1-An economy produces $15 billion in investment goods and $100 billion in consumption goods. All investment goods were s

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

1-An economy produces $15 billion in investment goods and $100 billion in consumption goods. All investment goods were s

Post by answerhappygod »

1-An economy produces $15 billion in investment goods and $100 billion in consumption goods. All investment goods were sold, but only $90 billion of the consumption were sold. There is no government or international trade. What was GDP? 100 b.155 c.122 d.085
If Jon's disposable income increases from $1,200 in 2018 to $1.700 in 2015 and his level of saving increases from minus $100 in 2018 to a $100 in 2019, his consumption percentage in 2018?1.108% 2.-0.083 3.-8.3% 4.90%
5-Suppose the personal taxes-23, net 1-33, net X-6, NI-278, disposable income-220, net foreign factor income-19. Find the net domestic product?1-$2292 2-$253 3- $274 4-5268
6-One of the following is not considered as nonmarket activities:
1. Unpaid done at home or by volunteer workers.
2. Unreported production done “off the books†?or in the underground economy
3. Both, unpaid production and unreported production.
4. None of them.
1 - An economy produces $ 15 billion in investment goods and $ 100 billion in consumption goods . All investment goods were sold , but only $ 90 billion of the consumption were sold . There is no government or international trade . What was GDP ? 100 b.155 c.122 d.085 2-If Jon's disposable income increases from $ 1,200 in 2018 to $ 1.700 in 2015 and his level of saving increases from minus $ 100 in 2018 to a $ 100 in 2019 , his consumption percentage in 2018 ? 1.108 % 2. - 0.083 3. - 8.3 % 4.90 %
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply