Chapter 5: URGENT pls help

Question 1 (1 point) The table shows total comsumption in an economy for two years 2020 Price Quantity Land A $5.00 3000 Sa.co 1000 Food A $5.30 3100 Good B 38.60 1300 2020 is the base your, what is the inflation rate for 2021! (Amwer to 1 decimal paint.] Your Answer: Answer Question 2 (1 point) If the growth rate ofreal GDP is 4.8%, and the inflation rate is 1.4%, what is the approximate growth rate of nominal GDPt (Answer to 1 decimal point, op. / ABX = 17) Your Answer: Answer Question 3 (1 point) The table shows total consumer consumption in an economy for two years. 2020 Price Quantity Good A 34.00 2000 and E $2.00 2021 94.00 1900 $1.50 3200 # 2020 in the base year, what was the inflation rate in 2021) [Answer to 1 decimal point, in. 5.58% = 3.4) Your Answer: Answer Question 4 (1 point) The table below shows total output for an economy over 3 years. Money Year Duflater 104 2018 9845 000 $400 Q00 * millions of dollars " real GDP measured in millions of 2010 dollar TABLE 20-7 Refer to Table 20-7. The growth rate of nominal output from 2016 to 201/ in OA LOOK O ul 409. Question 5 (1 point) If the growth rate of nominal GOP is 7.8X, and the inflation rate is 2.0%, what is the approximate growth rate of real Gut (Answer to 1 decimal point, ex. 348% = 3.7.) Your Answer: Answer Question 6 (1 point) The table below provides data on nominal GDP and the COP deflator for a hypothetical economy. Year Nominal GOP GOP Deflator 2020 2400 120 2021 2590 123 Using the data in the table above, what was the growth rate of real GDP from 2020 to 20217 Amwer as a percentage to two decimal points (idon't include the % sign! Your Answer: Answer Question 7 (1 point) In national-income accounting, "depreciation" refers to Al the decrease in the economy's stock of capital per year. HI net investment. the amount by which the capital stock in depleted during the accounting period () D) the increase in the economy's stock of capital per year. H a term used in accounting, not economics.Question 8 (1 point) Support a government collects $12 billion in warlous tax revenues, and pays $2.5 billion in debt interest, 30 billion in social security benefits, and 40.5 billion in mont employees wages. What is the direct contribution to GDP coming from this government's fiscal actions? O A sa.0 billion (HI $05 billion O 4) $11.s bilion OW $120 billion OH) 42.5 billion Question 9 (1 point) The table briow shawn total output for an economy over 2 years. 2018 Price Quantity Good A $1.60 2019 Price nod A $2.60 120 unit $300 200 units Good C $10.00 96 units TABLE 20-5 Refer to lable 20-5. The implicit GOP deflator in 2019, when 2018 is used as the bone year, was approximately O A 105. OHI 193. O D) 120. Question 10 [1 point) The table briow includes data for a one-year period required to calculate GUP far this meansing All fywes are is billa Wages and salaries LSI remittance Exports Gross investment Consumption Expenditure Depreciation Government whydic Hunings Imports Interest and investment income Government purchases TABLE 20- Refer to Table 20-3. What is the value of COP (in billions of dollara], as calculated from the income side! OHI $9494 O c) $11 094 OF) 42819 Question 11 (1 point) Historically, nominal CUP han increased faster than real GDP because O Al imports have risen more rapidly than exports. HI improvements in product quality have not been reflected in prices. 4 the general price level has fallen. D) the general price level has increased. ( 1 exports have risen more rapidly than imports. Question 12 (1 point) The table shows total consumption in an economy for two years. 2020 Price Quantity 94.10 2300 Good B $2.20 1200 2021 $9.50 2500 $5.00 1200 # 2021 in the base year, what is the nominal GOP for 2021? (Nearest dollar.] Your