Homework 1.pdf QUESTION 5 paints Save Arawer sions io ranwaris 1 milion nawer 1)
ID: 1138106 • Letter: H
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Homework 1.pdf QUESTION 5 paints Save Arawer sions io ranwaris 1 milion nawer 1) QUESTION 6 'A 0buy? S100 000 , croc 1 to ton Bo p mard solb t to customes n the US to $125. 00Byhow mwc, does GDP ge? itnswor nto srd5 of diasard do NOT ndado dolar 5:Le: answer is $200 thousand, answer 20o QUESTION 1 paints Seve Arower An oconomy prod.cos applos tin kilos) and computors tin unts Tho quantos of applios in yoars 2008, 2000 and 2010 an 500 500 and 560, ropectivoly The quanones of computors in hoeo samo yoars aro5,G and &, nespoctivoly Tho pricos of a klo f apls0n dollars) in yos 2008 2008 and 2010 ano 1, 2 and 3, rospectcty Tho prcos of comgutors tin do larsi for thoeo same yoars a D and 1000 Tho yoar 2010 s QUESTION sarre yeas ate 1000 and 10:00 The wai GDP 2010 prices tr war 2008 is. QUESTION 9 1 poinbs Save Anawer An economy prod.ces spcles in klos) and computers [n unts). Tre quanttes of spples in years 2000,2000 and 2010 ane 300 500 and 550, respectvely The quines of computers in 900 1000 and n210 prices 2009 i QUESTION 10 points Seve Arawer An economy prod.ces apples in kilos) and computers [in unts). The quantties of apples in years 2006, 2009 and 2010 ane 300, 500 and 560, respectively. The quenones of computers in thee 5ame yearsare 5 5 and rescenvely The prices of B kao 'ples in dolers) in yeos 2008 2009 &nd 2010 are t 2 Bn63 respectvety The poes 0f computers in dolars, for toee serre yessa esco 1000 r d1000 Between 200 ard 20e te eel GDP n 2010 poes grew by what ar oar? IAreper in perco tsod do NOT nade te % 5 nie fthe answer i5Explanation / Answer
5. U.S GDP rises by $50 million , because net exports (NX) rises by $50 million. Hence, the answer is 50.
6. U.S GDP rises by $25,000 because NX falls by $100,000 i.e imports and Consumption increases by $125,000. So, the net effect on GDP is $(125,000-100,000)= $25,000. The store added $25,000 value to the U.S GDP Hence, the answer is 25,000.
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