1. In 2022 the Finnish GDP is estimated to grow by 1,7 %. If it was 253 billion euros in 2021, how much should it be at the end of 2022 according to the estimation? How much is the growth in absolute terms. (in euros)
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- Calculate the value of output if:- Net value added at factor cost = $200 Intermediate consumption = $120 Depreciation = $20 Tax = $40 Subsidy = $10 All values are in millionThe board of your company discusses a possible future price increase of 20% for one of the products. The argument against the increase is a decrease in sales due to the increased price. With how many units (pieces), sales can fall, without changing the total gross margin, with the following data for your company.Current sales price per piece SEK 600Variable costs per piece SEK 450Current sales volume 10,000 pieces2. Compute for the number of blocks that an ice plant must be able to sell per month to break-even based on the following data: Cost of electricity paid per block = P20 Tax to be paid per block = P2 Real state tax = P3,500 per month Salaries and wages = P25,000 per month Others = P12,000 per month Selling price = 55 per block
- - 16 (10%) (page 2 of 3)- Google Chrome urses.open.uwi.edu/mod/quiz/attempt.php?attempt3D43724&cmid3D461748&page=D1 Exchange 2020 12015 Mathematical Methods of Economics I | S2 20 Ensure that you show ALL workings. Graphs NOT required. n tyn- A company produces two types of can openers: Model I and Model 2. Each require the use of three machines: A, B and C. Model I requires 2 hours on machine A, 1 hour on machine B and 1 hour on machine C. Model II requires 1 hour on machine A, 2 hours on machine B and 1 hour on machine C.The maximum number of hours available for machine A, B and C are 180, 160 and 100 respectively. The profit on Model I is $4 and Model Il is $6. on Write down the LP model. Identify the coordinates of the extreme points of the feasible region. Paragraph -BIEE W 99+You work for a pharmaceutical company that has developed a new vaccine. The patenton the vaccine will last 15 years. You expect that the drug’s profits will be $2 million in itsfirst year and that the profit will grow at a rate of 5% per year for the next 15 years. Oncethe patent expires, other pharmaceutical companies will be able to produce the same drugand competition will likely reduce growth to 1% per year. a. What is the present value of the new drug if the cost of capital is 8%? b. What is the drug’s present value if competition causes the company to havenegative growth of -5% (i.e., minus 5%) after the first 15 years?Table A On Taxable Income ... The Tax Rate is ... Up to $8,375 12% From $8,375 to $34,000 14% From $34,000 to $82,400 24% From $82,400 to $171,850 27% From $171,850 to $373,650 33% Over $373,650 34% Refer to Table A. If Randy has $80,000 in income, his average tax rate is (assume a standard deduction of $12,500) 15.79% 20,2%. 21.8%. 25,0%. none of the above
- Assume there are only two producing sector Y & Z in an economy. Calculatea) Gross value added at market price by each sector b) National income from the followings:Items Amount in CroresNet factor income from abroad- 20Sales by Y= 1000Sales by Z= 2000Change in stock of Z= -200C Closingstock of Y= 50 Opening stock of Y= 100Consumption of fixed capital by Y & Z= 180Indirect taxes paid by Y & Z= 120Purchase of raw material by Y= 500Purchase of raw material by Z= 600Exports by Z= 70Based on the data, answer the questions. Earner Sally Pat What is Sally's tax rate? 38% 33% O 28% 24% Annual income amount $94551.00 $304557.00 What is Pat's tax rate? 0000 O 22% 31% 33% 24% Income tax amount $31201.83 $73093.689- A restaurant sells juices for R$8.00 and sandwiches for 12.00. The monthly fixed costs with salaries and fees are R$25,000.00. Variable costs are R$2.20 for juices and R$2.80 for sandwiches. In addition there are 10% commissions on sales. Taxation is single and 15% of sales. Consider that whoever buys juice eats a sandwich and that the monthly rent paid at the new store is R$ 25,000.00. The company is at break-even point. How many meals should you sell monthly? * a) 4000 b) 5000 c) 4250 d) 5250
- The YTM on Apple bond is 3%. The tax rate is 21%. What is the after-tax cost of debt? Select one: a. 2.50 O b. 3% С. 2.37% O d. 2.75%The American company produces cars in the territory of Russia. To do this, t imports auto parts produced in the US, for a sum of 20,000 dollars Then workers build cars, the cost of which is 35000 dollars. $5,000 goes to pay indirect taxes, $7,000 for workers' salaries (of which $2,000 is the wages of US citizens working for hire), The remainder of the funds is the company's net profit. Determine how the activity of this company is takeoJoto count in GDP and GNI of Russia and the United States and in the National Income of Russia and the US 1. Russian GDP will increase by 2. Russian GNP will increase by 3. US GDP will increase by 4. US GNP will increase byJane quit her job at IBM where she earned $50,000 a year. She cashed in $50,000 in corporate bonds that earned 10% interest annually to buy a minibus. Jane has decided to buy the mini-bus and set up a commuter service between Lincoln and Omaha. There are 1000 people who will pay $400 a year each for the commuter service; $280 from each person goes for gas, maintenance, insurance, and depreciation. She estimates that her entrepreneurial skills would have typically yielded a normal profit of $5,000 in another business. (a) Complete the following questions: (1) What are Jane’s total revenues? (2) What are Jane’s explicit costs? (3) What is her accounting profit? (b) List the important implicit costs that Jane has not included. (c) What is Jane’s pure economic profit (loss)?