Production of T Consumption of T Export of T Production of S Consumption of S Import of S TOT GDP Before Growth 5000 4000 4600 1,5 After Growth 5800 4525 1,5 Percentage Change
Production of T Consumption of T Export of T Production of S Consumption of S Import of S TOT GDP Before Growth 5000 4000 4600 1,5 After Growth 5800 4525 1,5 Percentage Change
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Complete the table. Please note that the world price of T in terms of S is 1,5 and GDP calculated in terms of S.
![Before Growth After Growth
Percentage Change
Production of T
5000
5800
Consumption of T
Export of T
Production of S
4000
4525
Consumption of S
Import of S
4600
TOT
1,5
1,5
GDP](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F42383538-1bd7-4d7b-840c-069c06f79a5e%2F96eb3ae4-f3e7-490e-a5cf-1559d7a857f2%2F8o3m41j_processed.png&w=3840&q=75)
Transcribed Image Text:Before Growth After Growth
Percentage Change
Production of T
5000
5800
Consumption of T
Export of T
Production of S
4000
4525
Consumption of S
Import of S
4600
TOT
1,5
1,5
GDP
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