Using the data, provide estimates of the following key National Accounting Aggregatesa. Gross Savingsb. Net Lending/ Borrowingshow working formula and steps Mini IndustryQuantity of Sweet Potatoes soldValue per lb. of Sweet PotatoesValue of Eddoes soldPurchase of fertilizersPurchase of coalsSubsidiesOpening StockProfitsIndirect TaxConsumption of fixed capitalManufacturing IndustryValue of Drinks soldPurchase of SugarTax on productionImportsSalariesOther DataExport of:Sweet PotatoesEddoesDrinksHousehold ConsumptionDasheenEddoesDrinksInvestment12,000$6$30,000$800$5,000$1,500$300$1,000$700$1,000$150,000$2,000$300$4,000$50,000$18,000$6,000$10,000$2,000$1,000$6,000$7,000

In National Income Accounting from Expenditure Method - National Income : GDP = C + I + ( G - T ) +…

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Using the data, provide estimates of the following key National Accounting Aggregates a. Gross Savings b. Net Lending/ Borrowing show working formula and steps

Essentials of Economics (MindTap Course List)

8th Edition

ISBN:9781337091992

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Consumers, Producers, And The Efficiency Of Markets

Section: Chapter Questions

Problem 8PA

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Concept explainers

Factor Models

Many attributes might be related to an asset's risk, including market capitalization (size), dividend yield, growth, price-earnings ratio, etc. The use of these traditional descriptors, however, presents a few problems:

Question

Using the data, provide estimates of the following key National Accounting Aggregates

a. Gross Savings
b. Net Lending/ Borrowing

show working formula and steps

Mini Industry
Quantity of Sweet Potatoes sold
Value per lb. of Sweet Potatoes
Value of Eddoes sold
Purchase of fertilizers
Purchase of coals
Subsidies
Opening Stock
Profits
Indirect Tax
Consumption of fixed capital
Manufacturing Industry
Value of Drinks sold
Purchase of Sugar
Tax on production
Imports
Salaries
Other Data
Export of:
Sweet Potatoes
Eddoes
Drinks
Household Consumption
Dasheen
Eddoes
Drinks
Investment
12,000
$6
$30,000
$800
$5,000
$1,500
$300
$1,000
$700
$1,000
$150,000
$2,000
$300
$4,000
$50,000
$18,000
$6,000
$10,000
$2,000
$1,000
$6,000
$7,000

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