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The GDP of a state A in 2016 was 20 billion euros. Forecast for 2017 foresee 0% real growth and value of 4% of GDP deflator What was the nominal growth rate of GDP and value in 2016 prices

The GDP of a state A in 2016 was 20 billion euros. Forecast for 2017 foresee 0% real growth and value of 4% of GDP deflator (3 p.). a) What was the nominal growth rate of GDP and value in 2016 prices? b) Please find the value of state A GDP per capita in 2017 assuming that the state A had 1.3 million inhabitants in 2017. c) In another country B the GDP per capita was 18000 USD per capita in 2017.1s a country A more wealthy or poorer in comparison with a country B in 2017 if the Exchange rate was I EUR=1.2 USD? d) The same question if 1 EUR=I USD.
6. There is following information on the GDP of a country C (billion euros). Please find value of the GDP (2 p):
Wages 15 Private consumption 16 Public sector consumption 4 Profits of business sector 3 Depreciation 2 Indirect taxes 5 Subsidies to business sector 1 Total capital formation 5 Exports 7.5 Imports 8.5

Apr 02 2020 View more View Less

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