assignment questions l calculate the gdp by using both formulasexpenditure approach and income a

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Assignment Questions: 1. Calculate the GDP using both the expenditure approach and the income approach. Also, calculate the Real GDP if the Consumer Price Index (CPI) for Year 1 is 120 and the CPI for Year 2 is 150. YEAR 1: Consumption: 6,200 Million S Indirect Taxes: 200 Million S Investment: 1,600 Million S Depreciation: 800 Million S Interest: 400 Million S Corporate Profit: 500 Million S Exports: 500 Million S Compensation of Employees: 6,300 Million S Government Purchases: 1,000 Million S Direct Taxes: 800 Million S Saving: 1,100 Million S Imports: 700 Million S Rent: 400 Million S YEAR 2: Consumption: 2,500 Million S Indirect Taxes: 4,000 Million S Investment: 500 Million S Depreciation: 2,000 Million S Interest: 3,000 Million S Proprietor's Income: 200 Million S Consumption: 1,500 Million S Depreciation: 330 Million S Investment: 700 Million S Indirect Taxes: 6 Million S Savings: 1,000 Million S Imports: 10,000 Million S Rent: 100 Million S Exports: 0 Million S 2. Calculate all the missing figures and use the results to analyze the unemployment rates and its relationship with population and employment conditions. Also, identify if there are any discouraged workers effects among the four years. Country: Peace Land Year 1: Population: 20,000 Unemployed: 7,500 Employed: 11,000 Year 2: Population: 22,000 Unemployed: 9,000 Employed: 12,000 Year 3: Population: 21,000 Unemployed: 7,000 Employed: 10,000 Year 4: Population: 25,000 Unemployed: 8,000 Employed: 14,000 Missing figures: Year 1: Labor Force: ? Not in Labor Force: ? Year 2: Labor Force: ? Not in Labor Force: ? Year 3: Labor Force: ? Not in Labor Force: ? Year 4: Labor Force: ? Not in Labor Force: ? Unemployment Rate: ? Labor Force Participation Rate: ?

          Assignment Questions:
1. Calculate the GDP using both the expenditure approach and the income approach. Also, calculate the Real GDP if the Consumer Price Index (CPI) for Year 1 is 120 and the CPI for Year 2 is 150.

YEAR 1:
Consumption: 6,200 Million S
Indirect Taxes: 200 Million S
Investment: 1,600 Million S
Depreciation: 800 Million S
Interest: 400 Million S
Corporate Profit: 500 Million S
Exports: 500 Million S
Compensation of Employees: 6,300 Million S
Government Purchases: 1,000 Million S
Direct Taxes: 800 Million S
Saving: 1,100 Million S
Imports: 700 Million S
Rent: 400 Million S

YEAR 2:
Consumption: 2,500 Million S
Indirect Taxes: 4,000 Million S
Investment: 500 Million S
Depreciation: 2,000 Million S
Interest: 3,000 Million S
Proprietor's Income: 200 Million S
Consumption: 1,500 Million S
Depreciation: 330 Million S
Investment: 700 Million S
Indirect Taxes: 6 Million S
Savings: 1,000 Million S
Imports: 10,000 Million S
Rent: 100 Million S
Exports: 0 Million S

2. Calculate all the missing figures and use the results to analyze the unemployment rates and its relationship with population and employment conditions. Also, identify if there are any discouraged workers effects among the four years.

Country: Peace Land
Year 1: 
Population: 20,000
Unemployed: 7,500
Employed: 11,000

Year 2:
Population: 22,000
Unemployed: 9,000
Employed: 12,000

Year 3:
Population: 21,000
Unemployed: 7,000
Employed: 10,000

Year 4:
Population: 25,000
Unemployed: 8,000
Employed: 14,000

Missing figures:
Year 1:
Labor Force: ?
Not in Labor Force: ?

Year 2:
Labor Force: ?
Not in Labor Force: ?

Year 3:
Labor Force: ?
Not in Labor Force: ?

Year 4:
Labor Force: ?
Not in Labor Force: ?

Unemployment Rate: ?
Labor Force Participation Rate: ?

assignment questions l calculate the gdp by using both formulasexpenditure approach and income approachalso calculate the real gdp if cp1 for year 1 is 120 and cpi for year2 is 150 year1 con 22565

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