Suppose that in a closed economy GDP is equal to 11,000, Taxes are equal to 2,500, Consumption equals 7,000, and Government purchases equal 3,000. What are private saving and public saving?a. 1500 and -500b. 1500 and 500c. 1000 and -500...
The Gross Domestic Product (GDP) in China was worth 17794.78 billion US dollars in 2023, according to official data from the World Bank. The GDP value of China represents 16.88 percent of the world economy. This page provides - China GDP - actual values,
The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. Actual Previous Highest Lowest Dates Unit Frequency 4204.49 4256.41 6272.36 47.42 1960 - 2023 USD Billion Yearly Current USD ...
题目 Suppose that GDP is equal to 1000, national saving is equal to 200, the current account deficit is equal to 100, and the government budget deficit is equal to 50. Private savings must equal A.150.B.200.C.250.D.300. 相关知识点: 试题来源: 解析 C 反馈 收藏 ...
are purchased by foreigners. By the same token, we must also subtract spending on imports—goods produced in other countries that are purchased by residents of this country. The net export component of GDP is equal to the value of exports (X) minus the value of imports (M), (X – M)...
$56.b.$66.c.$116.d.$126.___13.GDPisequaltoa.themarketvalueofallfinalgoodsandservicesproducedwithinacountryinagivenperiodoftime.b.Y.c.C+I+G+NX.d.Alloftheabovearecorrect.___14.Anidentityisanequationthata.describesanequilibrium.b.pertainstomacroeconomics,nottomicroeconomics.c.mustbetruebecause...
1. India's income as a proportion of GDP is high.India's per capita disposable income accounts for 90% of its per capita GDP, which means that India's per capita GDP is nearly equal to the per capita annual income. India's per capita annual income exceeds $2,000 (equivalent to about...
D. real GDP per capita. E. the unemployment rate. Gross Domestic Product: Gross domestic product (GDP) is equal to the market value of all final goods and services produced within a country in a given time period. GDP is measured...
As anaggregatemeasure of production, GDP is equal to the sum of the grossvalue addedof all ...
The GDP deflator is equal to A) real GDP divided by nominal GDP. B) nominal GDP divided by real GDP. C) nominal GDP divided by real GDP multiplied by 100. D) real GDP divided by nominal GDP multiplied by 100. 45) Given the following information, calculate the GDP deflator in 2005. ...