What is the gdp of this country

Assignment Help Microeconomics
Reference no: EM133614015

Problem: Category Value Personal consumpction $ 10 billion Nonresidential investment $ 3 billion Residential investment $ 1 billion Government consumption and investment $ 3.5 billion Exports $ 0.5 billion Imports $ 0.5 billion Consider the data for a small economy located in the table above. Assuming there were no changes in private inventories, what is the GDP of this country?

Reference no: EM133614015

Questions Cloud

What would happen to the eoq : The picture on the left shows a typical inventory graph when. If the holding cost would increase, keeping all else equal, then what would happen to the EOQ?
Conduct a hiking expedition to the moorehead trail : A suggestion by Sasha was made that we should conduct a hiking expedition to the Moorehead Trail.
What suggestions for further resources, or providing context : What suggestions for further resources, or providing context and insight?
What would the initial investment be for purposes : It would cost $800,000 to build the dealership. What would the Initial Investment (cash flow in Year 0) be for purposes of calculating whether or not to build
What is the gdp of this country : Consider the data for a small economy located in the table above. Assuming there were no changes in private inventories, what is the GDP of this country?
What did you find that was the most enlightening principles : Preview the article in your reading and describe some of the ethics principles related to the business culture. What did you find that was the most enlightening
Performance of the consulting work : BigCo responds by making its "final offer" to pay $10,000. Consultant responds by beginning performance of the consulting work. What is the result
Read the passage from a peoples democratic platform : Read the passage from "A People's Democratic Platform" by cultural critic Eric Schlosser on page 94 of the book.
What was the criticism of many congress-approved policies : What was the criticism of many Congress-approved policies of the 1920s? The policies were accused of concentrating wealth in the hands of the upper class.

Reviews

Write a Review

Microeconomics Questions & Answers

  Question based on benefit-cost analysis

What is your monthly loan payment? What is your yearly loan payment and what is your yearly depreciation? What is the book value of the property at the end of ten years?

  Explain free trade between australia and canada

With free trade between Australia and Canada, Australia would export beef to Canada. But Canada imposes an import quota on Australian beef.

  A use the following data to construct a production

a use the following data to construct a production possibility curve for a hypothetical

  How do rates of violent victimization vary with age

How do rates of violent victimization vary with age? Victimization rates are generally similar for older and younger adults.

  Economic way of thinking

Some people claim that the “economic way of thinking” does not apply to issues such as health care. Describe how economics does apply to this issue by developing a “model” of an individual’s choice?

  Examine reit sector of the singapore stock exchange

Examine REIT sector of the Singapore Stock Exchange (SGX). Examine the likely impact of a rising interest rate environment with moderating economic growth

  Under what conditions will the rationality be the same

Give an example of a decision that is rational ex-ante but irrational ex-post. Under what conditions will this ratonality be different and under what conditions will the rationality (ex-ante and ex-post) be the same?

  How would an increase in the prices of crops

How would an increase in the prices of crops of fresh produce that must be brought immediately to market-so-called truck crops-affect the wages of workers who harvest those crops

  Calculate the monopolists profit-maximizing price

Calculate the monopolist's profit-maximizing price, quantity, and profit if he can charge a single price in the market (single price monopolist).

  Explain effect of any seasonal factors using process

complete the statistical process control for the process identified in week one.write a paper of no more than 1050

  How many photons per second will your eye detect

How many photons per second will your eye detect from a 5th magnitude star seen through a filter that transmits light between 5000 and 6000 angstroms.

  Concepts of unemployment

Your task is to provide a current event type of assignment to demonstrate your understanding of the concepts we learned about in this unit in daily life.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd