1. All of the following are examples of government purchases of goods & services EXCEPT The...
1.
All of the following are examples of government purchases of goods & services EXCEPT
|
The government makes social security payment to your grandmother |
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The government pays the salaries of military servicemen and servicewomen |
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The government pays the salaries of members of Congress |
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The government purchases 500 new helicopters for the army |
2.
All of the following are examples of investment spending EXCEPT
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A household purchases a newly constructed house |
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A business purchases new robotic manufacturing equipment |
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A business purchases a new office building |
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A household purchases 1000 shares of Google stock |
Homework Answers
1. The government makes social security payment to your
grandmothe.
2. A household purchases 1000 shares of Google stock
Add Answer to:
1.
All of the following are examples of government purchases of
goods & services EXCEPT
The...
In the national income accounts, all of the following are classified as government purchases except: A.services...
In the national income accounts, all of the following are classified as government purchases except: A.services provided by police officers. B.purchases of military hardware. C.services provided by public servants. D.payments made to social security recipients.
(15) All of the following would be considered capital goods, except o a dump truck. o...
(15) All of the following would be considered capital goods, except o a dump truck. o a new factory o on-the-job training. All of the above are capital goods. (16) What are the sources of savings in the economy? Business savings and household savings Private savings by households, government savings, and savings by foreigners - The difference between income and spending of households The difference between income and spending of households and businesses (17) How is the level of investment...
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1. The following events occurred in 2020 in the United States. In column i write either “included” or“not included”in gross domestic product (GDP) for 2020 and in column ii explain why a. EXAMPLE PROBLEM Buy a new textbook from a bookstore i. included ii. C; final good b. McGraw-Hill (publisher) buys paper for its textbooks from a U.S. supplier i. ii. c. The purchase of U.S. lumber by a contractor used to build a house in SouthWest Florida. i. ii....
ECON 250 30. Which of the following is NOT included in U.S. GDP? the estimated rental...
ECON 250 30. Which of the following is NOT included in U.S. GDP? the estimated rental value of owner-occupied housing in the U.S.A. b.US. home grown garden for family consumption c. production of foreign citizens living in the United States d services such as those provided by American lawyers and America hair stylists working in the USA 31. One bag of flour is sold for $2.50 to a bakery, which uses the flour to bake bread. Five loafs of bread...
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Hi can you help me make a summary about this short article and how it affects...
Hi can you help me make a summary about this short article and
how it affects me economically as US citizen ?
Supported by
Federal Shutdown’s Uneven Toll: Some Americans Are Devastated,
Others ObliviousFederal Shutdown’s Uneven Toll: Some Americans Are
Devastated, Others Oblivious
“It has been terrible,” said Andrea Caviedes, a furloughed loan
processor in the Agriculture Department’s rural development
program.CreditMichael B. Thomas for The New York Times
Image
“It has been terrible,” said Andrea Caviedes, a furloughed loan
processor...
ΤΕΧΝΙΤΗΤΗ iple Choice y the choice that best completes the statement or answers the question. The...
ΤΕΧΝΙΤΗΤΗ iple Choice y the choice that best completes the statement or answers the question. The production possibilities frontier is a graph that shows the various combinations of output that an economy a. should produce. b. wants to produce. c. can produce d. demands 2 The price index was 320 in one year and 360 in the next year. What was the inflation rate? a. 9 percent ((B-A)/A)*100 b. 11.1 percent c. 12.5 percent ((360 - 320)/320)*100 d. 40 percent...
Q1 Which of the following are included and which are excluded in calculating this year's GDP....
Q1 Which of the following are included and which are excluded in calculating this year's GDP. Explain in each instance. a. A monthly scholarship cheque received by an economics student b. The purchase of an almost new tractor by farmer Kojo C. The cashing in of a savings bond d. An increase in business inventories e. Tim Horton's purchases a corner grocery store f. Fearless Qweenie Kong, a stuntwoman, purchases a life insurance policy for a billion dollars ($) g....
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(15) All of the following would be considered capital goods, except o a dump truck. o a new factory o on-the-job training. All of the above are capital goods. (16) What are the sources of savings in the economy? Business savings and household savings Private savings by households, government savings, and savings by foreigners - The difference between income and spending of households The difference between income and spending of households and businesses (17) How is the level of investment...
ECON 250 30. Which of the following is NOT included in U.S. GDP? the estimated rental value of owner-occupied housing in the U.S.A. b.US. home grown garden for family consumption c. production of foreign citizens living in the United States d services such as those provided by American lawyers and America hair stylists working in the USA 31. One bag of flour is sold for $2.50 to a bakery, which uses the flour to bake bread. Five loafs of bread...
Hi can you help me make a summary about this short article and
how it affects me economically as US citizen ?
Supported by
Federal Shutdown’s Uneven Toll: Some Americans Are Devastated,
Others ObliviousFederal Shutdown’s Uneven Toll: Some Americans Are
Devastated, Others Oblivious
“It has been terrible,” said Andrea Caviedes, a furloughed loan
processor in the Agriculture Department’s rural development
program.CreditMichael B. Thomas for The New York Times
Image
“It has been terrible,” said Andrea Caviedes, a furloughed loan
processor...
ΤΕΧΝΙΤΗΤΗ iple Choice y the choice that best completes the statement or answers the question. The production possibilities frontier is a graph that shows the various combinations of output that an economy a. should produce. b. wants to produce. c. can produce d. demands 2 The price index was 320 in one year and 360 in the next year. What was the inflation rate? a. 9 percent ((B-A)/A)*100 b. 11.1 percent c. 12.5 percent ((360 - 320)/320)*100 d. 40 percent...
Q1 Which of the following are included and which are excluded in calculating this year's GDP. Explain in each instance. a. A monthly scholarship cheque received by an economics student b. The purchase of an almost new tractor by farmer Kojo C. The cashing in of a savings bond d. An increase in business inventories e. Tim Horton's purchases a corner grocery store f. Fearless Qweenie Kong, a stuntwoman, purchases a life insurance policy for a billion dollars ($) g....
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