Questions
0981283248l.e 1.Kenia is a small economy somewhere in the Aka Way. The information given in Table...
0981283248l.e
1.Kenia is a small economy somewhere in the Aka Way. The information given in Table 5 is from a recent issue of the Kenia Economic ObserverThere are only 3 goods produced in Kenia.The table below shows the prices and quantities produced of these goods in 2007, 2008, and 2009 as well as other related data. 2008 is the base year for this economy.
|
Data |
2007 |
2008 |
2009 |
|||
|
Price |
Quantity |
Price |
Quantity unit |
Price |
Quantity |
|
|
Good A |
20 |
38 |
10 |
42 |
23 |
53 |
|
Good B |
35 |
410 |
38 |
450 |
38 |
452 |
|
Good C |
15 |
120 |
18 |
128 |
19 |
130 |
|
Population millions |
3700 |
4600 |
4900 |
|||
|
Employed millions |
3310 |
4328 |
4818 |
|||
|
Not in the labour force millions |
221 |
235 |
245 |
|||
a) Calculate:
(i) The unemployment rate in 2008. Show the formula and workings.(3.5 marks)
(ii) The labor force participation rate in 2009. Show the formula and workings.(2.5 marks)
(iii) GDP deflator 2008. Show the formula and workings.(4.5 marks)
(iv) GDP deflator 2009. Show the formula and workings. (4.5 marks)
(v) the inflation rate in 2009. Show the formula and workings. (1.5 marks)
Suppose that in a simple economy, only two types of products are produced: computers and automobiles. Sales and price data for these two products for three different years are as shown below:
|
Year |
No. of Computers Sold |
Price per Computer |
No. of Automobiles Sold |
Price per Automobile |
|
2003 |
500 |
$6000 |
1 ,500 |
$12,000 |
|
2004 |
1 ,000 |
.$2000 |
5,000 |
$20,000 |
|
2005 |
1 ,500 |
$1300 |
6,000 |
$23,000 |
a)Assuming that all computers and automobiles are final goods, calculate nominal GDP in 2013, 2014 and 2015. (4.5 marks)
Nominal GDP in 2003:
Nominal GDP in 2004:
Nominal GDP in 2005
b)Calculate real GDP in 2004 and 2005 year using 2003 as the base year. Show the formula.
Thanks for the help really appreciated it Expert!
In: Economics
Amerbrand Company was a diversified company that sold various consumer products, including food, tobacco, distilled, and personal care products and financial services.
Amerbrand Company (A)
Amerbrand Company was a diversified company that sold various consumer products, including food, tobacco, distilled, and personal care products and financial services. Financial statements for the company for 2004 are shown in Exhibit 1. These statements reflect the following transactions (dollar amounts in thousands):
1. Depreciation and amortization expense was $115,974.
2. Net income included a loss of $66,046 resulting from the write-off of some obsolete equipment. The equip- ment had not yet been disposed of.
3. Net income included $59,610 from Amerbrand's investment in a subsidiary; none of this income had been re- ceived in cash.
4. The year-end balance in Deferred Income Taxes was $17,548 lower than it was at the start of the year.
5. New property, plant, and equipment purchases totaled $260,075, all paid for with cash. Disposals of fixed as- sets generated $33,162 cash proceeds.
6. Acquisition of another company that was made for cash resulted in additional depreciable assets of $31,691 and goodwill of $102,030.
7. Cash dividends were paid in the amount of $216,158.
8. The firm declared and issued a 100 percent common stock dividend effective September 10, 2004; that is, each shareholder received as a dividend a number of shares equal to his or her holdings prior to the dividend. The newly issues shares were valued at par in recording this transaction.
9. The firm spent $30,609 to purchase treasury stock on the open market. Some of the shares so acquired were issued to certain employees as a bonus.
10. The firm increased its short-term debt as indicated on the balance sheet in Exhibit 1. Long-term borrowing de- creased by $34,606.
Assignment
1 Prepare a statement of cash flows for the year 2004. In order for your statement to show the correct increase in cash ($4,960), you will need to add a "miscellaneous activities" category; this will capture several transactions that were not described because they are somewhat complicated.
In: Finance
Write a C# program that prints a calendar for a given year. Call this program calendar....
Write a C# program that prints a calendar for a given year. Call
this program calendar. The program prompts the user for two
inputs:
1) The year for which you are
generating the calendar.
2) The day of the week that January
first is on, you will use the following notation to set the day of
the week:
0
Sunday
1
Monday
2
Tuesday
3 Wednesday
4
Thursday
5
Friday
6 Saturday
Your program should generate a calendar similar to the one shown in the example output below. The calendar should be printed on the screen. Your program should be able to handle leap years. A leap year is a year in which we have 366 days. That extra day comes at the end of February. Thus, a leap year has 366 days with 29 days in February. A century year is a leap year if it is divisible by 400. Other years divisible by 4 but not by 100 are also leap years.
Example: Year 2000 is a leap year because it is divisible by
400. Year 2004 is a leap year because it is divisible by
4 but not by 100.
Your program should clearly describe the functionality of each
function and should display the instructions on how to run the
program.
Your need to create one method “displayMonth” for print each month as required. You can choose return method or not that depend on your design.
Sample Input:
Enter the year for which you wish to generate the calendar:
2004
Enter the day of the week that January first is on: 4
Sample output:
Calendar for year 2004
January
Sun Mon
Tue Wed
Thu
Fri Sat
1
2 3
4
5
6
7
8
9 10
11
12
13
14
15
16 17
18
19
20
21
22
23 24
25
26
27
28
29
30 31
February
Sun Mon
Tue Wed
Thu
Fri Sat
1
2
3
4
5
6 7
..
..
..
..
..
.. ..
.. ..
In: Computer Science
Compare and contrast the use of government spending changes versus tax changes as a means of...
- Compare and contrast the use of government spending changes versus tax changes as a means of influencing the course of the economy. Is one or the other preferable in specific situations?
In: Economics
This situation is not over, What of the economic changes and likely changes most worries you...
This situation is not over, What of the economic changes and likely changes most worries you due to COVID-19 and why? What do you think can be done about it and why, remembering there are benefits and costs in most of the alternatives? Do you agree with the way Ohio is opening up? If so why? If not, why not?
In: Economics
identify several changes in family since 1990.what factors are responsible for these changes?
identify several changes in family since 1990.what factors are responsible for these changes?
In: Psychology
Describe the ways in which changes in the biosphere can cause changes in the climate system.
Describe the ways in which changes in the biosphere can cause changes in the climate system.
In: Biology
The length of a confidence interval changes when either the confidence level changes or the sample...
The length of a confidence interval changes when either the confidence level changes or the sample size changes. To illustrate this, imagine a statistician takes a sample from a population with a population standard deviation of 2. The sample mean is calculated to be 10. Construct 3 different confidence intervals:
3a) Assume the sample size is 30 and the confidence level is 95%
3b) Assume the sample size is 30 and the confidence level is 90%
3c) Assume the sample size is 50 and the confidence level is 95%
3d) In general, if the confidence level is decreased, does the length of the confidence interval increase or decrease? Explain your answer. Hint: Refer to your answers to (3a), (3b) and (3c) 3e) In general, if the sample size is increased, does the length of the confidence interval increase or decrease? Explain your answer.
3f) In order to make a more accurate prediction of a population mean, it is better to have a shorter confidence interval, in other words, a narrower range of possible values. Based on your answers to (3d) and (3e), is it better to increase the accuracy of an estimation by decreasing the confidence level or increasing the sample size? Explain your answer.
In: Statistics and Probability
The length of a confidence interval changes when either the confidence level changes or the sample...
The length of a confidence interval changes when either the confidence level changes or the sample size changes. To illustrate this, imagine a statistician takes a sample from a population with a population standard deviation of 2. The sample mean is calculated to be 10. Construct 3 different confidence intervals:
3a) Assume the sample size is 30 and the confidence level is 95%
3b) Assume the sample size is 30 and the confidence level is 90%
3c) Assume the sample size is 50 and the confidence level is 95%
3d) In general, if the confidence level is decreased, does the length of the confidence interval increase or decrease? Explain your answer. Hint: Refer to your answers to (3a), (3b) and (3c) 3e) In general, if the sample size is increased, does the length of the confidence interval increase or decrease? Explain your answer.
3f) In order to make a more accurate prediction of a population mean, it is better to have a shorter confidence interval, in other words, a narrower range of possible values. Based on your answers to (3d) and (3e), is it better to increase the accuracy of an estimation by decreasing the confidence level or increasing the sample size? Explain your answer.
In: Statistics and Probability
The “environment” changes so rapidly that is difficult to identify all the changes that could affect...
The “environment” changes so rapidly that is difficult to identify all the changes that could affect a business in terms of risk management.
A. Evaluate the company for which you work, or company which you’re familiar. What is happening today in the environment (i.e the economic and legal, technological,competitive, social, global business environment?
B. How do the changes you have identified increase the necessity for risk management of this firm.
C. What action can firm take to minimize the risk of loss from this change?
In: Accounting