7 The table below shows the national income accounts for a hypothetical country, Metro (Round off the answer to the near
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7 The table below shows the national income accounts for a hypothetical country, Metro (Round off the answer to the nearest whole number). ... TO ww What is the expenditure-based estimate of Metro's GDP? b. What is the income-based estimate of Metro's GDP? c. What is Metro's GDP after statistical discrepancy adjustments? d. If Metro's population is 50 million, then what is its per capita GDP? e. If Metro's own dollars are each worth US$1.85, then what is Metro's per capita GDP in terms of US dollars? 8 In a hypothetical country, Alpha, GDP in a given year in ternis of Alpha's own dollars is $1540 billion, the population is 20 million and Alpha's net international income to the rest of the world is-575 billion. Each of Alpha's own dollars is worth US$1.25 What is GNI in terms of Alpha's own dollars? Based on comparison between GDP and GNI in this scenario, how would you describe about the net flow of investment income? Why? b. If each of Alpha's dollars is worth US$1.4 after adjusting for purchasing power parity, then What is Alpha's GDP in PPP-adjusted US dollars? What is Alpha's GDP in unadjusted US dollars? What do you find about the prices and purchasing power of Alpha's income as compared to USA? Why?
7 The table below shows the national income accounts for a hypothetical country, Metro. {Round off the answer to the nearest whole number}. Metro's National Accounts (2020) Proprietors incomes and rent Personal consumption Imports Unemployment insurance benefits Government purchases Exports Net investment Indirect taxes Government expenditure on welfare payment Depreciation Corporate income Wages and salaries Interest paid to owners of corporation honds Sale of used computers (5 billion) 345 1418 198 39 755 97 502 268 75 * 474 1450 16 10 a. What is the expenditure-based estimate of Metro's GDP? 2 marks b. What is the income-based estimate of Metro's GDP? 2 marks c. What is Metro's GDP after statistical discrepancy adjustments? 2 marks d. If Metro's population is 50 million, then what is its per capita GDP? 1 mark e. If Metro's own dollars are each worth US$1.85, then what is Metro's per capita GDP in terms of US dollars? 1 mark
8 In a hypothetical country, Alpha, GDP in a given year in terms of Alpha's own dollars is $1540 billion, the population is 20 million and Alpha's net international income to the rest of the world is -$75 billion. Each of Alpha's own dollars is worth US$1.25. a. What is GNI in terms of Alpha's own dollars? Based on comparison between GDP and GNI in this scenario, how would you describe about the net flow of investment income? Why? 2 marks b. If each of Alpha's dollars is worth US$1.4 after adjusting for purchasing power parity, then What is Alpha's GDP in PPP-adjusted US dollars? 1 mark What is Alpha's GDP in unadjusted US dollars? 1 mark What do you find about the prices and purchasing power of Alpha's income as compared to USA? Why? 2 marks
7 The table below shows the national income accounts for a hypothetical country, Metro. {Round off the answer to the nearest whole number}. Met's National Accouns (2000) Proprietors' incomes and res Personal consumption Imports Unemployment insurance benefits Government purchases Exports Net n Indirect tanes Government expenditure on welfare paymen Depreciation Corporate income Wages and salaries Interest paid to owners of corporation bonds Sale of used computers 345 198 39 756 97 582 318 75 88 1450 16 19 a. What is the expenditure-based estimate of Metro's GDP? b. What is the income-based estimate of Metro's GDP? c. What is Metro's GDP after statistical discrepancy adjustments? d. If Metro's population is 50 million, then what is its per capita GDP? e. If Metro's own dollars are each worth US$1.85, then what is Metro's per capita GDP in terms of US dollars?
8 In a hypothetical country, Alpha, GDP in a given year in terms of Alpha's own dollars is $1540 billion, the population is 20 million and Alpha's net international income to the rest of the world is -$75 billion. Each of Alpha's own dollars is worth US$1.25. a. What is GNI in terms of Alpha's own dollars? Based on comparison between GDP and GNI in this scenario, how would you describe about the net flow of investment income? Why? b. If each of Alpha's dollars is worth US$1.4 after adjusting for purchasing power parity, then What is Alpha's GDP in PPP-adjusted US dollars? What is Alpha's GDP in unadjusted US dollars? What do you find about the prices and purchasing power of Alpha's income as compared to USA? Why?
Metro's National Accounts (2020) Proprietors' incomes and rents Personal consumption Imports Unemployment insurance benefits Government purchases Exports Net investment Indirect taxes Government expenditure on welfare payments Depreciation Corporate income Wages and salaries Interest paid to owners of corporation bonds. Sale of used computers ($ billions) 345 1418 198 39 758 97 502 268 75 88 474 1450 16 10
Metro's National Accounts (2020) Proprietors' incomes and rents Personal consumption Imports Unemployment insurance benefits Government purchases Exports Net investment Indirect taxes Government expenditure on welfare payments Depreciation Corporate income Wages and salaries Interest paid to owners of corporation bonds. Sale of used computers ($ billions) 345 1418 198 39 758 97 502 268 75 88 474 1450 16 10
7 The table below shows the national income accounts for a hypothetical country, Metro. {Round off the answer to the nearest whole number}. Metro's National Accounts (20 Proprietors incomes and res Personal consumption Imports Unemployment insurance benefits Government purchases Exports Not investment Indirect taxes Goverment expenditure on welfare payment Depreciation Corporate income Wages and salaries Interest paid to owners of corporation bond Sale of used computers 345 1418 34 758 500 268 75 38 474 1450 16 10 a. What is the expenditure-based estimate of Metro's GDP? b. What is the income-based estimate of Metro's GDP? c. What is Metro's GDP after statistical discrepancy adjustments? d. If Metro's population is 50 million, then what is its per capita GDP? e. If Metro's own dollars are each worth US$1.85, then what is Metro's per capita GDP in terms of US dollars?
8 In a hypothetical country, Alpha, GDP in a given year in terms of Alpha's own dollars is $1540 billion, the population is 20 million and Alpha's net international income to the rest of the world is -$75 billion. Each of Alpha's own dollars is worth US$1.25. a. What is GNI in terms of Alpha's own dollars? Based on comparison between GDP and GNI in this scenario, how would you describe about the net flow of investment income? Why? b. If each of Alpha's dollars is worth US$1.4 after adjusting for purchasing power parity, then What is Alpha's GDP in PPP-adjusted US dollars? What is Alpha's GDP in unadjusted US dollars? What do you find about the prices and purchasing power of Alpha's income as compared to USA? Why?