By what percentage would gdp be boosted

Assignment Help Business Economics

Reference no: EM13147986

Data for the country Upper Mongoose is given in the table below: Category Value Net exports $50 billion Value of new goods and services produced in the underground economy $80 billion Personal consumption expenditures $350 billion Value of the services of stay-at-home parents $30 billion Gross domestic investment $100 billion Government purchases $50 billion Total $660 billion What is Upper Mongoose’s GDP for the year? $ billion What is the size of the underground economy as a percentage of GDP? % By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP? %

Reference no: EM13147986

Questions Cloud

Which of these structures are most likely to be a component : Which of these structures are most likely to be a component of both chytrid zoospores and motile animal cells?

Create confidence for the sample mean will be more : The average age in the sample was 22.5 years with a standard deviation of 5 years. Construct a 95% confidence level. What is the probability that the sample mean will be more than $306.60?

The expected global flow pattern of the atmosphere : Suppose a new terrestrial type planet is found orbiting a star like the Sun at about 1AU. It has an Earth-type atmosphere (similar in temperature and density) and a well defined surface. It's orbit is nearly circular and its rotation has evolved to t..

Trade or business expenditures : Which of the following trade or business expenditures of Ajax Inc. are deductible on its current year tax return? If an expenditure is not deductible, explain why it is not a valid deduction.

By what percentage would gdp be boosted : By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP? %

Name a pair of known inhibitors : A pharmaceutical company has sent you samples of two new metabolic inhibitors to characterize as possible antibiotics.

Analysis of the general ledger accounts : An analysis of the general ledger accounts indicates that office equipment which cost $68,000 and on which accumulated depreciation totaled $22,500 on the date of sale was sold for $39,600 during the year.

Find t score using distribution of difference between means : Ethnic Group A: N = 15 M= 55 S2 = 6.5 Ethnic Group B : N = 23 M= 51 S2 = 4.5. If the standard deviation of the distribution of the difference between means is .76, what is the t score?

Bonds for industrial development for mass transit : Fluent, an investor in stocks and bonds, wanted to increase his portfolio but wanted to minimize his tax liability on the income from the bonds.

User Account

All Pages