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  • Problem Set 1

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    Telmo Alfonso Peña Romero
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    1. The document contains several word problems involving measuring GDP growth rates, inflation rates, and the components of expenditures. 2. Growth rates are calculated between years by taking the percentage change between GDP values. Inflation rates are calculated by taking the percentage change in a price index from one year to the next. 3. The components of expenditures include consumption of $9,000, net exports of $0, government purchases of $400, and investment of $1,310, giving a total GDP of $10,710.

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    1. The document contains several word problems involving measuring GDP growth rates, inflation rates, and the components of expenditures. 2. Growth rates are calculated between years by taking the percentage change between GDP values. Inflation rates are calculated by taking the percentage change in a price index from one year to the next. 3. The components of expenditures include consumption of $9,000, net exports of $0, government purchases of $400, and investment of $1,310, giving a total GDP of $10,710.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    2 views3 pages

    Problem Set 1

    Uploaded by

    Telmo Alfonso Peña Romero
    1. The document contains several word problems involving measuring GDP growth rates, inflation rates, and the components of expenditures. 2. Growth rates are calculated between years by taking the percentage change between GDP values. Inflation rates are calculated by taking the percentage change in a price index from one year to the next. 3. The components of expenditures include consumption of $9,000, net exports of $0, government purchases of $400, and investment of $1,310, giving a total GDP of $10,710.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 3

    PROBLEM SET 1

    Measuring GBP
    1 .
    Yew 1- (20^0.5)+110 .
    2) 1- 113.5) =
    95
    125^0.6511-112>2.351+114 5.51=121.45
    Ylat 2- .

    Yew 3-128 0.751T 115-2.7511-(15-9.75)=148.5


    .

    Growth Rate
    2. 41911-120.0 .SI +110.211-113.51--95 195-95195=01 .

    YLURZ -
    (25-0.5)+112.21+114.51=106.5 1106.5-95195=12.11 %
    41913 -
    (28-0.511-115.21+15.5)=119 1119-10611106.5-11.741 .

    Growth Rate
    3. Heart -120 -0.651+1102.351+113%51=108 1108-1081108=01 .

    4Mt 2 -1250.651+112>2.351+1141.51--121.45 1121.45-1081108=12.44


    4Mt 3 -128-0.611+1112.351+1151.51=218.45 1118.45-1081 1085102.27%

    4 .
    Quantrill HA 10 16.6s 21
    LO 18.1 41.15
    6J 77 86.1s

    20 =
    0.21 16.2s
    =
    0.133 6s -0.684
    101-201-65 16.251-28.21-77 101-201-65

    10 =
    0.232 77 '

    0.634 13 =
    0.3
    201-101-13 16.251-28.21-77 20+101-13

    28.2 =
    0.232
    16.251-28.21-77

    GBP1 Main Wlightlct


    -

    10+20+65 =
    123.95
    11-0.304

    GBP2 MAIN Wlightld -

    16.21+28.2+77=157.18
    11-0.294

    GBP3 Chain Wlicfhtld -

    21+41.25+86.25=191.61
    1 t 0.290
    5. HIVIIQSTMFOIMALHY 41=13×111-0.31--16.9
    Print lnformcllity 10% $5 $4 S
    = -

    GROWTH
    41 NGDP RGDP =
    106.0s =
    10665 4=0
    42 NGDP -134.54 RGDP =
    118.4 4=11.65
    43 NGDP 163.26 RGDP = =
    131.7s 4=24.23

    In 60th cases doesn " Mangel .

    Mearuring prius and inflation


    lnflation
    1 .
    Hart • 9s •

    100=100
    qg Karl :
    114.04-100=14.041 .

    100
    41912 -121.4s -100=114.04
    106.5 41913 : 124.79-114.04=9.43 %
    114-04
    Yeats -148.5-100=124.79
    119

    2. A- =
    1s Def / Molly , =
    1150.6511-15-2.321+110.5 .SI =
    1.13
    M -5 -

    115-0.511-15.21+10.51
    f- 10
    lnflator rate =
    1. 13-1 =
    13%
    1

    Delator =
    111-0.751+11 -2.7511-110-5.751 =
    1.22
    y,
    III. 0.511-11-211-110 A -

    1nF / Mor rate = 1.22-1.13=7.961 .

    1.13
    The Components Of lxplnditurl

    lonsumption :
    100 so -

    =
    9000

    Nlt LXPOFIS :
    1000-1100-101 =
    0

    GOVLRMMLMT Purchase : 300+100=400

    Investment :
    110.1001+15.501+1120.81-120.511 =
    1310

    Y =
    ( + It GTXN
    Y =
    90001-1310+400
    y =
    6410

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