Looking at the actual Comparative GDP of the Philippines in Figure 1 (Above figure), how would you describe its economic growth over time and what fiscal or monetary policy you can suggest to remedy the current economic condition of our country.
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- Consider the average annual growth rate 5.93% of 2000-2005, and forecast the population in Abu Dhabi in 2011. Use the continuous compounding equation of growth. Year Abu Dhabi Nationals Non-nationals Total 1980 90,792 361,056 1985 135,982 430,054 1990 173,992 556,389 1995 222,627 719,836 2000 248690 846,267 2005 348048 1,049,207 UAE 451,848 1,016,789 566,036 1,350,433 730,381 1,811,457 942,463 2,350,192 3,050,127 4,481,976 6Product Price Quantity Price Quantity in 2016 in in 2017 in 2016 2017 Milk 100 2 120 1.5 Textbook 50 50 40 70 Wheat 80 3 90 4 Based on the table above, what is the economic growth rate from 2016-2017 (using 2016 as the base year)? -16.35% -14.63% 13.61% 35.03%BARBADOS AND CANADA ECONOMIC GROWTH RATE FOR 2016 TO 2020 NAME OF COUNTRY 2016 2017 2018 2019 2020 BARBADOS 2.449 0.475 -0.58 -0.096 -17.605 CANADA 1.001 3.04 2.43 1.861 -5.313 BARBADOS AND CANADA UMEMPLOYMENT RATE FOR 2016 TO 2020 NAME OF COUNTRY 2016 2017 2018 2019 2020 BARBADOS 9.72 9.86 10 10.1 12.79 CANADA 7 6.3 5.8 5.7 9.5 Examine the data on the economic growth and unemployment rate for 2016-2020(i) What trends do you observe in the unemployment rate? In economic growth?(ii) Identify the relationship between Economic Growth and Unemployment, if any. (positive, negative, no relationship) Use the data to justify your choice.(iii) Does the relationship observed in part 2 satisfy the…
- GRAPH SETTINGS Reset Country-X Initial Value ($50 – $10,000) 1,000.00 Value (thousands of dollars) [Country-X = Country-Y] Growth Rate: 3% 10 9 0.1% 10.0% 8 Country-Y 7 Initial Value 6 2,000.00 ($50 – $10,000) 4 Growth Rate: 1% 3 0.1% 10.0% 2 35.4 уrs. CALCULATIONS 0 5 20 35 40 10 15 25 30 Years Value in Country-X Country-Y 10 years $1,343.92 $2,209.24 20 years $1,806.11 $2,440.38 30 years $2,427.26 $2,695.70 Country-X Country-Y Instructions: Modify the settings in the interactive tool as needed to answer the questions below. Suppose country X currently produces $1800 of goods and services per year with a constant growth rate of 4.8% per year. Country Y's production is currently $4500 with growth of 3.0% per year. a) Using the rule of 72, how long does it take for country X's production to double? | years b) Using the rule of 72, how long does it take for country Y's production to double? | years c) Even if an intersection point does not appear on the graph, will the production level…· 25. The most commonly used measure of the economic growth of a country is which of the following? (A) Gross national product (B) Level of exports (C) Level of imports (D) Fertility rate (E) Externalized costs2) The real GDP of the U.S. economy was $19,222.0 billion at the end of 2019. (a) Calculate the real GDP in 5 years time if (1) growth is 3% per year, and (2) growth is 2% per year. (b) What is the difference in GDP between a growth rate of 2% and one of 3% over those 5 years? (Note: There is a note on compounding growth in the Canvas Module).
- Q1/ In terms of base year dollar value and for a particular time, a company produced an output equal to 15000 dollar. In the same time, the company (consumed sg Ci a): 3500 dollar for human, 2000 dollar for material, 1500 dollar for energy (electricity, gas and others), and for (other miscellaneous s l dikis) 600 dollar. On the other hand, the capital was 3500 dollars. • Computer the following: 1- Labour productivity 2- Capital productivity 3- Total productivity 4- Total factor productivityA manager checked production records and found that a worker produced 225 units while working 50 hours. In the previous week, the same worker produced 156 units while working 40 hours. a. Compute Current period productivity and Previous period productivity. (Round your answers to 2 decimal places.) Current period productivity Units / hour Previous period productivity Units / hourGRAPH SETTINGS Reset Country-X Initial Value ($50 – $10,000) 1,000.00 Value (thousands of dollars) [Country-X = Country-Y] Growth Rate: 3% 10 0.1% 10.0% 8 Country-Y 7 Initial Value 2,000.00 ($50 – $10,000) 5 4 Growth Rate: 1% 0.1% 10.0% 2 1 35.4 уrs. E CALCULATIONS 0 5 10 15 20 25 30 35 40 Years Value in Country-X Country-Y 10 years $1,343.92 $2,209.24 20 years $1,806.11 $2,440.38 30 years $2,427.26 $2,695.70 Country-X Country-Y Instructions: Modify the settings in the interactive tool as needed to answer the questions below. Suppose countries X and Y each produce $2,000 of goods and services per year. Country X experiences 2% growth per year, while country Y experiences 4% growth per year. a) What is Country X's production after 20 years? $[ b) What is country Y's production after 20 years? c) If two amounts are initially equal but one grows twice as fast (ex: 2% growth versus 4% growth), the amount that grows faster will have increased by (Click to select) V twice as much.
- DIRECTIONS: Solve each of the following problems. entire procedure in an organized way in the space provided, 1. A company's sales (in dollars) appear to be increasing linearly. In 2015 the company's sales were $13,400,000 and in 2020 they were $25,900,000. b. Determine the linear trend equation that expresses the company's sales (S) in terms of elapsed time in years (r). [Code elapsed years so that = 0 represents the year 2015]. The equation that expresses the company's sales (S) in terms of the elapsed time in years (r) is What is the meaning of the slope of the equation?Mathematics economics topic. On 1st January every year a person buys National Saving Certificate (NSCS) of value exceeding of his last years' purchase by dollar 100. After 10 years, he finds that the total values of the certificates purchased by him is Dollar 5000. Find the value of the certificate purchased by him in (i) the first year, and (ii) in the 8th year.The level of nominal GDP in 2000 was 10.098 billion. The level of nominal GDP in 2021 is projected to be 432.197 billion . Total nominal GDP of this country has increased by. the last 20 years ? % in