From the data below calculate the gross national product at factor cost:  Ksh. Million Imports 42,000 Value of physical increase in stock 1,300 Exports 43,000 Capital formation 25,000 Government expenditure 29,000 Consumer expenditure 84,000 Taxes on expenditure 20,000 Subsidies 3,000 Net property income from abroad 400

Q: ii. Explain three (3) non price determinant of demand for celery.

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Q: Table 1 Production Function and Demand for Labor Schedules Real GDP (billions of 2012 dollars) 165-…

A: Real wages will be wages adapted to swelling, or, comparably, wages as far as the measure of labor…

Q: If a McDonald's Happy Meal costs $3, how many Happy Meals per week c Instructions: Round your…

A: Given information: A McDonald's Happy Meal costs $3 France's Per Capita income (in 2016) = $38,477…

Q: Given the Aggregate Expenditure schedule for Country A below. Calculate national income and net…

A: We know,National income=C+I+G+(X-M)Y=C+I+G+(X-M)Now,Y=34141+17926+9042+(36872-26812)Y=71,169

Q: solve c and d part only...hand written

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A: The used approach, otherwise called the spending approach, ascertains spending by the various…

Q: The following national income data are available for a country. All data are in billion dollars.…

A: Economic growth refers to the increase in the value of output or income in a country over a certain…

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A: There are normally 4 sectors in the economy namely household sector, business sector, government…

Q: the Cicular Flow of Economic Activity

A: Answer A circular flow of economic activity is a model showing the fundamental monetary…

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A: Gross domestic product refers to the final value of all final goods and services produced in a…

Q: nole numbe a What is the value of exports? billion b What is the value of national income? billion e…

A: here we can calculate the export and national income by using the formula which are as follow-

Q: Find the national income

A: Given:- Sr.No  Particle  Rs Crores i. Wages and Salaries 1,000 ii. Net current transfers to…

Q: Given the Aggregate Expenditure schedule for Country A below. Calculate national income and net…

A: Y=C+I+G+(X-M)Now, For 2003,Y=34,141+17,926+9,042+(36,872-26,812)Y=61,109+10,060Y=71169

Q: Gross domestic product refers to the value of goods and services produced in an economy. Select one:…

A: Gross Domestic Product refer to total or monetary value of all final goods and services produced in…

Q: 7. () Below is a list of domestic output and national income figures for a given year. All figures…

A: NDP = GDP – consumption of fixed capital = 365 – 27 = 338

Q: ( in crores) Contents S.No. 1,000 Coventubjou-pd 20 (i) Wages and Salaries och (ii) Net Current…

A: Generally in the given question Wages and salaries = 1000 Net current transfer to abroad = 20 NNP at…

Q: Problem 2. Complete the following table: Income (Y) Consumption (C) АРС MPS (2) () 2,000 1,900 3,000…

A:

Q: Real GDP is O national income plus exports O national income minus exports O GDP divided by the…

A: Gross domestic product is the summation of a country's final goods and services. The increase in GDP…

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A:

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A: GUVEN GATA   In millions pesos227 residential fixed 2,684 wages and other enployee supplements 422…

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A: Gross private domestic investment (GPDI) is defined as the measure of physical investment that is…

Q: 15) Sweetland's GDP is $100 billion, desired consumption is $70 billion, desired in- vestment is $30…

A: Export refers to the sale of goods and services produced in one country to buyers in another…

Q: Using the table above, please compute the following 1. aggregate expenditure totals and the missing…

A: Gross domestic product: It is the value of all final goods and services produced in the domestic…

Q: If a country produces 100 units of goods and it consume 60 units. Calculate the value of surplus and…

A: Production in country = 100 units  Consumption in cosutry = 60 units

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A: The bookkeeping system that measures the levels of economic activity in an economy over a given…

Q: Table 1 Production Function and Demand for Labor Schedules Quantity of labor demanded (billions of…

A:

Q: requires inputs of 0.30 unit from agriculture, 0.30 unit from manufacturing, and 0.20 unit from…

A: A consumption matrix displays the share of each sector's output that each sector, including itself,…

Q: Katniss works for the Panem Bureau of Economic Analysis. Panem produces three goods: bread and axes,…

A: We know that, GDP is the money value of all final goods and services that can be produced within a…

Q: Assume there are only two producing sector Y & Z in an economy. Calculate a) Gross value added at…

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Q: Depreciation Indirect taxes Subsidies 380 1700 1600 Calculate: a) GDP at market price b) GDP at…

A: Gross domestic product (GDP) is the standard measure of the value added created through the…

Q: Instructions: Enter your answers as whole nu a. What is the value of exports? $ b. What is the value…

A: Exports refer to goods and services, or commodities produced within a country's Domestic border and…

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A: The gross domestic product minus depreciation on a country's capital goods equals the net domestic…

Q: 5 Output and Consumption (in millions of dollars) Real GDP (Y) Consumption (C) Gross Investment (1)…

A: Given,Real GDP: Y=$42 millionConsumption: C=$28 millionGross Investment: G=$9 millionGovernment…