Assume that consumption decreases

Assignment Help Business Economics

Reference no: EM13743079

1) Assume that Consumption decreases by $25 million, Investment increases by $10 million, Government Purchases increase by $60 million, Exports decrease by $30 million and Imports decrease by $55 million. What is the net change in GDP in $million?

Hint: enter your answer without a $ sign and in terms of the number of millions

Example: if the answer is $45 million, enter 45

2) Assume that Croatia's GDP per capita in 2014 is $20,000 and their GDP per capita is growing at a 5% rate and will CONTINUEarrow-10x10.png to grow at a 5% rate in perpetuity. What will Croatia's GDP per capita be in 2042?

Hint: enter your answer without a comma or $ sign

Example: if the answer is $50,000, enter 50000

Reference no: EM13743079

Questions Cloud

Why did some slaves identify with their masters : Why did some slaves, including the slave driver, identify with their masters? What impact did excessive floggings or application of the lash have on the slaves? How did strong -willed slaves respond to cruel treatment?

Describe your plan for socialization : The Associate Degree in Nursing program at College is designed for individuals with significant clinical health care experience. Describe your plan for socialization into the role of the professional nurse

List four distinct tasks that a software engineer : From the first e-Activity, analyze the selected two (2) resources that are available for security professionals to find information about threats and / or malware active today. Justify your belief these resources are helpful for security professional

Describe the product-price-place and promotion of porsche : Describe the Product, Price, Place, and Promotion of Porsche. Explain the current situation of the organization in the market (industry, market, and general environment analysis). Describe your recommended organizational structure.

Assume that consumption decreases : Assume that Consumption decreases by $25 million, Investment increases by $10 million, Government Purchases increase by $60 million, Exports decrease by $30 million and Imports decrease by $55 million. What is the net change in GDP in $million?

Describe animal and plant cell structures : Title: Animal and Plant Cell Structures, Instructions: Your lab report will consist of the completed tables. Label each structure of the plant and animal cell with its description and function in the provided tables

How does supply and demand play a role in economic thinking : How does Supply and Demand play a role in economic thinking? What factors influence economics that don't directly relate to it? How does public choice economics influence the market?

Coincidence that economy is currently in recession : It is just a coincidence that economy is currently in recession. The prime minister has asked you to frame a policy package that will restore full employment without affecting the current account. Using the DD-AA model, describe a package of monetary..

Identifying the topic chosen in the subject of the posting : Choose one of the two "Moments" and present your answer to the "Discussion Questions" at the end in a discussion posting, clearly identifying the topic chosen in the subject of the posting. Support your opinions by referencing sources such as the t..

User Account

All Pages