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please do this ,I have to submit it 8 o'clock in the morning... thank you Task 1. Credit interest 1 2 Gross Investment 55 Wage
please do this ,I have to submit it 8 o'clock in the morning... thank you
Task 1. Credit interest 1 2 Gross Investment 55 Wage 216 Corporate profit 113 Value added tas 2 2 Rent 20 Net Exports Government spending 90 Net investment 45 Proprietor's income 21 Transfer payments 23 Private consumption 260 Using the data provided in the table above, calculate: a) GDP by expenditure method: b) GDP by income method: c) Net domestic product; d) National income. Task 2. Let's suppose that only three types of goods are produced in a particular country. Output level and prices of those goods are presented in the table below. Year 2010 2015 Price, euros Quantity, units Price, euros Quantity, units Canned juice 2 4000 5 5000 Shoes (pairs) 20 500 600 Furniture 300 20 405 1 5 If the year 2015 is set as a basic period, calculate for both periods: a) Nominal and Real GDP, b) GDP deflator and explain its meaning: c) Inflation rate and explain its meaning: d) Economic growth rate and explain its meaning. Task 3. National economy is characterised by the following data: Private consumption C = 50+ 0.8*DI Gross investment 40 Amount of Taxes collected T-40 Transfer payments Tr-50 Taking into account that disposable income is DI=Y-T + Tr, calculate: a) Equilibrium level of income Y; b) Marginal propensity to consume and Marginal propensity to save c) Private consumption at macroeconomic equilibrium: d) Develop equation of saving and calculate amount of saving at the point of at macroeconomic equilibrium Task 1. Credit interest 1 2 Gross Investment 55 Wage 216 Corporate profit 113 Value added tas 2 2 Rent 20 Net Exports Government spending 90 Net investment 45 Proprietor's income 21 Transfer payments 23 Private consumption 260 Using the data provided in the table above, calculate: a) GDP by expenditure method: b) GDP by income method: c) Net domestic product; d) National income. Task 2. Let's suppose that only three types of goods are produced in a particular country. Output level and prices of those goods are presented in the table below. Year 2010 2015 Price, euros Quantity, units Price, euros Quantity, units Canned juice 2 4000 5 5000 Shoes (pairs) 20 500 600 Furniture 300 20 405 1 5 If the year 2015 is set as a basic period, calculate for both periods: a) Nominal and Real GDP, b) GDP deflator and explain its meaning: c) Inflation rate and explain its meaning: d) Economic growth rate and explain its meaning. Task 3. National economy is characterised by the following data: Private consumption C = 50+ 0.8*DI Gross investment 40 Amount of Taxes collected T-40 Transfer payments Tr-50 Taking into account that disposable income is DI=Y-T + Tr, calculate: a) Equilibrium level of income Y; b) Marginal propensity to consume and Marginal propensity to save c) Private consumption at macroeconomic equilibrium: d) Develop equation of saving and calculate amount of saving at the point of at macroeconomic equilibriumStep by Step Solution
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