Question : The government component of GDP includes government expenditures on Student Answer: goods, services, and taxes. Gross Domestic Product (GDP) can be measured by taking into account […] This red...A: Answer - Dear student thank you for submitting your question .Since we answer only one of the multip...Q: The Wall Street Journal’s website, www.wsj.com, reported the number of cars and light-duty trucks so...A: Difference in sales can be calculated by using the following formula:Q: If the required reserve ratio is 5%, an initial demand deposit made in a bank of $100,000 can result...A: The correct alternative for the aforementioned question is B.Find answers to questions asked by student like you
Is the $1 million increase in inventory counted as part of the 2007 gross domestic product?Yes, because these inventories are part of the output of the economy in 2007.When economists speak of changes in GDP measured in constant dollars, they mean thata price index has been used to adjust money GDP for the effects of inflation.Suppose a country had net exports of $8.3 billion and sold $52.4 billion of goods and services abroad.
Thus, the answer is B. chrome-extension:/...A: Profit maximization:Profit maximization point will occur at where the marginal revenue and marginal ...Q: What were the driving forces behind nickelodeon, movie palaces and multiplexes? are not included in GDP. The two basic markets in … Where is the value she adds to production in Germany included?If you wanted to compare the quantity of output of a country across time periods, which of the following would you use?If inventory investment during a year was negative $6 billion, producers must havesold $6 billion more goods and services during the year than they producedthe goods and services that are typically bought by consumers as determined by government surveysWhich one of the following transactions would be included in GDP?Ms.
Which of the following expenditures are not included in the consumption component of GDP? The price … (Consumption spending by households) —This component measures the money value of consumer goods and services which are purchased by households and non-profit institutions for current use during a period of account. Private Consumption Expenditure (C) 2. household purchases of food sold in the US but produced abroad2. The largest expenditure component of GDP is: A. Which of the following is not included in the consumption component of GDP? College Macroeconomics: Homework Help Resource But the purchase of home is included in the component of investment. This subtraction is made because imports of goods and services are included in other components of GDP.
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When Toyota produces cars in the United States this does count in GDP even though Toyota is not an American company.3. This country would have$7.2 billion of exports and $4.8 billion of imports.Anna, a U.S. citizen, works only in Germany. Leadership Study Guide Our experts can answer your tough homework and study questions.© copyright 2003-2020 Study.com. Introduction to Management: Help and Review only goods.
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