All categories

4 years ago

Economists use gross national product (GNP) to measure ___

2 answers:

6 0

Economists use the gross national product (GNP) to measure <u>the output of a nation’s citizens, regardless of where they are. </u>

<h3>Further explanation </h3>

Gross National Product or GNP measures the total output produced by a country's residents, regardless of where they are. Therefore, any output produced by foreign residents within the country must be excluded in calculations of GNP, while any output produced by the country's residents outside of the country must be counted.

Gross national product calculates by adding these factors below:

<h3>Consumption + Government Expenditures + Investments + Exports + Foreign Production </h3>

Another important economic measure is Gross Domestic Product (GDP). GDP measures the total output produced in the country, regardless of who they are. GDP is the most widely used to measure a country's economic activity. The difference between GNP and GDP may indicate that a country is more engaged in international trade. The larger the difference between a country's GNP and GDP, the greater international activities.

<h3>Learn more </h3>

Gross National product brainly.com/question/1086262

GNP and GDP brainly.com/question/1228512

GNP vs GDP brainly.com/question/853464

Keywords: GNP, Gross National Product, GDP, Gross Domestic Product, International trade

Elena-2011 [213]4 years ago

3 0

<u>The option (c) is correct. </u>

Economists use the gross national product (GNP) to measure the output of a nation’s citizens, regardless of where they are.

Further Explanation:

Gross national product is defined as the market value of all services and goods produced by a country's businesses and residents, both outside and inside the country during a given time period. GNP also includes the investments made by the country's residents and businesses in the country and outside it.The GNP can be calculated as:

Y = G + I + C + X + Z

Where,

GNP = Government + Investment + Consumption + X (net exports) + Z (net factor income from abroad - net factor income to abroad)

The difference between the GDP (Gross Domestic Product) and GNP (Gross National Product) is that GDP takes into consideration the value of goods and services produced by a factor of production within the country during a given time period while the GNP also takes the market value of all services and goods which are produced by businesses and residents of a country, both outside and inside the country during a given time period.

<u>Therefore, option (c) is correct. </u>

<u />

Learn more:

1. Learn more about the objective of the budget

brainly.com/question/1226004

2. Learn more about the revenue and expenditure

brainly.com/question/1890422

3. Learn more about the large expenditures

brainly.com/question/7744644

Answer details:

Grade: Middle School

Subject: National Income

Chapter: Economics

Keywords: gross national product, the output of a nation’s citizens, the output of foreign-owned businesses within a nation.

You might be interested in

Ok i dont know how much my parents have to pay for childrens in rapids wayer park. Can SOMEONE PLZ TELL ME AND I WILL GIVE YOU B

Nezavi [6.7K]

Regular Admission (All Day)

Individual rate Monday-Friday (No Holidays) - $42.99 plus tax

Individual rate Saturday-Sunday (And Holidays) - $47.99 plus tax

Children 2 and under are free

3 0

3 years ago

A corporate bond pays 6.25 percent interest. How much would a municipal bond have to pay to be equivalent to this on an after ta

garri49 [273]

Answer:

C) 4.50 percent

Explanation:

It is given that :

Interest a corporate bond pays = 6.25 percent

The marginal percent tax bracket is given as : 28 %

We have to find the amount that the municipality bond shall pay to be the equivalent to the amount after the tax basis :

We known that the municipal bond is tax exempted after the corporate tax bond should be equal to the municipal bond to be indifferent.

Thus, rate of return = rate of return after tax = rate x (1 - tax rate)

= 6.25 % x (1 - 0.28)

= 4.50 %

Therefore the answer is = 4.50 %

5 0

3 years ago

The environmental protection agency of a county would like to preserve a piece of land as a wilderness area. The current owner h

charle [14.2K]

Answer: The answer is given below

Explanation:

Here , we are going to apply the present value of annuty formula.

a. Social Opportunity cost = $1.1 Million

The Yearly cash flows = $110,000

Time (n) = 20 years

The Discount rate (R) = 4%

Net benefits= Present value of cash inflows - the intial socail opportnity cost

Net benefits= Yearly cash flow × (1 - 1/(1+R)^n) / R - 1100000

Net benefits = 110000 × (1 - 1/1.04^20)/0.04 - (1100000)

= $394936

b. We will use the formula for present value of an annuity with the growth rate in benefits as 2 percent.

Firstly, dg= (0.04 - 0.02)/ (1+0.02)

= 0.01961

PV(benefits) = [($110,000)÷ (1+0.02)][1-(1+dg)-20]/dg]

= $1,770,045

NPV = $1,770,045 - $1,100,000= $670,045

7 0

3 years ago

Arjen owns investment A and 1 bond B. The total value of his holdings is 1,529 dollars. Investment A is expected to pay annual c

zloy xaker [14]

Answer:

In order to find the present value of the bond we have to calculate the present value of investment A and subtract is from 1529. We can find the present value of A by discounting all its cash flows.

As the first cash flow is received today and the last will be received 3 years form now there will be a total of 4 cash flows

1) 218.19 (Will not be discounted as we are receiving it today in the present)

2) 218.19/1.0987 (Discount by 1 year as cash will be received in 1 year)

3) 218.19/1.0987^2 (Discount by 2 years as cash will be received in 2 years)

4) 218.19/ 1.0987^3 (Discount by 3 years as cash will be received in 3 years)

= 218.19 + 198.58 + 180.74+ 164.51 = 762.02

PV of Bond = 1529-762.09= 766.91

Semi annual coupons mean 2 payments a year. Bond B matures in 23 years which means a total of 46 payments (23*2). N=46. A coupon rate of 6.4 percent means that the bond pays $64 (0.064*1000) each year. $64 divided by 2 is 32 which is the amount of each semi annual payment Arjen receives. Pv= 766.91 FV = 1000

In a financial calculator put

PV= -766.91

N= 46

FV=1000

PMT= 32

and compute I

I is 4.38 and we will multiply it by 2 because the payments are semi annual. So we will get an I of 8.76

YTM= 0.0876

Explanation:

5 0

3 years ago

Bruno and Diana are trying to calculate their gross income. Which of the following items should they exclude from their gross in

arsen [322]

Answer: $15,000 gift from Diana’s mother for the down payment of their new house

Explanation: under the US code 102- Gifts and other inheritances. Gross income does not include the value of property acquired by gift. Money given as gifts to purchase a property are not taxable.

4 0

3 years ago