GDP calculation

 

Suppose a small nation produces two goods, coffee and pizza.

In 2019, the nation produced 1000 coffees that were sold for $4 each, and produced 500 pizzas that were sold for $8 each.

In 2020, the nation produced 1200 coffees that were sold for $5 each, and produced 600 pizzas that were sold for $10 each.

Answer the following questions based on this information related to the nation’s gross domestic product or GDP.

a. Calculate nominal GDP in 2019 and nominal GDP in 2020 for this nation.

b. Assuming 2019 as base year, calculate real GDP in 2019 and real GDP in 2020 for this nation.

c. Calculate GDP deflator in 2019 and GDP deflator in 2020.

d. Calculate the inflation rate from 2019 to 2020.

 

 

Sample Solution

 

 

 

 

Larkins Poems
Choose three poems and analyze the validity of Larkin statue. Lajin’s poetry is a relic of an excellent language, usually colloquial, and brings many ideas to people when reading. We think for these images for the words they use, the plans to follow standard rhyme, and the perception of an interesting life he will convey through poetry. In this article, we examine the three poems “Whitsun Weddings”, “High Windows”, and “Sunny Prestatyn” and demonstrate the effect of the Larkin image.

The theme of Philip Larkin’s poem “Church Going” is erosion of religious buildings. Razin is considered mainly as an atheist but as he lives in a society, mostly Christian, this poem may be the way he tries to understand religious charm. The narrator seems to be also an atheist, but he goes to church and is walking around, but he is not satisfied. He does not understand the charm of the church and religion, and he wonders when they become obsolete.

Lajin’s poetry is a relic of an excellent language, usually colloquial, and brings many ideas to people when reading. We think for these images for the words they use, the plans to follow standard rhyme, and the perception of an interesting life he will convey through poetry. In this article, we examine the three poems “Whitsun Weddings”, “High Windows”, and “Sunny Prestatyn” and demonstrate the effect of the Larkin image. Rain does not fall on a parabola. Larkin hopes that the image we are imagining is a “shower” of the arrow and it will be hidden somewhere in the future. He uses a metaphor (arrow) to spread the image of life from now to the future. This picture is for growth and breeding.

a) How does this verse reflect the intergenerational disparity? In your opinion, what is the attitude of the poet to the young generation? b) What is the influence of Lajin ‘s gift in this poem (it is not interrupted from the festival to the festival). c) What is the impact of Larkin’s spoken words in this verse? d) What do you mean by “high window” in your opinion? A poet and a novelist. His early poem appeared in “Oxford Poems of War” (1944), and Northern Ship (1945) who was strongly influenced by Yeats. He also published “Which was less (1955)” and “Whitsun Weddings (1964).” Many of the poems of High Windows (1974) show concerns about death and short lives. In his work, adapting the modern rhythm and vocabulary to the elegance of the discreet rhythm is very unique.’

 

 

 

 

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