Dollar Value

Net Exports

-$250

Income payments to the rest of the world

$30

Depreciation

$220

Investment

$3,150

Government Purchase

$2,900

Durable Goods

$300

Services

$1,000

Consumption

$2,000

Exports

$2,000

Income Receipts from the rest of the world

$35

Nondurable Goods

$700

1.Assume the data set above reflects Economy B this year.This year's price index (GDP deflator) is 127.Use the data above and the price index to calculate Real GDP for Economy B for this year.

Please box or underline your answer, input your answer as a whole number, and show your work for full points. (Correct work 1.5 points Correct answers 0.5 point.)

2.Your goal is for Economy C's GDP to double within 17 years.What would be the annual growth rate that Economy C would need to experience for this to happen?

Please box or underline your answer and show your work for full points. Answer with two decimal places.(Correct work 1.5 points Correct answers 0.5 point.)

1.Assume the data set above reflects Economy B this year.This year's price index (GDP deflator) is 127.Use the data above and the price index to calculate Real GDP for Economy B for this year.

Please box or underline your answer, input your answer as a whole number, and show your work for full points. (Correct work 1.5 points Correct answers 0.5 point.)

2.Your goal is for Economy C's GDP to double within 17 years.What would be the annual growth rate that Economy C would need to experience for this to happen?

Please box or underline your answer and show your work for full points. Answer with two decimal places.(Correct work 1.5 points Correct answers 0.5 point.)

1.Assume the data set above reflects Economy B this year.This year's price index (GDP deflator) is 127.Use the data above and the price index to calculate Real GDP for Economy B for this year.

Please box or underline your answer, input your answer as a whole number, and show your work for full points. (Correct work 1.5 points Correct answers 0.5 point.)

2.Your goal is for Economy C's GDP to double within 17 years.What would be the annual growth rate that Economy C would need to experience for this to happen?

Please box or underline your answer and show your work for full points. Answer with two decimal places.(Correct work 1.5 points Correct answers 0.5 point.)