Question

Select a foreign country – what is the component (C,I,G.NX) percentage breakdown for that country? Which...

Select a foreign country – what is the component (C,I,G.NX) percentage breakdown for that country? Which do you think is the best GDP component for future growth in your country and why?

Homework Answers

Answer #1

Country of choice - India Comparing with USA

C = 71% C = 70%
I = 27% I = 18%
G = 10% G = 17%
NX = - 8 % NX = - 5 % [All percentages are as of 2019]

When, we deal with the GDP growth rate, US had an annual GDP growth rate of 2.3% , while India had an annual GDP growth rate of India in 2019 was 4.2%.
Annual Consumption and Net Exports as a % of GDP has been quite stable in India, and almost similar figures can be seen for USA.
The potential for future growth for India is the Government Spending(G) mainly because, the Investments(I) has stalled due to weak consumer demand. The non government part of the GDP(C+I+NX) has not been a great contributer to GDP growth over the recent years and Government Spending(G) has somewhat stabilized the growth rate, hence there is a scope about increasing G to improve India's GDP growth rate.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Which of the following is not true? Select one: a. Higher foreign aid may boost domestic...
Which of the following is not true? Select one: a. Higher foreign aid may boost domestic investment in a poor country only if a higher foreign aid does not lead to lower public savings. b. Y = C + I + G - F So if foreign aid (F) rises, GDP (Y) falls. c. S + T + M = I + G + X d. F = C + I + G - Y
2. Which of the following is  not a component of gross domestic product? Select one: a. purchases...
2. Which of the following is  not a component of gross domestic product? Select one: a. purchases by consumers of finished goods b. net exports c. purchases by consumers of used goods d. government purchases 5. Double counting can be avoided by Select one: a. including the value of intermediate goods in the GNP but not in the GDP. b. including the value of intermediate goods in the production year but not in the selling year of those goods. c. not...
Which foreign country would be the most challenging for you to work in, and why? Which...
Which foreign country would be the most challenging for you to work in, and why? Which foreign country would be the most exciting for you to work in, and why?
The following questions are about production and growth. Country Current Real GDP per capita Current Growth...
The following questions are about production and growth. Country Current Real GDP per capita Current Growth Rate A $15,468 1.98% B $13,690 2.03% C $6,343 3.12% D $1,098 0.61% Which country is the richest? How do you know? Which country is advancing most quickly? How do you know? If a country increases capital investment, what does it do to their growth rate? Why do we use GDP per capita instead of GDP itself to determine standard of living in a...
If you were president and wanted to gather support for a new foreign policy initiative, which...
If you were president and wanted to gather support for a new foreign policy initiative, which three foreign policy actors would you approach and why? What do you think is the most advantageous school of thought for the U.S. to follow in foreign policy in the future? Why?
One function of the foreign exchange market is to convert the currency of one country into...
One function of the foreign exchange market is to convert the currency of one country into the currency of another. A second function of the foreign exchange market is to provide insurance against foreign exchange risk. The most common approach to exchange rate forecasting is fundamental analysis. This relies on variables such as money supply growth, inflation rates, nominal interest rates, and balance-of-payment positions to predict future changes in exchange rates. Identify a country outside of the U.S. and its...
What is the difference between income and wealth of a country? Is GDP a measure of...
What is the difference between income and wealth of a country? Is GDP a measure of income or wealth or both or neither?    Do you think we should care about measuring the wealth of a country? Why or why not?
The most recent government shutdown and possible future shutdowns affect which component(s) of the GDP function?...
The most recent government shutdown and possible future shutdowns affect which component(s) of the GDP function? The most recent tarriff trade war between the U.S. and China affects which components(s) of the GDP function? What's your overal sentiment on the U.S. economy's growth? We're doing pretty good as an economy relative to other years in your life? Things are not as good at the moment? Elaborate on your thoughts and explain how you came to that determination. There are no...
From the Bureau of Economic Analysis Web page (www.bea.gov), construct a table showing the annual percentage...
From the Bureau of Economic Analysis Web page (www.bea.gov), construct a table showing the annual percentage change in real GDP, gross private domestic investment (I), nonresidential fixed investment, and residential fixed investment from 2002 to 2011. Which component of investment do you think had the greatest impact on the recession of 2007 to 2009?
Which component of GDP, (C, I, G, X, M) is influenced by each of the following...
Which component of GDP, (C, I, G, X, M) is influenced by each of the following and which direction aggregate demand will shift? An decrease in the personal income tax rate An increase in the corporate tax rate An increase in government spending A decrease in government spending Calculate increases in real GDP in each of the following scenarios Government spending increases by $200,000 and the MPC is .75 Consumption spending increases by $700,000 and the MPS is .3 Investment...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT