Give a brief analysis of the data found in the chart created QTR4QTR3QTR2QTR1014500100001650014900150001140022000184752000040000350004000042000KPT EnterprisesQuarterly Schedule of RevenueFor the year ended December 31, 2020520006000065000720007500080000100000120000125000140000OtherInvestment IncomeInterestSales

The given chart indicates the sources of revenue for KPT Enterprises for the year ended. The…

Answered: Give a brief analysis of the data found…

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Economics

Give a brief analysis of the data found in the chart created

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Give a brief analysis of the data found in the chart created

QTR4
QTR3
QTR2
QTR1
0
14500
10000
16500
14900
15000
11400
22000
18475
20000
40000
35000
40000
42000
KPT Enterprises
Quarterly Schedule of Revenue
For the year ended December 31, 2020
52000
60000
65000
72000
75000
80000
100000
120000
125000
140000
Other
Investment Income
Interest
Sales

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The table below is extracted from Happyland Republic, Bureau of Statistics records for 2019- 2020. Use the information in this table to answer the questions that follow. Base year 2019 Productio Items 2020 Productio Price Price n n Used cloth (units) 4,000 50.00 5,000 60.00 Components used tractor factory production (units) Cloth (units) 1,200.0 8,000 500.00 11,000 8,000 25.00 12,000 30.00 Beef gifts during cultural festival (Kg) Milk (litres) Computers (Units) Printers (Units) Raw materials for car assembling plant (Units) 1,500 2.00 1,700 3.00 5,000 2,000 500.00 500 300.00 4,500 250.00 1.30 7,000 2.50 2,500 600.00 400 355.00 4,450 300.00 i. Calculate Happyland Republic's nominal GDP, real GDP in 2020. Also, calculate the GDP deflator if 2019 is used as the base year. Show your work.
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The table below is extracted from HappylandRepublic, Bureau of Statistics records for 2019-2020. Use the information in this table to answer the questions that follow. Items Base year 2019 2020 Production Price Production Price Used cloth (units) 4,000 50.00 5,000 60.00 Components used tractor factory production (units) 8,000 500.00 11,000 1,200.00 Cloth (units) 8,000 25.00 12,000 30.00 Beef gifts during cultural festival (Kg) 1,500 2.00 1,700 3.00 Milk (litres) 5,000 1.30 7,000 2.50 Computers (Units) 2,000 500.00 2,500 600.00 Printers (Units) 500 300.00 400 355.00 Raw materials for car assembling plant (Units) 4,500 250.00 4,450 300.00 1. Calculate HappylandRepublic’s nominal GDP, real GDP in 2020. Also, calculate the GDP deflator if 2019 is used as the base year. 2. Double counting must be avoided when measuring GDP. State and examine…