Consumption $500 Government Expenditures $200 GNP $800 Gross Private Domestic Investment $100 Imports $100 Exports $50 Questions: 1. Using the data above, GDP is equal to __________________. 2. Using the data above, Net Exports is equal to _____________.
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Consumption $500
Government Expenditures $200
GNP $800
Gross Private Domestic Investment $100
Imports $100
Exports $50
Questions:
1. Using the data above,
2. Using the data above, Net Exports is equal to _____________.
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- Saved ring Output and Income Homework A The table below shows nominal GDP, exports, and imports for the United States. Nominal GDP, Exports, and Imports Imports (billions of dollars) Nominal GDP (billions of dollars) Exports (billions of dollars) Year $2,299.7 2,325.0 $2,745.9 2,866.8 ok 2015 $16,933.7 2016 17,549.8 nt Instructions: Round your answers to 1 decimal place. If you are entering a negatiw ences a. Calculate the value of net exports in 2015. $. billion b. Calculate the value of net exports in 2016. $4 billionConsider the following table showing the breakdown of GDP (in billions) for China. GDP Category Amount (in billions) Wages and Salaries 1000Consumption 1700Investment 700Depreciation 50Government Expenditure100Taxes 300Exports 50Imports 40Income receipts from rest of the world10Income payment to rest of the world50 What are net exports for China? 4. Suppose that GDP in Japan is 1030 and then grows to 1160 (all numbers in billions)What is the growth rate of GDP in Japan?Use the following information to answer questions 5 through 15: The tables below show data on prices and quantities of Oranges and Shoes produced in China. Data for 2014Price of Oranges Quantity of Oranges Price of Shoes Quantity of Shoes0.7 200 10 270Data for 2015Price of Oranges Quantity of Oranges Price of Shoes Quantity of Shoes0.9 150 14 250Data for 2016Price of Oranges Quantity of Oranges Price of Shoes Quantity of Shoes1.4 300 15 3305. Given this data, what is the Nominal GDP in 2014?6. What is the Nominal GDP in…1. Using the following table (hypothetical U.S. National Income and Product Accounts Data), choose the all the right statements. Category Consumption (personal consumption expenditures) Investment (gross private domestic investment) Government consumption (government expenditures) Exports Imports NFIA Net unilateral transfers I. II. IV. The GNE is 11,400 billion of dollars. The Current account is 805 billon of dollars. The Trade balance is -900 billion of dollars. The GDP is 10,550 billion of dollars. a. Only I b. I and III c. I and IV d. II and III e. I, III and IV Billions of dollars 8,000 1,300 2,100 900 1,750 +45 -20
- Would you usually expect GDP as measured by what is demanded to be greater than GDP measured by what is supplied, or the reverse?Find out net export of an american economy if import is $45,0000 and export is $75,000?A. Which expenditure category do each of the following items count in? Group of answer choices - (consumption, none, government spending, investment, net exports) you spend your tax refund on a new car built in America? the government builds a new school? you sell a used textbook to your friend? Company X buys solar panels built in China? B.Which of the following is an example of a durable good? Group of answer choices gasoline a television an ice cream cone a pair of socks
- What will happen to the net exports of Mexico when there is an increase in income in the United States? Ⓒ Net exports will increase because exports will increase. Net exports will decrease because exports will decrease. ONet exports will decrease because imports decrease. Net exports will increase because imports increase.rerer to the information provided in table 4 below to answer the question(s) that follow. Table 4 $Billions Depreciation Receipts of factor income from the rest of the world Government purchases Imports Payments of factor income to the rest of the world Net private domestic investment Personal income taxes 20 40 150 50 40 160 80 Personal consumption expenditures Dividends 700 10 Exports Amount of national income not going to households 70 30 Referring to table 4, calculate a. The values for GDP, GNP, and NNP. b. The values for national income, personal income, and disposable personal income.based on the information in the table and your cxalculations for question #1 and anycountries have a positive net exports
- Shane who is a farmer of a city bought a tractor worth $18,500 from an importer so that the mango orchard he is taking care of would bare more fruits to be exported later. A. Investment B. Consumption C. Import D. Net exportQ.7.2 Use the following composition of expenditure for the economy of a country named the Republic of Tapuwa, for the year ended 2019 to answer the questions below: COMPONENT R millions Consumption expenditure (C) Investment (I) 9 000 6 500 Government spending (G) 7 000 Exports (X) 1 800 Imports (Z) 2 400 Depreciation 700 Foreign payment to the rest of the 300 world Foreign payment from the rest of the 250 world Q.7.2.4 If it is predicted that the GDP will increase to 22 000 in 2020, calculate the growth rate between 2019 and 2020. Q.7.2.5 The measure of GDP for economic growth is not always perfect. Describe any two problems that are associated with GDP as a measure of economic growth.Q.7.2 Use the following composition of expenditure for the economy of a country named the Republic of Tapuwa, for the year ended 2019 to answer the questions below: COMPONΕNT R millions Consumption expenditure (C) 9 000 Investment (I) 6 500 Government spending (G) 7 000 Exports (X) 1 800 Imports (Z) 2 400 Depreciation 700 Foreign payment to the rest of the 300 world Foreign payment from the rest of the 250 world Show all calculations and formulae. Calculate the value of the country's GDE (Gross Domestic Expenditure).