Suppose we have the following information about a car manufacturer: car sales £1000, steel purchases £600, wages £300, interest on business loans £50, and profits £50. What is its contribution to GDP using the product approach? (a) £1,000. (b) £600. (c) £400. (d) £350. (e) £160

Q: 5-62. In a certain office, a letter is typed by A in 4 minutes. The same letter is typed by B. C and…

A:

Q: Disposable Income Consumption expenditure (dollars) 100 100 180 200 260 300 340 400 420 500 500

A: Disposable Income (yd) Consumption (C) Saving (S) = Yd - C 0 100 -100 100 180 -80 200 260 -60…

Q: Disposable Income (YD) $ 0 200 400 600 800 1,000 Consumption (C) $ 150 300 450 600 750 900

A: In an economy, the consumption function is used to explain the overall consumption behavior of…

Q: d. $300

A: Budget constraint is defined as the different combinations of goods and services that a consumer can…

Q: Nominal GDP in year 5 is:

A: Nominal GDP is the market value of all final goods and services produced by a nation at the current…

Q: Consumption=$450, GDP=$900, GNP=$840, GDE=$980, Current Account=50, Corporate Profits=$130, Domestic…

A: The national income accounting determines the level of economic activity in a country by measuring…

Q: a single day Raju, the parber, collects Rs 500 from haircuts; over this day, his equipment…

A: GDP or gross domestic product calculates the final value of the good or service, produced…

Q: what is Value Added at Producer Price and Value Added at Purchaser Price.  How are they calculated

A: Value-added at producer price: The producer's prices are the prices which are received by the…

Q: Personal Profile: Dave and Anna Dave and Anna are married with 2 young children (ages 5 and 7 years…

A: Budget Profile B :  The only source of income for Dave and Anna is their combined take home pay…

Q: iage is a Year Expenditures 1 $40,000 2 $45,000 3 $80,000 $280,000 $550,000 6 $750,000

A: Compounding is the interaction by which interest is credited to a current chief sum as well as to…

Q: Year PDB 2015 2016 2017 1200 1230 1290 1300 2018 2019 1500

A: Given data for 5 years Growth rate each year formula = (PDB in year 2016 / 2015) - 1 * 100 =…

Q: Find intermediate consumption if value of output is $5000 and the value added is $2300

A: The data presented in the question above is:- Value of output = $5000 Value added = $2300…

Q: find the budget expenditure when the plan expenditure is $86222 and the non plan expenditure is…

A: Generally in the given question, Plan expenditure value is = $86222 Non plan expenditure is = $53910…

Q: Please write the share of technology intensity of Turkey for 2020 or 2019 HIGH TECHNOLOGY PRODUCTS %…

A: Technology: It refers to the innovation that takes place in the economy. The more innovation will…

Q: From the following data, calculate national income by value added (net output) method (Rs. In…

A: Given: Gross value of output at market prices (GVAMP) = Rs. 18,000 crores Value of intermediate…

Q: If nominal GNP through expenditure approach is $21100 and real GNP is $20000 then calaculca the GNP…

A: Given Nominal GNP = $21100 Real GNP = $20000

Q: The average price of the gasoline in 2021 was $3.01 per gallon. In 2001, the average price was…

A: Future value refers to the value of a specific amount in future at some interest rate.

Q: years 2019 2020 Quarter 2 Data Category and Component Agriculture Mining and Quarrying Unit…

A: Base on the table given explain the event at quarter 4 2019 to quarter 4 2020. Answer: In the…

Q: IF  GVA factor cost = $ 512  Production taxes = $12  then calculate the gross value added at…

A: Basic prices - Cost or price of a product with production taxes.

Q: Find value added if:- Value of output is $300 million and the intermediate consumption is $60…

A: The given information is as follows:- Value of output =$300 million Interned consumption = $60…

Q: Gross national product counts goods and services produced within the country's borders, regardless…

A: It is the GDP (Gross domestic product) that counts the final value of goods and services produced…

Q: ) invest 2000 IV in D in one vear

A: Investment is dependent upon many factors like interest rate, time invested, returns expected, etc.…

Q: Find value of output if intermediate consumption is $45,000 and value added is $76,000?

A: As per the question we are given  Intermediate consumption = $45,000 Value added = $76,000 we have…

Q: 1.20 A nation's gross domestic product is.. a) C+1+ G + (X-M) b) The total amount of money in…

A: "Since you have asked multiple questions, we will solve the first one for you. If you want any…

Q: A firm has invested a sum of £100 million to construct new manufacturing plant. Workers spend 90 per…

A: "The size of investment multiplier tells how much a rise in income occurs when autonomous investment…

Q: If intermediate consumption is $430 million and value of output is $560 million Calculate value…

A: According to the above mentioned question, the values are:- Intermediate Consumption = $430 Million…

Q: Calculate the value of APC when Consumption is $315 and the value of income is $850

A: # The value of APC is given as:- APC = Consumption/Income

Q: A manufacturer purchased $4000 worth of ingredients and produced 2000 units of output. All units…

A: Value added method measures the increase in value that a firm contributes to a product. Value Added…

Q: D. Using the data above, calculate domestic product using the Exper

A: The goods and services final value produced in a year inside the domestic boundary depicts GDP…

Q: D. - $489 billion.

A:

Q: What is Gross Value Added? What is GVA of banana industry in the Philippines?

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: The average price of gasoline in 2005 was $2.31 per gallon. In 1993, the average price was $1.07.∗…

A: Inflation describes how the average price of a typical domestic product rises over a specific time…

Q: From the following data calculate GNP at factor cost by Income Method & Expenditure Method Rs. in…

A: The gross national product at factor cost represents the market value of all goods and services…

Q: The value of Consumption is $2000 and the disposable income is given as $2700 Calculate the value…

A: The given information is as follows:- Consumption expenditure is given as $2000 Disposable income Is…

Q: 2001 the value of RGDP was $12.40 trillion, the population was 282.19 million, and the umber of…

A: Real GDP measures the value of goods and services using constant set of prices.

Q: onsider the police force of a country . its job is to maintain law an order of the country. suppose…

A: Aggregate demand is the sum of all the expenditures in the economy. The following are the components…

Q: What is unit root problem? How does one solve the problem of unit root?

A: Unit root is a measurement unit that helps in determining the stationarity in the time series model.…

Q: The ratio of Consumption to savings is given as 5/3  Calculate the value of savings if the value of…

A: # in the above question we are given the value of income to be as $6000 and we need to calculate the…

Q: Contents * (in crores) (i) Interest Dhow 600 (ii) Net Current Transfers from Rest of the World 200…

A: Your answer is given below in second step:

Q: What would be the value of consumption of Saving is $1300 and the income is $2250

A: Given that, Income (Y) = $2250 Saving (S ) = $1300

Q: The traditional method for accounting purposes is the Gross Domestic Product. However, this method…

A: The gross domestic product (GDP) is a sum total of all services and goods produced/made in a…

Q: mpounded annually. What is the present value of the investment?

A: Formula:  Present value = future value *(1+I)n  Here, I is the interest rate N is the number of…

Q: b-2. What is the ratio of real assets to total assets? Ratio of real assets to total assets

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: If value added is $100 million and the value of output is $130 million Find the value of…

A: The information being given is:- Value added= $100 million Value of output = $130 million We have to…

Q: Change in stocks is $7000 and the sales are $71,000 in 2020 Calculate value of output

A: According to the above given question, we have:- Change in stock = $7000 Sales = $71,000 We have to…

Q: If value added is $6000 and value of output is $16000 Calculate intermediate consumption

A: According to the above mentioned question, we have:- Value added = $6000 Value of output = $16,000…

Q: 1. There is a country, which is located in the south of the Mediterranean. This country's GDP is 500…

A: The auto sector accounts for the second most extensive reference for growing CO2 emissions globally.…

Q: If intermediate consumption is $40 million and value of output is $50 million Find the value added

A: The given information is as follows:- Intermediate consumption = $40 million Value of output = $50…

Q: 1.20 A nation’s gross domestic product is… a) C + I + G + (X-M) b) The total amount of money in…

A: Gross domestic product refers to the measurement that seeks to capture a country's economic output.