Reference no: EM132126375
Question: Classify the following as consumption, fixed business investment, residential construction, inventory investment, exports, imports, government purchases, intermediate goods, or none of the above.
(A) Student purchases PC to do problem set.
(B) Professor purchases PC workstation for class use.
(C) Student takes trip to Mexico for vacation.
(D) Professor takes trip to Mexico for consulting.
(E) Investor purchases 100 shares of Microsoft.
(F) Employee contributes to retirement plan.
(G) Student has lunch at McDonald's.
(H) Dean hosts reception at La Francais.
(I) Student pays tuition to Northwestern University.
(J) Student pays tuition to University of Illinois.
(K) Driver buys auto policy for $1,000; later that day has $10,000 accident.
(L) Japanese investor buys Van Gogh painting.
(M) GM buys tires to put on new cars.
(N) Same as above, but it buys them on December 20th and doesn't put them on the cars until January 15th.
(O) Consumer purchases used car for $5,000; the dealer bought it for $4,000.
(P) Caterpillar Corporation builds new factory.
(Q) Homeowner gets dishwasher repaired.
(R) Homeowner buys new dishwasher.
(S) Landlord replaces old dishwasher.
(T) Neighbor cuts lawn in return for baby-sitting.
(U) IRS demands $1,000 payment from neighbor for not reporting barter income: $500 is tax, $100 is interest, and $400 is penalty.
(V) Anti-smoking lawyer receives $1 billion to show smoking is bad for you.
(W) Lawyer purchases old Kennedy mansion in Palm Beach for $7 million.
(X) Lawyer tears house down, builds $20 million replacement.
(Y) Lawyer receives $2 million tax bill from Palm Beach County.
(Z) Lawyer pays another lawyer $100,000 to sue Palm Beach County.
|
Implement a new economic program
: President decides to implement a new economic program that includes (a) personal income tax cuts, (b) corporate income tax cuts, (c) excise tax cuts.
|
|
Write a strategic analysis report
: HI5019 STRATEGIC INFORMATION SYSTEMS Assignment - Strategic Analysis, HOLMES INSTITUTE Australia. Write a strategic analysis report
|
|
How personal experience affects ones interpretation
: Explain how and why study of the Humanities is relevant to contemporary human experience.
|
|
Why the bea measure of personal saving dropped
: That is another reason why the BEA measure of personal saving dropped so much during the 1990s, when many homeowners refinanced their mortgages at lower rates.
|
|
Classify the given terms into different categories
: Classify the following as consumption, fixed business investment, residential construction, inventory investment, exports, imports, government purchases
|
|
Write reply to given article with references
: Studies show that there were sharp spikes in the overall percentage of hate crimes around the most recent election (Levin, Nolan, & Reitzel, 2018)
|
|
What is their tax liability using the tax tables
: Havel and Petra are married, will file a joint tax return, and meet the requirements to file form 1040EZ. What is their tax liability using the tax tables
|
|
What are the most common kinds of transfer payments
: What are the most common kinds of transfer payments at the Federal level? At the state and local level? What are the principal differences between government.
|
|
What happens to wages and salaries and national saving
: Under the new regime to end welfare, all these people are hired by the government to perform various tasks, such as serving lunch in the Congressional dining.
|