Homework Help is Here – Start Your Trial Now!
Business
Economics
what is the nominal GDP per capita for year 2019? refer to the table

what is the nominal GDP per capita for year 2019? refer to the table

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
See similar textbooks
icon
Related questions
Question

what is the nominal GDP per capita for year 2019? refer to the table

Refer to Table 1(year 2018) and Table 2 (year 2019). What is the nominal GDP for year 2019? Table 1. Year 2018 Value-added of agriculture, fishery and forestry sector, in thousands of A pesos 1,762,616 B Value-added of industry sector, in thousands of pesos c Value-added of the service sector, in thousands of pesos D Household Final Consumption Expenditure, in thousands of pesos E Gross Domestic Capital Formation, in thousands of pesos F Exports, in thousands of pesos G Net Primary Income from the Rest of the World, in thousands of pesos H CPI (base year: 2012) I Government Final Consumption Expenditure, in thousands of pesos J Statistical Discrepancy, in thousands of pesos 5,582,525 10,920,048.47 13,250,084 4,909,105 5,518,573 1,940,973 117.3 2,199,637 50,000.26 Table 1. Year 2019 Value added of agriculture, fishery and forestry sector, in thousands of A 1,722,211.13 pesos B Value added of industry sector, in thousands of pesos C Government Final Consumption Expenditure, in thousands of pesos D Household Final Consumption Expenditure, in thousands of pesos E Imports, in thousands of pesos F Exports, in thousands of pesos G Statistical Discrepancy, in thousands of pesos 5,887,238 2,444,698 14,288,140 7,858,660 5,530,950 H Growth Rate, Gross Domestic Product at current prices 6.85% Gross National Product at current prices, in thousands of pesos 21,463,514.52 J CPI (base year: 2012) K GDP Deflator (base year: 2018) L Population, 15 years old and over, in thousand persons 120.2 100.76 72,933 M Population, below 15 years old, in thousand persons 28,240 Population, 15 years old and over not included in the labor force, in N thousand persons 28, 240 O Labor force employed 94.93%
Transcribed Image Text:Refer to Table 1(year 2018) and Table 2 (year 2019). What is the nominal GDP for year 2019? Table 1. Year 2018 Value-added of agriculture, fishery and forestry sector, in thousands of A pesos 1,762,616 B Value-added of industry sector, in thousands of pesos c Value-added of the service sector, in thousands of pesos D Household Final Consumption Expenditure, in thousands of pesos E Gross Domestic Capital Formation, in thousands of pesos F Exports, in thousands of pesos G Net Primary Income from the Rest of the World, in thousands of pesos H CPI (base year: 2012) I Government Final Consumption Expenditure, in thousands of pesos J Statistical Discrepancy, in thousands of pesos 5,582,525 10,920,048.47 13,250,084 4,909,105 5,518,573 1,940,973 117.3 2,199,637 50,000.26 Table 1. Year 2019 Value added of agriculture, fishery and forestry sector, in thousands of A 1,722,211.13 pesos B Value added of industry sector, in thousands of pesos C Government Final Consumption Expenditure, in thousands of pesos D Household Final Consumption Expenditure, in thousands of pesos E Imports, in thousands of pesos F Exports, in thousands of pesos G Statistical Discrepancy, in thousands of pesos 5,887,238 2,444,698 14,288,140 7,858,660 5,530,950 H Growth Rate, Gross Domestic Product at current prices 6.85% Gross National Product at current prices, in thousands of pesos 21,463,514.52 J CPI (base year: 2012) K GDP Deflator (base year: 2018) L Population, 15 years old and over, in thousand persons 120.2 100.76 72,933 M Population, below 15 years old, in thousand persons 28,240 Population, 15 years old and over not included in the labor force, in N thousand persons 28, 240 O Labor force employed 94.93%
Refer to Table 1(year 2018) and Table 2 (year 2019). What is the nominal GDP per capita for year 2019? O (Table 1: A+B+C) * (1 + Table 2: H) 1/ (Table 2: L+M) O (Table 1: A+B+C) / (Table 2: J) *100] (Table 2: L+M) None of these Table 2: (I+F- E) / (L+M) O (Table 1: A+B+C)/ (Table 2: J) *100] (Table 2: L+M-N) O [Table 1: A+B+C) * (1 + Table 2: H) ]/ (Table 2: L+M-N)
Transcribed Image Text:Refer to Table 1(year 2018) and Table 2 (year 2019). What is the nominal GDP per capita for year 2019? O (Table 1: A+B+C) * (1 + Table 2: H) 1/ (Table 2: L+M) O (Table 1: A+B+C) / (Table 2: J) *100] (Table 2: L+M) None of these Table 2: (I+F- E) / (L+M) O (Table 1: A+B+C)/ (Table 2: J) *100] (Table 2: L+M-N) O [Table 1: A+B+C) * (1 + Table 2: H) ]/ (Table 2: L+M-N)
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Knowledge Booster
Gross Domestic Product
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education
SEE MORE TEXTBOOKS