Jadual 1 menurnfukkan beberapa data harga dan kuantiti untuk sebuah ekonomi zederhanajang 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 20191Price(RM)[Harga(RM)1.25Year 2017Year 2018[Tahun 20181Price(RM) Kuanti) (RM) Kuanttij[Harga(RAM))1[Tahun 2017)QuantityQuantityKuantitijPriceQuantity[Harga(RM))A180200200B9075901001001200.66750.56000.5630(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 2019from the preceding year.(Kinatan neratnervhghandelam KDNK ehengr nada 2018 dan 2019 Question 2[Soalan 21Explain 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 economythat produces the following goods and services.Jadual 1 menunjukkan deberapa data harga dan kuantul untuk zebuah ekonomi zederhanajang 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]QuantityYear 2018[Tahun 2018]Year 2019(Tahun 2019)PricePricePriceQuantityQuantity(Kuantiti)(RM) (Kuantiti) (RM) Kuantitij[Harga(RM))1(RM)[Harga(RM)1.25(Harga(RM)200AВ18020075900.6900.51000.5120630100675600Compute the values of nominal GDP in 2017, 2018 and 2019.

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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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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