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Can someone help me answer this accounting question for my final exam please!? I'm clueless and time is running out. You can write your answer
Can someone help me answer this accounting question for my final exam please!? I'm clueless and time is running out. You can write your answer on paper and send a picture
Table 2 showing Current and Constant Price Data and Yolume and Price Indices for the period 2012 - 2018 2015 2016 2017 2014 2018 2012 2013 150246.6 170317.6 167764.3 181110.8 164380.0 163007.8 165203.2 Current Price GDP (TID Mn.) Constant Price GDP (TTD Mn) 2000=100 95168.6 92708,2 94620.5 94073.1 97420.0 90100.0 91523.9 CURRENT PRICES SELECTED SECTORS 95632.0 105484.0 91500.0 109888.0 112312.0 90806.0 112092.0 GVA - NON- ENERGY 10870.0 9606.0 10710.0 9782.0 9012.0 12606.0 8692.0 GVA- Manufacturing 31826.0 36214.0 28990.0 38406.0 38000.0 28000.0 37300.0 GVA - Distribution 61700.0 50200.0 54200.0 58400.0 65300.0 66100.0 51800.0 GVA- Other Services INDICES Retail Price Index -All Items Index (2012=100) 141.0 135.0 140.0 100.0 120.0 118.0 122.0 Domestic Production Index - Manufacturing Sector (2012=100) 109.0 95.0 98.0 100.0 110.0 120.0 115.0 2a Explain the concept of the GDP Deflator. Using data in Table 2, calculate the GDP Deflator for the Series 2012 - 2018. Prepare a series that rebases the GDP Deflator from Base Year 2000 = 100 to Base Year 2012 =100 2b. 2c. Using the data on Current Prices for Selected Sectors, prepare Constant Price Estimates of Gross Value Added (GVA) for the Manufacturing, Distribution and Other Services Sectors for the period 2012-2018. 3 1 For each year in the series 2012 - 2018 Estimate, the GVA at Constant Prices [2012 = 100) for the Manufacturing Sector Apply the method of Extrapolation, using an appropriate Volume Index Estimate GVA at Constant Prices [2012 = 100] for the Distribution Sector by Deflating the Current Price Estimates by the All-Items Indices of the Retail Price Index Ti. ini. Estimate GVA at Constant Prices [2012 = 100] for the Other Services Sector by using the Implicit (GDP) Deflator rebased to 2012 = 100. 4 Calculate the Rate of Growth in the GDP at Constant Prices between the years 2012 and 2018 n Pn 1 to calculate the rate of growth. Use the Formula Po Table 2 showing Current and Constant Price Data and Yolume and Price Indices for the period 2012 - 2018 2015 2016 2017 2014 2018 2012 2013 150246.6 170317.6 167764.3 181110.8 164380.0 163007.8 165203.2 Current Price GDP (TID Mn.) Constant Price GDP (TTD Mn) 2000=100 95168.6 92708,2 94620.5 94073.1 97420.0 90100.0 91523.9 CURRENT PRICES SELECTED SECTORS 95632.0 105484.0 91500.0 109888.0 112312.0 90806.0 112092.0 GVA - NON- ENERGY 10870.0 9606.0 10710.0 9782.0 9012.0 12606.0 8692.0 GVA- Manufacturing 31826.0 36214.0 28990.0 38406.0 38000.0 28000.0 37300.0 GVA - Distribution 61700.0 50200.0 54200.0 58400.0 65300.0 66100.0 51800.0 GVA- Other Services INDICES Retail Price Index -All Items Index (2012=100) 141.0 135.0 140.0 100.0 120.0 118.0 122.0 Domestic Production Index - Manufacturing Sector (2012=100) 109.0 95.0 98.0 100.0 110.0 120.0 115.0 2a Explain the concept of the GDP Deflator. Using data in Table 2, calculate the GDP Deflator for the Series 2012 - 2018. Prepare a series that rebases the GDP Deflator from Base Year 2000 = 100 to Base Year 2012 =100 2b. 2c. Using the data on Current Prices for Selected Sectors, prepare Constant Price Estimates of Gross Value Added (GVA) for the Manufacturing, Distribution and Other Services Sectors for the period 2012-2018. 3 1 For each year in the series 2012 - 2018 Estimate, the GVA at Constant Prices [2012 = 100) for the Manufacturing Sector Apply the method of Extrapolation, using an appropriate Volume Index Estimate GVA at Constant Prices [2012 = 100] for the Distribution Sector by Deflating the Current Price Estimates by the All-Items Indices of the Retail Price Index Ti. ini. Estimate GVA at Constant Prices [2012 = 100] for the Other Services Sector by using the Implicit (GDP) Deflator rebased to 2012 = 100. 4 Calculate the Rate of Growth in the GDP at Constant Prices between the years 2012 and 2018 n Pn 1 to calculate the rate of growth. Use the Formula PoStep by Step Solution
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