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