What components of GDP (if any) would each of the following transactions affect
Explain.
(b) Aunt Jane buys a new house.
(c) Ford sells a Mustang from its inventory.
(g) Honda expands its factory in Marysville, Ohio.
My Answers:
(b) Investment since I read that new housing is included in Investment component of GDP.
(c) Nothing since would it being sold from their inventory would be negative in GDP.
(g) Investment since a firm is expanding their factory.
Homework Answers
Add Answer to:
What components of GDP (if any) would each of the following transactions affect
Indicate what components of GDP (if any) each of the following transactions would affect. Check all...
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Government Purchases Net Exports Consumption Investment Transaction Uncle Henry buys a new refrigerator from a domestic manufacturer. Aunt Jane buys a new house from a local builder. The Jackson family buys an old Victorian house from the Walker family. You pay a hairdresser for a haircut. Ford sells a Mustang from its inventory to the Martinez family. Ford manufactures a Focus and...
Problem #3: what component of GDP (C, l, G, NX), if any, would each of the...
Problem #3: what component of GDP (C, l, G, NX), if any, would each of the following transactions affect? Explain A. Aunt Aisha buys a new house. B. You buy a pizza from Herfy in Faisaliya C. Honda expands its factory in Jeddah D. A family buys a new refrigerator E. Hafr Al Batin repaves the Riyadh Highway Problem #4: The following data on capital stock (plant, equipment, housing and inventory) are available for the Republic of Capika for the...
What components of gross domestic product (GDP), if any, would each of the following transactions affect?...
What components of gross domestic product (GDP), if any, would each of the following transactions affect? Explain. Jane buys an imported DVD player. (4 marks) A local computer firm sells 500 notebook computers from its inventory. (4 marks) (iii) John buys a new house. (3 marks) The Comprehensive Social Security Assistance (CSSA) in Hong Kong is adjusted each year according to the CPI. Most economists believe that CPI always overstates the actual inflation. Given the economists' view is valid, discuss...
Q1. What components of Canadian GDP (if any) would each of the following transactions affect? Explain...
Q1. What components of Canadian GDP (if any) would each of the following transactions affect? Explain briefly. i. A monthly scholarship cheque received by an Economics student at BCIT i. Goods sold out of last year's inventories ii. BC spends $10M repaving Highway 91 iv. Amanda Labaamba buys a life insurance policy worth $20M v. A Chiliwack corn farmer buys an almost new tractor
Problem #1 GDP calculated by the expenditure approach will b income approach, because OA. the dollar...
Problem #1 GDP calculated by the expenditure approach will b income approach, because OA. the dollar value of the expenditure on new goods and services in a year must be equal to he GDP calculated by the the dollar value of the income generated in that year the dollar value of the expenditure on new goods and services in a year is always less than the dollar value of the income generated in that year, since imports are subtracted from...
State which TAP you like to replace by answering this TAP I would like to submit...
State which TAP you like to replace by answering this TAP I would like to submit TAP R in replacement of my submission of Tap: write TAP number here Q.1: Match the following key terms with the right description: (10 points each) a. measures the total spending on goods and services and in 1- GDP deflator all markets in the economy. b. example, if someone pays someone else $10 to wash a 2- Consumption car, the expenditure on the car-washing...
Decide how each of the following transactions, if they were carried out, would affect HK GDP....
Decide how each of the following transactions, if they were carried out, would affect HK GDP. Determine which expenditure component(s) would be affected, if any. If the transactions would not affect HK GDP, explain why. (a) The Hong Kong Police Force are set to receive HK$25.8 billion from the 2020 government budget1. They plan to use HK$21.9 billion to increase its police force by 2,543, which is the biggest manpower boost since 1997. They also plan to use HK$612 million...
Place each of the following transactions in one of the four components of expenditure: (remember it...
Place each of the following transactions in one of the four components of expenditure: (remember it could enter more than one component) Boeing sells an airplane to American Airlines Apple sells a computer to a bakery in Paris, France Amanda buys a computer which is made in China Sue buys dinner at a local restaurant for her family Amazon buys a new software for its company You buy a used computer from a friend General Motors inventories of steel rise...
please help me solving these and make sure the answer is correct 100% What components of...
please help
me solving these and make sure the answer is correct
100%
What
components of GDP (if any) would each of the following transactions
affect? Explain your
answer.
Tarek buys a new car from a local car dealer.
You buy new laptop from X-cite store.
Ford purchased a new warehouse in Venezuela to manufacture more
cars in the region.
The government hires more workers to build new highways in the
country.
Kuwait country is importing and exporting products from...
4. How would the following transactions affect your country's net capital outflow? Also, state whether each...
4. How would the following transactions affect your country's net capital outflow? Also, state whether each involves direct investment or portfolio investment. a. A local mobile phone company establishes an office in the Czech Republic. b. Harrod's of London sells shares to a pension fund in your country. c. The Swedish car company, Volvo, expands its factory in your country. d. A local mutual fund sells its Volkswagen shares to a French investor.
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Government Purchases Net Exports Consumption Investment Transaction Uncle Henry buys a new refrigerator from a domestic manufacturer. Aunt Jane buys a new house from a local builder. The Jackson family buys an old Victorian house from the Walker family. You pay a hairdresser for a haircut. Ford sells a Mustang from its inventory to the Martinez family. Ford manufactures a Focus and...
Problem #3: what component of GDP (C, l, G, NX), if any, would each of the following transactions affect? Explain A. Aunt Aisha buys a new house. B. You buy a pizza from Herfy in Faisaliya C. Honda expands its factory in Jeddah D. A family buys a new refrigerator E. Hafr Al Batin repaves the Riyadh Highway Problem #4: The following data on capital stock (plant, equipment, housing and inventory) are available for the Republic of Capika for the...
Q1. What components of Canadian GDP (if any) would each of the following transactions affect? Explain briefly. i. A monthly scholarship cheque received by an Economics student at BCIT i. Goods sold out of last year's inventories ii. BC spends $10M repaving Highway 91 iv. Amanda Labaamba buys a life insurance policy worth $20M v. A Chiliwack corn farmer buys an almost new tractor
Problem #1 GDP calculated by the expenditure approach will b income approach, because OA. the dollar value of the expenditure on new goods and services in a year must be equal to he GDP calculated by the the dollar value of the income generated in that year the dollar value of the expenditure on new goods and services in a year is always less than the dollar value of the income generated in that year, since imports are subtracted from...
State which TAP you like to replace by answering this TAP I would like to submit TAP R in replacement of my submission of Tap: write TAP number here Q.1: Match the following key terms with the right description: (10 points each) a. measures the total spending on goods and services and in 1- GDP deflator all markets in the economy. b. example, if someone pays someone else $10 to wash a 2- Consumption car, the expenditure on the car-washing...
please help
me solving these and make sure the answer is correct
100%
What
components of GDP (if any) would each of the following transactions
affect? Explain your
answer.
Tarek buys a new car from a local car dealer.
You buy new laptop from X-cite store.
Ford purchased a new warehouse in Venezuela to manufacture more
cars in the region.
The government hires more workers to build new highways in the
country.
Kuwait country is importing and exporting products from...
4. How would the following transactions affect your country's net capital outflow? Also, state whether each involves direct investment or portfolio investment. a. A local mobile phone company establishes an office in the Czech Republic. b. Harrod's of London sells shares to a pension fund in your country. c. The Swedish car company, Volvo, expands its factory in your country. d. A local mutual fund sells its Volkswagen shares to a French investor.
Most questions answered within 3 hours.
-
A lottery exists where balls numbered 1 to 17 are placed in an
urn. To win,...
asked 49 minutes ago -
Please explain steps:
An 80 kg swimmer steps off a platform 10 m above the water...
asked 47 minutes ago -
26) Briefly describe, using words or simple diagrams, the
chemiosmotic theory for coupling oxidation to phosphorylation...
asked 2 hours ago -
Suppose that XX is a random variable with mean 16 and standard
deviation 5 . Also...
asked 3 hours ago -
Calculate the number density of argon gas at a temperature of
24C and a pressure of...
asked 6 hours ago -
Alternative
Classification
How to Estimate
Probabilities from Data? ( For continuous Attributes)
And How to generate...
asked 6 hours ago -
An explosion breaks a 20.0-kg object into three parts. The
object is initially moving at a...
asked 7 hours ago -
Calculate the approximate number of residues of Rubisco, which
is involved in carbon fixation in plants,...
asked 8 hours ago -
Other decisions about scientific claims can have a much broader
impact.ENERGYarrow-10x10.png, environment, health, security - all...
asked 9 hours ago -
I need to write a research paper and work cited about this
topic: The United States...
asked 9 hours ago -
Hello! I was wondering if I could have some help?
If the vapor pressure of carvone...
asked 10 hours ago -
An economist wants to estimate the mean per capita income (in
thousands of dollars) for a...
asked 10 hours ago