Question
In: Economics
Category Billions of current dollars 1998 2008 2018 2028 1. Gross Domestic Product $9062.8 14,712.8 $20,494.1...
Category Billions of current dollars
1998 2008 2018 2028
1. Gross Domestic Product $9062.8 14,712.8 $20,494.1 $30,493.1
2. Personal Consumption expenditures 5,877.2 9,976.3 13,948.5 ______
3. Gross Private domestic investment 1,736.7 _____ 3,650.1 5,822.0
Government expenditures 1,611.6 2,982.0 3,520.8 4,741.3
4. Exports 953.0 1,837.1 ______ 3891.0
Imports 1,115.7 2, 560.1 3,156.7 4,711.5
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Above is a hypothetical table like on the Bureau of Labor and Statistics when reporting historical and forecasted levels of gross domestic product for the US. Fill in the blanks with the missing estimates . Show all work.
- 2028 Personal Consumption Expenditures Answer (Remember to show work):
- 2008 Gross Private Domestic Investment Answer (Remember to show work):
- 2018 Exports Answer (Remember to show work):
Solutions
Rahul Sunny answered 1 year agoRelated Solutions
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Complete the Gross Domestic Product worksheet. To access the Gross Domestic Product data required in the...
Complete the Gross Domestic Product
worksheet.
To access the Gross Domestic Product data required in the
worksheet from the government website, use the following click
stream:
> Access the website, http://www.bea.gov
> Under the "National" heading, click “Gross Domestic
Product.”
> Under the heading “Gross Domestic Product,” click on
“Interactive Tables: GDP and the National Income and Product
Account (NIPA) Historical Tables.”
> Click on “Begin using the data”
> Select “Section I - Domestic Product and Income”
> Select...
Complete the Gross Domestic Product worksheet. To access the Gross Domestic Product data required in the...
Complete the Gross Domestic Product worksheet. To access the
Gross Domestic Product data required in the worksheet from the
government website, use the following click stream: > Access the
website, http://www.bea.gov > Under the "National" heading,
click “Gross Domestic Product.” > Under the heading “Gross
Domestic Product,” click on “Interactive Tables: GDP and the
National Income and Product Account (NIPA) Historical Tables.” >
Click on “Begin using the data” > Select “Section I - Domestic
Product and Income” > Select...
The gross domestic product, G, of Switzerland was 310 billion dollars in 2007. Give a formula...
The gross domestic product, G, of Switzerland was 310 billion
dollars in 2007. Give a formula for G (in billions of dollars) t
years after 2007 if G increases by
a. 3% per year
b. 8 billion dollars per year.
Suppose that (a) holds. Determine the year when Switzerland's
GDP reaches 410 billion dollars.
What is the current level of GDP ( Gross Domestic Product) for United Kingdom?
What is the current level of GDP ( Gross Domestic Product) for
United Kingdom?
Nominal Gross Domestic Product and Personal Consumption Expenditure in $billions 1929-2016 Source: Federal Reserve Bank of...
Nominal Gross Domestic Product and Personal Consumption
Expenditure in $billions 1929-2016
Source: Federal Reserve Bank of St. Louis
Year
Personal Consumption Expenditure
Nominal GDP
1929-01-01
77.4
104.6
1930-01-01
70.1
92.2
1931-01-01
60.7
77.4
1932-01-01
48.7
59.5
1933-01-01
45.9
57.2
1934-01-01
51.5
66.8
1935-01-01
55.9
74.3
1936-01-01
62.2
84.9
1937-01-01
66.8
93.0
1938-01-01
64.3
87.4
1939-01-01
67.2
93.5
1940-01-01
71.3
102.9
1941-01-01
81.1
129.4
1942-01-01
89.0
166.0
1943-01-01
99.9
203.1
1944-01-01
108.6
224.6
1945-01-01
120.0
228.2
1946-01-01
144.3
227.8
1947-01-01
162.0...
1.90 Gross domestic product. Refer to Exercise 1.46, where we examined the gross domestic product of...
1.90 Gross domestic product. Refer to Exercise
1.46, where we examined the gross domestic product
of 189 countries. GDP
(a) Compute the mean and the standard deviation.
(b) Apply the 68–95–99.7 rule to this distribution.
(c) Compare the results of the rule with the actual
percents within one, two, and three standard deviations
of the mean.
(d) Summarize your conclusions.
mean is 380,773 and standard deviation is 1450933
1. Define Gross Domestic Product, Unemployment, and Inflation. 2. Find a current event article that discusses the...
1. Define Gross Domestic Product, Unemployment, and
Inflation.
2. Find a current event article that discusses the
current state of the US Economy. It should include discussion of
GDP or Unemployment or Inflation.
3. Provide an outline (five key points) about the article you
found and read. Make sure to include the Title, Date,
and Source of your article.
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