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A south sea island produces only coconuts. In 2015, the price of a coconut is $1.50 and the quantity produced is 250. In 2019, the
A south sea island produces only coconuts. In 2015, the price of a coconut is $1.50 and the quantity produced is 250. In 2019, the price of a coconut is $2.00 and the quantity produced is 150. 2015 is the base year. What is real GDP in 2019? Real GDP in 2019 is O A. $375 O B. $300 O C. $225 O D. $500The figure shows the flows of expenditure and income on Lotus Island. In 2016, R was $13 billion; Wwas $38 billion; U was $13 billion; J was $17 billion; and Z HOUSEHOLDS V FINANCIAL was $2 billion. MARKETS Calculate total expenditure and total income. Total expenditure is $ billion. FACTOR HARKETS GOVERNMENTS GOODS REST MARKETS OF WORLD Total income is $ billion. FIRMSThe BLS survey found the numbers in the table for a small community. Category Number Calculate the unemployment rate and the labor force participation rate for this community. Total number of persons in the community 140 Worked at least 1 hour as paid employees 40 or worked 15 hours or more as unpaid workers in their family business The unemployment rate is percent. Were not working but had jobs or 30 >>> Answer to 1 decimal place. businesses from which they were temporarily absent The labor force participation rate is percent. Had no employment and were not 10 >>> Answer to 1 decimal place. available for work Were available for work and had made 10 specific efforts to find employment some time during the previous 4 weeks Were available for work and were waiting 15 to be recalled to a job from which they had been laid offWhat is in the lCPI basket? What has the greatest weight in the CPI basket? In the United States, the CPI basket consists of items that . has the greatest weight in the CPI basket. [:3 A. a middle-income household buys; Food and beverages [:3 E. all households buy; Recreation [:1 C. an average urban household buys; Apparel [:1 D. an average urban household buys; Housing The table shows some of the items in a country's National Income and Product Accounts in 2018. Use the expenditure approach to calculate GDP in 2018. GDP in 2018 using the expenditure approach is $|: trillion. Amount Item {trillions :1! dollars: Consumption expenditure 3.2 Government expenditure 2.2 Indirect taxes less subsidies 0.8 D epreciation 1.4 Net factor income from abroad 0 Investment 1.9 Net exports 0.6 Statistical discrepancy 0.1
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