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Compute the values of nominal GDP in 2017, 2018 and 2019. [Kirakan nilai-nilai KDNK nominal pada 2017, 2018 dan 2019] (6 Marks' Markak) Compute the values of real GDP and GDP deflator in 2018 and 2019 (using 2017 as the base year). Kirašan nilai-nilat KDNK zebenar dan KDNK pendeflari pada 2018 dan 2019 imanggunakan tahun azas 2017)1 (11) (5 Marks/ Markak) Compute the percentage change in the real GDP in 2018 and 2019 from the preceding year. [Kirakan peratuz perubahan dalam KDNK zebenar pada 2018 dan 2019 berdazar kan tahun sebelumrya) (1) (4 Marks/ Merkah)

Compute the values of nominal GDP in 2017, 2018 and 2019. [Kirakan nilai-nilai KDNK nominal pada 2017, 2018 dan 2019] (6 Marks' Markak) Compute the values of real GDP and GDP deflator in 2018 and 2019 (using 2017 as the base year). Kirašan nilai-nilat KDNK zebenar dan KDNK pendeflari pada 2018 dan 2019 imanggunakan tahun azas 2017)1 (11) (5 Marks/ Markak) Compute the percentage change in the real GDP in 2018 and 2019 from the preceding year. [Kirakan peratuz perubahan dalam KDNK zebenar pada 2018 dan 2019 berdazar kan tahun sebelumrya) (1) (4 Marks/ Merkah)

Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter5: Buying The Necessities
Section: Chapter Questions
Problem 20AA
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Compute the values of nominal GDP in 2017, 2018 and 2019. [Kirakan nilai-nilat KDNK nominal pada 2017, 2018 dan 2019.] (6 Marks/ Markak) Compute the values of real GDP and GDP deflator in 2018 and 2019 (11) (using 2017 as the base year). Kirakan nilat-nilat KDNK sebenar dan KDNK pendeflart pada 2018 dan 2019 imenggunakan tahun aza: 2017),1 (5 Marks/ Markak) (iii) Compute the percentage change in the real GDP in 2018 and 2019 from the preceding year. [Kirakan peratus perubahan dalam KDNK zebenar pada 2018 dan 2019 derdazar kan tahun sebelumarya.} (4 Marks/ Markah) Explain THREE (3) limitations in measuring the real GDP. [Terangkan TIGA (3) batazan dalam mengukur KDNK sebenar) (6 Marks/ Markak) -0000o00- SULIT
Transcribed Image Text:Compute the values of nominal GDP in 2017, 2018 and 2019. [Kirakan nilai-nilat KDNK nominal pada 2017, 2018 dan 2019.] (6 Marks/ Markak) Compute the values of real GDP and GDP deflator in 2018 and 2019 (11) (using 2017 as the base year). Kirakan nilat-nilat KDNK sebenar dan KDNK pendeflart pada 2018 dan 2019 imenggunakan tahun aza: 2017),1 (5 Marks/ Markak) (iii) Compute the percentage change in the real GDP in 2018 and 2019 from the preceding year. [Kirakan peratus perubahan dalam KDNK zebenar pada 2018 dan 2019 derdazar kan tahun sebelumarya.} (4 Marks/ Markah) Explain THREE (3) limitations in measuring the real GDP. [Terangkan TIGA (3) batazan dalam mengukur KDNK sebenar) (6 Marks/ Markak) -0000o00- SULIT
Jadual 1 menurnfukkan beberapa data harga dan kuantiti untuk sebuah ekonomi zederhana jang menghasilkan darang dan perkhidmatan derikut.) Table 1: Price and quantity for three types of product [Jadual I: Harga dan kuantiti sontuk tiga jenis produk) Product [Produk) Year 2019 [Tahun 20191 Price (RM) [Harga (RM) 1.25 Year 2017 Year 2018 [Tahun 20181 Price (RM) Kuanti) (RM) Kuanttij [Harga (RAM)) 1 [Tahun 2017) Quantity Quantity Kuantitij Price Quantity [Harga (RM)) A 180 200 200 B 90 75 90 100 100 120 0.6 675 0.5 600 0.5 630 (1) Compute the values of nominal GDP in 2017, 2018 and 2019. [Kirakan nilai-nilai KDNK nominal pada 2017, 2016 dan 2019) (6 Marks/ Markah) Compute the values of real GDP and GDP deflator in 2018 and 2019 (using 2017 as the base year). [Kirakan nilai-nilat KDNK zebenar dan KDNK pendeflari pada 2018 dan 2019 (menggunakan tahun azas 2017)) (5 Marks/ Markak) (iii) Compute the percentage change in the real GDP in 2018 and 2019 from the preceding year. (Kinatan nerat nervhghandelam KDNK ehengr nada 2018 dan 2019
Transcribed Image Text:Jadual 1 menurnfukkan beberapa data harga dan kuantiti untuk sebuah ekonomi zederhana jang menghasilkan darang dan perkhidmatan derikut.) Table 1: Price and quantity for three types of product [Jadual I: Harga dan kuantiti sontuk tiga jenis produk) Product [Produk) Year 2019 [Tahun 20191 Price (RM) [Harga (RM) 1.25 Year 2017 Year 2018 [Tahun 20181 Price (RM) Kuanti) (RM) Kuanttij [Harga (RAM)) 1 [Tahun 2017) Quantity Quantity Kuantitij Price Quantity [Harga (RM)) A 180 200 200 B 90 75 90 100 100 120 0.6 675 0.5 600 0.5 630 (1) Compute the values of nominal GDP in 2017, 2018 and 2019. [Kirakan nilai-nilai KDNK nominal pada 2017, 2016 dan 2019) (6 Marks/ Markah) Compute the values of real GDP and GDP deflator in 2018 and 2019 (using 2017 as the base year). [Kirakan nilai-nilat KDNK zebenar dan KDNK pendeflari pada 2018 dan 2019 (menggunakan tahun azas 2017)) (5 Marks/ Markak) (iii) Compute the percentage change in the real GDP in 2018 and 2019 from the preceding year. (Kinatan nerat nervhghandelam KDNK ehengr nada 2018 dan 2019
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