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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Construct the Circular Flow Diagram to show how GDP is calculated. Show the relationship between Product Markets, Firms Factor markets and Households. Label all parts and describe.
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Homework The Aggregate Economy Revenues Expenditures GDP Year (Billions of dollars) (Billions of dollars) (Billions of dollars) 2000 2,025 1,789 9,817 2001 1,991 1,863 10,128 2002 1,853 2,011 10,470 2003 1,783 2,160 10,961 2004 1,880 2,293 11,686 Plot the data for revenues and expenditures as a percentage of GDP on the following graph, rounded to the nearest percent. Use the purple points (diamond symbol) for expenditures and the green points (triangle symbol) for revenues. Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. 25 EXPENDITURES AND REVENUES (Percent of GDP) 15 10 0 2003 > Expenditures 2004 2005 1999 2000 2001 2002 YEAR In which years was the government's budget in deficit? Check all that apply. 2000 2001 2002 U 2003 2004 In 2001, the national debt by 4 Revenues X A-Z हे
A hypothetical country of Narnia produces only movies and popcorn. Quantities and prices of these goods for the last several years are shown in the following table. The base year is 2017. Year 2016 2017 2018 2019 Price (Dollars per movie) 7.6% 7.5% Movies 7.2% 7% 10.00 11.00 12.00 12.00 Quantity Quantity (Movies) (Dollars per bag) (Bags) 500 600 650 625 Popcorn Refer to Table 23-5. What was the rate of inflation for Narnia in 2019? (Hint: round-off to the nearest decimal point) Price 5 4 5 6 1,000 900 950 925
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Table 1 Quantity Price Quantity Price Item 1990 1990 1991 1991 Coffee 10 ---- 8 $50 Sugar 20 $1 15 $2 Refer to table 1 to answer the below question. In 1990, consumers in Dexter consumed only Coffee and Sugar. The prices and quantities for 1990 and 1991 are listed in table 1. The reference base period for Dexter's is 1990 and the Nominal GDP1990 was 320. Calculate the consumer price index (CPI) in 1991 * 59.37 134.37 168.75 118.75
The table below presents a brief summary of City Y’s total spending, local GDP, and population changes. Read the table and answer the following questions. 2010 2020 Total spending ($ million) 89 104.12 Local GDP ($ millions) 110 134 Population 50,000 56,275 CPI deflators (2012=1) 0.96 1.05 Calculate per capita spending in 2010 and 2020, respectively, using constant dollars. *Results round to the nearest dollar. Calculate the compound annual growth rate of per capita spending from 2010 to 2020 Interpret what the two spending-to-GDP ratios tell us about City Y’s spending trend. Assuming City Y’s population grows at a constant rate in the next decade. Based on the information in the table, estimate City Y’s population in 2030.
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Analysis of the Data The following data is taken from The Economic Report to the President 2018. It comes out once a year in April (I think). You should take a look at one just for kicks. Here are the data: 2007 2017 GDP (Y) $14.47 trill $19.38 trill C $9.75 trill $13.39 trill I $2.60 tril $3.19 trill Given the data in the table above, what is the rate of economic growth for the U.S. economy from 2007 to 2017? Is the rate of growth in consumption and investment spending similar to the rate of growth for the overall economic system from 2007 to 2017? Provide mathematical proof. The GDP for China was $12.14 trill. in 2017; $13.61trill in 2018; and $14.14 trill in 2019. World experts have noted that the rate of growth for China has slowed. Calculate the rates of growth for each of the two years. Are the experts correct? Why? According to the International Organization of Motor Vehicle Manufacturing (IOMVM), South…
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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