In 2019, a country in MENA region recorded following macroeconomic information: Consumption Depreciation Retained earnings US$...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
In 2019, a country in MENA region recorded following macroeconomic information: Consumption Depreciation Retained earnings US$ 250 million 20 12 Gross investment 30 Imports 70 Exports 120 Net foreign factor income 10 Government spending 85 a. How much is GDP? (1 mark) b. How much is net investment? (1 mark) C. How much is national income? (1 mark) d. If all prices were to tripled overnight, what would be the i. Change in real GDP? (1 mark) Change in nominal GDP? (1 mark) Note: SHOW all the necessary calculations, less marks will be given if you failed to show the calculation. Answer In 2019, a country in MENA region recorded following macroeconomic information: Consumption Depreciation Retained earnings US$ 250 million 20 12 Gross investment 30 Imports 70 Exports 120 Net foreign factor income 10 Government spending 85 a. How much is GDP? (1 mark) b. How much is net investment? (1 mark) C. How much is national income? (1 mark) d. If all prices were to tripled overnight, what would be the i. Change in real GDP? (1 mark) Change in nominal GDP? (1 mark) Note: SHOW all the necessary calculations, less marks will be given if you failed to show the calculation. Answer
Expert Answer:
Answer rating: 100% (QA)
GDP is the gross domestic product and the output produced in the teritory of the country is called G... View the full answer
Related Book For
Taxation for Decision Makers 2014
ISBN: 9781118654545
6th edition
Authors: Shirley Dennis Escoffier, Karen Fortin
Posted Date:
Students also viewed these accounting questions
-
If you owned Ziba Designs, what would be the critical issues and questions that you would focus on in writing a business plan for yourself? Could this business be sold to someone else? If so, what...
-
If fixed costs increase, what would be the impact on the (a) Contribution margin ? (b) Income from operations?
-
All other factors held constant, what would be the effect on the demand for money (M1) of each of the following situations. Explain the rationale behind your responses. 1. An increase in real GDP 2....
-
Listed below are the genders of the younger winner in the categories of Best Actor and Best Actress for recent and consecutive years. Do the genders of the younger winners appear to occur randomly? F...
-
According to an article in Travel and Leisure, every person in a small study of sleep during vacation was found to sleep longer than average during the first vacation night.1 Suppose that the number...
-
You can purchase an optical scanner today for $400. The scanner provides benefits worth $60 a year. The expected life of the scanner is 10 years. Scanners are expected to decrease in price by 20% per...
-
Describe the procedure for examining a hypothesis related to proportions of paired samples.
-
The comparative balance sheet of Charles Inc. for December 31, 2014 and 2013, is shown as follows: Additional data obtained from an examination of the accounts in the ledger for 2014 are as follows:...
-
Use the given graph off to state the value of the limit, if it exists. 13 y 3 2 14 0 2 4 6 t Qu (a) lim f(x) (b) lim f(x) (b) lim f(x) (c) lim, f(x) (d) lim lim f(x)
-
Question (700 words) John Densmore, a law student and part-time musician, was seriously injured in a car accident. The other car's driver, Ray Manzarek, a renowned life motivation coach and a...
-
An 8 simple curve connecting two tangent that intersect at an angle of 88 is to be replaced by a symmetrical three centered compound curve at the center having 6 end curves and a 10 curve at the...
-
Do you think that "bad" parenting can cause mental illness such as schizophrenia? Why or why not? Give some examples.
-
Calculate the Altman Z score for both years. Would you give a loan to the company? Below you can find "Alpha Logistics" financial statements for 2020 and 2019 (all amounts are in euro): Balance Sheet...
-
A functional behavioural assessment sometimes does not give us the entire picture. What else could be influencing the person you support? Complete the systems document based on Uri Bronfenbrenner's...
-
Explain the relevance of content validity testing as it relates to the experimental, quasi-experimental, and non-experimental research.
-
What are some ways in which use of indirect instruction can be utilized to make your teaching more engaging and differentiated for all the diverse learners in your classrooms? Explain how factors...
-
Assume that you are a female senior high school athlete who aspires to play soccer at a U.S. University 250 miles (400 km) from home. As an all-state varsity soccer player, you receive numerous...
-
Find the volume of the described solid S. A frustum of a right circular cone with height h, lower base radius R, and top radius r -r- --R
-
Your client, Ted, would like your assistance in selecting one of the following assets to give to his 16-year-old daughter. The corporate stock pays only $100 in dividend income each year but has...
-
Bently Corporation can sell a warehouse for $800,000 that has a basis of $300,000. It has two replacement alternatives. It can purchase a replacement warehouse for $800,000 or it can make a direct...
-
Wilma had a number of stock transactions during the year that resulted in an $18,000 capital loss. She has one stock remaining in her portfolio that would give her a $16,000 capital gain if she sold...
-
An economist believes that the median income of lawyers who recently graduated from law school is more than \(\$ 64,000\). He queries a random sample of 12 lawyers and obtains the accompanying data....
-
One important variable to consider in trading stock is the daily volume. Volume is measured in number of shares traded in the stock. Stocks with lower volume tend to have more variability in the...
-
The median is different from 120. An analysis of the data reveals that there are 35 minus signs and 28 plus signs. Use the sign test to test the given alternative hypothesis at the \(\alpha=0.05\)...
Study smarter with the SolutionInn App