# the following table shows macroeconomic data for a hypothetical country

On a graph that measures real GDP on the vertical axis and time on the horizontal axis, plot real GDP using the data in the table. Calculate the trade balance and the net inflow of foreign saving for each country. All figures are in billions of dollars. CONTEXT AND PURPOSE: Chapter 19 is the second chapter in a two-chapter sequence on open-economy macroeconomics. Billions of Dollars National Income   Personal Income   Disposable Personal Income, Indirect business taxes (net of subsidies). topic . Calculating GDP from raw economic data The following table shows macroeconomic data for a hypothetical country. Economic fluctuations and growth The following table shows data on.docx from AA 1 2. 8 1.56 1.3 4 2.38 4 2 5-20119 20-25 구이 25... 1. All figures in the table are in millions of dollars. gross private domestic investment = 110 depreciation = 30 exports = 55 imports = 40 government spending = 140 personal consumption expenditures = 400 indirect business taxes (net of subsidies) = 25 personal … The hypothetical information in the table shows what the values for real GDP and the price level will be in 2017 if the Fed does not use monetary policy.Which of the following policies makes sense if the Fed wants to keep real GDP at its potential level in 2017? billion 10. Indicate which of the following variables are used by the Income approach to calculate GDP? Table 1 The stability of US Growth Period GrowthRate Period GrowthRate 1870–2007 2.03 1973–1995 1.82 1870–1929 1.76 1995–2007 2.13 1929–2007 2.23 1900–1950 2.06 1995–2001 2.55 1950–2007 2.16 2001–2007 1.72 1950–1973 2.50 1973–2007 1.93 Note: Annualized growth rates for the data shown in Fig. Global Economic Prospects examines trends for the world economy and how they affect developing countries. - [Instructor] In this video, I want to tackle an entire AP macroeconomics free response exercise with you. a. 8. following table are data for two different years: Year 2000 2010 Price of an automobile USD 50,000 USD 60,000 Price of a loaf of bread USD 10 USD 20 Number of automobiles produced 100 120 Number of loaves of bread produced 500,000 loaves 400,000 loaves Problem 2.7: Abby consumes only apples. If input prices decrease and AS shifts to the right by 3,000 units at each price level. All figures in the table are in millions of dollars. ¾ how to use the model to analyze political instability and capital flight. Corporate profits … Good economic data are a precondition to effective macroeconomic management. Labor Requirements per Unit $$\begin{array}{lll}\hline & \text { New Zealand } & \text { India } \\\text { Per ton of wool } & 10 \mathrm{hours} & 40 \mathrm{hours} \\\text { Per hand-knotted rug } & 60 \mathrm{hours} & 80 \mathrm{hours}\end{array}$$ a. A. Billions Of Dollars $2,200$1,887 $2,820$300 $4,421$6,200 Gross Private Domestic Investment Depreciation Fxports 2mports Government Purchases Of Goods And Services Personal Consumption Expenditures Indirect Business Taxes And Misc. Dollar amounts are all in constant-dollar terms. National Income Account Value (Millions of dollars) Government Purchases (G) 350 Taxes minus Transfer Payments (T) 455 Consumption (C) 700 Investment (I) 280 1 Answer to Table 23.7 provides some hypothetical data on macroeconomic accounts for three countries represented by A, B, and C and measured in billions of currency units. Suppose GDP in this country is $1,330 million. In Table 23.7, private household saving is SH, tax revenue is T, government spending is G, and investment spending is I. *Response times vary by subject and question complexity. This table shows data for a hypothetical economy in 2001 and 2002. All figures are in billions of dollars. All figures are In billions of dollars.$75 billion. 8. All figures are in billions of dollars. All figures are in billions of dollars. The data is presented in the table below. 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