Question
Answer the following questions Why the intermediate goods are not included in measuring GDP? Measure GDP and NDP from the following data: Consumption Expenditure$ 28,000
Answer the following questions
- Why the intermediate goods are not included in measuring GDP?
- Measure GDP and NDP from the following data:
Consumption Expenditure$ 28,000
Government Expenditure$ 15,000
Investment Expenditure$ 14,000
Exports$ 9.840
Imports$ 8,640
Depreciations$ 1,340
Retained Earnings$ 1,150
Indirect Business Taxes$ 950
3. Calculate unemployment rate if adult population of the nation is 800 people of which 430 people are working and 20 are looking for working.
4. Calculate the inflation rate from 2019 to 2020 if the index number in 2019 was 120 and increased to 124 in 2020.
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Inflation, Unemployment And Capital Malformations
Authors: Bernard Schmitt, Xavier Bradley, Alvaro Cencini
1st Edition
0429767064, 9780429767067
