Answer complete parts... Question 1Given the following data for a country A for the year ended December 2021ItemsRM MillionPrivate expenditureGovernment expenditureGross private investmentGross government investment5000440010001200Increase in stock300Net ExportWage and salariesInterest, rent and dividend110040002000Net factor income from abroad140Depreciation380Indirect taxes1700Subsidies1600Calculate:a) GDP at market priceb) GDP at factor costc) GNP at factor costd) GNI at factor cost

Gross domestic product (GDP) is the standard measure of the value added created through the…

Answered: Depreciation Indirect taxes Subsidies…

Depreciation Indirect taxes Subsidies 380 1700 1600 Calculate: a) GDP at market price b) GDP at factor cost c) GNP at factor cost di GNL at factor r cost

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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National Income DeterminationThe following figures are from data on Good Island EconomyItems $mNet private investment 940Depreciation 56Compensation of employees 2 256Corporate taxes 416Personal taxes 756Personal Consumption expenditure 4 386Government purchases 3 182Indirect business taxes minus subsidies 482Payment of factor income to the rest of the world 95Corporate profits minus dividends 56Government transfer payments and interest 243Exports 855Receipts of factor income from abroad 186Imports of goods and services 385Social insurance payments 332 Required: Use the above information to answer the followingi.) Calculate for Good Island:a. Gross private investment b. Gross Domestic product c. Gross National Product d. Net National Product e. National income f. Personal Income g. Disposable Personal Income
Spring20 fall20 Which of the following expressions equals GDP? Select one: a. compensation of employees + gross investment + rental income + depreciation + corporate profits + indirect taxes-subsidies b. compensation of employees + consumption + depreciation + net investment O C. compensation of employees + net expdsts + depreciation + corporate profits d. compensation of employees + net interest + rental income + depreciation + corporate profits + proprietors' income + indirect taxes - subsidies Next page
ln a hypothetical country, consumption was $3100, exports were 5400, GDP was 55000, imports were 5500, and investment was 51400. What were this country's government purchases? a)$160 b)$1200 c) $500 d)$5000
Assignment If you have the following data that representing an economy of a country as follow: transfer payments 355 Indirect taxes 315 Wages social security deductions personal taxes (direct taxes ) Imports 2335 125 410 350 Rent 250 income of foreigners inside Jordan 450 Exports retained (undistributed) profit 145 70 Interest 360 Depreciations transfer payments 50 355 income of the Jordanian from abroad 300 Gross private investment expenditures corporate taxes Government expenditures 750 275 740 Profit 475 According to the above information answer the following questions: 1. find the following values related to GDP accounts : • Gross domestic product (GDP) according expenditure approach = • Net domestic product (NDP) = • Domestic income (DOI) = • Gross national product (GNP) = • Net national product (NNP) = National income (NI) = Personal income = • Disposable personal income (DPI) = household savings (S) = %3D Cash Dividends ( distributed profit) = 2. Find the Gross Domestic Product…
Explain the term energy balance table. Using the section 3 of the energy balance table of Ghana 2020, discuss the implications of the distribution of final energy consumption among the economic agents
Referto the information provided in Table below to answer the questions that Billions Receipts of factor income from the rest of the world 20 Depreciation Government purchases Imports Payments of factor income to the rest of the world 30 90 40 40 150 90 500 Net private domestic investment Personal taxes Personal consumption expenditures Dividends Exports Amount of national income not going to 10 60 30 households 1- The value for GDP in billions of dollars 2- The value for GNP in billions of dollars 3- The value for NNP in billions of dollars 4- The value for national income in billions of dollars 5- The value for disposable personal income in billions of dollars
Problem 1 Given the following table: $Billions 40 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 30 100 50 50 200 120 Personal consumption expenditures Dividends 600 20 Exports Amount of national income not going to households 60 20 Calculate: 1- GDP 2- GNP 3- NNP 4- National Income 5- Personal Income 6- Disposable Income
Preview File Edit View Go Tools Window Help 81% Wed Mar 25 5:09 PM Eco4100MidtermSpring2020.pdf (page 5 of 9) Search Eco4100MidtermSpring2020.. creen Shot -0....01.06 PM pounds of chicken creen Shot -0....02.41 PM K lk 20 10 4 12.5 25 pounds of burger 6) Max has allocated $100 toward meats for his barbecue. His budget line and an indifference map are shown in the above figure. What is the price of chicken? A) $0.80/lb B $1.25/lb C) $4/lb D) $5/lb burger Me heeod tn erhh H d 3. PAGES MAR 25
Refer to the information provided in Table Table Compensation of employees Proprietors' income Corporate profit Net interest $Billions 475 60 40 25 Rental income Deprecation Indirect taxes 10 70 40 Direct taxes 80 Subsidies 15 Pay ments of factor income to the rest of the world Receipts of factor income from the rest of the world 20 15 Refer to Table The value of disposable income in billions of dollars Select one: a. cannot be calculated given the information in Table b. is 505. C. is 605. d. is 560.
The following diagram shows select information for an economy made up of three industries for a particularly year. i+wtr+p Industry 1 f-40 10 Hwtrtp -0 20 90 30 Industry 2 +f-160 i+wtr+p f-0 Industry 3 m- 100 iminterest, wwages/salaries;r=rent pprofit, m=intermediate inputs, s= maket value of total industry output; f=market value of industry output sold as 'final' products. Note: All values are in billions of doll ars What is the gross domestic product (at factor prices) for this economy? none is correct O $400 billion O $600 billion O $330 billion 24237/take/gustion/200 EX
Time remaining: 01:59:30 Economics 1: Suppose the nation of Utopia has the following national income and product accounts.Depreciation 50Exports 65GDP 500Gross Private Domestic Investment 90Government Purchases of goods & services 100Government transfer payments 80Imports 75Income paid to foreigners for their contribution to domestic output 15Income received by citizens for factors of production supplied abroad 20a. What are Personal Consumption Expenditures?b. What is GNP?c. What is Net Private Domestic Investment? 2:Suppose I offer to give you $1000 in two years if you give me $900 today. Is this a good deal if . . a. the interest rate is 2%?b. the interest rate is 5%?c. the interest rate is 10%?