## 05 Jan Economics

Economics

Document Preview:

1. In 2003, A was 1,507 billion dollars, B was 7.274 billion dollars, C was 2.054 billion dollars, D was 1.624 billion dollars and E was 505 000 million. Calculate: a. aggregate spending. b. aggregate income. c. Gross Domestic Product (GDP). d. the government budget deficit. e. saving families. f. government savings. g. national saving. h. indebtedness to the rest of the world.

2. Tropic Republic produces only bananas and coconuts. The base year is 2005 and the tables show the quantities produced and prices.
Amounts 2005 2006 Bananas 1000 clusters 1100 clusters Coconut 500 clusters 525 clusters Prices 2005 2006 Bananas \$ 2 per cluster \$ 3 per cluster Coconut \$ 10 per cluster \$ 8 per cluster
a. Calculate the nominal GDP in 2005 and 2006 Tropic Republic.b. Calculate the GDP in 2006 using the method of the base year prices. c. Compute the GDP deflator in 2006.

1. In 2003, A was 1,507 billion dollars, B was 7.274 billion dollars, C was 2.054 billion dollars, D was 1.624 billion dollars and E was 505 000 million. Calculate: a. aggregate spending. b. aggregate income. c. Gross Domestic Product (GDP). d. the government budget deficit. e. saving families. f. government savings. g. national saving. h. indebtedness to the rest of the world.

2. Tropic Republic produces only bananas and coconuts. The base year is 2005 and the tables show the quantities produced and prices.
Amounts 2005 2006 Bananas 1000 clusters 1100 clusters Coconut 500 clusters 525 clusters Prices 2005 2006 Bananas \$ 2 per cluster \$ 3 per cluster Coconut \$ 10 per cluster \$ 8 per cluster
a. Calculate the nominal GDP in 2005 and 2006 Tropic Republic.b. Calculate the GDP in 2006 using the method of the base year prices. c. Compute the GDP deflator in 2006.

HOW OUR WEBSITE WORKS

Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of
HIGH QUALITY & PLAGIARISM FREE.

Step 1

To make an Order you only need to click ORDER NOW and we will direct you to our Order Page at WriteDen. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Deadline range from 6 hours to 30 days.

Step 2

Once done with writing your paper we will upload it to your account on our website and also forward a copy to your email.

Step 3
Upon receiving your paper, review it and if any changes are needed contact us immediately. We offer unlimited revisions at no extra cost.

Is it Safe to use our services?
We never resell papers on this site. Meaning after your purchase you will get an original copy of your assignment and you have all the rights to use the paper.

Discounts

Our price ranges from \$8-\$14 per page. If you are short of Budget, contact our Live Support for a Discount Code. All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.

Please note we do not have prewritten answers. We need some time to prepare a perfect essay for you.