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- The following production data has been obtained for country X below given that the prices of the commodities for the year 2000 were; Potatoes K1 200.00 per ton, Mangoes K3.00 per Kg, Sugar K6.00 per kg, and Copper K600.00 per ton, Beef K22.00 per Kg and for the year 2010 were; Potatoes K3 200.00 per ton, Mangoes K20.00 per Kg, Sugar K32.00 per kg, Copper K1 200.00 per ton, Beef K53.00 per Kg Calculate the nominal and real GDP for 2010. Commodities 2000 Nominal GDP 2010 Nominal GDP 2010 Real GDP Potatoes (Ton) 20Ton 35Ton 35Ton Mangoes (Ton) 35Ton 50Ton 50Ton Sugar (Ton) 40Ton 60Ton 60Ton Copper (Ton) 200Ton 300Ton 300Ton Beef (Ton) 150Ton 200Ton 200Ton TotalX Company produced $1 million worth of building supplies in 2017. X Company sold $350,000 worth of these supplies in 2017 to the Y Company, which used them to produce model homes worth $2 million in 2017. X Company sold another $400,000 of these supplies in 2017 directly to homeowners, who undertook their own home improvements. X Company sold the remaining supplies to Z Company, which used them to build $750,000 worth of playgrounds in 2018. Under the value-added approach, how much did this economic activity contribute to 2017's GDP? Note: the value-added approach is also called the production approach. a) $1 million in building supplies, $1,650,000 in housing, $500,000 in playgrounds b) $750,000 in building supplies, $1,650,000 in housing, $0 in playgrounds c) $1 million in building supplies, $1,650,000 in housing, $750,000 in playgrounds d) $650,000 in building supplies, $1,650,000 in housing, $500,000 in playgrounds e) $650,000 in building supplies, $2 million in…In 2017, $5000 worth of cotton was produced in a country called X. This cotton was then turned into $7000 worth of thread, also in country X. This thread was then sold to a company in country Y where it was turned into cloth. This cloth was sold back to a company located in country X for $10000. This company in country X turned the cloth into shirts with a market value of $15000. $14000 worth of the shirts were purchased by consumers in country X and the remaining shirts were unsold. What was GDP for country X in 2017? Group of answer choices 1. $12000 2. $5000 3. $7000 4. $15000
- What is the initial step in the price adjustment process to a disequilibrium condition under the pure gold standard and under Bretton Woods. Please be specific.Bangladeshi impressive economic growth from 1992 to 2010 O relied on its high wages and excellent working conditions. O relied on its own resources without trade. O relied on rising imports, specifically imports of apparel. O relied on rising exports, specifically exports of apparel. Hi Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.Answer completely and accurate answer.Rest assured, you will receive an upvote if the answer is accurate.UCCU is an instant coffee manufacturer in the sweet potato country. It imports coffee beans worth $500,000 from abroad and processes them into instant coffee worth 1 million yuan from the freeze-drying plant of the production department, of which $50,000 is sold to Overseas, $300,000 is sold to domestic consumers, and the remaining instant coffee is made into a coffee drink worth 900,000 yuan by a chain coffee shop under the UCCU chain. This chain coffee shop is a contracted manufacturer of the government, of which $100,000 Of the drinks are sold to the national army, and the rest are sold to domestic consumers. (a)Calculated by the expenditure consumption expenditure C is= investment expenditure is= government expenditure= the export is= the import is= and the GDP is= B)added value created by its chain coffee shops is =
- Sony is exporting its newest gaming system to the US. The system costs 40,800 yen in Japan. If the dollar is valued as 102 yen, what is the price of the system in US dollars? Show your work.Country A currently imports solar panels at $30,000 each. The government is using only 10% of the program as domestic content, exporting clean energy to neighboring countries. Country B imports also solar panels at $25,000 each, but uses 70% of the program as domestic content. If both countries produced solar panels home, the costs would have reached $25,000 for country A and $20,000 for country B, but there would have been an initial shakedown period during which solar panels would cost $35,000 for country A to produce and $40,000 for country B to produce. Suppose each country must go through a shakedown period of high costs on its own, before accessing any financial support from abroad. Under what circumstances would the existence of the initial high costs justify infant industry protection?Philippine Population 110M Urban Population 51.2% of PH Multi-unit Residential Population11.9% of Urban Population If usage is 2 bottles per day and each bottle is Php12.00… What is the market size (value) per quarter for bottled water for the urban population? What is the market size (units) per quarter for those living in multi-unit residential areas?
- Dr. Felipa Pablo, an associate professor in the University of the Philippines, and a research grantee of the Philippine Atomic Energy Agency was invited to take part at a meeting of the Department of Research and Isotopes of the Joint FAO-IAEA Division of Atomic Energy in Food and Agriculture of the United Nations in Ispra, Italy. To fulfill this engagement, Dr. Pablo booked passage with Alitalia, an Italian airline company. She arrived in Manila on the day before the meeting in accordance with the itinerary and time table set for her by Alitalia. She was however told by the Alitalia personnel there at Milan that her luggage was “delayed inasmuch as the same xx (was) in one of the succeeding flights from Rome to Milan.” Her luggage consisted of two (2) suitcases: one contained her clothing and other personal items; the other, her scientific papers, slides and other research material. But the other flights arriving from Rome did not have her baggage on board. Feeling desperate, she…Assuming global marketer is from the US and the US dollar to INR dropped from 1 USD= 70 INR to 1 USD= 50 INR. Which of the following is the correct strategy? a. Shift sourcing outside from home country. b. Maximize expenditures in local (host) country currency. c. Buy needed services abroad and pay for them in local currency. d. Bill customers in their own currency.Solve Question no. 1 . HAND WRITTEN SOLUTIONS ARE STRICTLY PROHIBITED