please zoom the table!!!construct the graph for the Gross domestic product at current prices, manufacturing and wholesale and retail trade, accommodation, and restaurants. Munit discription $ millionsS million smillion Smillion llonmillo milion millonsmillion S million Smillon s mitions milonsmilion $millonS million Smillion mion s mlion $mion| s milion Smilion smillion milion112 31querter123423234142343Data Category and Componentyears201520152015201520162016201620162017201720172017201620182018201920202018201920192019202020202020Agriculture27.748 27.938 31.8/3 30.435 26.157 25.806 29.337 27.74B 27.938 31.873| 30.435 26.157 25.806 29.337 27.433 25.726 25.354| 29.946 28.S8632.480 31.66525.365 26.619Mining and Quarrying32.141 29.598 28.073 31.514 | 33.489 33.727 32.686 | 32.141 | 29.598 28B.073 31.514 33.489 33.727 32.686 34.872 33.974 34.306 28.845 32.240 30.85120.798 20.806 22.208Manufacturing70.892 | 74.946 76.020 71940 | 73.899 77.680 79.324 70.892 74.946| 76.020 77.940 73.899 77.680 79.324| a0.773 76.618 B1.110 82.093 84.11479.281 66.092 84.022 86.293Electricity, Gas and Water8.318 8.6218.641 8315 a7389.115 9.208 8.865 9.338 9.7607.5227.977 B.0958.1167,90310.176 10.494 10.5228.7389.8349.66110.2969.30610.20910.529Construction16.659 16.041 17.179 16.673 17.655 16.971 18.166 16.659 16.041 17.179 16.673 17.655 16.971 18.166 17.255 17.902 17.275 18.148 17.54216.753 9.60915.888 15.126Wholesale and Retail Trade,Accommodatilon and Restaurants51.26451.984 | 56.305 60.687 55.180 56.232 | 60.976| 65.920 60.720 62.570 67.437 72.322 65.893 68.145 74.400 79.127 71.293 73.612 | 80.234 85.20i354.934 75.097 79.19173.547Transport, Storage andCommunication25.772 26.539 26.887 27.287 20.059 20.593 29.026 29.637 30.570 31.180 31.437 32.117 33.194 3.90s 34.00225.16334.559 35.683 36.204 | 36.589 35.805 30.587 35.316 | 34.037Finance, Insurance, Real Estate andBusiness Services32.176 | 32.022 33.927| 33.359 33.761 34.356 36.056 35.592 36.318 36.805 38.919 38.689 | 38.746 39.418 41.148 41.002 41.238 41.860 43.989 42.886 35.297 40.323 41.39231.939other Services14.387 14.628 14.713 14.924 15.281 15.599 15.656 15.938 16.29513.99/16.648 16.712 17.030 17.386 17.845 17.8s 18.197 18.596 19.107 19.17818.74214.996 17.3/4 17.163Government Services23.940| 24.90s | 27.757 24.473 25.149 26.957 29.643 26.410 26.990 28.569 30.906 27.689 28.218 29.6B1 32.419 28.866 29.262 30.586 33.G02 30.12123.18130.299 32.138 35.251Less : FISIM NndistrilutedPas : rynort dutins3.1513.7473.6214.1804.1361.0183.9484.3984.6614.6794.7485.1925.2274.6103.2554.3944.1624.3594.3413.5634.2644.1983.2484.517

Gross domestic product measures the value of the output produced within the domestic territory of an…

Answered: construct the graph for the Gross…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The table contains price and quantity information for two vehicle models produced by Ford Motor Company, the F-series trucks and Escape SUVs. 2016 2016 2017 2017 price quantity price quantity Ford Escape SUV's $24,485 307,069 $24,645 308,296 F-Series Trucks $44,400 820,799 $47,800 896,764 A. Calculate the amount contributed by Ford to U.S. GDP (real and nominal) from the sales of the two models in 2016 and 2017. B. Determine the growth rate of nominal GDP (if Ford were the entire economy). C. Determine the growth rate of real GDP (if Ford were the entire economy).
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Consider an economy that produces only wood and houses within its borders each year. $200,000 worth of wood is produced; $800,000 worth of homes is produced. Of the $200,000 worth of wood that's produced, $120,000 of it is used in home construction. Assuming this is the only relevant information, calculate this economy's GDP, carefully following all numeric instructions.
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2006 2006 2011 2011 Product Quantity Price Quantity Price Movies 20 $6.00 30 $7.00 Burgers 100 $2.00 90 $2.50 Bikes 3 $1,000.00 6 $1,100.00 Use the information to calculate (a)Nominal GDP of 2011 and (b)Real GDP in the year 2011 (Assume 2006 as the base year). (c)ls it ever possible for Real GDP to be higher than Nominal GDP of any year? when? ( 1-2 LINES ONLY)
The table contains price and quantity information for two vehicle models produced by Ford Motor Company, the F-series trucks and Escape SUVs. 2016 2016 2017 2017 price quantity price quantity ford escapes $24,485 307,069 $24,645 308,296 ford trucks $44,400 820,799 $24,645 896,764 a. Calculate the amount contributed by Ford to U.S. GDP (real and nominal) from the sales of the two models in 2016 and 2017. b. Determine the growth rate of nominal GDP (if Ford were the entire economy). c. Determine the growth rate of real GDP (if Ford were the entire economy).
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List and describe the components of Gross Domestic Product on the demand side. Provide an example of each component. Also, be sure to account for the relative size of each component within the total GDP.
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Tornadoes destroy factories and a severe drought ruins crops. Draw a graph that shows 3 curves and find the inital and resulting PL and GDP.

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