The Central African Republic has a GDP of $234,000 million and a population of 4.862 million. Calculate the GDP per capita of Central African Republic. Group of answer choices $46,890 per person $ 50,000 per person

Q: For the country of Madagascar government spending was $15,000 in 2007. Consumption was $88,000,…

A: GDP under expenditure method is computed by adding up following items:1. Consumption expenditure of…

Q: Calculate GDP in the following economy given this information: Consumer purchases: $100 per year…

A: GDP or the gross domestic product is the value of all final goods and services which are newly…

Q: For 2008, GDP in the United States was estimated at $14.265 Trillion Dollars. If the estimated…

A: The gross domestic product is the aggregate of values of all final goods and services produced in an…

Q: $ Billion GDP 950 Household Consumption 650 Government Consumption 150 Government Investment Direct…

A: National savings is the total savings of an economy which includes the savings of households,…

Q: Sarah is a United States citizen. Sarah works in the United Kingdom. Which of the following…

A: GDP is Gross Domestic Product which means the value of finished goods and services produced within…

Q: Find the national income

A: Given:- Sr.No  Particle  Rs Crores i. Wages and Salaries 1,000 ii. Net current transfers to…

Q: True or false? Part A. Government production accounts for about half of all GDP in the United…

A: Part A Private sector in United states accounts for 85% of workers.Therefore it cannot be said that…

Q: Use the data below to calculate GDP for a given country.

A: With the given data we can calculate GDP by using expenditure method or outlay method.

Q: what is the nominal GDP per capita for year 2019? refer to the table

A: As economies and societies developed, the study of economics got more complicated. Hence, as a…

Q: Ethiopia has a GDP of $8 billion (measured in U.S. dollars) and a population of 55 million. Costa…

A: ANS Per capita GDP is the amount of GDP shared by each individual of the country. It is obtained by…

Q: Total nominal GDP Total real GDP GDP per capita

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

Q: A person who mows his or her own yard takes part in reducing GDP. the underground economy.…

A: GDP is the final value of services and goods that an economy can produce with given resources at…

Q: Calculate the GDP of the country described below: Consumption = $5 trillion Investments = $2…

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

Q: Real GDP per capita is NOT an adequate measure of the well-being of each person in an economy.…

A: The real GDP per capita shows the average real GDP per person in the economy. A country’s average…

Q: P dose not value A Total income of everyone in the economy B Total expenditure on the economy output…

A: Gross Domestic Product GDP is the monetary value of goods and services that are produced within the…

Q: With the use of GDP data over a 25 year period assess the main source of economic growth in Barbados…

A: Economic growth is the increment in the production rate of products and services in an economy.

Q: Evaluate any five conditions where GDP fails in measuring the economic welfare of the people.…

A: In economics, the final demand domestically can be described as the total demand for final services…

Q: List five limitations of GDP as a measurement of social welfare.

A: GDP or Gross Domestic Product is the total accounted value of all the goods and services produced in…

Q: Country A produces GDP according to the following equation: GDP = 5√K. The country has a savings…

A: The measure that depicts the final value of goods and services produced in an economy during a…

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: Government Purchases = $____ billion Private Gross Investment = $______ billion GDP = $______…

A: (a) Government Purchases: These are the spending on all the goods and services that are being made…

Q: 24. What is the GDP of country X? 25. What is the per capita GDP of Country X?

A: The term GDP means the aggregate total output produced by a country in the current year. This…

Q: GDP per capita is an indicator that tells us the whole picture about income inequality and income…

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: “The GDP of a country does provide an accurate indicator of the welfare of its citizens”

A: GDP refers to the monetary value of total output produced in the economy for a specific year. And…

Q: ) GDP is a better indicator of economic growth and welfare than GNP because a) indicates income…

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

Q: 4. In 1900, Per-Capita GDP in Japan was $2000. In 2017 it was $47,000.

A: GIVEN   In 1900, Per-Capita GDP in Japan was $2000. In 2017 it was $47,000.

Q: Per capita GDP is used to measure a country's standard of living. What other economic factors impact…

A: The GDP is known as gross domestic product which is the sum of all the final goods and services…

Q: 1. Find per capita GDP when the population is 100 million and GDP is $2 trillion. 2. Find per…

A: The per capita gross domestic product (GDP) is a financial measure that calculates a country's…

Q: Nominal GDP of a country  is $400 million and Real GDP $200. Calculate the GDP deflator.

A: Below are the given values: Given the Nominal GDP = $400 Real GDP = $200

Q: GDP does not take into account the underground economy, and offers measures of government production…

A: GDP refers to Gross Domestic Product. It is the sum of the value of all the goods and services…

Q: GDP at 1990 Market Prices ($m) 120,140 120,207 127,250 139,840 Source: Singapore Dept. of Statistics…

A: (A) Calculate of the annual growth rate of Singapore economy, {( GDP current year / GDP previous…

Q: broad categories of GDP

A: GDP or gross domestic product is the total value of goods and services produced in a country’s…

Q: Marijuana is sometimes estimated to be California’s largest cash crop. It is not included in…

A: Marijuana is sometimes considered to be California’s largest cash crop. It is not included in…

Q: Use the information below Consumer spending = $200 million Capital Consumption Allowance = $80…

A: The GDP (gross domestic product) is calculated using either the expenditure approach or the resource…

Q: Per capita GDP can be defined as GDP per person. GDP per unit of capital. GDP per unit of…

A: GDP measures the market value of all final goods and services produced in an economy within a given…

Q: National Income Accounting Totals in Uhuru for 2020 R (millions) Consumption 86 495 Gross Capital…

A: Net national product (NNP) is the monetary worth of completed labor and products created by a…

Q: If Philippines GDP exceeds Philippines GNP, then a. foreigners are producing more in the Philippines…

A: GNP = GDP + Net factor income from abroad Where Net factor income from abroad =  factor income…

Q: Country A produces GDP according to the following equation: GDP = 5√K. The country has a savings…

A: A steady-state economy seeks to strike a balance between increases in output and population growth.…

Q: Examples of GDP and GNP

A: The gross domestic product (GDP) measures the monetary value of all final goods and services…

Q: ‘GDP is the most commonly used measure of output, but it leaves some things out.’ Based on the above…

A: Macroeconomics is a sub-part of economics that is used to understand, the policies and fiscal…

Q: Country A produces GDP according to the following equation: GDP = 5 K. The country has a savings…

A: Steady state refers to state where economic variable in per capita term, no longer changes.

Q: Gross Domestic Product (GDP) is a flow concept, measures recorded economic activity, is a…

A: GDP is defined as the total production of all goods and services within territory of the country in…

Q: Which year was Equatorial Guinea's GDP per capita $22,942?

A: GDP per capita income reflects a country's total economic output divided by its population. In this…

Q: The UK GDP per capita measures: Select one or more: a. the total output of London’s economy. b. the…

A: GDP per capita measures the total output of country divided by the number of people in the country.…

Q: Find per capita GDP when the population is 300 million and GDP is $1.5 trillion.

A: GDP is the value of all the goods and services produced in the economy in a specific period of time.…

Q: a. Nominal GDP for all the years

A: Note: We will answer the first question as the exact one was not specified. Please resubmit a new…

Q: For each situation, identify if it is included in GDP, then identify the category C, I, G, or X-M…

A: Since we only answer up to 3 sub-parts we will answer the first 3. Please resubmit the question…

Q: Country A produces GDP according to the following equation: GDP = 5√K. The country has a savings…

A: