Based on the following data, GDP would equal ___ while Net National Product equals ___   in Billions Government Purchases $20 Exports $5 Imports $10 Depreciation  $5 Investments $25 Consumption $70 Domestic US businesses production abroad $15 Foreign businesses production in US $6 Group of answer choices $110 billion; $114 billion $110 billion; $101 billion $130 billion; $121 billion $130 billion; $139 billion

Q: Attached is a table, please use it to answer:   2018 Exports Answer (Remember to show work):

A: Answer: Given values (2018): Gross Domestic Product=$20,494.1Personal Consumption…

Q: 2018 GDP (in 2018 currency units) 395,000 million 2018 GDP (in 2010 currency units) 417,500 million…

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If…

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Q: In the economy of Russia in 2015, consumption was $3000, GDP was $6500, government purchases were…

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Q: Based on the following data, GDP would equal while Net National Product equals. in Billions…

A: The term "Gross Domestic Product" refers to the total monetary value of all final goods and services…

Q: Use the information in the next table to answer the questions that follow. (Hint: Assume this is a…

A: The employment, output, consumption and investment are given as follows.Employment levelReal…

Q: Why do we subtract import spending from total expenditures while calculating the GDP?

A: Imports are the goods and services that are bought from the rest of the countries to our country.…

Q: The following transactions took place in Ecoland in 2019: Trillions of 2015 dollars Government…

A: As per the policy , I can solve the first three subparts for you. Part a) GDP in 2015 = C + I + G +…

Q: Country Population GDP Paraguay 7.045 Million $38,150 Million

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Q: Suppose Country A has a NNP of $480 billion. Income receipts from the rest of the world are $26…

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Q: According to the figure showing 2020 GDP for selected countries, how much larger (in percentage…

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Q: EXERCICE 2: Nominal GDP vs Real GDP: Refer to the information provided in Table below to answer the…

A: Nominal GDP The nominal gross domestic product of a country measures the value of all final goods…

Q: Which of the following statements best describe how economists calculate GDP? Group of answer…

A: Gross domestic product is one of the methods of national income accounting.

Q: As an economist with the World Bank you have been asked to measure the Gross Domestic Product for…

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A: 4,7,8 and 9 would be included in GDP.

Q: The following table lists 2012 GDP per capita for four countries. The data are given in the national…

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Q: It is expected that in the next twenty years the gross domestic product of China will become larger…

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Q: The table below shows the values for several different components of GDP. Billions of Dollars $ 250…

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Q: Based on the GDP information in the table below for 2 countries:   Country A Country B GDP per…

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Q: South Africa has a GDP of $10 billion (measured in U.S. dollars) and a population of 45 million.…

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Q: In a farway country, banana is the most important crop exported to rest of the world. Data about…

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Q: Which of the components of GDP must increase if we are to experience greater rates of economic…

A: Hello, thank you for the question. Since there are multiple questions posted in the single question,…

Q: In 1980, Denmark had a GDP of $90 billion (measured in US dollars) and a population of 6.1 million.…

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Q: Question 1: For each of the activities listed below, determine if it should be included in…

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Q: Which of these is NOT part of GDP? Group of answer choices Consumer Spending Imports/Exports…

A: National debt Reduction is not a part of GDP.

Q: (i) Final goods that are produced but remain unsold in the current year should be excluded in the…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

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Q: Using the table below, calculate the GDP per capita for Country C. Round your answer to the nearest…

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Q: Given the following data for an open economy at current market prices for the year 2019: Net…

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Q: Ca=25+0.75 (Y-7) g=50 Xn=10 G=70

A: Aggregate demand= Aggregate Spending AD= C +I + G + NX At equilibrium  Income= Aggregate Spending Y=…