: In 2019, consumer spending was $16,000; investment spending was $4,000; and net exports were –$600.…

A: GDP = C+I+G+NX where C is consumption I is investment G is govt expenditure NX net export

Q: (d) Is K government running a budget surplus? What is the amount of budget surplus/deficits in 2018.…

A: Budget surplus is the situation where the government revenue exceeds government expenditure. Budget…

Q: in the blank using the number that corresponds to the correct word or phrase in the word bank below…

A: Gross domestic product estimates the worth of labor and products delivered inside a nation's…

Q: How will an increase in taxes applied to businesses affect the GDP based on the Expenditure…

A: Due to increase in taxes,gross domestic capital formation would decrease.

Q: Consider country A, which is a closed economy. Suppose that A’s private saving is 280 and investment…

A: As per the information given in question, in country A saving and investment identity is : private…

Q: The table given below reports the value of different economic variables of a country during a year.…

A: Gross Domestic Product (GDP) measures the value of final goods and services produced in the domestic…

Q: In country B, consumption is $10 million, exports are $4 million, government purchases are $3…

A: a)GDP Consumption+government expenditure+investment+net exports(exports-imports) =10+3+2+(4-5)…

Q: or a certain economy, let the following data is measured in million birr Net foreign expenditure…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Explain how China’s real GDP can grow at a 6.9 percent rate when consumption and investment grew…

A: GDP denotes the total aggregate output that is produced in the country at a given time period. It is…

Q: Solve the attachment

A: The aggregate income of the economy is= consumption+investment+government expenditure+export

Q: How do uncertain conditions like war, terrorism, inflation, unemployment and disputes effect the…

A: War and terrorism will adversely affect the economy. These conditions create fear among consumers…

Q: Which of the following best describes the relationship between net exports and national savings? a.…

A: Net exports refers to the difference of exports and imports. Equilibrium GDP is the sum of…

Q: a. Consider the Market for Loanable Funds in a closed economy. What would be the impacts of the…

A: Disclaimer: Since you have asked multiple questions, we will solve the first question for you. if…

Q: Suppose that an auto company owned entirely by US citizens opens a new factory in Canada. a) What…

A: GDP and GNP are measures used to assess the health of the economy. Its often used to compare the…