(a) The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

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Answer 1

Question

Chapter 9, Problem 6P

To determine

(a)

The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

To determine

(b)

The nation that adopted policies in 2015 that lead to a shift in production from capital goods to consumption goods and the nation’s per capita real GDP is to be determined.

To determine

(c)

The nation that adopted the policies in 2015 that lead to a quick shift in the production from consumption goods to capital goods and the nations per capita real GDP in 2018.

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Hypothetical data is given for the following countries. Calculate real growth per capita in the following countries: Instructions: Enter your responses rounded to one decimal place. If you are entering a negative number, be sure to include a negative sign (-) in front of the number. a. Democratic Republic of Congo: population growth = 2.8 percent; real output growth=-1.6 percent. Real growth per capita: % b. Estonia: population growth-(0.6) percent; real output growth-4.5 percent. Real growth per capita:[ % c. India: population growth=1.7 percent; real output growth = 5.9 percent. Real growth per capita: [ % d. United States: population growth 0.7 percent; real output growth = 2.8 percent. Real growth per capita: [

Consider the following table displaying annual growth rates for nations X, Y, and Z, each of which entered 2020 with real per capita GDP equal to $20,000. Annual Growth Rate (%) Country 2020 2021 2022 2023 X 7 1 3 4 Y 4 5 7 9 Z 5 4 3 2 Part 2 a. The nation that most likely experienced a sizable earthquake. in late 2020 that destroyed a significant portion of its stock of capital goods, but was followed by speedy investments in rebuilding the nation's capital stock, is X . Calculate this nation's per capita real GDP at the end of 2023. $2000020000. (Enter your response rounded to the nearest dollar.)

Consider the following table displaying annual growth rates for nations X, Y, and Z, each of which entered 2020 with real per capita GDP equal to $20,000. Country X Y Z 2020 7 4 5 Annual Growth Rate (%) 2021 1 5 4 2022 3 7 3 2023 492 a. The nation that most likely experienced a sizable earthquake in late 2020 that destroyed a significant portion of its stock of capital goods, but was followed by speedy investments in rebuilding the nation's capital stock, is Y Calculate this nation's per capita real GDP at the end of 2023. $ (Enter your response rounded to the nearest dollar.)

Answer 2

Question

Chapter 9, Problem 6P

To determine

(a)

The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

To determine

(b)

The nation that adopted policies in 2015 that lead to a shift in production from capital goods to consumption goods and the nation’s per capita real GDP is to be determined.

To determine

(c)

The nation that adopted the policies in 2015 that lead to a quick shift in the production from consumption goods to capital goods and the nations per capita real GDP in 2018.

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Answer 3

Question

Chapter 9, Problem 6P

To determine

(a)

The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

To determine

(b)

The nation that adopted policies in 2015 that lead to a shift in production from capital goods to consumption goods and the nation’s per capita real GDP is to be determined.

To determine

(c)

The nation that adopted the policies in 2015 that lead to a quick shift in the production from consumption goods to capital goods and the nations per capita real GDP in 2018.

Expert Solution & Answer

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Answer 4

Question

Chapter 9, Problem 6P

To determine

(a)

The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

To determine

(b)

The nation that adopted policies in 2015 that lead to a shift in production from capital goods to consumption goods and the nation’s per capita real GDP is to be determined.

To determine

(c)

The nation that adopted the policies in 2015 that lead to a quick shift in the production from consumption goods to capital goods and the nations per capita real GDP in 2018.

Expert Solution & Answer

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Answer 5

Chapter 9, Problem 6P

To determine

(a)

The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

To determine

(b)

The nation that adopted policies in 2015 that lead to a shift in production from capital goods to consumption goods and the nation’s per capita real GDP is to be determined.

To determine

(c)

The nation that adopted the policies in 2015 that lead to a quick shift in the production from consumption goods to capital goods and the nations per capita real GDP in 2018.

Answer 6

Chapter 9, Problem 6P

To determine

(a)

The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

Answer 7

Chapter 9, Problem 6P

To determine

(a)

The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

Answer 8

To determine

(b)

The nation that adopted policies in 2015 that lead to a shift in production from capital goods to consumption goods and the nation’s per capita real GDP is to be determined.

Answer 9

To determine

(b)

The nation that adopted policies in 2015 that lead to a shift in production from capital goods to consumption goods and the nation’s per capita real GDP is to be determined.

Answer 10

To determine

(c)

The nation that adopted the policies in 2015 that lead to a quick shift in the production from consumption goods to capital goods and the nations per capita real GDP in 2018.

Answer 11

To determine

(c)

The nation that adopted the policies in 2015 that lead to a quick shift in the production from consumption goods to capital goods and the nations per capita real GDP in 2018.

Answer 12

Expert Solution & Answer

Answer 13

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Answer 14

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Answer 15

Ch. 9 - Prob. 9.1LO Ch. 9 - Prob. 9.2LO Ch. 9 - Prob. 9.3LO Ch. 9 - Prob. 9.4LO Ch. 9 - Prob. 9.5LO Ch. 9 - Prob. aFCT Ch. 9 - Prob. bFCT Ch. 9 - Prob. cFCT Ch. 9 - Prob. dFCT Ch. 9 - Prob. 1CTQ

(a) The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

Solution Summary: The author explains that the growth rate of country X was 7 per cent in 2015, which fell sharply to 1 percent in 2016 and regained to 3% next year.

(a)

The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

(b)

The nation that adopted policies in 2015 that lead to a shift in production from capital goods to consumption goods and the nation’s per capita real GDP is to be determined.

(c)

The nation that adopted the policies in 2015 that lead to a quick shift in the production from consumption goods to capital goods and the nations per capita real GDP in 2018.

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Chapter 9 Solutions

(a) The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

Solution Summary: The author explains that the growth rate of country X was 7 per cent in 2015, which fell sharply to 1 percent in 2016 and regained to 3% next year.

(a) The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

(b) The nation that adopted policies in 2015 that lead to a shift in production from capital goods to consumption goods and the nation’s per capita real GDP is to be determined.

(c) The nation that adopted the policies in 2015 that lead to a quick shift in the production from consumption goods to capital goods and the nations per capita real GDP in 2018.

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Chapter 9 Solutions

(a)

The nation that has experienced an earthquake in late 2015 and was followed by speedy investment in rebuilding the nation’s capital stock and the nations per capita real GDP at the end of 2018.

(b)

The nation that adopted policies in 2015 that lead to a shift in production from capital goods to consumption goods and the nation’s per capita real GDP is to be determined.

(c)

The nation that adopted the policies in 2015 that lead to a quick shift in the production from consumption goods to capital goods and the nations per capita real GDP in 2018.