FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Measure GDP and NDP from the following data: Consumption Expenditure$28,500 Government Expenditure$ 18,900 Investment Expenditure$16,800 Exports$9.640 Imports$8,750 Depreciations$1,340 Retained Earnings$1,150 Indirect Business Taxes$950

Measure GDP and NDP from the following data:

Consumption Expenditure                  $28,500
Government Expenditure                   $ 18,900
Investment Expenditure                     $16,800
Exports                                                $9.640
Imports                                               $8,750
Depreciations                                      $1,340
Retained Earnings                              $1,150
Indirect Business Taxes                      $950

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Calculating GDP and NDP GDP Gross Domestic Product GDP represents the total value of final ... 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

Engineering Economy

Engineering Economy

Authors: Leland T. Blank, Anthony Tarquin

8th edition

73523439, 73523437, 978-0073523439

More Books

Students also viewed these Economics questions

Question

.Write in your own handwriting using a 10-12 column worksheet. Use black/blue ballpen. Journal entries and solutions should be in good accounting form with correct explanations (ie To record purchase...

Answered: 1 week ago

Question

★★★★★
KYC's stock price can go up by 15 percent every year, or down by 10 percent. Both outcomes are equally likely. The risk free rate is 5 percent, and the current stock price of KYC is 100. (a) Price a...

Answered: 1 week ago

Question

★★★★★
Given the function f(a) = 5a+ 14, solve for f(a) = 0. 5a+14, Give an exact answer; do not round.

Answered: 1 week ago

Question

★★★★★
What are two important limitations of the Heckscher- Ohlin theory?

Answered: 1 week ago

Question

★★★★★
Suppose the yield on short-term government securities (perceived to be risk-free) is about 4%. Suppose also that the expected return required by the market for a portfolio with a beta of 1 is 12%....

Answered: 1 week ago

Question

★★★★★
Table 15.27 on the textbook website gives data for 2,000 women regarding work (1 = a woman works, 0 = otherwise), age, marital status (1 = married, 0 = otherwise), number of children, and education...

Answered: 1 week ago

Question

★★★★★
5 Have you spontaneously used some of the principles of systemic coach-ing so far?

Answered: 1 week ago

Question

★★★★★
Montana Cycles started July with 25 bicycles that cost $36 each. On July 16, Montana bought 35 bicycles at $60 each. On July 31, Montana sold 33 bicycles for $105 each. Requirements 1. Prepare...

Answered: 1 week ago

Question

★★★★★
please answer these question Using the information given below, answer net 20 questions Rainmaker Environmental Consultants is just finithing is seconf year of operations. The Company's unadjusted...

Answered: 1 week ago

Question

★★★★★
Using the Public MACRO BITCOIN scorecard spreadsheet (linked in its associated masterclass lesson - Long Term 32), create a COPY of it and perform a complete analysis for the date 22/2/2022....

Answered: 1 week ago

Question

★★★★★
You purchased 400 shares of common stock on margin at $35 per share and sold them 11 months later at $45. Assume the margin requirement is 80%, interest on margin used is 5%, and commission paid on...

Answered: 1 week ago

Question

★★★★★
Be sure to follow the seven step paradigm when submitting this as a collected homework problem: 1. I want to and I can 2. Draw a diagram (if you can't visualize this in a diagram, see the next page)...

Answered: 1 week ago

Question

★★★★★
Directions: Perform an ethical penetration test on a website of your choice using one of the following tools. As an option, you can use Kali Linux through Oracle Virtual Box. Nmap:...

Answered: 1 week ago

Question

★★★★★
The Casual Furniture Company manufactures outdoor furniture and incurred the following costs during the month of January: $ Timber 31,998 Wages-assembly line personnel 19,499 Wages-factory supervisor...

Answered: 1 week ago

Question

★★★★★
A drug trial is attempted using a real drug and a pill made of just sugar. 18 people are given the real drug in hopes of increasing the calcium levels. The increase in calcium level is found to be on...

Answered: 1 week ago

Question

★★★★★
1. Using the TQM philosophy show how Disney or any other company can benefit from implementing lean method so that customers can experience their value for money. 2. Provide recommendations on how...

Answered: 1 week ago

Question

★★★★★
Suppose a ten-year, $1,000 bond with an 8.2% coupon rate and semiannual coupons is trading for $1,034.73. a. What is the bond's yield to maturity (expressed as an APR with semiannual compounding)? b....

Answered: 1 week ago

Question

★★★★★
What is the ideal number of children to have? This question was asked on the Sullivan Statistics Survey I. Draw a dot plot of the variable Children from theSullivanStatsSurveyI data set at...

Answered: 1 week ago

Question

★★★★★
A salesman from Industrial Water Services (IWS), who is trying to get his foot in the door of Westco Refining, offered electro-dialysis equipment for $2.5 million. This is $800,000 more than the...

Answered: 1 week ago

Question

★★★★★
The PW of five independent projects have been calculated at an MARR of 12% per year. Select the best combination at a capital investment limit of (a) $25,000, (b) $49,000, and (c) Unlimited. Initial...

Answered: 1 week ago

Question

★★★★★
Depreciation recapture occurs when a depreciable asset is sold for: (a) More than the current book value (b) More than the current market value (c) More than the estimated salvage value (d) More than...

Answered: 1 week ago

Question

★★★★★
The sales, in billions of dollars, of Keller Overhead Door Inc. for 2009 to 2014 are: a. Plot the data. b. Determine the least squares trend equation. c. Use the trend equation to calculate the...

Answered: 1 week ago

Question

★★★★★
The asset turnovers, excluding cash and short-term investments, for RNC Company from 2004 to 2014 are: a. Plot the data. b. Determine the least squares trend equation. c. Calculate the points on the...

Answered: 1 week ago

Question

★★★★★
The number of employees, in thousands, of Keller Overhead Door Inc. for the years 2009 to 2014 are: a. Plot the data. b. Determine the least squares trend equation. c. Use the trend equation to...

Answered: 1 week ago

Previous Question Next Question