X Cont Anna Cour Hom Cour Hom My to O 30) 1. In C Due: COX M Your + chegg eacher-warns-annua... Homework 3 NZG - Microsoft Word Tabl. = Chegg St Home Insert Page Layou: References Malings Review View Layou: Design 7 Caibri (Body - 11 AAA Quick Change Editing Styles Styles Styles A Az A -2.1 Paragraph Clipboard Font GDP can be measured: Y =C+I+G+ (XM) =household private final consumption + government final consumption + gross domestic capitalism formation + net export Show transcribed image text 1200+250+200+00-50 Expert Answer = $1660 million Karan Soad answ 3,545 answers Ques1 2. The table below is the data for Senecaville (2 Marks): Year Average level of Prices $) 2000 15 2010 20 2020 25 Quantity of Output 650 1,000 1,500 Parta Calculation of E a. Calculate the GDP for 2000, 2010, and 2020. b. By using 2010 as the base year, what are the price indexes for 2000 and 2020? C. By using the price indexes calculated in part b, express GDP in Senecaville for 2000, 2010, and 2020. d. is the economy expanding equally each year? Why or why not? Cost of Oven a Utilities = $3001 Salaries = 520,0 OD 865 - Materials= 550X Words: 190 Word is soving Homew.. Total Explicit Costs = 550,000 - 53000 + S20,000 + 55000 U =$70000 Calculation of Implicit Costs Interest on deposits = 5% of $1,000,000 = 550,000 Foregone Rent = $120,000 Type here to search O 40 954 AM 3/11/2021 12 X Cont Anna Cour Hom Cour Hom My to O 30) 1. In C Due: COX M Your + chegg eacher-warns-annua... Homework 3 NZG - Microsoft Word Tabl. = Chegg St Home Insert Page Layou: References Malings Review View Layou: Design 7 Caibri (Body - 11 AAA Quick Change Editing Styles Styles Styles A Az A -2.1 Paragraph Clipboard Font GDP can be measured: Y =C+I+G+ (XM) =household private final consumption + government final consumption + gross domestic capitalism formation + net export Show transcribed image text 1200+250+200+00-50 Expert Answer = $1660 million Karan Soad answ 3,545 answers Ques1 2. The table below is the data for Senecaville (2 Marks): Year Average level of Prices $) 2000 15 2010 20 2020 25 Quantity of Output 650 1,000 1,500 Parta Calculation of E a. Calculate the GDP for 2000, 2010, and 2020. b. By using 2010 as the base year, what are the price indexes for 2000 and 2020? C. By using the price indexes calculated in part b, express GDP in Senecaville for 2000, 2010, and 2020. d. is the economy expanding equally each year? Why or why not? Cost of Oven a Utilities = $3001 Salaries = 520,0 OD 865 - Materials= 550X Words: 190 Word is soving Homew.. Total Explicit Costs = 550,000 - 53000 + S20,000 + 55000 U =$70000 Calculation of Implicit Costs Interest on deposits = 5% of $1,000,000 = 550,000 Foregone Rent = $120,000 Type here to search O 40 954 AM 3/11/2021 12