4 ) The table below contains data for country A for the year 2010 . =================================================== AB 204 Unit 5 Assignment
definition , some production is left out of GDP . Explain why some final goods and services are not included .
4 ) The table below contains data for country A for the year 2010 . =================================================== AB 204 Unit 5 Assignment
FOR MORE CLASSES VISIT www . ab204study . com
) Assume there is a simple economy where people consume only 2 goods , food and clothing . Further assume that the market basket of goods used to compute the CPI consists of 100 units of food and 20 units of clothing .
2 ) Calculate how much each of the following items is worth in terms of today ' s dollars using 180 as the price index for today .
3 ) The table below uses data for 3 hypothetical countries . All the number values are in thousands . Complete the blank entries in the table below .
4 ) The following table indicates U . S . real GDP data . Calculate real GDP per person for 1987 and 2005 . Then use real GDP per capita to compute the percentage change in real GDP per person from 1987 to 2005 .
===================================================