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Individual Assignment Macro Weekend

This document outlines an individual assignment for a Macroeconomics course, detailing the requirements and submission date. It includes tasks related to calculating the total cost of a market basket and GDP for a hypothetical country. The assignment emphasizes originality and proper formatting.

Uploaded by

TOLESA ALEMAYO
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7 views1 page

Individual Assignment Macro Weekend

This document outlines an individual assignment for a Macroeconomics course, detailing the requirements and submission date. It includes tasks related to calculating the total cost of a market basket and GDP for a hypothetical country. The assignment emphasizes originality and proper formatting.

Uploaded by

TOLESA ALEMAYO
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Department: - MANAGEMENT

Macroeconomics Individual Assignment

Academic year 2025 Program: - weekend

General Directions:
-Neat and goods steps will have its value!
-Any kind of copy paste or attempt to copy paste or allowing others to copy paste has no
excuse!
-Maximum load=10%
-Submission Date: 10/05/2025 G. C OR 02/09/2017 E.C
1) The market basket for the year 2021 reflects the price change in the products and service
with respect to that for the base year 2012. The details as follows:
Item Quantity Price in base year(2012) Price in current year (2021)
Maize 100 $ 15 $20
Corn 50 $17 $21
Bread 50 $10 $10
Wheat 150 $7 $12
Clothes 25 $19 $24
A) Calculate Total cost of market basket in current year.
B) Calculate Total cost of market basket in base year.
C) Calculate consumer price index (CPI).
2) The expenditure in the economy of country X are presented in the following table below
Expenditure Category Amount in $ billion

Personal consumption(C) 15,000

Gross Domestic private investment(Ig) 5,000

Government spending on Goods and Services (G) 10,000

Net exports(Xn) 2,500


A) What is the GDP of country X?

With Best of Wish

Megersa B.(MSc)

Set By: Megersa B. (MSc)

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