Mathematics, 28.09.2019 16:30 vliu732

Macroeconomics calculation

find government spending with the follow information:
gdp = $123 million
consumer spending = $72 million
financial investment spending = $12 million
investment spending = $25 million
net exports = $5 million

so i know the formula is:
c + ig + g + (x - m) = gdp
i believe im finding g
i think it goes something like this:
72,000,000 + 25,000,000 + g + (5,000,000)
im not sure though and i need some more with the rest.
i have a few more questions like this so if anyone can explain this one too me, i can do the rest on my own

Answers: 1

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Answers

So if the equation you showed is a given, then you are on the right track. I'm trying to figure out where financial investment spending is in the equation, though?
I found this: The following equation is used to calculate the GDP: GDP = C + I + G + (X – M) or GDP = private consumption + gross investment + government investment + government spending + (exports – imports). ... It transforms the money-value measure, nominal GDP, into an index for quantity of total output.

72,000,000+12,000,000+25,000,000+ G + 5,000,000 = 123,000,000
It's easier to solve it without the zeros:
G=123 - 72- 12 - 25 - 5
G= 9 or 9,000,000 is government spending

Remember that (X-M) is NET EXPORTS. They will either give you exports and imports so that you have to subtract, or net exports that you can just plug in. Make sense?

Answer from: Quest

(2 x^3 + 7 x^2 + 5 x + 2)/(x (x + 2))

step-by-step explanation:

simplify the following:

x/x^2 + 3 x + 2 - (x (x + 1))/(x + 2)

combine powers. x/x^2 = x^(1 - 2):

x^(1 - 2) + 3 x + 2 - (x (x + 1))/(x + 2)

1 - 2 = -1:

x^(-1) + 3 x + 2 - (x (x + 1))/(x + 2)

put each term in 1/x + 3 x + 2 - (x (x + 1))/(x + 2) over the common denominator x (x + 2): 1/x + 3 x + 2 - (x (x + 1))/(x + 2) = (x + 2)/(x (x + 2)) + (3 x^2 (x + 2))/(x (x + 2)) + (2 x (x + 2))/(x (x + 2)) - (x^2 (x + 1))/(x (x + 2)):

(x + 2)/(x (x + 2)) + (3 x^2 (x + 2))/(x (x + 2)) + (2 x (x + 2))/(x (x + 2)) - (x^2 (x + 1))/(x (x + 2))

(x + 2)/(x (x + 2)) + (3 x^2 (x + 2))/(x (x + 2)) + (2 x (x + 2))/(x (x + 2)) - (x^2 (x + 1))/(x (x + 2)) = ((x + 2) + 3 x^2 (x + 2) + 2 x (x + 2) - x^2 (x + 1))/(x (x + 2)):

(2 + x + 3 x^2 (x + 2) + 2 x (x + 2) - x^2 (x + 1))/(x (x + 2))

3 x^2 (x + 2) = 3 x^3 + 6 x^2:

(2 + x + 3 x^3 + 6 x^2 + 2 x (x + 2) - x^2 (x + 1))/(x (x + 2))

2 x (x + 2) = 2 x^2 + 4 x:

(2 + x + 6 x^2 + 3 x^3 + 2 x^2 + 4 x - x^2 (x + 1))/(x (x + 2))

-x^2 (x + 1) = -x^2 - x^3:

(-x^2 - x^3 + 3 x^3 + 6 x^2 + 2 x^2 + 4 x + x + 2)/(x (x + 2))

grouping like terms, 3 x^3 - x^3 + 6 x^2 + 2 x^2 - x^2 + 4 x + x + 2 = (3 x^3 - x^3) + (6 x^2 + 2 x^2 - x^2) + (x + 4 x) + 2:

((3 x^3 - x^3) + (6 x^2 + 2 x^2 - x^2) + (x + 4 x) + 2)/(x (x + 2))

3 x^3 - x^3 = 2 x^3:

(2 x^3 + (6 x^2 + 2 x^2 - x^2) + (x + 4 x) + 2)/(x (x + 2))

6 x^2 + 2 x^2 - x^2 = 7 x^2:

(2 x^3 + 7 x^2 + (x + 4 x) + 2)/(x (x + 2))

x + 4 x = 5 x:

answer: (2 x^3 + 7 x^2 + 5 x + 2)/(x (x + 2))

Answer from: Quest

$a) y = a b x - c b$ answer:

step-by-step explanation:

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