Answered: Calculate the value of consumption of…

Calculate the value of consumption of fixed capital from the following:- NNP at FC = 4,000 GDP at MP = 5,000 Net indirect taxes = 300 Net factor income from abroad = 200

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp

Section: Chapter Questions

Problem 9QP

See similar textbooks

Similar questions

The gross domestic product (GDP) of Country A is $2 trillion in year 1. What value of investment will increase its GDP to $4.5trillion in year 2? (present your result in the nearest billion dollars, i.e., no decimal places) Assume that the average disposable income and consumption (in real $) of this country's citizen are provided in the table below. Year Income Consumption 1 60,000 50,000 64,726 51,259
Calculate personal disposable income if:- Personal income = $31,000 Personal taxes = $16,000 Miscellaneous receipts of government = $5000
None
Refer to the table given. Personal consumption expenditures in billions of TL are ... TL Billions Government purchases Services consumption Receipts of factor income from the rest of the world Nonresidential investment Exports Durable goods consumption Change in business inventories Imports Nondurable goods consumption Payments of factor income to the rest of the world Residential investment 1000 500 30 650 50 300 40 200 600 50 200 900 1400 1600 1100
Refer to the table given. The value for gross private domestic investment in billions of TL i. .. TL Billions Government purchases Services consumption Receipts of factor income from the rest of the world Nonresidential investment Exports Durable goods consumption Change in business inventories Imports Nondurable goods consumption Payments of factor income to the rest of the world Residential investment 1000 500 30 650 50 300 40 200 600 50 200 E 810 850 890 740
u.edu.tr/mod/quiz/attempt.php?attempt=3214468&cmid%3D203021 Refer to the information provided in Figure 23.3 below to answer the question(s) that follow. amadı inden 270 miş 200 işaretle 130 60 450 100 200 300 Aggregate income (Y) Figure 23.3 Refer to Figure 23.3. The equation for the aggregate saving is Lütfen birini secin. O A S= -130 +0,4Y O B. S= 140 +05Y OC S= -80 +0.4Y ODS= -60 +03Y CES 200 +06Y Aggregate consumption (C)
Suppose GDP in this country is $1,540 million. Enter the amount for government purchases. National Income Account Value (Millions of dollars) Government Purchases (GG) Taxes minus Transfer Payments (TT) 455 Consumption (CC) 700 Investment (II) 490 Complete the following table by using national income accounting identities to calculate private and public saving. In your calculations, use data from the initial table. Private SavingPrivate Saving = = (t-g, y-t-i, c-t,y-c-t) = = million Public SavingPublic Saving = = (t-g, y-t-i, c-t, y-c-t) = = million Based on your calculations, the government is running a budget (surplus, deficit) .
Explain the key components of the below equation for open economy multipliers. How can we analyze the interaction between government expenditure and export in affecting national income/domestic output?
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= 70
4) Calculate the values for government purchases (G), private domestic saving (S), and private domestic investment (I) from the following information (all variables are in billions of dollars). National income Y = 5,200 Disposable income Consumption Budget Deficit Net Exports YD = 4,400 C = 4,100 BD = 150 NX = 110
Please help me!! Qx=1.0-2.0Px+1.5I+0.8Py-3.0Pm+1.0A Where Qx= sales of CFC cornflakes, in millions of 10-ounce boxex per year Px= the price of CFC cornflakes, in dollars per 10-ounce box I= personal disposable income, in trillions of dollars per year Py= price of competitive brand of cornflakes, in dollars per 10-ounce box Pm= price of milk, in dollars per quart A= adveritising expenditures of CFC cornflakes,in hundreds of thousands of dollars per year This year, Px=$2, I=$4, Py=$2.50 , Pm=$1, A=$2 Questions c) Estimate the level of sales next year if CFC reduces Px by 10 percent and increases advertising by 20 percent, Income rises by 5 percent, Py is reduced by 10 percent, and Pm remains unchanged. (d) By how much should CFC change its adveritsing if it wants its sales to be 30 percent higher than this year?
Capital expenditures may not be deducted from gross income. O True O False