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How can I answer the two following questions below please? 1. The following table shows the total government expenditure and income, the gross government debt,
How can I answer the two following questions below please?
1.
The following table shows the total government expenditure and income, the gross government debt, the value of nancial assets owned by the government and the nominal GDP for two different quarters (source: Statistics Canada}. The government statistics are for all levels of government in Canada and all numbers are in billions of dollars. Year Quarter Expenditure Income Gross Debt Assets GDP 1996 4 389.5 375.4 1163.0 386.2 877.7 2018 4 917.1 919.0 2497.0 1580.7 2229.5 What is the net debt as a percentage of GDP in 1996 and 2018? Express your answer in percentage rounded to the nearest rst decimal. i. 1996: Number ii. 2018: Number The following table shows the nominal and real exchange rates for two countries and two yea rs (source: OECD). The column names are the country codes {not the currenCy codes} and the exchange rates are expressed as the amount of the currency per unit of US dollar [e.g. CADIUSD). Answer the following question using this table. Nominal Real Year AUT ITA AUT ITA 1977 1.2011 0.4557 1.1385 1.5003 1985 1.5036 0.9861 1.5876 1.7150 a. Indicate whether the cost of goods in each country has increased, decreased, or remained unchanged. relative to the cost of goods in the United states between 1977 and 1985. i. AUT: 0 Increased O Decreased O Remained unchanged ii. ITA: 0 Increased O Decreased O Remained unchangedStep by Step Solution
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