Table 1: Price and quantity for three types of product [Jadual I: Harga dan kuantiti sntuk tiga jeniz produk) Product [Produk) Year 2018 [Tahun 2018] Price (RM) (Kuantiti) (RM) (Kuantitij [Harga RM 1 Year 2017 [Tahan 2017) Year 2019 [Tahun 2019] Price (RM) [Harga (RM)) 1.25 Quantity Quantity Quantity Kuantti) Price (Harga (RM) A. 180 200 200 B. 90 0.6 75 675 90 0.5 100 600 100 0.5 120 630 (1) Compute the values of nominal GDP in 2017, 2018 and 2019. [Kirakan nilai-nilat KDNK nominal pada 2017, 2018 dan 2019.) (6 Marks/ Markah) (1i) Compute the values of real GDP and GDP deflator in 2018 and 2019 (using 2017 as the base year). (Kirakan nilat-nilai KDNK zebenar dan KDNK pendefiasi pada 2018 dan 2019 (menggunakan tahun azar 2017)) (5 Marks/ Markak) (iii) Compute the percentage change in the real GDP in 2018 and 2019 from the preceding year. Kinakar menanue mrnihahar delow KDNK chengr mnda 201 8 dan 2010
Table 1: Price and quantity for three types of product [Jadual I: Harga dan kuantiti sntuk tiga jeniz produk) Product [Produk) Year 2018 [Tahun 2018] Price (RM) (Kuantiti) (RM) (Kuantitij [Harga RM 1 Year 2017 [Tahan 2017) Year 2019 [Tahun 2019] Price (RM) [Harga (RM)) 1.25 Quantity Quantity Quantity Kuantti) Price (Harga (RM) A. 180 200 200 B. 90 0.6 75 675 90 0.5 100 600 100 0.5 120 630 (1) Compute the values of nominal GDP in 2017, 2018 and 2019. [Kirakan nilai-nilat KDNK nominal pada 2017, 2018 dan 2019.) (6 Marks/ Markah) (1i) Compute the values of real GDP and GDP deflator in 2018 and 2019 (using 2017 as the base year). (Kirakan nilat-nilai KDNK zebenar dan KDNK pendefiasi pada 2018 dan 2019 (menggunakan tahun azar 2017)) (5 Marks/ Markak) (iii) Compute the percentage change in the real GDP in 2018 and 2019 from the preceding year. Kinakar menanue mrnihahar delow KDNK chengr mnda 201 8 dan 2010
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
![Jadual 1 menurnfukkan beberapa data harga dan kuantiti untuk sebuah ekonomi zederhana
jang menghasilkan darang dan perkhidmatan derikut.)
Table 1: Price and quantity for three types of product
[Jadual I: Harga dan kuantiti sontuk tiga jenis produk)
Product
[Produk)
Year 2019
[Tahun 20191
Price
(RM)
[Harga
(RM)
1.25
Year 2017
Year 2018
[Tahun 20181
Price
(RM) Kuanti) (RM) Kuanttij
[Harga
(RAM))
1
[Tahun 2017)
Quantity
Quantity
Kuantitij
Price
Quantity
[Harga
(RM))
A
180
200
200
B
90
75
90
100
100
120
0.6
675
0.5
600
0.5
630
(1)
Compute the values of nominal GDP in 2017, 2018 and 2019.
[Kirakan nilai-nilai KDNK nominal pada 2017, 2016 dan 2019)
(6 Marks/ Markah)
Compute the values of real GDP and GDP deflator in 2018 and 2019
(using 2017 as the base year).
[Kirakan nilai-nilat KDNK zebenar dan KDNK pendeflari pada 2018 dan 2019
(menggunakan tahun azas 2017))
(5 Marks/ Markak)
(iii) Compute the percentage change in the real GDP in 2018 and 2019
from the preceding year.
(Kinatan nerat
nervhghandelam KDNK ehengr nada 2018 dan 2019](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd6be63e1-bb3a-4666-927e-0b0fb3e8be71%2F0e9f078d-94cd-42b3-85ec-f5c68d46e404%2F0fnzrok_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Jadual 1 menurnfukkan beberapa data harga dan kuantiti untuk sebuah ekonomi zederhana
jang menghasilkan darang dan perkhidmatan derikut.)
Table 1: Price and quantity for three types of product
[Jadual I: Harga dan kuantiti sontuk tiga jenis produk)
Product
[Produk)
Year 2019
[Tahun 20191
Price
(RM)
[Harga
(RM)
1.25
Year 2017
Year 2018
[Tahun 20181
Price
(RM) Kuanti) (RM) Kuanttij
[Harga
(RAM))
1
[Tahun 2017)
Quantity
Quantity
Kuantitij
Price
Quantity
[Harga
(RM))
A
180
200
200
B
90
75
90
100
100
120
0.6
675
0.5
600
0.5
630
(1)
Compute the values of nominal GDP in 2017, 2018 and 2019.
[Kirakan nilai-nilai KDNK nominal pada 2017, 2016 dan 2019)
(6 Marks/ Markah)
Compute the values of real GDP and GDP deflator in 2018 and 2019
(using 2017 as the base year).
[Kirakan nilai-nilat KDNK zebenar dan KDNK pendeflari pada 2018 dan 2019
(menggunakan tahun azas 2017))
(5 Marks/ Markak)
(iii) Compute the percentage change in the real GDP in 2018 and 2019
from the preceding year.
(Kinatan nerat
nervhghandelam KDNK ehengr nada 2018 dan 2019
![Question 2
[Soalan 21
Explain the difference between GDP and GNP with an example.
[Terangkan perbezaan antara KDNK dan KNK bezerta dengan contoh]
(a)
(4 Marks/ Markah)
(b)
Table 1 shows some data on the prices and quantities for a simple economy
that produces the following goods and services.
Jadual 1 menunjukkan deberapa data harga dan kuantul untuk zebuah ekonomi zederhana
jang menghatilkan darang dan perthidmatan berikua]
Table 1: Price and quantity for three types of product
[Jadual 1: Harga dan kuantiti untuk tiga jeniz produk)
Product
[Produk)
Year 2017
[Tahun 2017]
Quantity
Year 2018
[Tahun 2018]
Year 2019
(Tahun 2019)
Price
Price
Price
Quantity
Quantity
(Kuantiti)
(RM) (Kuantiti) (RM) Kuantitij
[Harga
(RM))
1
(RM)
[Harga
(RM)
1.25
(Harga
(RM)
200
A
В
180
200
75
90
0.6
90
0.5
100
0.5
120
630
100
675
600
Compute the values of nominal GDP in 2017, 2018 and 2019.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd6be63e1-bb3a-4666-927e-0b0fb3e8be71%2F0e9f078d-94cd-42b3-85ec-f5c68d46e404%2Fkzimfai_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 2
[Soalan 21
Explain the difference between GDP and GNP with an example.
[Terangkan perbezaan antara KDNK dan KNK bezerta dengan contoh]
(a)
(4 Marks/ Markah)
(b)
Table 1 shows some data on the prices and quantities for a simple economy
that produces the following goods and services.
Jadual 1 menunjukkan deberapa data harga dan kuantul untuk zebuah ekonomi zederhana
jang menghatilkan darang dan perthidmatan berikua]
Table 1: Price and quantity for three types of product
[Jadual 1: Harga dan kuantiti untuk tiga jeniz produk)
Product
[Produk)
Year 2017
[Tahun 2017]
Quantity
Year 2018
[Tahun 2018]
Year 2019
(Tahun 2019)
Price
Price
Price
Quantity
Quantity
(Kuantiti)
(RM) (Kuantiti) (RM) Kuantitij
[Harga
(RM))
1
(RM)
[Harga
(RM)
1.25
(Harga
(RM)
200
A
В
180
200
75
90
0.6
90
0.5
100
0.5
120
630
100
675
600
Compute the values of nominal GDP in 2017, 2018 and 2019.
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