Calculate Iberias GDP. Use the following data on the economy of Iberia. Net taxes $18 billion Government
Question:
Calculate Iberia’s GDP.
Use the following data on the economy of Iberia.
- Net taxes $18 billion
- Government expenditure $20 billion
- Saving $15 billion
- Consumption expenditure $67 billion
- Investment $21 billion
- Exports $30 billion
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
Because the value of income equals th...View the full answer
Answered By
Lamya S
Highly creative, resourceful and dedicated High School Teacher with a good fluency in English (IELTS- 7.5 band scorer) and an excellent record of successful classroom presentations.
I have more than 2 years experience in tutoring students especially by using my note making strategies.
Especially adept at teaching methods of business functions and management through a positive, and flexible teaching style with the willingness to work beyond the call of duty.
Committed to ongoing professional development and spreading the knowledge within myself to the blooming ones to make them fly with a colorful wing of future.
I do always believe that more than being a teacher who teaches students subjects,...i rather want to be a teacher who wants to teach students how to love learning..
Subjects i handle :
Business studies
Management studies
Operations Management
Organisational Behaviour
Change Management
Research Methodology
Strategy Management
Economics
Human Resource Management
Performance Management
Training
International Business
Business Ethics
Business Communication
Things you can expect from me :
- A clear cut answer
- A detailed conceptual way of explanation
- Simplified answer form of complex topics
- Diagrams and examples filled answers
4.90+
46+ Reviews
54+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Calculate Iberias imports of goods and services. Use the following data on the economy of Iberia. Net taxes $18 billion Government expenditure $20 billion Saving $15 billion Consumption expenditure...
-
Use the following data to answer the following questions: (a) What is equilibrium GDP? (b) If full employment occurs at a real output level of $910, how large is the real GDP gap? (c) If AD increases...
-
Use the following data from Wal-Mart to answer the questions below. 1. Calculate the inventory turnover and the days in inventory for Wal-Marts fiscal years 2006 through 2009 (assume 365 days per...
-
Generally, the JDBC API perform the following three functions a. Connect to database, load JDBC driver, perform the query b. Perform the query, connect to database, load JDBC driver c. Get result...
-
For some metal alloy, a true stress of 345 MPa (50,000 psi) produces a plastic true strain of 0.02. How much does a specimen of this material elongate when a true stress of 415 MPa (60,000 psi) is...
-
Under a single-rate electricity tariff for households and small businesses in Australia, a flat usage rate is charged for "blocks" of electricity consumed. The rate for the first block is higher than...
-
What are the main functions of good environmental management? Which environmental management tools are related to each of these functions? Are there any environmental management tools common to all...
-
Harold, a CPA, has a new client who recently moved to town. Harold prepares the client's current-year tax return, which shows a net 1231 gain. Harold calls the client to request copies of the...
-
Restaurant Customer Queue Length when Carryout Orders are Being Processed If the Paramount can process 90 customers per hour, let's assume that Michael Conlon allows 10% of the customer orders to be...
-
Consider Exhibit 225, which shows the responsibility margins for the SalesDepartment and Repairs Department profit centers at the 42nd Street store of NuTech Electronics. Assume that 25 percent of...
-
A ________ is a final good and ________ is an intermediate good. A. New car bought by a student; a used SUV bought by a dealer B. New textbook; a used textbook C. New iPhone bought by a student; a...
-
Classify each of the following items as a final good or service or an intermediate good or service and identify it as a component of consumption expenditure, investment, or government expenditure on...
-
In problem 67 and 68 find the (perpendicular) distance between the given parallel lines. 1. 2x + 4y = 7, 2x + 4y = 5 2. 7x - 5y = 6, 7x - 5y = - 1
-
1. Download 10 years worth of end-of-month prices from Yahoo Finance* for the following tickers: MSFT, C, F, XOM, DUK For MSFT, you can use the link https://finance.yahoo.com/quote/MSFT/history. Do...
-
b. Suppose that the market expects the values for the three macro factors given in column 1 below, but that the actual values turn out as given in column 2. Calculate the revised expectations for the...
-
Jane Corp. had a net profit margin of 6% last year and an equity multiplier of 4.0. If its total assets are $250 million, what is the firm's return on equity? b). Excerpts of The Tree Ltd.'s...
-
Social workers should take responsibility and credit, including authorship credit, only for work they have performed and to which they have contributed. (b) Social workers should honestly acknowledge...
-
The Application Appointment ( A simple calculator and notepad is helpful for this activity. ) You are a loan originator, and you have a new couple, Pat and Kris as customers who would like to apply...
-
In which provinces is auto insurance provided by a government agency?
-
The comparative statements of financial position of Menachem NV at the beginning and end of the year 2019 appear below. Net income of ¬34,000 was reported, and dividends of ¬23,000 were paid...
-
Record U.S. corn crop, up 24%, is forecast The USDA reported that world corn production will be 9.9 percent greater than last years, while U.S. corn production will be 24 percent larger. The price of...
-
Record U.S. corn crop, up 24%, is forecast The USDA reported that world corn production will be 9.9 percent greater than last years, while U.S. corn production will be 24 percent larger. The price of...
-
Record U.S. corn crop, up 24%, is forecast The USDA reported that world corn production will be 9.9 percent greater than last years, while U.S. corn production will be 24 percent larger. The price of...
-
The idea of leadership and the word "leader" has been used in political and business scholarship to denote both those in formal power positions (i.e., king, head of state, president, CEO), as well as...
-
Onslow Company purchased a used machine for $178,000 cash on January 2. On January 3, Onslow paid $2,840 to wire electricity to the machine. Onslow paid an additional $1,160 on January 4 to secure...
-
\- A word most of us are familiar with, But is it management of time we talk about? If you go by its literal meaning, it says about managing the time - Is it possible? Not Really! We cannot...
Study smarter with the SolutionInn App