Question

QUESTION 9 During the year 4000, consumers in Alderaan purchased $100 in personal robots from C3PO, Inc, an Alderaan company
0 0
Add a comment Improve this question Transcribed image text
Answer #1

The answer is "Personal Consumption"

Here consumers of Alderann purchased robots "Durable goods", which is recorded in "Personal consumption" component of GDP by Expenditure side.

Expenditure method - The most widely used method to calculate GDP is expenditure method. This method aims to collect data on expenditure side by adding household spending, government spending, business investent and Net exports.

GDP by Expenditure Method = Household consumption (C) + Gross Business Investment (I)+ Government Spendingv(G) + Net Exports (Export - Import)

Add a comment
Know the answer?
Add Answer to:
QUESTION 9 During the year 4000, consumers in Alderaan purchased $100 in personal robots from C3PO,...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • QUESTION 17 Bob Solo, an Alderaan citizen living in Alderaan, sold his dad's used Starfighter for...

    QUESTION 17 Bob Solo, an Alderaan citizen living in Alderaan, sold his dad's used Starfighter for $600 to his roommate in Aderaan. This impacted the Alderaan GDP components as follows: Of. NO IMPACT ON ANY GDP COMPONENTS IN THE YEAR 4000 c. Government Investment and expenditures (G) O d. Exports 00 b. Gross Private Domestic Investment (1) Oe. Imports (M) a. Personal Consumption (C) QUESTION 18 Spol The Gini index for the country Anchovy is 59. The Gini index for...

  • 3. Calculating GDP from raw economic data The following table shows data on personal consumption expenditures,...

    3. Calculating GDP from raw economic data The following table shows data on personal consumption expenditures, gross private domestic investment, exports, imports, and government consumption expenditures and gross investment for the United States in 2010, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the following table to calculate GDP. Components Personal Consumption Expenditures (CC) $10,417.1 Gross Private Domestic Investment (II) $1,818 Exports (XX) $1,935.3 Imports (MM) $2,435.5...

  • 7. Measuring GDP The following table shows data on personal consumption expenditures, gross private domestic investment,...

    7. Measuring GDP The following table shows data on personal consumption expenditures, gross private domestic investment, exports, imports, and government purchases of goods and services for the United States in 2009, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP by adding together the final demands of consumers, business firms, the government, and foreigners-a method of calculating GDP known as the expenditure approach....

  • Attempts: Keep the Highest 12 3. Calculating GDP from raw economic data The following table shows...

    Attempts: Keep the Highest 12 3. Calculating GDP from raw economic data The following table shows data on personal consumption expenditures, gross private domestic investment, exports, imports, and government consumption expenditures and gross investment for the United States in 2010, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. ♡ Fill in the missing cells in the following table to calculate GDP. Components Personal Consumption Expenditures (C) Gross Private Domestic Investment (I) Exports (X)...

  •                                           &nb

                                                                                                  Normal                Real Items Q3 2018 (billions of dollars) Gross domestic product 20,658.20           153.40 Personal consumption expenditures                              14,050.50                 111.30 Gross private domestic investment                                   3,710.70             119.40 Net exports of goods and services                                  -653.50           -108.70 Government consumption expenditures and gross investment 3,550.50    20.20 1. b) Calculate the percentage (the proportion) of each category in nominal GDP and in real GDP. Using Nominal GDP: [Personal consumption expenditures / Nominal GDP]*100% [Gross private domestic investment / Nominal GDP]*100% [Net exports of goods and services /...

  • To derive GDP using the expenditure approach, which of the following components are added togehter? A....

    To derive GDP using the expenditure approach, which of the following components are added togehter? A. consumption expenditures, gross private domestic investment, and government expenditures B. consumption expenditures, gross private domestic investment, government expenditures, and net exports C. consumption expenditures, government expenditures, and net exports D. consumption expenditures, gross private domestic investment, and net exports

  • MUST BE 2017 Data exercise #1 Part 1: Expenditures Approach to Calculating GDP (weight 25% of...

    MUST BE 2017 Data exercise #1 Part 1: Expenditures Approach to Calculating GDP (weight 25% of the assignment grade) Complete the following exercise Visit the Bureau of Economic Analysis website at www.bea.gov. From the drop-down menu under “Data”, click on “by Economics Account”. Then click on “National”, “Gross Domestic Product, and “Full Release and Tables”. Use table 3 (Gross Domestic Product: Level and Change from Preceding Period). The left columns are nominal GDP (and its components) and the right half...

  • Part 1: Expenditures Approach to Calculating GDP (weight 25% of the assignment grade) Complete the following...

    Part 1: Expenditures Approach to Calculating GDP (weight 25% of the assignment grade) Complete the following exercise. Visit the Bureau of Economic Analysis website at www.bea.gov. From the drop-down menu under “Data”, click on “by Economics Account”. Then click on “National”, “Gross Domestic Product, and “Full Release and Tables”. Use table 3 (Gross Domestic Product: Level and Change from Preceding Period). The left columns are nominal GDP (and its components) and the right half represents real GDP (chained 2012 dollars)...

  • The following table shows data on consumption, investment, exports, imports, and government expenditures for Canada in...

    The following table shows data on consumption, investment, exports, imports, and government expenditures for Canada in 2008, as published by Statistics Canada. All figures are in billions of dollars. Fill in the missing cells in the table to calculate GDP using the expenditure approach. Note: Type in the results without rounding off numbers. Personal consumption expenditures (C) Gross private domestic investment (I) Exports (X) Imports (M) Net exports of goods and services Government consumption expenditures and gross investment (G) Gross...

  • Classify the items according to the expenditure approach to Canada's GDP calculation Answer Bank Personal consumption...

    Classify the items according to the expenditure approach to Canada's GDP calculation Answer Bank Personal consumption expenditures (C) Taking advantage of its growing reputation, a Canadian coffee shop begins selling T-shirts online to customers in the United States Gross private domestic Tyler purchases a lattefrom his local coffee investment (I) shop to boost his energy while working The government builds a new road to Government consumption and accomodate the surge of customers that are gross investment (G) driving to a...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT