Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
how much was the net primary income from the rest of the world in 2019?
![Refer to Table 1(year 2018) and Table 2 (year 2019).
How much was the net primary income from the rest of the world in 2019?
Table 2: B+C+D+E+F+G -I
Table 2 F-E
O (Table 1: A+B+C)* (1 + Table 2: H) - (Table 2: I)
(Table 1: A+B+C) / (Table 2: J) *100 - (Table 2: I)
None of these](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F004a591f-eafb-400f-a3e4-7bb972ff1b7c%2Fbad726e7-bee9-41fb-a555-ed7d43d8da68%2Fmipgoyj_processed.png&w=3840&q=75)
Transcribed Image Text:Refer to Table 1(year 2018) and Table 2 (year 2019).
How much was the net primary income from the rest of the world in 2019?
Table 2: B+C+D+E+F+G -I
Table 2 F-E
O (Table 1: A+B+C)* (1 + Table 2: H) - (Table 2: I)
(Table 1: A+B+C) / (Table 2: J) *100 - (Table 2: I)
None of these
![Refer to Table 1(year 2018) and Table 2 (year 2019).
Table 1. Year 2018
Value-added of agriculture, fishery and forestry sector, in thousands of
A
pesos
1,762,616
B Value-added of industry sector, in thousands of pesos
c Value-added of the service sector, in thousands of pesos
D Household Final Consumption Expenditure, in thousands of pesos
E Gross Domestic Capital Formation, in thousands of pesos
F Exports, in thousands of pesos
G Net Primary Income from the Rest of the World, in thousands of pesos
H CPI (base year: 2012)
I Government Final Consumption Expenditure, in thousands of pesos
J Statistical Discrepancy, in thousands of pesos
5,582,525
10,920,048.47
13,250,084
4,909,105
5,518,573
1,940,973
117.3
2,199,637
50,000.26
Table 1. Year 2019
Value added of agriculture, fishery and forestry sector, in thousands of
A
1,722,211.13
pesos
B Value added of industry sector, in thousands of pesos
C Government Final Consumption Expenditure, in thousands of pesos
D Household Final Consumption Expenditure, in thousands of pesos
E Imports, in thousands of pesos
F Exports, in thousands of pesos
G Statistical Discrepancy, in thousands of pesos
5,887,238
2,444,698
14,288,140
7,858,660
5,530,950
H Growth Rate, Gross Domestic Product at current prices
6.85%
Gross National Product at current prices, in thousands of pesos
21,463,514.52
J CPI (base year: 2012)
K GDP Deflator (base year: 2018)
L Population, 15 years old and over, in thousand persons
120.2
100.76
72,933
M Population, below 15 years old, in thousand persons
28,240
Population, 15 years old and over not included in the labor force, in
N
thousand persons
28, 240
O Labor force employed
94.93%](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F004a591f-eafb-400f-a3e4-7bb972ff1b7c%2Fbad726e7-bee9-41fb-a555-ed7d43d8da68%2Fj03q5yb_processed.png&w=3840&q=75)
Transcribed Image Text:Refer to Table 1(year 2018) and Table 2 (year 2019).
Table 1. Year 2018
Value-added of agriculture, fishery and forestry sector, in thousands of
A
pesos
1,762,616
B Value-added of industry sector, in thousands of pesos
c Value-added of the service sector, in thousands of pesos
D Household Final Consumption Expenditure, in thousands of pesos
E Gross Domestic Capital Formation, in thousands of pesos
F Exports, in thousands of pesos
G Net Primary Income from the Rest of the World, in thousands of pesos
H CPI (base year: 2012)
I Government Final Consumption Expenditure, in thousands of pesos
J Statistical Discrepancy, in thousands of pesos
5,582,525
10,920,048.47
13,250,084
4,909,105
5,518,573
1,940,973
117.3
2,199,637
50,000.26
Table 1. Year 2019
Value added of agriculture, fishery and forestry sector, in thousands of
A
1,722,211.13
pesos
B Value added of industry sector, in thousands of pesos
C Government Final Consumption Expenditure, in thousands of pesos
D Household Final Consumption Expenditure, in thousands of pesos
E Imports, in thousands of pesos
F Exports, in thousands of pesos
G Statistical Discrepancy, in thousands of pesos
5,887,238
2,444,698
14,288,140
7,858,660
5,530,950
H Growth Rate, Gross Domestic Product at current prices
6.85%
Gross National Product at current prices, in thousands of pesos
21,463,514.52
J CPI (base year: 2012)
K GDP Deflator (base year: 2018)
L Population, 15 years old and over, in thousand persons
120.2
100.76
72,933
M Population, below 15 years old, in thousand persons
28,240
Population, 15 years old and over not included in the labor force, in
N
thousand persons
28, 240
O Labor force employed
94.93%
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![ENGR.ECONOMIC ANALYSIS](https://compass-isbn-assets.s3.amazonaws.com/isbn_cover_images/9780190931919/9780190931919_smallCoverImage.gif)
![Principles of Economics (12th Edition)](https://www.bartleby.com/isbn_cover_images/9780134078779/9780134078779_smallCoverImage.gif)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
![Engineering Economy (17th Edition)](https://www.bartleby.com/isbn_cover_images/9780134870069/9780134870069_smallCoverImage.gif)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
![Principles of Economics (MindTap Course List)](https://www.bartleby.com/isbn_cover_images/9781305585126/9781305585126_smallCoverImage.gif)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
![Managerial Economics: A Problem Solving Approach](https://www.bartleby.com/isbn_cover_images/9781337106665/9781337106665_smallCoverImage.gif)
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
![Managerial Economics & Business Strategy (Mcgraw-…](https://www.bartleby.com/isbn_cover_images/9781259290619/9781259290619_smallCoverImage.gif)
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education