N2 An economy produces only apples and oranges. The table shows the prices andthe quantities of apples and oranges produced in 2020 and 2021.In 2020ItemQuantityPriceIf the base year is 2021, calculate the economy's nominal GDP and real GDP in2020.ApplesOranges60$0.5080$0.25Nominal GDP in 2020 is $In 2021ItemQuantityPriceApplesOranges160$1.00$2.00220

Nominal GDP = sum of (the price of the year * quantity of the year)Nominal GDP in…

Answered: An economy produces only apples and…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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M12
4
U.S. / U.K. Foreign Exchange Rate, U.S. Dollars to One British Pound (n = 60 days) Date Rate 1-Nov 1.2950 4-Nov 1.2906 5-Nov 1.2870 6-Nov 1.2872 7-Nov 1.2829 8-Nov 1.2790 12-Nov 1.2855 13-Nov 1.2840 14-Nov 1.2879 15-Nov 1.2901 18-Nov 1.2965 19-Nov 1.2926 20-Nov 1.2918 21-Nov 1.2915 22-Nov 1.2829 25-Nov 1.2885 26-Nov 1.2850 27-Nov 1.2881 29-Nov 1.2939 2-Dec 1.2936 3-Dec 1.3002 4-Dec 1.3095 5-Dec 1.3165 6-Dec 1.3127 9-Dec 1.3157…
Clemont deposited P 10000 at the bank today. If the interest rate is 15% annually and inflation per year is constant at 5%, what is the worth of his total earnings 10 years from now? P 40455.58 O P 16288.95 P 4026.38 O P 24836.22
As Financial Manager what would be your decision on assets and investment matters to meet profit maximization? Choose the best answer. 1. A financial manager must choose between four alternative Assets: 1, 2, 3, and 4. Each asset costs P35,000 and is expected to provide earnings over three years as described below. Based on the profit- maximization goal, the financial manager would choose ASSET YEAR YEAR 1 2 1 21,000 15,000 6,000 2 9,000 15,000 21,000 3 3,000 20,000 19,000 4 6,000 12,000 12,000 А. Asset 1 В. Asset 2 C. Asset 3 D. Asset 4 Why the financial manager should maximize their wealth? How would they prove that there was a transaction so that the demander will be able to repay the supplier on time and at the right amount? Do you think using those financial institutions would help the company to grow
5 Question Let Y be the present value of an 11-year term continuous annuity of $1 per year for an insured aged.x. Let х,п Y be the present value of a whole life continuous annuity of $1 per year for an insured aged.x. Given a constant force of interest, 8, show that: ()]))/(b
Our company is considering to start a new product. We must choose between 3 options. Use Excel to decide which option to choose (if any). o Option 1 costs $10,000 and will earn $2000 annually O Option 2 costs $15,000 and will earn $2750 annually Option 3 costs $20,000 and will earn $3500 annually O Letâ€™Ms define the lifetime of the products as 30 years. In Excel, construct a table and graph of the 3 Present Worths versus interest rate Summarize in a table at which range one is preferred over the other
Gabe purchases a $500 bond that has 6 remaining semi-annual 6% coupon payments for $450. What would be his return per half year period? Round entry to 1 decimal place. The tolerance is ±0.4.
(Table) Based on the table, the value for B is: Q 0 5 11 18 A 38 50 61 71 80 85 L 0 1 2 3 4 5 6 7 8 9 10 O 10. O 11. 9. O 13. MPP 0 5 6 7 9 B 12 11 10 9 5 P $8 $8 $8 $8 $8 $8 $8 $8 $8 $8 $8 VMP 0 40 48 56 72 88 C 88 80 72 40 W $80 $80 $80 $80 $80 $80 $80 $80 $80 $80 $80
10. Find the amount due at the end of 15 months whose present value is P2,000 at 5% simple discount. ANSWER: 2,133,33

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