Consider the information about the economy of Pakistan. Note that the currency of Pakistan is the rupee. The government purchases: 3.00 trillions of rupees. Individuals consume: 11.30 trillions of rupees. Individuals save: 5.14 trillions of rupees. Businesses invest: 1.30 trillions of rupees. Foreigners spend: 0.69 trillions of rupees to purchase Pakistani firms. Pakistan imports: 1.92 trillions of rupees. Pakistan exports: 1.31 trillions of rupees. Calculate Pakistan's GDP. Assume that the values are all current and no conversions need to be made. Give your answer in terms of trillions of rupees, and round to two decimals.

Consider the information about the economy of Pakistan. Note that the currency of Pakistan is the rupee. The government purchases: 3.00 trillions of rupees. Individuals consume: 11.30 trillions of rupees. Individuals save: 5.14 trillions of rupees. Businesses invest: 1.30 trillions of rupees. Foreigners spend: 0.69 trillions of rupees to purchase Pakistani firms. Pakistan imports: 1.92 trillions of rupees. Pakistan exports: 1.31 trillions of rupees. Calculate Pakistan's GDP. Assume that the values are all current and no conversions need to be made. Give your answer in terms of trillions of rupees, and round to two decimals.

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter27: Multinational Financial Management

Section: Chapter Questions

Problem 5Q: If the United States imports more goods from abroad than it exports, then foreigners will tend to...

See similar textbooks

Similar questions

The PPP based GDP of Japan is 4.5 trillion dollars and the market exchange based GDP is $5 trillion. The PPP based exchange rate is 125 yen per dollar. What is the market exchange rate? a. 121.52 yen per dollar b. 108.5 yen per dollar c. 102.7 yen per dollar d. 112.5 yen per dollar
A bundle of goods in Japan costs ¥2,642,000 while the same goods and services cost $32,500 in the United States. a. If purchasing power parity holds, what is the current exchange rate of U.S. dollars for yen? b. If, over the next year, inflation is 8 percent in Japan and 10 percent in the United States, what will the goods cost next year? c. Will the dollar depreciate or appreciate relative to the yen over this time period?
Suppose British pound = $1.60, Canadian dollar = $0.74, explain indirect rate, how many pounds must a British company pay to purchase goods costing $8,000 from a U.S. company?
Suppose a U.S. firm purchases some Chinese handicrafts. The china costs 1,000 Chinese yuan. At the exchange rate of $1.00 = 6.2 yuan, the dollar price of the goods is:
A country in Southeast Asia states it's gross domestic product in terms of yen. Last year it's GDP was 50 billion yen when one U.S. dollar could be exchanged into 120 yen. Required : a. Determine the country's GDP in terms of U.S. dollars for last year.
The Japanese yen increases in value relative to the dollar, moving from 120 yento 110 yen to each U.S. dollar. From the perspective of a U.S. firm that produces in the UnitedStates and exports its product to sell in Japan:a. This is bad news.b. It doesn’t matter.c. This is good news
Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. $ Poland zloty 0.2686 3.723 Jordan dinar 1.4104 0.709 Bahrain dinar 2.6525 0.377 New Zealand dollar 0.6414 1.5591 Australia dollar 0.7002 1.4282 If you have $4, how many Poland zlotys can you get? How much is one Poland zloty worth? If you have 4 million Poland zlotys, how many dollars do you have? How many Jordan dinars can you get for a Poland zloty? What is the rate of the most valuable currency listed? What is the rate of the least valuable currency listed?
Use the following table to answer the question below for an economy that has a government and trades with other countries. All numbers are in billions. Level of Output Consumption Investment Government Net Exports Purchases $240 $244 $4 $6 $2 $260 $260 $4 $6 $2 $280 $276 $4 $6 $2 $300 $292 $4 $6 $2 $320 $308 $4 $6 $2 $340 $324 $4 $6 $2 $360 $340 $4 $6 $2 $380 $356 $4 $6 $2 $400 $372 $4 $6 $2 The equilibrium level of GDP (output) will be: O a) $360 b) $320 c) $260 d) $280
Assume that today 1 Canadian dollar is worth 0.75 U.S. dollar. How many Canadiandollars would you receive for 1 U.S. dollar?
Table 2 shows the elements of national income accounts of a country. The economy is in equilibrium. Accounts Consumption (total) Investment Government Expenditures Imports Exports £bn 80 12 8 10 16 A) What is the current equilibrium value of national income? B) What are the levels of injections and withdrawls? C) Assume that the national income rises to £108 bn and the consumption of the domestically produced goods rises to £72 bn. What is the marginal propensity to consume (use 2 decimal places)? D) What is the multiplier for this economy? E) Comment on the results in part c) ad d).
Bank of America is willing to buy or sell Canadian dollar for $.99. The bank is willing to buy or sell Nepalese rupee at an exchange rate of 97 rupee per dollar. The bank is willing to purchase Canadian dollar at an exchange rate of 1 rupee = .0104 Canadian dollars. Show how you can make a profit from triangular arbitrage. What would be your profit or loss if you had $16,000? What %?
Suppose you work at the FOREX desk of a multinational bank. No particular country is the home country for you as your responsibility is to conduct foreign exchange trade in whichever way is profitable for the bank. Using this as your guideline, consider the following data: S0 = ¥92/US$ S180 = ¥92/US$ IUS = 2% per annum IJapan = 0.09% per annum With a starting amount of US$10 million or its Yen equivalent, can you make a UIA profit? What if a CIA was conducted at F180 of ¥90/US$? What are your observations?