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- 9. Consider the following firms, and assume that Hong Kong is our domestic economy. Foreign Steel Company, HK-owner, (Firm 1) Domestic Oil Company, Indian-owner (Firm 2) Revenues Foreign Car Company, Italian-owner (Firm 3) Revenues $175 $200 Revenues $300 from sales from sales from sales Expenses Expenses Wages $50 Expenses Wages (to domestic $100 Wages $70 (to (to foreign workers) workers) workers) Steel $100 purchases (from firm 1) Oil $100 purchases (from firm 2) Profit $125 Profit $100 Profit $30 Compute the value added by each firm. Then, calculate the GDP and GNP of Hong Kong. No need to show derivations. VALUE ADDED Firm 1 Firm 2 Firm 3 foreignwhat was the gdp and gnp of the united states in 2000Examples of GDP and GNP
- Find gdp and nnpInstructions: Work with the exact data from the internet and please provide sources of those from where you have collected information.The chosen country is NEPALDiscuss how the country moved in the GNP per capita rankings and HDI rankings in the last three decades (1990-2020).If a nation has GDP of $60.8 billion and GDP per capita of $78,800, what is the nation's population? Multiple Choice 887,310 1,296 4,791,040 771,574
- A Nova Scotia Company is trying to successfully enter the cranberry market in Australia. What is the GNP or GDP for entry country (Australia), Is it growing? What is the per capita income? What is the average family income? What are the income classes and distribution?Does Australia have unexploited or underused resources that can affect future wealth?Country Namibia South Africa Botswana Zambia Brazil Per Capita Income (2017) $10,380 12,870 15,510 3,810 15,140 13,430 16,860 1,760 14,320 55,980 41,680 34,700 41,280 48,700 Percentage of Total Income Received by Highest Decile Honduras Mexico Haiti China United States France Spain Great Britain. Sweden Source: World Development Indicators, World Bank, 2018. $ 23,316 b. less than 30 percent of total income? 27 26 25 23 31 31 31 40 37 35 44 52 51 50 Using the figure, what is the average per capita income in nations shown in the figure where the highest-income decile gets: Instructions: Enter your responses as a whole number. a. at least half of total income?Life expectancy at birth in Iceland: Total population is 83.25 years. Male 81.21 years. Female 85.79 years. (2021 est.) Iceland population 354,234(July 2021 est.) Iceland GDP per capita: $52,300 note: data are in 2017 dollars (2020 est.) $56,900 note: data are in 2017 dollars (2019 est.) $56,700 note: data are in 2017 dollars (2018 est.) Data are in 2010 dollars Iceland in purchasing power parity: $19.16 billion note: data are in 2017 dollars (2020 est.) $20.52 billion note: data are in 2017 dollars (2019 est.) $20.01 billion note: data are in 2017 dollars (2018 est.) Data are in 2010 dollars PPP for Iceland GNP per capita=?
- The Central African Republic has a GDP of $234,000 million and a population of 4.862 million. Calculate the GDP per capita of Central African Republic. Group of answer choices $46,890 per person $ 50,000 per person none of the aboveDetermine Life Expectancy Index, Education Index and Income Index for Country YFind per capita GDP when the population is 300 million and GDP is $1.5 trillion.