49- Which of the following is true about GDP as ameasure of a country's economic health?a. It measures only those goods and servicesmade within a country.b.lt does not include profits earned by foreigncompanies within the country being measured.c. It does not include the services produced in acountry.d. It includes profits from companies' overseasoperations.48- A business is commonly considered a(n)a. structural grouping of people to accomplish aset of objectivesb.organized effort of individuals to produce andsell, for a profit, the goods and services thatsatisfy society's needsc.systematic arrangement of people to sell goodsor servicesd.systematic grouping of people to establishprocedures, rules and regulations

9- Which of the following is true about GDP as a heasure of a country's economic health? . It measures only those goods and services hade within a country. .It does not include profits earned by foreign ompanies within the country being measured. . It does not include the services produced in a ountry. . It includes profits from companies' overseas perations. 8- A business is commonly considered a(n) . structural grouping of people to accomplish a et of objectives .organized effort of individuals to produce and ell, for a profit, the goods and services that atisfy society's needs -systematic arrangement of people to sell goods r services

9- Which of the following is true about GDP as a heasure of a country's economic health? . It measures only those goods and services hade within a country. .It does not include profits earned by foreign ompanies within the country being measured. . It does not include the services produced in a ountry. . It includes profits from companies' overseas perations. 8- A business is commonly considered a(n) . structural grouping of people to accomplish a et of objectives .organized effort of individuals to produce and ell, for a profit, the goods and services that atisfy society's needs -systematic arrangement of people to sell goods r services

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A. For each of the following examples, state if you think it is included in the 2010calculation for the Philippine GDP. The benefits of clean air and water. Government pays its fiscal debt interest in 2010. The sale of a new car from a manufacturer’s inventory in 2010. Judy sells her antique collection. Environmental destruction of mining operation in Antique. The sale of a used car. A newly constructed house. Road widening with a 6-month contract that started in January 2010. Government pays its debt interest in 2010. A 1962 Camaro sold to a collector in February 2010. A tractor produced by local automobile company in May 2010 and sold to a farmer in September 2010. A cell phones produced in August 2010 in Shanghai China. A car produced in Philippines in 2010 but sold to a customer in January 2011. Nonmarket goods such as homemaking and child-rearing. Estimated values of activity in the underground economy. Purchases and sales of goods produced in previous periods. Imported rice from…
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2 Identify the one that is not considered as a limitation of GDP as a measure of welfare. a. Working time b. Over adjustment for inflation c. Environment quality d. Underground economic activities
Year 1 2 3 Alta (Real Multiple Choice O GDP) $ 2,000 2,100 2,200 Refer to the table. Between years 2 and 3, O O Zorn (Real GDP) $ 150,000 152,000 154,000 Alta (Population) 200 202 210 both country's real GDP per capita decreased. populations for both countries increased by the same amount. Zorn's real GDP grew more rapidly than Alta's real GDP. Zorn's real GDP grew by 1.3 percent. Zorn (Population) 500 505 508 B
The level of nominal GDP in 2000 was 10.098 billion. The level of nominal GDP in 2021 is projected to be 432.197 billion . Total nominal GDP of this country has increased by. the last 20 years ? % in
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For a nominal GDP of 33,000 and GDP deflator of 110, calculate real GDP. A.) 30,000 B.) 272.72 C.) 33,000 D.) Can not be determined
Only DEF not ABC please. Thankyou
Refer to the table given. The gross domestic product (GDP) in billions of TL i .. TL Billions Government purchases Services consumption Receipts of factor income from the rest of the world Nonresidential investment 1000 500 30 650 Exports Durable goods consumption Change in business inventories Imports Nondurable goods consumption Payments of factor income to the rest of the world Residential investment 50 300 40 200 600 50 200 3440 2900 3140 3650
GDP 1. Calculate the values for the blanks in the shaded areas of the table below: Expenditure Components of GDP by Country, 2020 (83Son of current US dollars) Australia Canada Denmark Finland Japan India 1617 137.9 873 65.9 C E FOOD 80.0 65.3 16 0.5 L M N 195.4 97.G 1725 96.7 Household consumption Government expenditure Investments Gross fixed Investments Changes in inventories Net Exports Exports Imports A: ÄÜÄ÷ B: C: D: E: F: G: H: I: J: 746.5 K: L: 297.2 A 316.9 4.3 3152 254.7 943.7 371.8 B 377.7 (147) K 476.0 509.8 M: N: 0: P: 1,591.7 Q: R: 292.1 722.0 97.0 4973 $11.3 કીડી || T: 2.700.7 Y: 1,066.4 1,279.5 106 785.4 786.2 New Zealand UK 122.0 43.7 G 47.3 (p.s) P 46A GDP S U W Y Source: GOP by Type of Expenditure at current prices-US dollars, Retrieved 7/27/2022. National Accounts Estimates of Main Aggregates United Nations feste Division 472 Z: ZZ: 1,683.7 2. Based on the information in the table and your calculations for Question #1: Do any countries have positive net exports?…