Question: Section B. Analysis & Calculations 1. From the table below, reconcile the GDP at market prices with that at factor cosL if the latter was


Section B. Analysis & Calculations 1. From the table below, reconcile the GDP at market prices with that at factor cosL if the latter was 500. Government spending 70 Investment 56 Personal Conmlmption 204 Exp-orbs 89 Imports 84 2. Compute annual average rate of growth if index of GDP in year 1 (Y1 = 100) and in year 5 (Y5 =145). 3. If the weighted average gross output in all agriculture industries for 2014 sum to 3420111 and the respective weighted average intermediate costs amount to $120m in Fiji, what is the contribution of this sector to Fiji's GDP and national income. 4. Using data in (3 ), suppose if the agriculture sector's share to GDP is 20%, determine its contribution to the rate of growth in 2014, if it grew by 5% in this year. 5. Determine GVA and gross incomes if gross output = 245, intermediate consumption = 45, wages = 100, mixed income = 20 and reminder is pure prots. 6. Estimate GDP if GVAR = 0.69 and gross output is $1000n1 for Kiribati in 2015. 7. Determine net value added if gross output is $10002 of which 55% is intermediate consumption and 4% deprecation is applied to $3000 is the value of gross fixed capital for the accounting year. 8. If gross savings = $5000 and net acquisition of capital assets amount to 35000, What does the decit of $1000 represent? 9. Determine Lasperye's index if aggregated price in base period was P0 = 100 and aggregated quantities in base period was Q0 = 120. Assume P1 =110, Q1=125
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
