Let us assume that Ukrainian consumers have some similar consumption habits as the Polish consumers, and a consumer electronics company wants to estimate the market size for new TV sets in the Ukraine comparing with Poland, for which the firm possesses information on the sale of the TVs. Its proxy variable used in the estimation is GDP per capita as shown in a table below (All the data are hypothetical). Poland Ukraine GDP per capita $34,103 $13,110 TV Sets Sold 6.17 million ??? Now using the analogy method, find how many TV sets the company can estimate to sell in Ukraine. Write in the answer here: units, and show the entire process you took below, to receive proper credit.

One way of measuring standard of living is by using real GDP per capita. a) Complete the table below by calculating Real GDP per capita for the 3 years (remember to show your work for at least one year): Years 1 2 3 Real GDP (in millions of dollars) $5,720 6,496 7,392 Population (in Real GDP per thousands) capita 220 224 231 b) By what percentage this country's RGDP per capita rose between year 1 and 3? Show your work!

The text makes numerous cross-country comparisons, but that does not mean that we have to restrict our analysis to countries. Consider the per capital real GDP data for six U.S. states between 1997 and 2018. 1997 2008 California 42,792 67,698 West Virginia 32,627 39,495 New York 53,846 73,531 Texas 45,091 58,417 Colorado 47,335 59,057 Ohio 42,086 51,456 What is the difference in terms of average growth rate between the fastest growing state and the slowest growing state?

The diagram plots GDP per worker vs. capital per worker, both across countries in 1990 (the scatter plots) and the trajectories since 1760 for a few representative countries (the paths). Based on this information, which of the following statements is correct? 40,000 US (1800-1990) 35,000- Switzerland 30,000 - (1990) UK (1760-1990) 1953 25,000 - Japan (1870-1990) 1973....A 20,000 - Taiwan (1901-1990). 15,000 - 1910 10,000 - 1910 5,000 - .1760 1800 ʻIndia (1860-1990) 0- 10,000 20,000 30,000 40,000 50,000 60,000 70,000 80,000 Capital per worker (1985 PPP $) Select one: а. There is no clear evidence of technological progress in GDP per worker in the US. b. Taiwan was more capital intensive than the UK in 1990. O c. The average product of capital (Y/K) has been higher in Japan than in the UK over the years shown. d. Switzerland has been the most successful country in attaining a high GDP per worker for a given amount of capital per worker. GDP per worker (1985 PPP $)

According to the figure showing 2020 GDP for selected countries, how much larger (in percentage terms) is America's GDP than: 21.43 14.34 5.08 United China Japan States b. Russia? % larger Copyright © McGraw Hill LLC. Permission required for reproduction or display. GROSS DOMESTIC PRODUCT (in U.S. $ trillion) % larger 3.86 2.87 2.83 1.70 1.27 Germany India Great Britain Russia Mexico Source: Gross Domestic Product 2020. The World Bank Group, March 2021 0.53 Sweden Instructions: Round your responses to the nearest whole number. a. Germany? 0.21 Greece 0.01 Haiti

63,080 47,090 United 44,940 States Germany 41,310 30,600 ueder 21,600 GDP per Capita (2018) (In U.S. dollars) ipnes Παναγ 11,124 10,230 امي الحمد المحمود حجم خون هم می می می می 9,460 9,180 aver d 7.480 China 2.020 360 Cuba India 800 790 Nigeria Halt Ethiopia

Calculate the PPP-adjusted GDP for each of the four countries, using the information found in the table below. Instructions: Round your answers to the nearest dollar. Country Ona Rye Zolfo Avon GDP ($) 9,000 12,800 14,100 23,100 Price level (%) 8 -24 -12 23 PPP-adjusted GDP 8,333 -3,072 16,022.73 18800 M

GDP is often calculated using the expenditures approach, where you add up all spending in four categories: Consumption (C) + Business Investment (I) + Government Spending (G) + Net Exports (Xn).  Based on the data you viewed, you can assume that due to the COVID-19 pandemic, the US GDP took the largest hit from which of the expenditure categories? 
-Consumption

 -Business Investment

Government -Spending

 -Net Exports

The figure depicts the annual number of hours worked against GDP per capita in the US, France, and the Netherlands between 1870 and 2000. Which of the following is true? (OUP-U3-Q3-01) Annual hours worked 3.500 1800 3,000 1900-191 2,500 2.000 1,500 L000 1870 1,000 1929 1929 1900 19501960 FRANCE 1938 6.000 1973 1973 11.000 1973 1980 1960 1990 1995 16,000 GOP per capita 1500 2000 2000 NETHERLANDS 21,000 US 21,000 2000 1) The graph proves that workers in the US produce higher outputs than their counterparts in France or the Netherlands because they work longer hours. 2) US workers have always worked longer hours than French or Dutch workers have. 3) The Great Depression in 1929 had the effect of reducing both hours worked and output in both the US and France. 4) As GDP per capita increases, the number of hours worked continues to fall in all countries shown.

The text makes numerous cross-country comparisons, but that does not mean that we have to restrict our analysis to countries. Consider the per capital real GDP data for six U.S. states between 1997 and 2018. California West Virginia New York Texas Colorado Ohio 1997 42,792 32,627 53,846 45,091 47,335 42,086 2008 67,698 39,495 73,531 58,417 59,057 51,456 What is the difference in terms of average growth rate between the fastest growing state and the slowest growing state? Please answer with one significant figure after the dot.