Q: Calculate the value added by a firm with the following:- Domestic sales of the firm = $4000…
A: Value addition: - Value addition is the increase in the value of a product or any input by…
Q: In an economy:- Exports = $800 million Imports = $730 million Calculate the value of net exports
A: The information being given is:- Exports = $800 million Imports = $730 million We have to find net…
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A: The trade balance is the difference between export and import. i.e., Trade balance = Export -…
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A: The statistical discrepancy is the amount by the sum of the capital, current and financial account…
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A: The Given information is as follows:- Net exports = $150 million Imports = $180 million We have to…
Q: Import of an firm is $4300 and net export is $8400 what would be the export of a firm?
A: According to question we are given that Import =$4300 net export=$8400 we have to calculate export
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A: The current exchange rates are:1 US $ = 7.03 Chinese Yuan1 Chinese Yuan = 0.14 US $
Q: In an economy, Exports = $2100 million Imports = $1750 million Calculate net exports
A: Exports are goods and services delivered from one country to another. Imports are goods and services…
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A: For calculation of GDP we have many method like Income method , expenditure method , value added and…
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A: GDP refers to the money value of all final goods and services that are produced within the country…
Q: Government purchases of goods and services $150 Government borrowing $60 Government Taxes $100…
A: * SOLUTION :-
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A: ANS If the total of the nation’s imports is subtracted from the total of a nation’s exports, then we…
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A: Gross domestic product refers to the measurement that seeks to capture a country's economic output
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A: The GDP of India is given as 23,000 billion rupees and population is 1.1 billion rupees.
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A: GDP is a macroeconomic measure that is used to determine the total aggregate output produced in an…
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A: According to the given question The definition of national income usually tells about two important…
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Q: Exports of a country are $200 million and imports in the same year is $116 million Calculate net…
A: The information being given is:- Exports of the given country = $200 million Imports of the given…
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A: Electricity is consumed normally by people just as they consume other goods. Consumer have to pay…
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A: Businesses operate to make profit by producing output for which it needs to use various inputs.
Q: National income and domestic product must be equal. True or False
A: National Income is the total amount if gods and services produced in the economy during a given…
Q: The Consumer Price Index: O Reflects the prices of all goods and services produced domestically O…
A: CPI is the Consumer Price Index. This index tells us about the inflation and deflation.
Q: The total market value of all final goods and services produced by resources owned by a country,…
A: b. gross national product
Q: Gross domestic product is The monetary value of all final goods and services produced in a year The…
A: Gross Domestic Product (GDP) is the most commonly used measure of national income.
Q: U4 = 5+ /y 2 U5 = min(x, y) +; 2 Ug = 2 In(x) + In(y)
A: U4 =x2 + y Marginal utility of x: dUdx = 12 Marginal utility of y: dUdy = 12y Marginal rate of…
Q: Trade Pattern Of USA and China
A: The exchange of goods and services between different countries or an individual is referred to as…
Q: Personal income is national income minus Select one: a. depreciation. b. imports. c. the amount of…
A: Income refers to the earnings of the individuals. Disposable income is the income that remains after…
Q: Find the value added by a firm given that:- Domestic sales by firm = $5500 Exports by firm =…
A: The data presented in the question above is:- Domestic sales by firm = $5500 Exports by firm =…
Q: Find net Exports if :- Exports = $4300 million Imports = $3600 million
A: The data presented in the question above :- Exports = $4300 million Imports = $3600 million…
Q: When we express the value of goods in one country in terms of the same goods in another country, we…
A: Exchange rate is the value of a country’s currency. It is the rate at which one country’s currency…
Q: ) The net exports include a. the sum of imports minus exports. b. the sum of exports minus imports.…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
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A: The gross national product of a country is the total value of all goods and services generated by…
Q: Export of goods are = $508 Imports of goods are = $705 Balance of trade =?
A: As per the question Exports of goods = $508 And the imports of the goods = $705 Balance of trade = ?
Q: Difference between national income and national wealth.
A: National income and national wealth are two different aspects.
Q: Earnings such as wages, interests and dividends by residents who are living in other countries are…
A: In an economy, the income of residents are counted while calculating national income.
Q: Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income receipts…
A: * SOLUTION :- Based on the given information the calculation as follows.
Q: Calculate exports of firm A if its value added is $5000 million, domestic sales is $3200 and…
A: The information being given as:- Value added by firm = $5000 Domestic sales = $3200 Purchase = $1000…
Q: Do foreign direct investments have direct impact on gross domestic product?
A: Foreign direct investments refer to the investments made by the foreign country into some or the…
Q: Value National Income Account (Millions of dollars) Government Purchases (G) Taxes minus Transfer…
A: here we calculate the all terms ( public saving , private saving ,Government purchases) by using the…
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A: GDP (gross domestic product) is the sum total of all finished services and goods produced in an…
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A: The GDP is the Gross Domestic Product which is the summation of the money value of all the final…
Q: Meation 5 Developing country
A: Answer: Developing country: a developing country can be characterized as a country where most of the…
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