Given the annual information

Assignment Help Business Economics

Reference no: EM138244

Q. Given the following annual information about a hypothetical country, answer questions a through d.
Billions of Dollars
Personal consumption expenditures $200
Personal Taxes 50
Exports 30
Depreciation 10
Government Purchases 50
Gross private domestic investment 40
Imports 40
Government transfer payments 20
a. What is the value of GDP?
b. What is the value of net domestic product?
c. What is the value of net investment?
d. What is the value of net exports?

Reference no: EM138244

Questions Cloud

Per capita disposable income is expected to decrease : Suppose the economy is in a recession and per capita disposable income is expected to decrease by 5%, then what percentage effect on sales would you expect to take place.

Efficiency lost at the boundaries : Why is efficiency lost at the boundaries as when substantially more of one good and very little of another is produced.

Capture of the regulatory agency : Discuss the capture of the regulatory agency and your prediction as to the capture of the replacement regulatory agency and the politicians in the future.

What factors underlie whether specialization in production : What factors underlie whether specialization in production will be partial or complete on an international basis.

Given the annual information : Given the following annual information about a hypothetical country, answer questions a through d

Government charges for electricity : Show the effect of an increase in the price that the government charges for electricity.

An increase in autonomous investment : An increase in autonomous investment will cause equilibrium output to increase

Grade point average : Suppose at Columbia University, grade point average (GPA) and SAT scores are related by the conditional expectation

Explain how much shelter : Explain how much shelter can she buy if she purchases 2 units of food.

User Account

All Pages