Pleasea answer all questions
A company sells 100 boxes of chocolate, and it produced 120 boxes of chocolate during the year. Which of the following is true? O It is impossible to produce more than is sold. O Investment is positive. O The price of the chocolate must have gone up. O The firm must have sold the extra 20 boxes from another company. O The firm sold the chocolate but must have given 20 people an IOU.Company X in country A exports paper to company Y in country B for $100,000. Company Y uses the paper to make textbooks, selling them to consumers in country B for $500,000. The total contribution to gross domestic product (GDP) in country A is O $500,000. O $400,000. O $600,000. O $550,000. O $100,000.To which component(s) of US GDP expenditure does each of the following belong to? (C, I, G, NX or none of the four) Sugar and flour bought by a [ Choose ] bakery shop to bake cakes. A laptop manufactured in [ Choose ] China and exported to Japan. You paid a real estate agent a [ Choose ] commission fee to buy a house built 100 years ago. A new public school built. [ Choose ] The US government increases [ Choose ] salaries of federal employees. You won a lottery of $10,000 [ Choose ] this year. A car made by a US automaker [ Choose ] and exported to China this year.D Answer Questions 6,7 and 8, based on the following information Consider the following data of country A. Use 2012 as the base year. 2012 2012 2013 2013 Good price quantity price quantity A $2 280 $5 200 320 $7 260 C $4 400 $8 350 D $6 350 $9 480D Question 5 4 pts Correctly classify each situation the shortcoming of GDP. A stay-home parent does [ Choose ] housework. Country A shows a remarkable [ Choose ] v increase in exports of fish products, but the ocean of country A shows problems of overfishing. Some people urge the [ Choose ] government to legalize the sales of marijuana, which can significantly increase tax revenue. Farmers in villages grow food [ Choose ] v for their own consumptions.D Question 6 1 pts Calculate nominal GDP in 2013. Answer: Nominal GDP in 2013 is $ D Question 7 1 pts Calculate real GDP in 2013 Answer: Real GDP in 2013 is $. D Question 8 1 pts Calculate the inflation rate between 2012 and 2013. (round to 2 decimal places) Answer: Inflation rate is %Answer Questions 9, 10 and 11, based on the following information. Consider the following table which shows the Germany GDP Germany GDP measured in current prices {Euro 2015 millions] 2016 Consumption by Households 1,630,88?1,6?5,569 1,?32,1?6 1,??6,691 Spending by Government 587.39? 615.494 638.8?5 662.185 Investment by rms 586,438 621,219 658.49? T1?,909 Exports of Goods and Services 1,428,6881,450,232 1,541,898 1,590,160 Imports of Goods and Services 1,184,550 1,202,?64 1,294,106 1,360,945 D Question 9 1 pts Does the table report the nominal GDP or real GDP? [ Select ] D Question 10 1 pts Calculate the GDP in 2017. Answer: The GDP in 2017 = Euro millions D Question 11 1 pts In 2018, does Germany experience trade deficit or trade surplus? [ Select ]
