ln a hypothetical country, consumption was $3100, exports were 5400, GDP was 55000, imports were 5500, and investment was 51400. What were this country's government purchases? a)$160 b)$1200 c) $500 d)$5000
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ln a hypothetical country, consumption was $3100, exports were 5400,
a)$160
b)$1200
c) $500
d)$5000
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- 37 - Investment expenditures: 100, Net exports: -100 Imports: 300, Direct taxes: 400, Indirect taxes: 500, Depreciations: 600, Consumption expenditures: 700, Public expenditures: 800 What is the national income value using the data?a) 400B) 500C) 900D) 1000E) 700The following data relates to the economy of a country over a one-year period. K’B Subsidies ………………………………………… 1 000 Gross domestic fixed capital formation……………. 2 400 Exports of goods and services ……………………. 2 000 Government final consumption ……………………. 3 000 Property income from abroad …………………… 300 Imports of goods and services ……………………. 2 500 Value of physical decrease in stocks …………… 10 Consumer’s expenditure ……………………. 8 000 Capital consumption/Depreciation ………………… 1 500 Taxes on expenditure……………………………... 1 750 Property income paid abroad ……………………. 500 Required Calculate the following from the above data: (a) Gross domestic product at market prices (b) Gross domestic product at factor cost (c) Gross national product at factor cost (d) Net national product at factor costThe following data relate to an emerging African country.Item Value('000) KSHSGNP 8,000,000 Depreciation 100,000Indirect Business Taxes 80,000Gross Investment 400,000Total population 30,000Consumption 10,000Personal Income Taxes 800Excise duty 80Personal Income 89,000Net factor incomes from abroad 200,000 Using the above data, calculate: Net National Product and GNP per capita Net investment and Disposable personal income Gross domestic product
- Given the following data: Gross Investment Expenditure.. .$200 Government Transfer Payments...150 Business Transfer Payments... Capital Consumption. Consumer Exports... 50 100 iture Corporate Profit Before Tax.... 600 500 Receipts of Factor Income Payments ot Factor Income to from the Rest of the World 1,000 the Rest of the Horld.... 500 Calculate: (h) consumptionUse the following composition of expenditure for the economy of a countrynamed the Republic of Tapuwa, for the year ended 2019 to answer thequestions below: COMPONENT R millions Consumption expenditure (C) 9 000 Investment (I) 6 500 Government spending (G) 7 000 Exports (X) 1 800 Imports (Z) 2 400 Depreciation 700 Foreign payment to the rest of theworld 300 Foreign payment from the rest of the world 250 Q1. Calculate the value of the country’s GDE (Gross DomesticExpenditure). Q2. Compute the value for the country’s GDP (Gross Domestic Product)at market price.Under a developing economy, an analysist assigned you to calculate the followings for the further development of the economy of the country: a) GDPMP b) GNPFC c) NNPMP d) NNPFC The items are as follows: Amount in crores Value of output- Rs. 100000 Depreciation- Rs 6000 Indirect taxes- Rs 6000 Subsidies- Rs 1000 Intermediate consumption- Rs 24000
- 16 - Which of the following is the production value of a Turkish artisan who produces bread in Karabük? a) GDP B) net national income C) GDP D) GDP vs. GNP TO) Added ValueHow can a decline of natural resources and biodiversity affects a country's Gross National Product and Gross Domestic Product? Pls explain further13 Which national income estimation method needs information such as indirect taxes, depreciation and intermediate consumption? a. Net output b. Income c. Expenditure d. Factor
- Show all the necessary steps that lead to your answer. 1. Consumption $6000 (in billion) Gross Investment 1500 Indirect business taxes 300 Retained earning 244 Corporate taxes 200 Social securities taxes 900 Government purchases 1500 Export 500 Transfer payments 1000 Net interest 500 Net foreign factor income 4 Depreciation 800 Capital consumption allowance Import 100 Personal income tax 300 a. Calculate GDP from the above figures b. Calculate national income from the above figures c. Calculate personal income from the above figures d. Calculate disposable income from the above figuresa) The consumption function of UAE ix C100+0.5Y. The Private business sector has made on investmentof 100 million dirham to expand their business. How much national income will change in the UAE economy? Assume there is no government or foreign sector.2. Net exports are best defined as a. The difference between total exports and total imports b. Net Imports – Net Exports c. Economic output from a given year that is not consumed d. Y = C + I + G - NX e. None of the above