Explain gdp, Macroeconomics

Assignment Help:

You are given the following information about an economy:

Gross Investment  =                                                         40

Govt. purchases of goods & service =                                   30

GNP    =                                                                         200

X - M =                                                                          -20

Personal Tax =                                                                 60

Govt. transfer =                                                               25

Interest payments from the Govt. to domestic Pvt. Sector =     15

Factor income received from the rest of the would =                7

Factor payment made to rest of would =                                9

Calculate:

a) Consumption

b) GDP

c) Net factor payment from abroad

d) Pvt. Saving

e) Public Saving.

 


Related Discussions:- Explain gdp

Moodys and standard & poors study corporations, Firms such a Moody's and St...

Firms such a Moody's and Standard &Poor's study corporations that issue bonds. They publish "ratings" for the bonds- evaluation of the likelihood of default. Suppose these rating c

Fiscal policy and budget, Fiscal policy is the program of government’s with...

Fiscal policy is the program of government’s with respect to the amount and composition of (i) expenditure: the purchase of commodities and services, and spending in the form of su

Paper, Ask Jenny, your niece, is a smart high-school student who wants to m...

Ask Jenny, your niece, is a smart high-school student who wants to make smart choices for her future. Hearing of your course in Business Economics, she has emailed you asking for a

Alternaria toxins, Several species of Alternaria (A. citri, A. alternata, ...

Several species of Alternaria (A. citri, A. alternata, A. solani and A. tenuissima) produce toxic substances that have been found in apples, tomatoes, blueberries and others. The

Elasticity of supply, The supply equation for widgets is P = 100 + 10QS. Th...

The supply equation for widgets is P = 100 + 10QS. The elasticity of supply between quantity supplied of 9 and 11?

Mec, discuss mec

discuss mec

Illustrate diffrent types of interest rates, Q. Illustrate diffrent types o...

Q. Illustrate diffrent types of interest rates? There are many other interest rates in a society. For instance, you will earn interest when you deposit money in a bank account

Why are the imports subtracted - nominal gdp, Why are the imports subtracte...

Why are the imports subtracted when GDP is measured in expenditure approach? If you woke up in the working & found that nominal GDP has doubled overnight. what statistic wou

What are the potential advantages of economic growth, What are the potentia...

What are the potential advantages of economic growth? The potential advantages of growth include • More goods and services are accessible to satisfy more want and requireme

Write Your Message!

Captcha
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