1978 1979 1980 1981 1978 O 1979 Using the above table, which year was the misery index the highest? O 1980 5,677 5,855 5,839 5,987 O 1981 5.5 3.2 -0.2 2.5 6.1 5.8 7.1 7.6 7.6 11.3 13.5 10.3
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- According to Table 19.7, how often have recessions occurred since the end of World War II (1945)?What is the difference between a series of economic data over time measured in nominal terms versus the same data series over time measured in real terms?The next 2 questions will be based on the following information Year GDP percapita GDP percapita Total Population current price contant price 2019 1174960 21920 17320 2020 1178460 26110 19230 2021 1182030 29800 20690 Your answer What is real GDP for year 2021? 20690 29800 O24.46 billion O 35.22 billion
- Year: 1973 1974 1975 1976 1977 1978 1979 1980 1981 O 1974 1975 O 1978 Real GDP in 2005 Dollars 1980 (Billions) 4,917 4,889 4,879 5,141 5,377 5,677 5,855 5,839 5,987 % Change from the previous year Using the above table, in which year would you expect the interest rate to be rising? 5.8 -0.6 -0.4 5.6 4.6 5.5 3.2 -0.2 2.5 Civilian Unemployment % (year's end) 4.9 5.6 8.5 7.7 7.1 6.1 5.8 7.1 7.6 Inflation Rate for the CPI (Dec. to Dec.) 6.2 11.0 9.1 5.8 6.5 7.6 11.3 13.5 10.3The compensation is 300, consumption is 500, rent income is 200, profit is 100 and direct taxes are 50, interest 20, indirect taxes 100 and depreciation 25 what will be the GDP, calculating by income approach? Select one: a. 745 O b. 945 O c. 695 O d. 895 Make a correct reference list and put them in the right order. Author: Ali Al Kindi Year: 2017 Title: Omani students' perception of Scientific research Page number. 71-101 Journal: Scientific Review Volume number: 2 Issue number: 3.Gross Domestic Product The U.S. gross domesticproduct (GDP) (in trillions of dollars) for selectedyears from 2005 and projected to 2070 can be modeled by y = 0.116x2-3.792x + 45.330, where xis the number of years after 2000. During what yearsbetween 2005 and 2070 was the gross domestic product no more than $23.03 trillion?
- Nominal Real Year Ox Px $5 S6 Oy Py $1 $2 Oz GDP Pz $10 GDP 1 10 35 20 12 35 25 $15 $345 15 $7 $8 40 $2 $3 $5 30 $12 $12 $14 $545 20 50 35 30 $9 50 40 Assume that Q is the amount of goods X, Y, and Z produced in a given year, that P is the price of goods X. Y. and Z in a given year, and that Year 1 is the "base year," then the rate of inflation from Year 4 to Year 5 is A -12.36%. 11.17%. 23.29%. D) 34.00%. 49.86%.1. Referring to the figures below, 1.0 gdp-gth 80 BPERMITS-YOY 0.8 60 0.6 - 0.4 40 0.2 20 0.0 -0.2 -20- -0.4 -0.6 -40 rel. vol. = 9.4 --0.8 -60 -1.0 1970 2000 2010 1960 1980 1990 2020 -8 -6 -4 -2 2 4 6. 8. TIME (year) LAG (quarters) Source: FRED/BEA characterize the relationship between the growth rate of GDP and the growth rate of building permits (BPERMITS-YoY) in terms of the following items: • Timing. • Direction. • Volatility. Include a brief description of each item in this list in your characterization. RATE (%/year) CROSS CORRELATIONThe seasonally adjusted data below depict the performance of the economy of the United States in five quarters of 1948-1949. Year/Quarter 1948/Q4 1949/Q1 1949/Q2 1949/Q3 1949/Q4 Time left 0:44:23 Select one: OA 1948/Q4. OB. 1949/Q1. OC 1949/02 OD 1949/Q3 19/04 Annual Percent Change Nominal GDP 1.7 -7.4 -5.2 2.3 -3.3 Annual Percent Change Real GDP The inflation rate in the United States was highest in which of the following quarters? 0.5 -5.4 -1.4 4.2 -3.3
- Production Year 2 50 120 Year 1 $1.00 $0.60 Year 2 $1.20 $0.60 Year 1 Good X 50 Year 3 60 Year 3 $1.20 $1.00 Good Y 100 140 1-Assume that this economy produces onlytwo goods Good X and Good Y. The value for this GDP in year 1 is 2-Assume that this economy produces only two goods Good X and Good Y. The value for this economy's nominal GDP in year 3 is 3-Assume that this economy produces only two goods Good.X and Good Y. The value for this economy's nominal GDP in year 2 is 4-Assume that this economy produces only two goods Good X and Good Y. If year 1 is the base year, the value for this economy's real GDP in year 2 is 5-Assume that this economy produces only two goods Good X and Good Y. If year 1 is the base year, the value for this economy's GDP deflator in year 1 is 6- Assume that this economy produces only two goods Good X'and Good Y If year 1 is the base year, the value for this economy deflator in year 2 is 7-Assume that this economy producesonlytwo goods Good Iand Good YIf year…Question 10 1 pts Nominal GDP is calculated using O prices set in the base year O average prices of all products O current prices O is usually lower than base year pricesestion 6 Real GDP is best described as: A measure of a nation's output and employment holding wages constant. A measure of a nation's output at the current level of prices. A measure of a nation's prices holding output constant. 0 0.0 о A measure of a nation's output holding prices constant. A measure of a nation's prices at the current level of output. L Moving to the next question prevents changes to this answer. .:: JUL 19 tv 10 2