BEA1

21 Economic Policy in Action

- Workshop

Exercises

10

University of Tasmania -

CRICOS PROVIDER CODE 00586B

4

Qu.

7

a.

Using the annual average calculated in Qu1 a, calculate the % contribution Industry Division

A made to total GVA in 2019-

20 and 2020-

21

financial years

and 2019 and 2020

calendar

years

.

b.

Using the figures calculated in a

, calculate the annual growth rate as a % from 2019

-20 to

2020

-21 and 2019 to 2020 of the % GVA contribution for Industry Division A

.

Qu.

8

a.

Using the

seasonally adjusted

figures

from

Feb

-2019

quarter to the May-

2021

quarter

,

calculate the quarter to same quarter in the previous year growth for GVA

for Industry

Division A and for Australia, from Feb

-2020

to

May

-2021.

b.

Using the figures in a. calculate the average of these annual growth rates fo

r the 2020

calendar year and 2020-

21

financial years

Now use both your Employment and GVA

seasonally adjusted

from Feb

-2019 quarter to the May

-

2021 quarter

Qu.

9

a.

Calculate the GVA per employee

for each quarter for Industry Division A and for Australia.

b.

Using the figures in a. calculate the average

GVA per employee

for 2019

-20 and 2020-

21

financial years and 2019 and 2020 calendar years for Industry Division A and for Australia.

c.

Use these financial and calendar year figures to calculate the a

nnual

growth rate in GVA per

employee as a %

from 2019

-20 to 2020-

21 and 2019 to 2020

for Industry Division A and for

Australia.

d.

Compare the level and growth of GVA

-per employee

between Industry Division A and for

Australia as a whole.