Question
Note: Use your birth date for cell A. For example, if your birthday is January 1st, use the value 1 as A. If your birthday
Note: Use your birth date for cell A. For example, if your birthday is January 1st, use the value 1 as A. If your birthday is August 28th, use the value 28 as A. Use your birthday (MMDD) for cell B. For example, If your birthday is November 20th, use 1120 for cell B.
Dollar Value | |
Net Exports | -50 |
Income payments to the rest of the world | A = 20 |
Depreciation | $100 |
Investment | B = 1020 |
Government Purchase | $3,052 |
Durable Goods | $250 |
Services | $890 |
Consumption | $1,790 |
Exports | $890 |
Income Receipts from the rest of the world | $65 |
Nondurable Goods | $650 |
Population | 700 |
Must fill out the following to receive any points.
Value A = ________
Value B = ________
1. Assume the data set above reflects Country A this year. Calculate Net National Product for Country A. Please box or underline your answer, input your answer as a whole number, and show your work for full points.
2. This year's price index (GDP deflator) is B (Use your birthday (MMDD) for value B). Use the data above and the price index to calculate Real GDP for Country A for this year. Please box or underline your answer, input your answer as a whole number, and show your work for full points.
Hint:To calculate NNP you had to calculate GDP first
3. From our assigned reading, calculate GDP per capita. Please box or underline your answer, input your answer as a whole number, and show your work for full points.
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