How does consumption as a percentage of GDP vary among countries?
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
While household consumption averages just over 60 of GDP for all countries ...View the full answer
Answered By
Rashul Chutani
I have been associated with the area of Computer Science for long. At my university, I have taught students various Computer Science Courses like Data Structures, Algorithms, Theory of Computation, Digital Logic, System Design, and Machine Learning. I also write answers to questions posted by students in the area of and around Computer Science.
I am highly fortunate to receive great feedback on my teaching skills that keeps me motivated. Once a student sent me an email stating that I had explained to him a concept better than his professor did.
I believe in the fact that "Teaching is the best way to learn". I am highly fascinated by the way technology nowadays is solving real-world problems and try to contribute my bit to the same.
Besides tutoring, I am a researcher at the Indian Institute of Technology. My present works are in the area of Text Summarization and Signal and Systems.
Some of my achievements include clearing JEE Advanced with an All India Rank of 306 out of 1.5 million contesting candidates and being the Department Ranker 1 at my University in the Department of Computer Science and Engineering.
I look forward to providing the best Tutoring Experience I can, to the student I teach.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Macroeconomics
ISBN: 9780132109994
1st Edition
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
Question Posted:
Students also viewed these Chemical Engineering questions
-
Describe how the importance of trade has changed over time as a percentage of GDP.
-
How does investment vary over time? How does consumption vary over time? What explains the different patterns of investment and consumption?
-
How does per person energy consumption compare in highly developed and developing countries?
-
Find the lengths of the curves. The cardioid r = 1 + cos
-
Use the information from the trial balance in E3-34 to prepare the closing journal entry and post-closing trial balance for Kuskonook Inc. for its December 31, 2017 year-end.
-
The Turbine Oil Oxidation Test (TOST) and the Rotating Bomb Oxidation Test (RBOT) are two different procedures for evaluating the oxidation stability of steam turbine oils. The article "Dependence of...
-
Household energy expenditure. Refer to the analysis of the annual total household expenditure on energy from 2011 to 2020, Exercise 12.20 (p. 729). You fit a first-order multiple regression model to...
-
Classify each of the following based on whether they can be performed at an interim date (assuming appropriate procedures are performed during the roll forward period) or whether they must be...
-
Can the selection of a depreciation method affect a companys asset replacement policy (i.e., the timing of its asset replacement)? If so, how?
-
Give a precise and complete definition of the concept of matching for grouping symbols in an arithmetic expression. Your definition may be recursive.
-
Consider the following statement: A firm would never increase investment during a recession because current GDP is too low.Do you agree with this statement? Briefly explain.
-
How does the intertemporal budget constraint change when there are taxes?
-
Factor out the greatest common factor from the polynomial. 28r 4 s 2 + 7r 3 s - 35r 4 s 3
-
The following table contains the monthly operating costs of a company. Salary is not included. Determine the variance and standard deviation of the costs. Enero Febrero Marzo Abril Mayo Junio Julio...
-
Becker & Smith, CPAs, performs a financial statement review for BAM Markets ( BAM ) . Caroline, the manager on the job, learns that Don, a member of the review team, violated the independence rules....
-
Presented here are selected transactions for Sheridan Inc. during August of the current year. Sheridan uses a perpetual inventory system. It estimates a return rate of 10%, based on past experience....
-
. Complete both parts (a) and (b) below. ). In1 (a) Let X11, X12, ..., X be a random sample of size n from a population with mean and variance . Let X21, X22,..., X2n2 be a random sample of size n...
-
41. Let S be the cone z = x + y, z 2, oriented with outward unit normal. Use Stokes' theorem to evaluate the flux integral for the vector field SJ (V x F). ndS F(x, y, z) = (x y)i + 2zj + xk. -
-
Draw a line that starts at the origin (at 0) and begins to rise with a slope of
-
What does non-recourse financing mean?
-
I motivate myself by imagining a good outcome to the tasks I do. E-23
-
A headline in the January 27, 2012, USA Today read Economists See Growth Slowing, Recession Risk Falling, highlighting government statistics that showed economic growth slowing to a 2.2% rate for the...
-
According to the Happy Planet Index, an annual survey conducted by the New Economics Foundation, Costa Rica ranks as the happiest country on Earth (Take a Trip to the Happiest Country on Earth,...
-
The table below lists gross domestic product (GDP), consumption (C), gross private domestic investment (I), government spending (G), and net exports (X M). Compute each as a percent of GDP for the...
-
Be prepared to explain the texts comprehensive To illustrate the issues related to interest capitalization, assume that on November 1, 2016, Shalla Company contracted Pfeifer Construction Co. to...
-
On April 1, 2020. Indigo Company received a condemnation award of $473,000 cash as compensation for the forced sale of the company's land and building, which stood in the path of a new state highway....
-
The market price of a stock is $24.55 and it is expected to pay a dividend of $1.44 next year. The required rate of return is 11.23%. What is the expected growth rate of the dividend? Submit Answer...
Study smarter with the SolutionInn App