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The table below shows the national income accounts for a hypothetical economy, Metrica. ($ billions) Corporate income 63 Exports 19 Wages and salaries 345 Net
The table below shows the national income accounts for a hypothetical economy, Metrica. ($ billions) Corporate income 63 Exports 19 Wages and salaries 345 Net international income to the rest of the world 4 Gross investment 104 Government purchases 122 Indirect taxes 16 Personal consumption 326 Imports 18 Depreciation 48 Proprietors incomes and rents 35 Statistical discrepancy ? a. The income-based estimate of Metrica's GDP is $| billion. b. The expenditure-based estimate of Metrica's GDP is $ billion. c. The value of the statistical discrepancy which is added to the lower estimate and subtracted from the higher estimate to find a single GDP value is $ billion. d. Metrica's GDP is $ billion. e. Metrica's capital stock (Click to select) | by $ billion. f. Metrica's GNI is $ billion. This means that income earned by the residents of other countries for their involvement in production in Metrica is (Click to select) | than income earned by residents of Metrica for their involvement in production in the rest of the world.The table below shows Consumer Y's monthly purchases during 2019, 2020 and 2021. Prices Quantities Consumed per Month (2019) [2020) (2021) (2019) (2020) (2021) Tacos 14. 00 $4. 20 $5. 00 5 8 Burritos 3. 00 B. 50 B. 25 4 5 6 a. Using the table, calculate the value of Consumer Y's 2020 shopping basket using 2020 prices. Enter your response rounded to 2 decimal places. $ b. What would the value of the 2020 shopping basket have been in 2019? In 2021? Enter your responses rounded to 2 decimal places. In 2019 $ In 2021 $ If 2020 is used as the base year, what is the 2019 value of Consumer Y's price index? What is the 2020 value? What is the 2021 value? Enter your responses rounded to 1 decimal place. Year Consumer Y's price index 2019 2020 2021 By what percentage has this index changed between 2019 and 2020? Enter your response rounded to 1 decimal place. % By what percentage has this index changed between 2020 and 2021? Include a minus sign (-) for any negative values. %The table below shows the national income accounts for a hypothetical country, Cascadia. Cascadia's National Accounts (2019) ($ billions) Proprietors incomes and rents 226 Personal consumption 1, 217 Imports 197 Government purchases 12 Exports 93 Net investment 186 Indirect taxes 235 Depreciation 82 Corporate income 345 lages and salaries 1, 379 Statistical discrepancy ? a. What is Cascadia's level of gross investment? $ billion b. What is the expenditure-based estimate of Cascadia's GDP? $ billion c. What is the income-based estimate of GDP? $ billion d. What is Cascadia's GDP? billion e. If Cascadia's population is 58 million, then what is its per capita GDP? Round off the answer to the nearest whole number. $ f. If Cascadia's own dollars are each worth US$1.20, then what is Cascadia's per capita GDP in terms of US dollars? Round off the answer to the nearest whole number
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