Explain gdp, Macroeconomics

Assignment Help:

You are given the following information about an economy:

Gross Investment  =                                                         40

Govt. purchases of goods & service =                                   30

GNP    =                                                                         200

X - M =                                                                          -20

Personal Tax =                                                                 60

Govt. transfer =                                                               25

Interest payments from the Govt. to domestic Pvt. Sector =     15

Factor income received from the rest of the would =                7

Factor payment made to rest of would =                                9

Calculate:

a) Consumption

b) GDP

c) Net factor payment from abroad

d) Pvt. Saving

e) Public Saving.

 


Related Discussions:- Explain gdp

Find out the true statement, Which one of the following statements is corre...

Which one of the following statements is correct? A. Most production possibilities curves illustrate decreasing marginal opportunity costs. B. Relative scarcity is no longer

Overnight interest rate of central banks, Overnight interest rate of Centra...

Overnight interest rate of Central banks When the central bank buys government securities, it purchases from many individuals, companies and institutions. Deposits and reserves

Keynesian theory, Assume the United States has the following consumption in...

Assume the United States has the following consumption information:                                     GDP = Income              Consumption

What are the profit-maximizing levels, Suppose Zippy's Banana Juice can pro...

Suppose Zippy's Banana Juice can produce according the following long-run production function. Q = 5 L 2 + 20 K - 0.4 K 2 where Q is gallons of juice per hour, L is labor hours,

Estimate the wacc and cost of capital, Cowboy Corporation is estimating its...

Cowboy Corporation is estimating its WACC.  The firm's debt structure contains: (1) 30,100 long-term bonds with an 8.1% coupon, paid semiannually, a 10 years-to-maturity, and a $10

Tariffs & quotas, the suitability of utilising a policy of tariffs and quot...

the suitability of utilising a policy of tariffs and quotas given the case of perfect competition.

Financial development in economy, Financial Development A well develope...

Financial Development A well developed financial system is very essential for the smooth functioning of any economy. One set of important statistical indicators that is used to

Government and price-determination, Government and Price-Determination can ...

Government and Price-Determination can be understood as follows: The government might intervene in the market and mandate the maximum price (price ceiling) or the minimum price

Find out the marginal utility-demand curve, 1.  What is law of diminishing ...

1.  What is law of diminishing marginal utility? 2.  Find out the marginal utility for the following schedule of consuming pizza Pizza consumed 0

Find out the equilibrium level of income, Suppose you have the following in...

Suppose you have the following information about a closed economy: C = 50 + 0.80 (Y-T) I = 200 G = 100 a) Find out the equilibrium level of income. b) Suppose G in

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd