MGEA06H3 Lecture Notes - Net National Product, United States Dollar, Consumption Function

2
MGEA06H3 Full Course Notes
Verified Note
2 documents
Document Summary
B) : , , , , , , . E) : ,500, ,000, ,000, ,000, ,000, , ,000 h) ,000. Question 1: a good estimate of canada=s gdp per capita (per person) in 2006 (measured in current dollars) is, , ,000. Ecma06 midterm winter 2011 question 9 10. Question 9 question 10: consider 3 firms, alpha, beta and omega. It sold and worth of fertilizer to alpha and beta respectively as intermediate inputs and the remaining to consumers. Alpha produces worth of soil ( sold to consumers and the remaining to beta). Beta uses the soil brought from alpha and the fertilizer brought from omega to produce worth of flowers, and it sold all the flowers to consumers. What is the value of final product: , . The value of output contributed by beta is: , , , j) , , , , .