ICLO 21 The GDP (gross domestic product) of country K in 2020 was 1,900,000.000,000 (Le. 1.90 unlion USS Countey K's population in 2020 was 45 mmen oot which 2owepa population (80% were nationals). How much was the country's per capita income in the year 20207 O a)211111.11 USS O b) It is not possible to compute GDP/ capita since information is not sufficient O ) 42,222.22 US O d) 52,777.78 US O e) No answer
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- The compensation is 300, consumption is 500, rent income is 200, profit is 100 and direct taxes are 50, interest 20, indirect taxes 100 and depreciation 25 what will be the GDP, calculating by income approach? Select one: a. 745 O b. 945 O c. 695 O d. 895 Make a correct reference list and put them in the right order. Author: Ali Al Kindi Year: 2017 Title: Omani students' perception of Scientific research Page number. 71-101 Journal: Scientific Review Volume number: 2 Issue number: 3.QUESTION 16 Net national product equals A) gross national product minus statistical discrepancy. B) gross national product minus depreciation. C) national income minus taxes on production and imports. D) national income plus depreciation. O a b O d QUESTION 17 National income equals A) net national product minus statistical discrepancy. B) gross national product minus depreciation. C) GNP minus depreciation and taxes on production and imports. D) net national product minus taxes on production and imports and employer contributions to Social Security. O a O b O c O dSpending by households (public) is counted in the consumption category of gross domestic product, but there is one kind of household spending that is included in the investment category instead. Which type of household spending is recorded as investment towards a country's gross domestic product? O The purchase of government bonds The purchase of new cars The purchase of new homes The purchase of college tuition The purchase of home computers Next • Previous quizze/24237/take/questions/282628
- Figure 6 shows the migration rate M(t) of Ireland in the period 1988–1998. This is the rate at which people (in thousands per year) moved into or out of the country. (a) Is the following integral positive or negative? What does this quantity represent? 1998 M(t) dt 1988 (b) Did migration in the period 1988–1998 result in a net influx of people into Ireland or a net outflow of people from Ireland? (c) During which 2 years could the Irish prime minister announce, "We've hit an inflection point. We are still losing population, but the trend is now improving." M(t) 30 20 10 1994 1988 1990/ 1992 1996 1998 2000 -10 - -20 -30 -40 -50- FIGURE 6 Irish migration rate (thousands per year).Billion 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 8,450Year 1991 1997 Nominal GDP 425 550 Real GDP O a. none of the choices O b. 125% O c. 0.77% O d. 29.4% O e. 1.294% 400 GDP Deflator (1981=100) 130 137.5 Using the table above, what is the growth rate of nominal GDP between 1991 and 1997?
- The Canadian economy produces a vast array of goods and services, from cars to cannabis Suppose that the hypothetical data for Canada has the folowing national income account data in billions of dollars: govermment purchases (SLOSO personal consumption expenditures (S4800 impors ($370 exports (524OE gross inventment (SL3O) Personal consumption expenditures are approximately what percentage of this economy? Mutple Choic O 70 percent O 60 percant O s percere 75 percentQUESTION 23 Anation's gross domestic product (GDP) O a is the dollar value of all final output produced within the borders of the nation during a specific period of time O b is the dollar value of all final output produced by its citizens, regardless of where they are living O c can be found by summing C+ In + S+ Xn. O d. is always some amount less than C+ lg + G+ Xn.Using the data In the table below related to nominal GDP, real GDP, and total population, answer the questlons for the time perlod 2010-2019: Real GDP (in Millions) (2012 Base Year) Population (in Nominal GDP (in Millions) Year (suo!W 282.4 000 10,128.000 13,262.000 285.5 2002 288.6 000 291.0 2004 12,422,000 14.913.000 296.6 13,178,000 9002 8887 15.626,000 000 808 14.291.000 15,605.000 800 600 2010 14,524,000 2011 15,518,000 15.841.000 311.7 2012 16,163,000 16,197,000 2013 16,768,000 16,495,000 316.2 2014 16,912,000 318.6 2015 17,432,000 2016 18,954,000 17,731,000 323.1 2017 19,543,000 18,144,000 325.1 2018 20,612,000 18,688,000 327.1 2019 21.433,000 329.1 Instructlons: In part a, round your responses to the nearest dollar. In parts b and c, enter your responses as a percentage rounded to one decimal place. a. Calculate nominal and real GDP per capita for 2010 and 2019. For 2010: Nominal GDP per capita = $ Real GDP per capita = $ For 2019: Nominal GDP per capita = $ %3D Real GDP per…
- 1 of 10 In 1980, Denmark had a GDP of $70 billion (measured in U.S. dollars) and a population of 5.1 million. In 2000, Denmark had a GD U.S. dollars) and a population of 5.3 million. By what percentage did Denmark's GDP per capita rise between 1980 and 2000? 45.40% 119.95% O 128% 219%The next 2 questions will be based on the following information Year GDP percapita GDP percapita Total Population current price contant price 2019 1174960 21920 17320 2020 1178460 26110 19230 2021 1182030 29800 20690 Your answer What is real GDP for year 2021? 20690 29800 O24.46 billion O 35.22 billionWhich of these statements is not true when we discuss GDP calculation? O a. GDP includes earnings of both the citizens and non-citizens but are residing inside the country. O b. Incomes made by a citizen outside of his country will be included in the calculation GDP Oc. Expenditures of citizens and non-citizens made inside the country is included in GDP calculation O d. Incomes made by expatriates are included in the calculation of GDP
