K Consider the following data: Country A B С Population. (millions) 11 20 4 Real GDP ($ billions) 52 59 75 What is the per capita real GDP in each of these countries (Enter each response rounded to the nearest integer)? Country Per Capita Real GDP $6,500 A B C
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K Consider the following data: Country A B C Population (millions) 11 20 4 B C What is the per capita real
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- 4. Shifts in production possibilities Suppose the fictional country of Teton produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for rice, an agricultural good, and telephoto lenses, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a technological advance in medicine that allows workers to live longer and have extended careers. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther.The table shows per capita peach consumption.t Per Capita Consumption of Peaches (pounds) Family income ($10,000) 0.00 1 5.0 2 6.4 3 7.2 4 7.8 5 8.2 6 8.6 Price (above $1.50 per pound) 0.10 0.20 0.30 4.8 4.7 6.2 6.1 7.0 7.6 8.0 8.4 4.9 6.3 7.1 7.7 8.1 8.5 66 950 6.9 7.5 8.0 8.3 0.40 4.7 6.1 6.9 7.4 7.9 8.3 0.50 4.6 6.0 6.8 7.4 7.8 8.2 (a) Find the function of the logarithmic cross-sectional model that gives per capita consumption of peaches at a price of $1.50 per pound, where f represents yearly family income in tens of thousands of dollars, with data from 1 ≤ f≤ 6. (Round all numerical values to three decimal places.) c(0.00, f) = lb (b) Calculate per capita peach consumption for families with a yearly income of $35,000 when the price is $1.50 per pound. (Round your answer to one decimal place.) x lbUnited Kingdom Kenya Price per Value of Value of unit (GBP) output Оuаntity Price per Quantity unit (KSh) output (GBP) (KSh) 5000 per 75 650,000 Equipment (millions of 500 unit units) Food 500 10 per kg 125 750 (millions of kg) Total GDP (local currency) a. If equipment is fully tradable, so that the price in Kenyan shillings (KSh) equals the price in pounds times the market exchange rate, what is the market exchange rate? b. Based on its relative price, does it appear that food is tradable? Is it more or less expensive in Kenya, compared to the UK? c. Fill in the table above (ignoring cells with "-"). What is the UK's total GDP in GBP? What is Kenya's total GDP in KSh? d. What is Kenya's GDP in GBP at market exchange rates? e. Following the calculations on pp 28-29 of ED, what is Kenya's GDP in pounds calculated by using UK prices for each individual product and applying that price to Kenya's quantities (that is, using purchasing power parity [PPP])? f. Is the value you calculated in…
- PLEASE ONLY ANSWER THE FILL-IN-THE-BLANK QUESTION; "The economic growth rate in Euronia in 2017 is ___ percent." Typed plzzzz And AsapThe following data relate to an emerging African country.Item Value('000) KSHSGNP 8,000,000 Depreciation 100,000Indirect Business Taxes 80,000Gross Investment 400,000Total population 30,000Consumption 10,000Personal Income Taxes 800Excise duty 80Personal Income 89,000Net factor incomes from abroad 200,000 Using the above data, calculate: Net National Product and GNP per capita Net investment and Disposable personal income Gross domestic product63,080 47,090 United 44,940 States Germany 41,310 30,600 ueder 21,600 GDP per Capita (2018) (In U.S. dollars) ipnes Παναγ 11,124 10,230 امي الحمد المحمود حجم خون هم می می می می 9,460 9,180 aver d 7.480 China 2.020 360 Cuba India 800 790 Nigeria Halt Ethiopia
- Australia has one of the highest per capita GHG emissions in the world. Show how Australia compares globally with a graph and table. Clearly state the relevant references.Perfect Population Projections Inc. (PPP) has entered into a contract with the city of Popular, Pennsylvania, to project the future population of the city. In recent years, Popular has become a desirable place to live and work, as indicated by the below table. Year 2015 2016 2017 2018 2019 2020 Total Total Basic Nonbasic Population Employment Employment Employment 50,000 53,000 57,000 65,000 70,000 ? 25,000 26,500 28,500 32,500 35,000 ? 6,250 6,625 7,125 8,125 8,750 9,000* 18,750 19,875 21,375 24,375 26,250 ? *Estimated from surveys. Required: The contract states that PPP must project Popular's population for the year 2020 using an economic base analysis. The ratio of population to total employment is 2.0833. (Do not round intermediate calculations. Round your final answers to the nearest whole number.) Your help is needed! Total population using economic base analysis Total employment using economic base analysis Total Nonbasic employment using economic base analysis Year 2020-What was the real GDP of Nigeria in 2019 and 2020 -Calculate per capita income in 2020
- With the use of GDP data over a 25 year period assess the main source of economic growth in Barbados and Guyana ( Line graph must be used to depict the data)Use the following composition of expenditure for the economy of a country named the Republic of Tapuwa, for the year ended 2019 to answer the questions below:COMPONENTR millionsConsumption expenditure (C) Investment (I)Government spending (G) Exports (X)Imports (Z)DepreciationForeign payment to the rest of the worldForeign payment from the rest of the worldShow all calculations and formulae.9 000 6 500 7 000 1 800 2 400 700 300250 Compute the value for the country’s GDP (Gross Domestic Product) at market price. Determine the value of the country’s NNI (Net National Income) at market price.If it is predicted that the GDP will increase to 22 000 in 2020, calculate the growth rate between 2019 and 2020.Q.7.2.5The measure of GDP for economic growth is not always perfect. Describe any two problems that are associated with GDP as a measure of economic growth.Forecast the demand for the rice for a country for the year 2019 on the basis of 7-year data given in table: Year 2012 2013 2014 2015 2016 2017 2018 Population (millions) 10 12 15 20 25 30 40 Rice consumed (million tonnes) 40 50 60 70 80 90 100