5. Consider a new environmental economic indicator that's being promoted by an NGO looking to earn some publicity. They propose a new 'economic sustainable development indicator', ESDI, defined as follows: ESDI = [GDP - GDP from nonrenewables] * clean air index citizens Do you think this measurement would tell you anything interesting?
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- 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.2. The following table shows an example of gross domestic product values for five countriesfrom 2005 to 2010 in equivalent U.S. dollars ($). a. How could you improve the readability of this table?b. The file GdPyears contains sample data from the United Nations Statistics Divisionon 30 countries and their GDP values from 2005 to 2010 in U.S. dollars ($). Create atable that provides all these data for a user. Format the table to make it as easy to readas possible.QUESTION 31 What is decoupling O Geo-engineering Breaking the link between GDP and carbon emissions Adaptation from climate change O Carbon removal
- The 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 productAnalyse the relationship between energy use per capita and GDP pc based on these insights. How does energy use per capita change with GDP pc?1) Please answer the questions related to graph below: 30,000 Britain Japan Italy 25,000 China India 20,000 15,000 10,000 5,000 1000 1200 1400 1600 1800 2000 Year a) What economist call the shape of the line above and why? b) What does it mean Gross Domestic Product (GDP) per capita? c) How do we calculate GDP per Capita? d) What is the difference between GDP per capita and disposable income? e) We observe a sustained growth in average living standards since 1700 in above graph. How did this happen? GDP per capita
- Cross country comparisons of GDP per capita typically use purchasing power parity equivalent exchange rates, which are a measure of the long run equilibrium value of an exchange rate. In fact, we used PPP equivalent exchange rates in this module. Why could using market exchange rates, which sometimes change dramatically in a short period of time, be misleading?Would you usually expect GDP as measured by what is demanded to be greater than GDP measured by what is supplied, or the reverse?The GDP deflator in year 2 is a b Question 27 с Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. d 177.2 125.7 95.4 Prod Car 105.8 Cen Dene Quarnity (1 M 30 100 (1) 30 S Quarter (2) 100 15 150 25 P 30 30
- Use the graph below to determine which of the following statements is true: -Real gross domestic product per capita FRED 40,000 Chained 2012 Dollars 5,000 40.000 30,000 10,000 1950 1000 1970 1000 1000 shaded rindate US recens Source U.S. Bureau of Economic Analysis 2000 2010 2030 fredstiouifed.org Real GDP per capita has increased every year during the time period shown. O The average American in the year 2021 could buy about four times as many goods and services as the average American in 1947. O The average American in 2021 is both four times better off and can buy four times as much as the average American in 1947. O The average american in the year 2021 is four times better off as the average American in 1947.2. Suppose we have the following data to study if a country's per capita income (measured in thousands of dollars) is a function of its R&D spending (measured as a percentage of GDP). ( country 1 2 3 4 xi yi 1 4 2 6 3 7 4 10 (1) Calculate beta hats with OLS. (2) Calculate R2 and adjusted R².Use the information in the table to answar the foilowing questions Alnumbers are in bilions of 2012 dol Plarned Investment $2.000 Governnent Purshas pert Raal GDP (Y) Conaumptien (C) $12,000 $13,000 $14,000 50,100 S7,000 $7.500 $5.000 $5.000 $5000 S5.000 $5000 $2.000 $2.000 $2.000 12000 $15,000 $8,000 $10,000 The equiibrium level of GDPSDlon The MPC (onter your reponse to two decimal places) Suppose that net epons ioese by 5400 bilion Using the mutipler formua detemine the w leval of GOP A S400 blion increase in net expota ads to a charge in spendng of illion. se the new level of GDP w be blion