Count the computer chip in gdp

Assignment Help Accounting Basics
Reference no: EM131023437

A student remarks: "It doesn't make sense that intermediate goods are not counted in GDP. A computer chip is an intermediate good, and without it a PC won't work. So why don't we count the computer chip in GDP?" Provide an answer for the student's question.

Reference no: EM131023437

Questions Cloud

Ford escape hybrid from a ford dealer : Which component of GDP will be affected by each of the following transactions involving Ford Motor Company? If you believe that none of the components of GDP will be affected by the transactions, briefly explain why.
Prove that the union of all intervals in f equals g : By using the fact that the set of all rational numbers is countable, and subsets of countable sets are at most countable, prove that every collection of non-empty disjoint open intervals in R is a collection of at most countably many intervals.
Count the computer chip in gdp : A student remarks: "It doesn't make sense that intermediate goods are not counted in GDP. A computer chip is an intermediate good, and without it a PC won't work. So why don't we count the computer chip in GDP?" Provide an answer for the student's..
Find eigenvalues and eigenvectors of b : Find eigenvalues and eigenvectors of A. Find eigenvalues and eigenvectors of B. Find eigenvalues and eigenvectors of A ⊗ B. Can you establish a relationship between the eigenvalues of A ⊗ B and the eigenvalues of A and B?
Count the computer chip in gdp : A student remarks: "It doesn't make sense that intermediate goods are not counted in GDP. A computer chip is an intermediate good, and without it a PC won't work. So why don't we count the computer chip in GDP?" Provide an answer for the student's..
Choke cola is a very old company : Choke Cola is a very old company and through the years its market share has grown. In 2010 Choke Cola had 40% of the sales of cola beverages in the US. Its nearest competitor was Canine Cola which had 20% of the market. Four other cola producers have..
Measure production in terms of quantity : Why in microeconomics do we measure production in terms of quantity, but in macroeconomics we measure production in terms of market value?
Prepare a bar graph that displays the number of patients : Prepare a bar graph that displays the number of patients by age of diagnosis. Prepare a pie chart that displays the number of patients by race. Prepare a table that displays the numbers of patients by sexual orientation.
Find the equilibrium level of output : Find the equilibrium level of output. How much should government spending increase to reach a level of output equal to 50,000

Reviews

Write a Review

Accounting Basics Questions & Answers

  A company is considering the purchase of new equipment for

a company is considering the purchase of new equipment for 45000. the projected after-tax net income is 3000 after

  Canyon company has a used delivery truck that originally

canyon company has a used delivery truck that originally cost 27200. straight-line depreciation on the truck has been

  Layout dicions are the important aspect of the design of

layout dicions are the important aspect of the design of theproduction system. please briefly describe produce and

  Determine the direct labor efficiency variance

Explorer, Inc., manufactures lanterns for camping. The company's direct labor rates have been set by the terms of the current labor contract. Direct labor rate standards have been assigned for each job classification.

  Effect on the company operating cash flows

What conclusions can you draw from the patterns of yearly depreciation and carrying value? Do the three methods differ in their impact on profitability? Do they differ in their effect on the company's operating cash flows? Explain

  What are the issues on each property sale

1. What are the issues on each property sale, and what are the most effective research key words looking for the relevant primary tax law authorities (you may need to read your findings and repeat the process to find out relevant tax laws and e..

  Cumulative effect of the error

Link's income statement for the year ended December 31, 2011, should show the cumulative effect of this error in the amount of:

  Prepare journal entries to record the pension expense

Prepare journal entries to record the pension expense, funding of plan assets, and retiree benefit payments.

  The president of deanza-foothill company is puzzled during

the president of deanza-foothill company is puzzled. during the last year the company experienced a net loss of 800000

  Stephen bosworth a super salesman contemplating retirement

stephen bosworth a super salesman contemplating retirement on his fifty-fifth birthday decides to create a fund on an 8

  Research the history of process costing in the united

name two reasons why overhead might be under-applied in a given year and how this might be able to be prevented? what

  Earnings per share and price-earnings ratio

For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd