Real GDP is the of all goods and services produced in a period of time using prices. Group of answer choices a) summation; current b) value; base-year c) value; 1970 d) value; 1945 e) summation; base-year
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- GDP minus depreciation is the formula used to calculate a- Net national product b- Gross natioal Product c- Gross Domestic Product d- Natioal incomeUse the table below: Government spending Social Security 20 Contributions Corporate taxes 5 Personal 8 income taxes Rent Wages 50 Gross Private Domestic Investment 54 Consumption 250 expenditures 40 Profit Indirect business taxes Imports Exports 28 transfer payments 10 5 3 Interest 5 Depreciation 10 Government 8A nation’s gross domestic product is… a) C + I + G + (X-M)b) The total amount of money in circulationc) The total market value of all the intermediate goods and servicesd) The sum of value added at some stages of the production process
- Gross domestic product per capita is the ratio of total gross domestic product to population.gross domestic product, a unit of timemonetary value of the final goods and services produced in the economy (let be in TL) and population, unitaccording to the number of people in that economy at the time,a) write down the unit of measure and size of the gross domestic product variable per capita. b) what is the relationship between gross domestic product per capita, total gross domestic product and population growth?Express your conclusions in a sentence by making inferenceStudying Agricultural GDP in Turkey from 1980 to 2020 is an example of usinga.pooled datab.panel datac.cross sectional data d.time series dataIf Nominal GNP is 20,000 and Real GNP Is 16000 Calculate GNP deflator
- Determine the national LDV gasoline consumption using ASIF method! Please use following data to compute the fuel consumption. Parameter Number of Cars Number of Motorcycle Average fueleconomy of cars Average fuel economy of matorcycle Average car kilometer travelled Average motorcycle kilometer travelled Share of diesel fueled car Value Unit Million unit Million unit Km/L Km/L km/year km/year 15.8 115.1 12 60 15000 10000 9%Calculate pls1Discuss the effectiveness of Gross Domestic Product (GDP) as a measure a measure of the standard of living. Highlight the different methods used to measure GDP.
- 1.20 A nation’s gross domestic product is…a) C + I + G + (X-M)b) The total amount of money in circulationc) The total market value of all the intermediate goods and servicesd) The sum of value added at some stages of the production processCompute the nominal GDP Year: 2021 Value added of agriculture, fishery and forestry sector Value added of industry sector Government Final Consumption Expenditure Household Final Consumption Expenditure Imports Exports Statistical Discrepancy Growth Rate, Gross Domestic Product at current prices Gross National Product at current prices CPI(base year: 2012) GDP Deflator(base 2018) Population, 15years old and over Population, below 15 years old Population, 15 years old and over not included in labor Labor force employed #1,953,076.00 $5,595,046.00 #2,838,033.00 #14,609,470.00 #7,322,830.00 #4,983,040.00 90.00 8.07% #20,103,207.00 128.8 #104.75 75701 27064 27064 93.50%Given below is the total Disposable Personal Income in Oman from 2010–2018. Draw a time series graph to show the analysis.Year Income (in 000s)2010- 50002011- 30002012 75002013- 80002014- 85002015 95002016 100002017 105002018 11000In which year the income shows a downward trend from the graph. Select one:a. 2016b. 2018c. 2015d. 2011
