Macroeconomics

Macroeconomics1 ) In one million million millions of dollars spending disbursement-------------------- 4500Gross enthronization------------------------------ 1700Government purchases -----------------------1150Exports ------------------------------------------1 cNet investing income by non-residents----- 20Employment income --------------------------5ccNet enthronisation --------------------------------1200Investment income ----------------------------200Business income----------------------------- 1300Indirect taxes ----------------------------------400Imports -----------------------------------------950Subsidy -----------------------------------------100a ) earn domestic product by expenditure methodgross domestic product aspiration gross investment government spending (exports-imports 4500 1700 1150 (1100-950 7500 zillion dollarsb ) NDP at factor costNDP consumption net investment government spending (exports-imports 4500 1200 1150 (1100-950NNP (e 7000 billion dollars p c ) gross domestic product by income approachgross domestic product (I gross domestic product - Subsidies Indirect taxes 7500 - 100 400 7800 billion dollarsd ) gross national productGNP consumption gross investment government spending (exports-imports 4500 1700 1150 (1100-950 7500 billion dollarse ) CCA and net substantiating taxesCCA GDP - NDPNet Indirect taxes Indirect taxes - Subsidiesf ) variance between GNP and GDPThe difference between GNP and GDP is on its treatment on income from foreign sources . The GNP would hold every income which the topical anesthetic would produce wherever they are .

In the other extend to , the GDP would include the income produce by locals and foreigners with the country s boundariesg ) valet de chambre Development Index (HDI ) and real GDP per capitaHDI is a split measure of a country s ensample of living than the real GDP per capita because it focuses on every soul in the country , non like the GDP per capita it lonesome(prenominal) includes the people who spends and earnsYear Apples (kg )Price /kg )Clothing (yard )Price /yard1995 200 5 100 21996 270 6 120 31997 220 8 one snow twenty-five 52a ) Nominal and Real GNPYear 1995Nominal GDP (200 x 5 (100 x 2 1200Real GDP 1200Year1996Nominal GDP (270 x 6 (120 x 3 1980Real GDP 1620 x 5 6 360 x 2 3 1350 240 1590Year 1997Nominal GDP (220 x 8 (125 x 5 1760 625 2385Real GDP 1760 x 5 8 625 x 2 5 1100 250 1350b ) GDP DeflatorYear 1995GDP Deflator 100Year 1996GDP Deflator 1980 1590 ) x 100 124 .53Year 19 97GDP Deflator 2385 1350 ) x 100 176 .67c ) Economic development1995-1996Economic Growth 124 .53 - 100 24 .531996-1997Economic Growth (176 .67 - 124 .53 /124 .53 ) x 100 41 .87d ) Consumer Price Index1995cost-of-living office 1001996CPI 1351997CPI 205e ) Inflation RateCPIInflation range (205-135 /100 70 GDP DeflatorInflation set (176 .67 - 124 .53 /100 52 .14They differ because the GDP deflator includes the amount of sales while the CPI does notThe measure of the GDP Deflator is more importation since it considers more factors than the CPI3 ) Consumption function : C 100 0 .8Y Investment expenditure (I 100a ) 100b ) 0 .8Yc ) AE C Ide ) 5 , the big the MPC the larger the multiplier factor and the larger the MPS the smaller the multiplierf Y AE 1000g )It increases its slope . Y AE 980...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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