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- The total production made by the major industries of a country comprises the country’s _______. a. Gross output b. Net Income c. Gross domestic product d. Gross incomeThe gross domestic product is:Country C had made foreign investment in countries A and B. Country C had not received any investment from foreign countries. Assuming no person worked outside his/her own country, answer if C’s GDP was higher than, lower than, or equal to C’s GNP.
- List two economically important activities not captured in GDP.Most American workers _________are employed in the service-producing sector.are employed in the agricultural sector.are employed in the goods-producing sector.are employed by government.Gross Domestic Product represents... Group of answer choices The degree of globalization The value of the total production in a country The ratio of exports relative to the total production in a country The sum of imports and exports of a country
- Government Purchases $ 15 Personal Consumption 100 Gross Investment 20 Consumption of Fixed Capital (depreciation) 5 Exports 8 Imports 12 Refer to the accompanying data (all figures in billions of dollars). GDP is Multiple Choice $131. $135. $139. $121.The GNP of a country is $200 billion, receipts of factor income from the rest of the world are $10 billion, payments of factor income to the rest of the world are $30 billion, and depreciation is $25 billion. What is the GDP and the Net National Product?Countries are being classified/categorised based on economic, social, environmental indicators. Among the most common indicators of analysis within which a country is analysed and ranked are the Gross Domestic Product (GDP) and Human Development Index (HDI). As a foreign investor, which indicator (GDP and HDI) should you utilise in determining the attractiveness of a country for potential investments. Explain thoroughly.
- Goods imports 635 Goods exports 419 Services imports 144 Services exports 215 Net unilateral transfers -35 Investment income received 278 Investment income paid 225 Capital account -3 Net US acquisition of financial assets 84 Net US incurrence of of liabilities 158 Net change in financial derivatives -21 Statistical discrepancy Based on Table 9.2, this country has a statistical discrepancy of Group of answer choices -35 -32 0 32 35gross private domestic investment $1593 personal taxes 1113 transfer payments 1683 taxes on production & imports 695 corporate income taxes 213 personal consumption expenditures 7304 consumption of fixed capital 1393 US Exports 1059 dividends 434 government purchases 1973 net foreign factor 10 undistributed corporate profit 290 sociual security contributions 748 US imports 1483 statistical discrepency 50 Refer to the accompanying national income data (in billions of dollars) CORPORATE PROFITS are equal to?Following are data relating to a nations operation last year. Capital consumption allowances : $150 million Undisturbed corporation profits : 40 million Personal consumption expenditures 450 million Personal savings : 50 million Corporate inventory valuation adjustment : -5 million Federal government deficit : -30 million Government purchases of goods and services : 10 million State and local governments surplus 1 million Net exports of goods and services :-2 million Gross private domestic investment :200 million. Required: Calculate the nation's (GDP).
