uppose GDP in this country is $1,365 million. Enter the amount for consumption. Nationa ncome Account Value (Millions of dollars) Government Purchases (G) 350 Taxes minus Transfer Payments (T) 280 Consumption (C) ? Investment (1) 3215
Q: What led to the demise of the Bretton Woods Exchange Rate System?
A: The US dollar was tied to the value of gold under the Bretton Woods System, and other currencies…
Q: And how is this connected to an investment in human capital? Would the ROI or IRR be a better KPI…
A: Introduction IRR and ROA both are used to measure performance of a project either the project is…
Q: Irfan has the budget constraint described in the graph below. If Irfan purchases 1 hour of tutoring…
A: A budget line shows all the combinations of the two goods that a consumer can buy given his budget…
Q: for producers to to pro why? Explain f. e. What will happen to total surplus in the market if 110…
A: A equilibrium is the point where firm maximise the profit and produce efficient level of production…
Q: Economics A firm's marginal product is 12 and its marginal product of capital is 4 A)Assuming that…
A: Marginal Product of Labor: MPL=12 Marginal Product of Capital: MPK=9 Wages: w=9 Interest : r=3…
Q: n a game, you are given a chance to own 20,000 in $100 banknote denomination. What you need to do is…
A:
Q: no population growth Assume Cob-Douglas production Yt = K (AL) E L=1), saving as a constant…
A:
Q: company is considering buying a cnc machine. in todays dollars the maintenance cost for the machine(…
A: In the given question company is going to purchase a machine. It has service life of 5 years.…
Q: he time to assemble the first unit on a production line is 11 hours. The learning rate is 0.86.…
A: Given: First Unit (T₁) = 11 We need to find T5 (fifth unit). Formula for the learning curve would be…
Q: If the demand for a good increases with a decrease in its pric the good is: A normal good. O An…
A: Equilibrium is achieved at the output level where Qs equals Qd.
Q: J 7 What is the ordinary simple interest on 7000 for 8 mos and 15 days if the rate of interest is…
A:
Q: Q1: There are two equations for macroeconomic equilibrium in an economy. State them Show…
A: Macroeconomic equilibrium can be defined as a point wherein the amount of aggregate demand rises to…
Q: Determine the mode choice (personal vehicle or bus system) for the following regression model:…
A: The utility is the measurement of the level of satisfaction one receives from consuming a good or…
Q: Economics according the concepts of Islamic finance and banking,explain the way raise enough capital…
A: Islamic finance is the practise of raising funds in line with Sharia, or Islamic law, by enterprises…
Q: Which of the following is true in the United States? O A. Only state governments can collect taxes.…
A: The answer is - D. Only the federal government can collect taxes
Q: Assume in the market with two consumers, Chloe and Oliver. Chloe's utility function is U(x, y) = 2x…
A: When there are no more adjustments that can be made to the economy that can make one person better…
Q: The following prices and quantities produced were recorded in computer land during the years shown…
A: Numerically, nominal GDP is the sum of the market value of goods and services produced in a given…
Q: there is a onsu 2 where P is price and q the a two-part quantity sold. Th tariff, what is the fixed…
A:
Q: Discuss "free market economy" using definition, characteristics, advantages and disadvantages
A: Free market is market where economic decisionwhat to produce, how to produce and for whom to produce…
Q: Producter of: P(lik) = -2 (²-k² + 20 ( +20k 2=4 k=S Y = 1200 how to distribute the mustment between…
A: The optimal input bundle is such where MPK / MPL = Wage rate / Cost of capitalWhere MPK = Marginal…
Q: Which of the following are reasons the aggregate demand curve is downward sloping? Chelk all that…
A: Aggregate demand curve shows the total demand for final goods and services in an economy. It can be…
Q: (3) Given the equilibrium price and demand (denoted by Po and Qo), the consumer surplus (CS) is…
A:
Q: The table shows statistics for three Canadian cities at several different points in time. What was…
A: Unemployment rate is the ratio of unemployed people to the labor force. Given: Labor force in…
Q: If a country's real GDP per capita declines, this means that which of the following may have…
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: The blue curve on the following graph represents the demand curve facing a firm that can set its own…
A: A manufacturer's extra money by selling one more unit of his product is referred to as "marginal…
Q: 8. The reserve requirement, open market operations, and the money supply Consider a banking system…
A: Formula to calculate money multiplier:- k=1rr…
Q: The graph for the MPL has a negative slope but it's above the horizontal axis. This means that: a.…
A: MPL (Marginal productivity of labour): MPL refers to the increase in the total production when…
Q: 2. Models of inventory systems frequently consider the relationships among opening stock, production…
A: (a). Ending inventory for period j = closing stock from the previous period (beginning inventory for…
Q: The following graph shows the annual market for Florida oranges, which are sold in units of 90-pound…
A: The point where demand and supply intersect each other give rise to equilibrium. Demand is more…
Q: what lessons about food security can the world learn from indigenous farmers/communities? Explain…
A: Food security refers to the amount of food that is available, accessible, and affordable. Food…
Q: An economy is in a state of productive efficiency, when it distributes fairly the goods and services…
A: Productive efficiency is defined as an economic concept that states about producing the maximum…
Q: When Ahmed's income was $2,00, he bought 6 bagels and 10 donuts a month. Now his J income is $1,500…
A: Income elasticity of demand is used to find the ratio between relative change in quantity demanded…
Q: There are three new employees at your company. One has been assigned the cubicle next to yours. You…
A: It is given that the new employee is given a cubicle next to me. We both are dating each other.
Q: 1. What is meant by wage- price flexibility mechanism? How was it shown by the classical economists…
A: Classical economists do not believe in the government intervention in the economic activities.…
Q: models are important ways of simplifying information in economics. if you were to use models to…
A: A lot of time of the researchers and scientists go into the formulation of models and then the…
Q: A direct inducement that offers an extra value or incentive for the product to the sales force,…
A: Singer Bangladesh Ltd was founded in 1905, when the first Singer sewing machines were sold in…
Q: give an example each of firms that you feel have small, moderate and large MES
A: The minimal efficient scale (MES) is the lowest point on a cost curve where a company can create a…
Q: Show that the real wage implied by price-setting behaviour is a constant fraction of the marginal…
A: Real wage: It refers to the wages of the people that they actually get. The increase in real wages…
Q: Assume a model where marginal propensity to save is 0.2, the marginal propensity to import is 0.1…
A: Answer: Given, Marginal propensity to save (mps)=0.2Marginal propensity to import mpm=0.1Marginal…
Q: Which of the following statements is NOT correct? O The long-run total cost curve is the lower…
A: Marginal rate of technical substitution is the rate at which input factor labour and capital is…
Q: variable production cost and the price of a product were both reduced by $1.00 per unit, which of…
A: If variable production cost and the price of of product were both reduced by $1 per unit then break…
Q: Discuss the problem of unemployment in India
A:
Q: Which of the following are yield curves NOT used for? a.Explaining the relationship between…
A: The answers are- a.Explaining the relationship between inflation and interest rates. e.Explaining…
Q: Stakeholders are: a) customers and competitors who interact with the business. b) groups or…
A: A business entity has stakeholders to whom it has a responsibility.
Q: Illustrate the differences
A: The field of economics is distributed into microeconomics, i.e., the analysis of individual markets,…
Q: As you mentioned, measuring the black market economy is not easy. Do you have any thoughts on how to…
A: Black market:- One of the distinguishing features of this market is that it is done in cash. This…
Q: QUESTION 5 Player 2 Left P1: $12 P2: $45 P1: $10 P2:$10 Player 2 Left P1: $22 Player 1 Up P2: $22…
A: Answer (5): Dominant strategy: dominant strategy refers to the strategy always chosen by a player no…
Q: Price (dollars per soda) 2.50 2.00 1.50 1,00 0.50 Market Price 0 5 10 15 20 25 Quantity (thousands…
A: The measure that depicts various quantities of goods and services being demanded at various levels…
Q: 27
A: MC =30 P= 100-Q And monopoly is able to charge perfect price discrimination.
Q: Sandra has a short-run cost function of producing good 1 of c(q) = 4q² + 40 where q is the quantity…
A: Given the information: TC = 4q2+40Price = P = MR = $24
FIND CONSUMPTION?????
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Complete the following table by using
- Suppose GDP in this country is $5800 million, Enter the amount for investment. Value National Income Account (Millions of dollars) Government Purchases (G) 200 Taxes minus Transfer Payments (T) 260 Consumption (C) 300 Investment (I) Complete the following table by using national income accounting identities to calculare national saving. In vour calculations, use data from the preceding table. National Saving (S) million Complete the following table by using national income accounting identities to calcutate private and public saving. In your calculations, use data from the initial table, Private Saving- malion Public Saving milion Based on your calculations, the government is running a budget14 150 you have these informations representing an economic activities for a mentioned country as following disposable personal income 500 government revenues 520 corporate taxes 100 gross investment expenditures 400 PROFIT 300 consumption expenditures 450 government expenses 430 DIVIDENDS 70 net investment expenditure 350 find the value of the following accounts 1- national savings ? 2- Business savings ? 3- government savings ? 4- Retained profit? 5- Depreciations ?3) The value for net exports in billions of dollars is A) -200. B)-150 C) 50. D) 250. 4) The value for gross domestic product in billions of dollars is A) 2,900. B) 3140 C) 3,440. D) 3,650.
- 4. The J-curve Effect: Time Path of Depreciation Consider trade in automobiles between the United States and Europe. The average European car costs €15,000. Suppose that the United States does not import any other goods and services from other countries. In March, the U.S. dollar-euro exchange rate is $1.16 per euro, and the United States imports 90,000 European cars at this exchange rate. Therefore, in March, the United States spends a total of ▼ on imported European cars. If the total value of U.S. exports is $0.52 billion, the United States has net exports of In May, the U.S. dollar-euro exchange rate rises to $1.31 per euro. U.S. consumers respond to the dollar depreciation by reducing their imports to 85,000 European cars. Assuming that the average cost of a European car remains €15,000, the United States spends a total of imported European cars in May. If the total value of U.S. exports remains $0.52 billion, the United States has net exports of Suppose the U.S. dollar-euro…ADVANCED ANALYSIS Linear equations for the consumption and saving schedules take the general form C= a+ bY and S=-a+ (1- b) Y, where C, S, and Yare consumption, saving, and national income, respectively. The constant a represents the vertical intercept, and b represents the slope of the consumption schedule. a. Use the following data to substitute specific numerical values for a and b in the consumption and saving equations. National Income (Y) Consumption (C) $ 70 100 140 210 200 300 280 350 480 Instructions: If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers: b. What is the economic meaning of b? MPC What is the economic meaning of (1- 6)?Suppose GDP in this country is $900 million. Enter the amount for consumption. Value National Income Account (Millions of dollars) Government Purchases (G) 250 Taxes minus Transfer Payments (T) 325 Consumption (C) Investment (I) 275 Complete the following table by using national income accounting identities to calculate national saving. In your calculations, use data from the preceding table. National Saving (S) 2$ million Complete the following table by using national income accounting identities to calculate private and public saving. In your calculations, use data from the initial table. Private Saving million Public Saving 2$ million Based on your calculations, the government is running a budget
- 16. Write the name of the three missing categories of expenditure that contribute to a country's GDP. exports Draw a picture that accurately represents each category. Several pictures or categories are already filled in for you. consumption + 1 + = + GDPCOMPONENT 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 theworld 300 Foreign payment from the rest of the world 250 Q1. Determine the value of the country’s NNI (Net National Income) atmarket price. Q2. If it is predicted that the GDP will increase to 22 000 in 2020,calculate the growth rate between 2019 and 2020.стор 0 The goverment report that (GDP) Increased by 1.6 6 1.6 percent in the last quater. This statement means that GOP Increased @by 6.4 percent for the year (6) rate of 6.4 percent 1 at an annual rate of 6.4 during last quater Ⓒ) at an annual rate of 1.6 during the las quater d at an annual rate of 4 4 percent during the last quater.
- 1. There is a country, which is located in the south of the Mediterranean. This country's GDP is 500 billion USD and the population is 40 million. The total Used Electric Power capacity is 50 GW, the energy mix (electrical energy produced in one year by each primary source) is as follows; Hydro = 25 %, Photovoltaic = 5%, Wind = 10 %, Natural Gas = %40 and Coal = 20% a) Calculate the produced electrical energy by each primary sources for one year. b) Calculate the electrical energy consumed per capita and compare it with Europe average. c) The Electrical energy is 1/3 of the total energy consumed (TPES) in this country. Obtain the Energy intensity. d) Calculate the total CO₂emissions in one year while producing electricity.9:20 197% O a 36l Show Timer ¥ Question Completion Status: yovtmItni taptists DIVIDENDS 70 net investment expenditure 300 find the value of the following accounts : 1- national savings ? 2- Business savings ? 3- Government savings ? 4- Retained profit? 5- Depreciation ? ) A Moving to another question will save this response. « K Question 2 of 9 Il>6. Components Wages and salaries Rent, dividend & interest Companies distributed profits Companies undistributed profits Transfer payment Factor income received from abroad Factor income paid abroad Personal income tax EPF SOCSO Retained earning Depreciation Insurance premium Calculate : a. GDI b. GNI C. NNI d. Personal Income e. Personal disposable income RM/ Billion 90 40 60 20 10 30 15 9 5 4 5 3 6