What are the values of total injections and leakages? Total business revenue: 640 Investment: 40 Exports: 100 INTERNATIONAL SECTOR C- IM: 220 BUSINESS SECTOR Government spending: 280 Zn3zzn < 00 Factor payments Wages: 400 Interest: 80 Rent: 100 Profits: 60 Taxes: 360 Transfer payments: 120 80 Imports: Consumption: 300 HOUSEHOLD SECTOR Factor Incomes: 640 Disposable income: 400 Savings: 100
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- C I G NX Price Yr1 1000 156 560 52 4 Yr2 1300 159 600 52 5 Yr3 2000 169 690 53 6 Yr4 2900 180 880 53 7 -What will the percent rate of change in real GDP be from year 1 to year 2, from year 2 to year 3, and from year 3 to year 4. (round to the whole number for all calculations and final answers) -State how long it will take for real GDP to double in size.Consider a macroeconomy where the current population is 800 thousand people. Gross domestic private investment is constant $2500 million while consumer expenditure is described by the equation: C = 580+ 0.8DI. The government is fairly active, with a total expenditure of $2000 million and net taxes of $2550 million. Further investigation of the macroeconomy reveals that imports are constant at $3000 million while exports are constant at $2500 million. Currently, the overall price level (GDP deflator) is 118 and the potential GDP level is $13.5 billion. What is the current equilibrium level of real GDP? (report your answer at 2 decimal places and in millions of dollars) 1. What is the current equilibrium level of real GDP 2. what is the current real GDP per capita? 3. what is the value gap?Read carefully need full warranty SOLUTIONs dont copying paste no need generalized answer. Summary examples key points all heading and explaination need etc. Abstract: Under Economic Growth mean constantly increasing volume of production in a country, or an increase in gross domestic product as the main quantitative indicators of production for a period of one year. Economic development is not only quantitative changes when it comes to the economic position of the country, but also qualitative changes (changing the economic structure, the emergence of new sectors and industries, new jobs, etc..). They lead to a better and more complete satisfaction of all human needs. Production per capita is a measure of the ability of a society to achieve their goals of social and economic development, all in order to meet the constantly growing social needs. The increase in output per capita in economic theory is expressed as economic growth, without which no economic development, but does not have…
- Using IS-LM curves, critically examine how government spending on coronavirus disease, 2019 will impact on the national output(income)Explain the monitoring of CPEC.The saving rate (gross domestic saving as a % of GDP) in Australia, a small open economy, was 15% in 2011 while the investment rate (domestic investment as a % of GDP) was 25%. As a result, there was net outflow of capital from Australia in 2011. Is this true, false or uncertain? Please provide your explaination.
- Given the following natinonal data all figure in billion. Gross domestic product.............6145 Payments to Tanzania who empoly resources......126 Payments to foreign owned resources employed in Tanzania...........177 Capital consumption allowance.......... 661 Indirect business taxes and subsidies.......579 Government transfer payment............... 884 Undistributed corporate profit and corporate income tax....................... ....561 Individual taxes and non tax payments..................655 Compute 1.Gross national product at market price 2.Net national product at market price 3.personal income 4.Disposable incomeDurable goods $3,000 Services 6,000 Business purchases of capital goods 400 Fixed investment 850 Exports 600 Imports 800 Non-durable goods 700 Inventory investment 200 Government transfer payments 100 Purchases of new residential housing 450 Government purchases 900 Refer to Table . Investment is equal to a. $850. b. $200. c. $1,050. d. $1,250.Cross country comparisons of GDP per capita typically use purchasing power parity equivalent exchange rates, which are a measure of the long run equilibrium value of an exchange rate. In fact, we used PPP equivalent exchange rates in this module. Why could using market exchange rates, which sometimes change dramatically in a short period of time, be misleading?
- 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 figuresAn economy is initially described by the following equations: C= 60+0.8(Y-T) I=120-5r M/P=Y-25r G=200 T=200 M=3000 P=3Given Wk = 50; Pk = 100; Yc = 300: Profits in the Consumer Goods sector equals: