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[Problem 2) 1929 Y (F6) $82.6 $95.8 $100 3.2% $79.0 $4.0 $3.3 $96 8.7% $71.0 Nat

ID: 1212151 • Letter: #

Question

[Problem 2) 1929 Y (F6) $82.6 $95.8 $100 3.2% $79.0 $4.0 $3.3 $96 8.7% $71.0 National Income Deflator (F5) Unemployment Rate (D47) Consumption Expenditures (F68) Federal Government Revenue (Y254) Federal Government Expenditure (Y255) Investment Cash held by Public (x410) Total Reserves of Commercial Banks Demand Deposits held by Public (X412) Yield on Moody's AAA (X477) Yield on US Government Bonds (X474) Number of Commercial Banks (X97) Number of CB Suspensions (X165) $3.4 calculate calculate: $3.90 $3.00 $22.74 4.73% 3.60% 24,970 659 $16.9 8.5% $3.73 $2.97 $22.03 4.55% 3.29% 23,673 1,352 $16.2 8.5% $0.552 $85.2 -22.01% 2 Outstanding Federal Bonds (Y257) Legal Reserve Requirements (263-264) Production Worker Wage Rates (D626) Wholesale Prices Excluding Farm & Food (E14) Actual Rate of Return on Common Stock 0.568 $91.6 5.83% 5

Explanation / Answer

There are mainly two methods of Calculating GDP , and that are Income Method and Expenditure Method.

Y = C + I + G + (EX-IM) is expenditure method

Here C or consumption includes Consumption expenditure

G or Government spending includes Fedral government rvenues and Expenditure

I includes Investments

EX-Im is Exports minus Imports , and no variable is given over here which represents this.

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