Table 11-6 Real GDP Consumption Inv 1 $1,000 $1,000 2 2,000 1,900 3 3,000 2,800 4 4,000 3,700 Using the table above, answer the following question dollars. 13) Refer to Table 11-6. What is the value of MPC? A) 0.2 B) 0.5 C) 0.75 D)0.9 E) None of the above
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- 11.(a) Find an expression for the IS curve of the domestic economy. There is no need to show mathematical derivations. a. Y = (08)DD - (0.5) i b. Y = (12-0)DD - (1250) i 0 L * c. Y Y = (0.146 )DD - (0.840) i 5-)i + (² 5-) Y² B 0.8+0 0.8+0 0 0.5 d. Y = ( 1¹0 )DD − ( 145 )i + (14)Y* - 0 1+0 1+0 e. None of the above3. Consider the following table showing the breakdown of GDP (in billions) for China. GDP Category Wages and Salaries Consumption Investment Depreciation Government Amount (in billions) 1000 1700 700 50 100 Expenditure Тахes 300 Еxports Imports Income receipts from rest of the world Income payment to rest 50 40 10 50 of the world What are net exports for China? 4. Suppose that GDP in Japan is 1030 and then grows to 1160 (all numbers in billions) What is the growth rate of GDP in Japan?14 150 you have these informations representing an economic activities for a mentioned country as following disposable personal income 500 government revenues 520 corporate taxes 100 gross investment expenditures 400 PROFIT 300 consumption expenditures 450 government expenses 430 DIVIDENDS 70 net investment expenditure 350 find the value of the following accounts 1- national savings ? 2- Business savings ? 3- government savings ? 4- Retained profit? 5- Depreciations ?
- 9:20 197% O a 36l Show Timer ¥ Question Completion Status: yovtmItni taptists DIVIDENDS 70 net investment expenditure 300 find the value of the following accounts : 1- national savings ? 2- Business savings ? 3- Government savings ? 4- Retained profit? 5- Depreciation ? ) A Moving to another question will save this response. « K Question 2 of 9 Il>E Question 7 B Currently, the U.S. has a total consumption of $10,000,000, savings of $4,000,000, tax revenues of $5,000,000, and government spending of $8,000,000. Assuming net exports are zero, solve for the total investment in the U.S. economy. S Provide your answer as a whole number. Typed numeric answer will be automatically savedming - Google Chrome atic/nb/ui/evo/index.html?deploymentld=D56736719115714608139104112999&elSBN=9781337096607&id3D709153691&snapshotld=D1586258& Q Search this course CENGAGE MINDTAP Homework (Ch 13) es The following table contains data for a hypothetical closed economy that uses the dollar as its currency. A-Z Suppose GDP in this country is $1,330 million. Enter the amount for investment. Value National Income Account (Millions of dollars) Government Purchases (G) 350 Taxes minus Transfer Payments (T) 455 Tips 700 Consumption (C) Investment (I) 280 ips Fial of bonga ITED Complete the following table by using national income accounting identities to calculate national saving. In your calculations, use data from the preceding table. National Saving (S) %3| million A+ 9:45 PM o search 4/3/202 hp f5 I f6 ins prt sc fg fg f12 II delete home end & 8. num backspace lock T. home %24
- 4. Deriving net exports By definition, net exports from Japan are equal to exports from Japan minus imports into Japan. In a hypotheticall two-country world, imports into Japan are equal to exports from the United States. So the value for net exports from Japan is equal to exports from Japani minus exports from the United States, Graphically, at each exchange rate, the value for net exports is the horizontal distance from U.S. exports to Japanese exports. Use the graph input tool to answer the following questions. You will not be graded on any changes you make to this graph. (Note: To avoid dealing with decimal places, this calculator reports the price of yen in terms of dollars per 1,000 yen. That is, the price on the vertical axis is the dollar price of a 1,000-yen note instead of a single yen. As you have already seen, a price of 8 dollars per 1,000 yen is the same as 125 yen per dollar. Once you enter a value in a white field, the graph and any corresponding amounts in each grey…Economics QuestionAssume there are only two producing sector Y & Z in an economy. Calculatea) Gross value added at market price by each sector b) National income from the followings:Items Amount in CroresNet factor income from abroad- 20Sales by Y= 1000Sales by Z= 2000Change in stock of Z= -200C Closingstock of Y= 50 Opening stock of Y= 100Consumption of fixed capital by Y & Z= 180Indirect taxes paid by Y & Z= 120Purchase of raw material by Y= 500Purchase of raw material by Z= 600Exports by Z= 70
- Spring20 fall20 Which of the following expressions equals GDP? Select one: a. compensation of employees + gross investment + rental income + depreciation + corporate profits + indirect taxes-subsidies b. compensation of employees + consumption + depreciation + net investment O C. compensation of employees + net expdsts + depreciation + corporate profits d. compensation of employees + net interest + rental income + depreciation + corporate profits + proprietors' income + indirect taxes - subsidies Next page43. The table below shows aggregate values for a hypothetical economy. Suppose this economy has real GDP equal to potential output. Potential GDP $14 000 Government purchases $2100 Investment $300 Consumption $10 000 Net tax revenues $2000 TABLE 25-3Refer to Table 25-3. What is the level of national saving for this economy? $2000 $1900 $1800 $2500 $1500What is the purpose of the statement of cash flows? Describe the potential statement of cash flows classification differences between U.S. GAAP and IFRS. What transactions are included in income from continuing operations? Briefly explain why it is important to segregate income from continuing operations from other transactions affecting net income. What is meant by the term "earnings quality". Give an example.