Options:
1)cost of producing/wholesale cost of/market value of
2)final goods and services produced/final goods and services consumed/final and intermediate goods and services produced
3)by Canadian citizens/by resources within Canada/by Canadian-owned companies
Blanks-
1) market value of
2) final goods and services produced
3) by resources within the United States
Scenarios:-
a) Excluded
b) Excluded
c) Included
d) Excluded
e) Included
Options: 1)cost of producing/wholesale cost of/market value of 2)final goods and services produced/final goods and services...
The gross domestic product (GDP) of the United States is defined as the market value of all final goods and services produced within the United States in a given period of time. Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2015. Scenario 2015 GDP Included Excluded Chocolate Express, a Swiss chocolate company, produces a chocolate bar at a plant in Illinois on December...
1) Defined as the following options: Wholesale cost of, Market Value of, or cost of producing 2) All: Final goods and services consumed, final goods and services produced, or final and intermediate goods and services produced 3) Within the United States, By U.S. Owned companies, or by U.S. Citizens 2. Activities included (and not included) in the calcu lation of GDP all The gross domestic product (GDP) of the United States is defined as the in a given period of...
The gross domestic product (GDP) of the United States is defined as the market value of all final goods and services produced within the United States in a given period of time. Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2018. Scenario 2018 GDP Included Excluded Chocolate Express, a Swiss chocolate company, produces a chocolate bar at a plant in Illinois on December...
2. Activities included (and not included) in the calculation of GDP The gross domestic product (GDP) of the United States is defined as the all in a given period of time. Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2018. 2018 GDP Included Excluded Scenario Athleticus, a U.S. shoe company, produces a pair of sneakers at a plant in Vietnam on March 27,...
Activities included (and not included) in the calculation ofGDP The gross domestic product (GDP) of the United States is defined as the all in a given period of time. Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2017. Scenario 2017 GDP Included Excluded An accountant starts a client's 2017 tax return on April 14, 2018, finishing it just before midnight on April...
Please explain and fill in. thank you:) 1. Activities included (and not included) in the calculation of GDP The gross domestic product (GDP) of the United States is defined as the market value of ▼ all final goods and services produced re United Statesin a given period of time market value of wholesale cost of Based on this definition, indicate which of the following transactions will s, directly increase) the GDP of the United States in 2017 cost of producing...
2. Activities included (and not included) in the calculation of GDP The gross domestic product (GDP) of the United States is defined as the in a given period of time. Based on this definition, indicate which of the following transactions will be included in that is, directly increase) the GDP of the United States in 2020. 2020 GDP Included Excluded Scenario Zippycar, a U.S. automobile company produces a convertible at a manufacturing plant in Minneapolis on January 18, 2020. It...
Based on this definition, indicate which of the transactions in the following table will be included in that is, directly increase) the GDP of the United States in 2021. 2021 GDP Included Excluded Transaction You chop down a cherry tree on your property in California and make a dining room table in 2021. This table does not pass through an organized market, but a similar table sells for $800 in a local furniture store. Athleticus, a U.S. shoe company, produces...
Is the value of intermediate goods and services produced during the year included in Gross Domestic Product (GDP)? For example, is aluminum used to produce a new mountain bike included in GDP? (Note that this question does not ask whether aluminum is directly counted in GDP but rather whether the production is included in GDP) O A. No. There is no value added in the production of aluminum. Therefore, production is not included in the value-added method of measuring GDP...
2. Activities included (and not included) in the calculation ofGDP The gross domestic product (GDP) of the United States is defined as the all in a given period of time. Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2020. 2020 GDP Included Excluded Scenario Sofaland, a Swedish furniture company, produces a table at a plant in Virginia on December 5, 2020. It sells...