The following Figures are for the economy of country Alpha in 2010 (in millions of dollars) \table[[Rent, 120], [imports, 115], [Personal Consumption Expenditure,720], [Gross NationalProduct,880], [Taxes on production and imports,30], [Corporate income taxes,20], [Netprivate Investment, 110], [Undistributed Corporate Profit,30], [Net interest, 50], [Compensation of Fixed Capital (deprecation), 10], [Social security contribution, 15], [TransferPayment, 50], [Personal saving,25], [Government Expenditure on goods and services, 90], [distributed Corporate Profit,80], [Exports, 110], [Statistical Discrepancy,25]] Use the abovedate to calculate the following: \table[[distributed Corporate Profit,], [Exports, ], [StatisticalDiscrepancy,]] Use the above date to calculate the following: a. Gross Domestic product (GDP) b. Net Foreign Factor Income (NFFI) C. National Income (NI) D. Compensation ofemployees e. Personal Income (pl)

b. Net Foreign Factor Income (NFFI)NFFI = Net interest + Compensation of employees - Social security…

Answered: The following Figures are for the…

Essentials Of Business Analytics

1st Edition

ISBN:9781285187273

Author:Camm, Jeff.

Publisher:Camm, Jeff.

Chapter3: Data Visualization

Section: Chapter Questions

Problem 2P: The following table shows an example of gross domestic product values for five countries from 2005...

See similar textbooks

Similar questions

Suppose that in 2010, Country A's GDP was equal to $250$⁢250 billion and federal tax revenue was 26%26% of GDP. Corporate income taxes accounted for 9%9% of total federal tax revenue. If in 2012, GDP rose to $280$⁢280 billion and corporate income taxes increased by $2.15$⁢2.15 billion compared to 2010, calculate corporate income taxes as a share of GDP in 2012. Round all intermediate calculations and your final answer to two decimal places if necessary.
Refer to the table (figures in billions). Year Nominal GDP Price Deflator Real GDP 2012 $3,405.0 87.2 2013 91.0 $4,146.2 2014 4,038.7 94.4 2015 96.9 4,405.2 4,539.9 4,539.9 4,900.4 2016 2017 103.9 2018 108.5 4,839.4 2019 5,222.2 113.1 2020 117.8 4,819.6 The nominal GDP for 2020 is O A. $4,819.6 billion. B. $4,091.3 billion. O C. $5,677.5 billion. D. Uncertain without more information.
Consider the following information listed showing past and projected federal revenue spending and GDP Figures are in billions Find the deficit or surplus and debt as a percentage of GDP in 2000 and 2010 In 2000Surplus was 220 the debt was 5000 and the GDP was 9811 In 2000 the surplus was __ % and the debt as a percentage of the GDP is ___ what percent ? In 2010 the deficit was -1406 the debt was 13000 and the GDP was 13935 2010 the deficit is ____ % and the debt as a percentage of GDP is what percent The deficit or surplus changed by ______ what percentage points and the debt changed by ____ what percentage points ? 2020 the deficit was -474 the projected debt was 19800 and the GDP is 10000
Using the following national income accounting data, compute (a) GDP. (b) NDP, and (c) NI. All figures are in billions. Category Compensation of employees U.S. exports of goods and services Consumption of fixed capital Government purchases Taxes on production and imports Net private domestic investment Transfer payments U.S. imports of goods and services Personal taxes Net foreign factor income Personal consumption expenditures Statistical discrepancy Instructions: Round your answers to 1 decimal place. a. GDP = $ 437.8 billion b. NDP = $426.02 billion C. NI = $ 425.6 billion Billions $ 225.2 18.8 11.8 59.4 14.4 52.1 13.9 16.5 40.5 2.2 249.1 0.0
The aggregate expenditure for a simple economy in 2016 was $9 million. The table below shows spending data from 2017- 2019 for the same economy. What is the average annual growth rate in aggregate expenditure during this time period? 2017 2018 2019 Consumption $5,100,000 $5,200,000 $1,980,000 $400,000 Gov't Spending on Goods/Services $2,500,000 $2,370,000 $600,000 $2,400,000 $5,000,000 $2,120,000 $500,000 $2,500,000 $500,000 Actual Investment Unplanned Investment $300,000 $400,000 Gov't Spending on Transfer Payments Total Exports Total Imports $2,000,000 $2,200,000 $800,000 $2,300,000 $700,000 $900,000 Select one: O a. 7.44% O b. -4.81% O c. I'll take 2 Points O d. 3.87% O e. 5.63% O f. 7.35% O g. 4.22% O h. 1.49%
From 2007 to 2009, calculate the percentage change in (a) real consumption (b) real investment (c) real government spending
Villareal's nominal GDP increased from $1275 billion to $159 billion last year. During the year, its economy experienced infiation, with its price index increasing from 102 to 106, while the number of persons employed increased from 15 million to 16 million By what percentage did its labour productivity increase during the year? Labour productivity increased by 1%. Round your answer to 2 decimal places
C Company has the following data for the year ending 12/31/2020 (dollars are in thousands): Net income = $600; EBIT = $1,184; Total assets = $3,000; Short-term investments = $200; Total capital employed = $2,193; and tax rate = 30%. The company’s WACC is 11.07%. What was its Economic Value Added (EVA) for the year 2020? Round your answer to the nearest dollar. Group of answer choices: $583 $586 $577 $572 $580
During the Post-WWII “Baby Boom” from 1946-1970, US GDP grew by an annualized _____ per year; in annualized percentage terms this is most likely the largest 25-year period of economic growth ever. (a) 2.3% (b) 3.2% (c) 6.7% (d) 7.6% (e) 9.2%
The Table below summarizes the nominal and real GDP information for an economy for 2013 and 2014: 2013 2014 Nominal GDP $43,000 $51,000 Real GDP $38,700 $44,300 Between 2013 and 2014, what has happened to price levels in this economy? Select one: O a. The price level has risen. O b. The price level has remained constant. O . The price level has fallen. O d. Not enough information is available to determine what has happened to prices.
In 1990, the average home price in Texas was $85,815 and in 2010, the average price was $191,014. On average, what was the yearly increase in the average home price during this time period? Round to the nearest whole dollar. Part C: In 1990, the median price in Texas was $68,470 and in 2010, the median price was $146,417. On average, what was the yearly increase in the median home price during this time period? Round to the nearest whole dollar.
According to the Census Bureau, in October 2016, the average house price in the United States was $28,258. 6 years earlier, the average price was $20,608. What was the annual increase in the price of the average house sold?

SEE MORE QUESTIONS

Recommended textbooks for you

Essentials Of Business Analytics

Statistics

ISBN:

9781285187273

Author:

Camm, Jeff.

Publisher:

Cengage Learning,

Essentials Of Business Analytics

Statistics

ISBN:

9781285187273

Author:

Camm, Jeff.

Publisher:

Cengage Learning,

SEE MORE TEXTBOOKS