Using Excel: Please prove Ernst Engel's law by using Lao data ( the share of agricultural productsin the GDP of Laos) from 2000-2020 to draw a figure. Note: please write the data source
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Using Excel: Please prove Ernst Engel's law by using Lao data ( the share of agricultural productsin the GDP of Laos) from 2000-2020 to draw a figure.
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- Retrieve the following data from The World Bank database (http //databank.worldbank. org/data/ home.aspx) for India, Spain, and South Africa for the most recent year available: • GDP in constant international dollars or PPP • Population • GOP per person in constant international dollars • Mortality rate, infant (per 1,000 live births) • Health expenditure per capita (current U.S. dollars) • Life expectancy at birth, total (years)Use the Market Values approach to calculate the GDP of a fictitious country using the data in the table below: What is the GDP for this country? A) $10,178 B) $305 C) $410.450 D) $10,000Use the data to calculate nominal Canadian GDP using the spending approach for both 2016 and 2017. 2016 (billions of $) 2017 (billions of $) Consumption $12,800 $13,300 Investment $3,200 $3,400 Exports $2,200 $2,400 Imports $2,700 $2,900 Government Spending $3,300 $3,400
- QUANTITATIVE PROBLEMS Given the following nominal data, compute GDP. Assume net factor incomes from abroad = 0 (that is, GDP = GNP). Nominal Data for GDP and NNP $ Billions Consumption 2,799.8 Depreciation 481.6 Exports 376.2 Gross private domestic investment 671.0 Indirect taxes 331.4 Government purchases 869.7 Government transfer payments 947.8 Imports 481.7 Find data for each of the following countries on real GDP and population. Use the data to calculate the GDP per capita for each of the following countries: Mozambique India Pakistan United States Canada Russia Brazil Iran Colombia Now construct a bar graph showing your results in the previous problem, organizing the countries from the highest to the lowest GNP per capita, with countries on the horizontal axis and GNP per capita on the vertical axis. Suppose Country A has a GDP of $4 trillion. Residents of this country earn $500 million from assets they own in…Using the image attached calculate: 1. The value added at each stage of production 2. The contribution to GDP from the goodYear Real GDP per Capita 1985 6,000 1986 6,300 1987 6,700 1988 7,200 1989 7,850 1990 8,250 1991 8,450 1992 8,550 1993 8,575 1994 8,510 1995 8,370 1996 8,100 1997 7,950 1998 7,925 1999 7,960 2000 8,035 2001 8,155 The information above describes the real GDP per capita for a country for the period from 1985 through to 2001. I.…
- please answer the following, #1 a,b,c. I have attached an image of the question for better format. Thanks! The following questions can be answered by using data from Statistics Canada (Please indicate your data source or show the website link). What are the nominal and real GDP for Alberta and Canada for the years 2019 and 2020? Calculate real GDP per capita for Alberta and Canada for the years 2019 and Calculate the annual economic growth rate for the year 2020 for Alberta and Canada. https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610022201Imagine the GDP per capita of a country doubles every one hundred years. What would the shape of a linear-scale graph and a ratio-scale graph be? Select one or more: a. Linear scale: an upward-sloping curve with increasing slope (called convex shape) Ratio scale: an upward-sloping straight line b. Linear scale: an upward-sloping straight line Ratio scale: a straight horizontal line c. Linear scale: an upward-sloping straight line Ratio scale: an upward-sloping curve with decreasing slope (called concave shape) d. Linear scale: an upward-sloping convex curve Ratio scale: an upward-sloping convex curvePrepare a table and line graph showing the economic growth rate for st. Lucia and Germany for the last 5 years. Examine the relationship observed between the two countries
- Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1993 to 2012. Year Real GDP (2009 prices) Population 1993 $9,510,800 million 257.8 million 2012 $15,470,700 million 313.85 million1. Calculate the percentage change in real GDP in each of the years shown. 2.Then once you've calculated the percentage change for each of the years, use the orange points (square symbol) to plot your results on the following graph, rounded to the nearest percent. For each year, plot the percentage change from the year before.Sarah has a 2009 Honda Civic. In 2013, she sells it to Mary for $10,000. Is that $10,000 counted in the GDP for 2013?(THIS IS FROM FIRST QUESTION) HERE IS THE SECOND QUESTION If Sarah is an automobile dealer, does that change your answer to the previous question at all?
