CASTILLO, MARGAUX JULIENNE R

Part 1-A  Consumer Price Index

WEIGHT 2019 2020 2021

A 47.25 120 135 119.50
B 12.15 65 60 60
C 22.30 92 95 90
D 10.12 100 98.75 100.80
E 8.18 77 82 79.45
WEIGHTED AVG. 454 470.75 449.75

2019
= (47.25 X 120) + (12.15 X 65) + (22.30 X 92) + (10.12 X 100) + (8.18 X 77) = 10153.21
2020
= (47.25 X 135) + (12.15 X 60) + (22.30 X 95) + (10.12 X 98.75) + (8.18 X 82) = 10896.36
2021
= (47.25 X 119.50) + (12.15 X 60) + (22.30 X 90) + (10.12 X 100.80) + (8.18 X 79.45) = 9141.572

CPI
449.75 X 100 = 99.06
454

This means that there is no deterioration in the purchase

INDEX POINT CHANGE

449.75 – 470.75 = 920.5
PERCENT CHANGE
920.5 X 100 = 195.54%
470.75
 B.  Nominal and Real GDP
NOTE: 1 Ton = 1000 Kg.

Products Y1 QTY Y1 Price Y2 QTY Y2 Price Y3 QTY Y3 Price

Printers 5000 units 4,500/unit 7500 units 3,500/unit 6000 units 3,500/unit
Sugar 3,000,000 52.00/kg 5,000,000 52.00/kg 5,500,000 52.00/kg
100,000 89,000 board 100,000 board
Lumber 200/Board Ft. 200/Board Ft. 200/Board Ft.
board feet feet feet

150,000
Paper 50.00/meter 200,000 meters  55.00/meter 220,000 meters  55.00/meter
meters 
50,000
Television 23,450/unit 65,000 units 20,450/unit 635000 units 20,450/unit
units
500,000,00
Rice 44.00/kg 750,000,000 44.00/kg 710,700,000 44.00/kg
0
200,000
Cellphones 18,990/unit 200,000 units 14,990/unit 189,000 units 14,990/unit
units
Furniture 50,000 sets 25,000/set 42,000 sets 20,000/set 36,900 sets 20,000/set
200,000
Houses 1.2M/unit 100,000 units 1.35M/unit 90,000 units 1.35M/unit
units
200,000,00
Steel products 100,000,000 300,000,000 97,600,000 300,000,000 97,600,000
0

500,000
Textile 25.00/meter 370,000 meters 35.00/meter 410,000 meters 35.00/meter
meters

NOMINAL GDP
Y1 = 288,439,000,000
Y2 = 202,775,250,000
Y3 = 198,961,110,000

REAL GDP
Y1 = 288,439,000,000
Y2 =189,693,892,500
Y3 = 161,027,410,000

C. Compute for the GDP using the 3 approaches of country A if there are three companies /corporations
operating with the data below.
Company A                                                          

Electricity - 78,345.90
Water - 62,345.89
Internet - 120,455.78
Materials - 300,450.00
Labor - 225,876.92
Rent - 55,000.00
Profit - 92,750.00

Company B

Utilities - 173,675.12
Wages - 74,800.00 
Profit - 71,234.50
Infrastructure - 250,000
Interest - 25,600

Company C

Operations Cost - 120,345.67

Utilities - 83,240.78
Compensation - 45,678.00
Profit - 56,734.23
Materials - 72,345.89

TOTAL FACTOR
COMPANY A COMPANY B COMPANY C
INCOME
 VALUE OF SALES 935,224.49 1,530,534.11 1,908,878.68
INTERMEDIATE
0 935,224.49 1,530,534.11
GOODS
WATER 62,345.89

ELECTRICITY 78,345.90

INTERNET 120,455.78

MATERIALS 300,450.00 72,345.89

LABOR 225,876.92

RENT 55,000.00

PROFIT 92,750.00 71,234.50 56,734.23

UTILITIES 173,675.12 83,240.78

WAGES 74,800.00 

INFRASTRACTURE 250,000

INTEREST 25,600

OPERATIONS
120,345.67
COST
COMPENSATION 45,678.00

TOTAL
EXPENDITURE BY 935,224.49 1,530,534.11 1,908,878.68
FIRM

VALUE ADDED
PER
FIRM = VALUE OF
935,224.49 595,309.62 378,344.57
SALES – COST OF
INTERMEDIATE
GOODS

CASTILLO, MARGAUX JULIENNE R FEB 1 2022

ASSIGN 3: 3 approaches to GDP MACROECONOMICS