Determine what is the gdp of japanese goods

Assignment Help Econometrics
Reference no: EM13245873

Suppose there are two countries in the world, US and Japan. There are Americans in Japan, and Japanese in the US. Within the US, the market value of all the final goods and services produced by Americans is $200 billion, and the market value of all the final goods and services produced by Japanese is $20 billion. Within Japan, the market value of all the final goods and services produced by Americans is $50 billion, and the market value of all the final goods and services produced by Japanese is $100 billion. what is the GDP of Japan?

Reference no: EM13245873

Questions Cloud

Determine what is the gnp of the us and japan : Suppose there are two countries in the world, US and Japan. There are Americans in Japan, and Japanese in the US. Within the US, the market value of all the final goods and services produced by Americans is $200 billion,
How many units of output would the firm produce explain : Production Level Capital VC$12 Labor VC$6 TVC MC AVC You are assigned the task of computing the variable capital and labor costs for Cost Cutters production level. Below is a table with the capital and labor requirements for ten different levels of p..
Determine the viscosity coefficient for the liquid : A capillary tube is being used to measure the viscosity of a Newtonian liquid, Estimate the viscosity coefficient for the liquid if a pressure of 2.5 kPa is required to maintain a flow rate of 1 kg/s
Calculate the internal rate of return and the net present : Calculate the internal rate of return and the net present value to determine the desirability of this investment.
Determine what is the gdp of japanese goods : Within Japan, the market value of all the final goods and services produced by Americans is $50 billion, and the market value of all the final goods and services produced by Japanese is $100 billion. what is the GDP of Japan
Find the surface charge density a : A spherical conductor with radius 2.00 cm is centered on the origin and holds charge q1=-250 nC, Find the surface charge density a(charge per area) on the outside surface of the outer spherical shell
What is the total market demand for polyglue at the price : What is the total market demand for polyglue at the price established by Alchem in Part (a)? How much of total demand do the follower firms supply?
Find market value of all final goods and services produced : Suppose there are two countries in the world, US and Japan. There are Americans in Japan, and Japanese in the US. Within the US, the market value of all the final goods and services produced by Americans is $200 billion,
Find the potential difference vb -va and vc-va : Consider three points A,B,C on the x-y plane, where a uniform electric field E = 100(N / C)i exists, Find the potential difference VB -VA and VC-VA

Reviews

Write a Review

Econometrics Questions & Answers

  Which are the dependent and the independent variables

Badyear Rubber has developed the following input costs for their truck and bicycle tires. The same rubber is used for both products. Given the constraints they face, how many units of rubber should be used for truck tires and how many should be us..

  Describe what the real cost the opportunity cost

1. We measure opportunity cost in monetary value. Suppose you spend $100 for new clothes. You will say that the clothes cost you $100. But the money you spent is not the real cost of the new clothes.

  What is profit or loss by an economists definitions

Economan has been infected by the free enterprise bug. He sets up a firm on extraterrestrial affairs. The rent of the building is $4,000, the cost of the two secretaries is $40,000, and the cost of electricity and gas comes to $5,000.

  Calculate world price and quantity exported by the country

The government introduces a subsidy s=10 per unit of sugar exported and at the same time it doesn't let any imports in. Calculate the new (i)domestic price, consumption and production, (ii) world price and quantity exported by the country.

  Define the credit cards using loan balances

She has three credit cards with the following loan balances and APRs: Card 1, $4,500, 21%; Card 2, $5,700, 24%; and Card 3, $3,200, 18%. Interest compounds monthly on all loan balances. A credit card loan consolidation company has captured Mary's ..

  How much should the store charge for membership

A local video store estimates their average customer's demand per year is Q = 20 - 4P, and knows the marginal cost of each rental is $1.00. How much should the store charge for an annual membership in order to extract consumer surplus

  What are the profit maximizing levels of price and output

Customers to Live Theaters, Inc. can be divided into two groups: seniors and everyone else. The inverse demand curves for each of the two groups are given below. The marginal cost (which equals the average variable cost) of serving

  Finding probability of passing

A student is taking two courses, history & math. The probability the student will pass in the history course is .60 and math is .70. The probability of passing both is .50.

  Calculate present discounted value for each of five elements

Age 23-24 earns $35,000 for bachelors and a masters degree is not applicable Age 25-29 earns $40,000 for bachelors and $48,000 for a masters degree Age 30-34 earns $44,000 for bachelors and $56,000 for a masters degree Suppose further that tuition..

  How high price must the college student receive for cutting

A college student is considering whether to operate a lawn-mowing business for the summer or work in a business owned by his family. His time is worth $w1 per our and he can work as many hours as he chooses in the family business at this rate.

  What would happen to equilibrium price and quantity of latte

If consumers view cappuccinos and lattés as substitutes, what would happen to the equilibrium price and quantity of lattés if the price of cappuccinos falls Both the equilibrium price and quantity would increase. Both the equilibrium price and qua..

  What about the britannica on cd and the encarta on cd

By October 15, 2001, the britannica.com site cited a list-price of $59.95 (only $49.95 after mail-in rebate) for Encyclopedia Britannica 2002 Deluxe Edition CD-ROM. The thirty-two volume set still sells for a hefty $1,295. in turn, charges $74.95 ..

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