da am son Country GDP c. 100,000 d. 40,000 $10,000 $20,000 $ Tij = 0.001 x [(Y₁xY₁) /Dij] Distance from: Alada 100 km 250 km Distance from: Belam If the trade volume between Alada and Canson equals to the trade volume between Alada and Belam, what is the expected GDP for Canson? a. 50,000 b. 25,000 100 km 100 km
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![Alada
Belam
Canson
Country
GDP
$10,000
$20,000
$
Tij = 0.001 × [(Y₁ × Yj) / D¡j]
Distance from:
Alada
100 km
250 km
Distance from:
Belam
If the trade volume between Alada and Canson equals to the trade volume between Alada and Belam, what is the expected GDP for Canson?
a. 50,000
b. 25,000
c. 100,000
d. 40,000
100 km
100 km](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7ab2fcdd-e673-450e-8879-48d7de8ef6bd%2F8d4d341b-8a7c-4035-81f0-8baa517da20b%2Fv0j17z_processed.png&w=3840&q=75)
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- How can a decline of natural resources and biodiversity affects a country's Gross National Product and Gross Domestic Product? Pls explain furtherbased on the information in the table and your cxalculations for question #1 and anycountries have a positive net exportsBillion of Dollars Composition Consumption 17. 4900 Investment 1300 Government expenditures 1200 1050 Exports Imports Net foreign factor income 950 20 Based on table 1, the value of GDP is C 7,400 C 6,200 O 7,500 O 8,450
- 4. You are given the following information about an economy: Smillions GDP at Market Prices Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings 1,,669.4 290.5 48.7 39.0 75.9 Exports Subsidies Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners 273.4 16.8 10.0 10.5 19.2 355.6 Direct Taxes Public Sector Consumption Expenditure 490.1 Indirect Taxes 297.3 Transfer Payments 25.7 Derive the following: (i) (ii) (iii) (iv) (v) National Income Net Investment Personal Income Disposable Income Household Consumption ExpenditureConsumption $500Government Expenditures $200GNP $800Gross Private Domestic Investment $100Imports $100Exports $50 Questions:1. Using the data above, GDP is equal to __________________.2. Using the data above, Net Exports is equal to _____________.Cross country comparisons of GDP per capita typically use purchasing power parity equivalent exchange rates, which are a measure of the long run equilibrium value of an exchange rate. In fact, we used PPP equivalent exchange rates in this module. Why could using market exchange rates, which sometimes change dramatically in a short period of time, be misleading?
- 5. You are given the following information about an economy: $millions GDP at Market Prices 1,,669.4 Imports 290.5 Gross Domestic Capital Formation 48.7 Income accruing to the Public Sector 39.0 Retained Business Earnings 75.9 Exports 273.4 Subsidies 16.8 Factor Payments from Abroad 10.0…Consider the following Purchasing Power Parity (PPP) conversion rate for selected countries in 2021. The table shows the equivalent purchasing power of per USD in each country. Table 1. PPP conversion rate, 2021 (local currency unit per USD) 2021 Country (currency) Indonesia (IDR) Japan (JPY) 4,738.64 61.47 Taiwan, ROC (TWD) 13.48 Source: OECD, 2022 If a 'Subway' tuna mayo sandwich in Indonesia costs IDR 37,500.00, how much does it cost in Taiwan? (Hint: the PPP conversion rate is the real exchange rate to USD) a. TWD342.39. b. TWD109.53. C. TWD2,709.54. d. TWD7.91.Consider the following table showing the breakdown of GDP (in billions) for China. GDP Category Amount (in billions) Wages and Salaries 1000Consumption 1700Investment 700Depreciation 50Government Expenditure100Taxes 300Exports 50Imports 40Income receipts from rest of the world10Income payment to rest of the world50 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?Use the following information to answer questions 5 through 15: The tables below show data on prices and quantities of Oranges and Shoes produced in China. Data for 2014Price of Oranges Quantity of Oranges Price of Shoes Quantity of Shoes0.7 200 10 270Data for 2015Price of Oranges Quantity of Oranges Price of Shoes Quantity of Shoes0.9 150 14 250Data for 2016Price of Oranges Quantity of Oranges Price of Shoes Quantity of Shoes1.4 300 15 3305. Given this data, what is the Nominal GDP in 2014?6. What is the Nominal GDP in…
- In 2010, Country A's GNP is $100'000. Government Spending is $10'000, Investment is $10'000, Consumption is $30'000. The Trade Balance is +$20'000. What is the balance on services, income receipts, income payments and net unilateral transactions? O-20000 30000 O 50000 700005. You are given the following information about an economy: $millions GDP at Market Prices 1,,669.4 Imports 290.5 Gross Domestic Capital Formation 48.7 Income accruing to the Public Sector 39.0 Retained Business Earnings 75.9 Exports 273.4 Subsidies 16.8 Factor Payments from Abroad 10.0…You are given the following information about an economy: $millions GDP at Market Prices 1,,669.4 290.5 Imports Gross Domestic Capital Formation Income accruing to the Public Sector Retained Business Earnings 48.7 39.0 75.9 Exports 273.4 Subsidies 16.8 Factor Payments from Abroad Capital Consumption Allowance Income Payments to Foreigners 10.0 10.5 19.2 Direct Taxes 355.6 Public Sector Consumption Expenditure 490.1 Indirect Taxes 297.3 Transfer Payments 25.7 Derive the following: (i) (ii) (iii) National Income Net Investment Personal Income