Q5) The following information is extracted from the National Income Accounts of an economy. Values 130 Particulars Exports of goods and services Depreciation Government expenditure Gross domestic investment 525 450 750 Imports of goods and services 135 27,500 Personal consumption expenditure Find the value of net domestic product.

Q5) The following information is extracted from the National Income Accounts of an economy. Values 130 Particulars Exports of goods and services Depreciation Government expenditure Gross domestic investment 525 450 750 Imports of goods and services 135 27,500 Personal consumption expenditure Find the value of net domestic product.

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter6: Tracking The U.s. Economy

Section: Chapter Questions

Problem 1.2P

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e the information in the table to answer the folowing qustiona. Al numbers are in bilions of 2012 dolars Govermment Purchases (G) $2.00 $2.500 $2.500 $2.500 $2.500 Pianned investment ( $1.000 Net Exports (NK) Real GOP (Y) Consumption (C) $12.000 $13.000 $14,000 $15.000 $10.000 $9.500 $10.250 $1.000 -$500 -$500 -5500 -$500 -$500 $1.000 $1,000 S11,750 $1.000 $12.500 $1.000 The equibrum level of GOP is S bilion The MPC is (snter your reaponse to two decimal places) Suppose that net exporta increase by $200 blion. Using the multiplier formua, determine the new level of GOP. AS200 bilon increase in net exports leads to a change in spending of S bilion, so the new level of GDP wi be billon
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Q5) The following information is extracted from the National Income Accounts of an economy. Particulars ValuesExports of goods and services 130Depreciation 525Government expenditure 450Gross domestic investment 750Imports of goods and services 135Personal consumption expenditure 27,500Find the value of net domestic product
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