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The following data are estimates describing Irelands economy in 2006 1) It is estimated that in 2007, Mexico had a population of 110 million and Brazil had a population of 190 million. At the same time, Mexicos GDP was $1 trillion while Brazils was $1.31 trillion. These data show that A) Brazil had a healthier economy than did Mexico. B) Mexicos GDP per person was lower than was Brazilʹs GDP per person in 2007. C) Mexicos GDP per person was $9090 in 2007. D) Brazils GDP per person was $5300 in 2007. 2) It is estimated that in 2007, Mexico had a population of 110 million and GDP of $1 trillion. In 2006, Mexicoʹs population was 104 million and GDP was $839 billion. Per GDP person ________ by ________ between 2006 and 2007 in Mexico. A) increased; $1038 B) increased; 5 percent C) decreased; $2013 D) decreased; 5 percent 3) The following data describe Mexicoʹs economy in 2007. Government spending $210 billion Investment $210 billion Exports $272 billion Imports $283 billion GDP 1 trillion Population 110 million From the data, we can conclude that ________ in Mexico in 2007. A) Consumption totaled $591 billion B) Net exports totaled -$11 billion. C) GDP per person equalled $2000 D) Imports were the largest component of GDP 4) The following data describe Franceʹs economy in 2008. Consumption 234 billion euros Government expenditure 93 billion euros Investment 88 billion euros Exports 128 billion euros Imports 137 billion euros From the data, we can conclude that in France A) net exports totaled -11 billion euros. B) GDP equaled 424 billion euros. C) GDP equaled 680 billion euros. D) Net exports totaled 265 billion euros. 5) The following data are estimates describing Irelands economy in 2006 and 2007 (in millions of euros, in constant prices): 2006 2007 Consumption 84,000 89,000 Government expenditure 24,000 26,000 Investment 48,000 48,000 Exports 142,000 151,000 Imports 123,000 128,000 Subsidies 1,800 1,900 Taxes 500 500 Irelands real GDP in 2007 was ________ million euros. A) 442,000 B) 186,000 C) 188,400 D) 163,000 Economics Assignment Help, Economics Homework help, Economics Study Help, Economics Course Help
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The following data are estimates describing Irelands economy in 2006
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