Homework Answers
Gross value added=domestic sales - single use producer goods.
=200-120
=$80
Gross value added at market price include depreciation. For calculating Net value added we substract depreciation from the gross value.
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I need explanation
Find gross value added at market price Amount Items (in lakhs) 20 Depreciation...
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods...
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods and services produced by factors of production owned by citizens of a nation B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders D) the total market value of all final goods and services produced by factors of production located within a nation's...
I need explanation Construct index numbers of price of the items in the year 2010 from...
I need explanation
Construct index numbers of price of the items in the year 2010 from the following data by Laspeyre's Method Items 2001 2010 (Base Year) (Current Year) Q P Q P A 4 2 7 14 4 10 10 12 20 12 14 E 10 20 7
I need a step by step solution of the following problem; (Figure 7-2: Expanded Circular-Flow Model) Government purchase...
I need a step by step solution of the following problem;
(Figure 7-2: Expanded Circular-Flow Model) Government purchases of goods and services = $200 Government borrowing = $70 Government $150 = Taxes Government transfers = $20 Private savings = $170 Consumer spending = $700 Households Wages, profit, interest, rent = $1,000 Markets for goods and services Factor markets Financial markets Gross domestic product Wages, profit, interest, rent - $1,000 Borrowing and stock issues by firms = $120 Firms Investment spending...
I know the answers to these but I need an explanation. Please draw on the graph....
I know the answers to these but I need an explanation. Please
draw on the graph. For 31,32 and 33
Figure CPS. The US Textile Market Suppose D is market demand and S is the market supply curve of domestic producers. After imports are allowed, foreign producers shift the market supply to S' P 25 20 15 10 5 60 Q 10 20 30 40 50 See Figure CPS. Before the foreign producers enter the producer surplus of domestic producers...
Amount -12 69 20 34 Item Change in Private Inventories (CI) Compensation of Employees--Wages (W) Consumption...
Amount -12 69 20 34 Item Change in Private Inventories (CI) Compensation of Employees--Wages (W) Consumption of Fixed Capital--Depreciation (DEPR) Government Consumption Expenditures and Gross Investment (G) Gross Private Domestic Fixed Investment (FI) Interest (INT) Net Exports (XN) Net Foreign Factor Income (NFFI) Personal Consumption Expenditures (C) Profits (PROF) Proprietors’ Income (PRIN) Purchases of Stocks and Bonds (SB) Rents (RENT) Statistical Discrepancy (SD) Stock of Capital at End of Year (SK) Taxes on Production and Income (TAX) 100 700 6...
I really need help with the various parts of this one question. Consider the Panamanian market...
I really need help with the various parts of this one
question.
Consider the Panamanian market for tangerines The following graph shows the domestic demand and domestic supply curves for tangerines in Panama. Suppose Panama's government currently does not allow the international trade of tangerines. Using the black point (X symbol), indicate the equillbrium price of a ton of tangerines and the equilibrium quantity of tangerlines in Panama in the absence of international trade. Dashed drop lines will automatically extend...
I need help with the incorrect answers. I also need to know the amount for incorrect...
I need help with the incorrect
answers. I also need to know the amount for incorrect depreciation
part.
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production 100,000 Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour $3.ee $650,0e0 Required 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job 400 was...
Year Period 1 2. Current Widget Price $0.75 1.35 Base Widget Price $0.75 0.75 0.75 0.75...
Year Period 1 2. Current Widget Price $0.75 1.35 Base Widget Price $0.75 0.75 0.75 0.75 1.60 2.10 According to the above table, in Year 3, the price index for widgets is 180. 46.9. 213.3. 100. Component Currency Coins Transaction Deposits Saving Deposits Travelers' Checks Small Denomination Time Deposits Money Market Mutual Fund Shares Ovemight Eurodollars Available Credit on Credit Cards Amount (Billions of dollars) $600 35 570 450 8 2,144 1,430 16 1,000 According to the above table, the...
QUESTION 3 On October 1, Darin Company sold merchandise in the amount of $6,500 to Schnee...
QUESTION 3 On October 1, Darin Company sold merchandise in the amount of $6,500 to Schnee Company, terms 2/10, n/30. The items cost Darin $4,200 and the company uses the perpetual inventory method. On October 4, Schnee returns some of the merchandise. This merchandise had a selling price of $500 and a cost of $200. On October 8, Schnee Company paid Darin Company the correct amount due. 3. What is the journal entry that Darin makes on October 1 to...
Not sure what graph to use to find this. Thank you for help. FRED -Gross Domestic...
Not
sure what graph to use to find this. Thank you for help.
FRED -Gross Domestic Product: Implicit Price Deflator 120 Index 2012=100 1975 1980 1985 1990 1995 2000 2005 2010 2015 Shaded areas indicate U.S. recessions Source: U.S. Bureau of Economic Analysis fred.stlouisfed.org FRED - Gross Domestic Product: Implicit Price Deflator (left) - Gross Domestic Product: Implicit Price Deflator (right) Index 2012=100 Percent Change from Year Ago 20 1980 2000 2010 Shaded areas indicate U.S. recessions Source: U.S. Bureau...
I 1) Gross Domestic Product (GDP) is A) the total wholesale value of all final goods and services produced by factors of production owned by citizens of a nation B) the total market value of all services produced by factors of production located within a nation's borders. C) the total market value of all goods produced within a nation's borders D) the total market value of all final goods and services produced by factors of production located within a nation's...
I need explanation
Construct index numbers of price of the items in the year 2010 from the following data by Laspeyre's Method Items 2001 2010 (Base Year) (Current Year) Q P Q P A 4 2 7 14 4 10 10 12 20 12 14 E 10 20 7
I need a step by step solution of the following problem;
(Figure 7-2: Expanded Circular-Flow Model) Government purchases of goods and services = $200 Government borrowing = $70 Government $150 = Taxes Government transfers = $20 Private savings = $170 Consumer spending = $700 Households Wages, profit, interest, rent = $1,000 Markets for goods and services Factor markets Financial markets Gross domestic product Wages, profit, interest, rent - $1,000 Borrowing and stock issues by firms = $120 Firms Investment spending...
I know the answers to these but I need an explanation. Please
draw on the graph. For 31,32 and 33
Figure CPS. The US Textile Market Suppose D is market demand and S is the market supply curve of domestic producers. After imports are allowed, foreign producers shift the market supply to S' P 25 20 15 10 5 60 Q 10 20 30 40 50 See Figure CPS. Before the foreign producers enter the producer surplus of domestic producers...
Amount -12 69 20 34 Item Change in Private Inventories (CI) Compensation of Employees--Wages (W) Consumption of Fixed Capital--Depreciation (DEPR) Government Consumption Expenditures and Gross Investment (G) Gross Private Domestic Fixed Investment (FI) Interest (INT) Net Exports (XN) Net Foreign Factor Income (NFFI) Personal Consumption Expenditures (C) Profits (PROF) Proprietors’ Income (PRIN) Purchases of Stocks and Bonds (SB) Rents (RENT) Statistical Discrepancy (SD) Stock of Capital at End of Year (SK) Taxes on Production and Income (TAX) 100 700 6...
I really need help with the various parts of this one
question.
Consider the Panamanian market for tangerines The following graph shows the domestic demand and domestic supply curves for tangerines in Panama. Suppose Panama's government currently does not allow the international trade of tangerines. Using the black point (X symbol), indicate the equillbrium price of a ton of tangerines and the equilibrium quantity of tangerlines in Panama in the absence of international trade. Dashed drop lines will automatically extend...
I need help with the incorrect
answers. I also need to know the amount for incorrect depreciation
part.
Moody Corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. At the beginning of the year, the company made the following estimates: Machine-hours required to support estimated production 100,000 Fixed manufacturing overhead cost Variable manufacturing overhead cost per machine-hour $3.ee $650,0e0 Required 1. Compute the plantwide predetermined overhead rate. 2. During the year, Job 400 was...
Year Period 1 2. Current Widget Price $0.75 1.35 Base Widget Price $0.75 0.75 0.75 0.75 1.60 2.10 According to the above table, in Year 3, the price index for widgets is 180. 46.9. 213.3. 100. Component Currency Coins Transaction Deposits Saving Deposits Travelers' Checks Small Denomination Time Deposits Money Market Mutual Fund Shares Ovemight Eurodollars Available Credit on Credit Cards Amount (Billions of dollars) $600 35 570 450 8 2,144 1,430 16 1,000 According to the above table, the...
QUESTION 3 On October 1, Darin Company sold merchandise in the amount of $6,500 to Schnee Company, terms 2/10, n/30. The items cost Darin $4,200 and the company uses the perpetual inventory method. On October 4, Schnee returns some of the merchandise. This merchandise had a selling price of $500 and a cost of $200. On October 8, Schnee Company paid Darin Company the correct amount due. 3. What is the journal entry that Darin makes on October 1 to...
Not
sure what graph to use to find this. Thank you for help.
FRED -Gross Domestic Product: Implicit Price Deflator 120 Index 2012=100 1975 1980 1985 1990 1995 2000 2005 2010 2015 Shaded areas indicate U.S. recessions Source: U.S. Bureau of Economic Analysis fred.stlouisfed.org FRED - Gross Domestic Product: Implicit Price Deflator (left) - Gross Domestic Product: Implicit Price Deflator (right) Index 2012=100 Percent Change from Year Ago 20 1980 2000 2010 Shaded areas indicate U.S. recessions Source: U.S. Bureau...
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