Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Compute the economy's GDP using the expenditure approach. Assume that all transactions are 2019. C G X-M X M Total GDP = 1. A warehouse

image text in transcribed
Compute the economy's GDP using the expenditure approach. Assume that all transactions are 2019. C G X-M X M Total GDP = 1. A warehouse worth P650M was constructed due to unexpected increased of supply of tomatoes with an average lifespan of 10 years. The warehouse is already existing for five years, how much is the net worth of the warehouse? 2. Hector spent P70,000 monthly for his car maintenance. 3. Maddox Purchased a house and lot at Forbes Park for his family worth P50M. 4. KFC purchased chicken from Robina farm to make chicken burger worth P200,000 5. Gorgeousleny purchased kitchen appliances amounting to P150,000. 6. Philippines sold 200 metric tons of rice to Thailand worth $75M. 7. The government spent P400M for the rehabilitation of foot bridge in Muntinlupa. 8. Purchased of different electronics of Mr. and Mrs. Casal in 2018 worth P500,000 9. Philippines sold $80M worth of bananas to Malaysia. 10. The economy was able to sell consumer goods worth P1,000,000,000. 11. Government purchased contraceptives worth P50M. 12. Existing stock of unsold merchandise worth P10M. 13. Monthly pension for Mr. Magaling and Mr. Matulin. P15,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Energy, Trade And Finance In Asia A Political And Economic Analysis

Authors: Justin Dargin, Tai Wei Lim

1st Edition

1317322711, 9781317322719

More Books

Students also viewed these Economics questions