Gdp from the previously mentioned transactions

Assignment Help Business Economics
Reference no: EM13851282

In 2013, the furniture store PB produced 10 mahogany desks. One of them is sold to Jeanine for $3,259, later that same year Jeanine sold the desk to Pamela for $1,802. The remaining desks were not sold to anyone that year and stay in PB's inventory at a value of $1,862 for each desk. How much was added to GDP from the previously mentioned transactions?

Reference no: EM13851282

Questions Cloud

What was the change in inventories : At the end of 2012 the prestigious Rolex watch manufacturer had in inventory of watches worth $725 dollars. In 2013, Rolex produced $333 worth of watches and sold $260. What was the change in inventories in 2013? (hint: careful with the signs, rememb..
Contributed to us gdp from all these transactions : Santiago is from Spain but lives in Texas. Ryan is from England but he lives in Arizona. A car dealer in Texas buys a new BMW from a BMW factory in Arizona for $51,567 and later sells the new BMW to the final buyer, who is Santiago for $75,120. Later..
What was government spending : In the economy of Qonos in 2067 exports were $670, GDP was $8,652, imports were $1,281, investment was $1,544 and consumption was $2,325. What was Qonos's government spending in 2067?
Which can analysis the use cost volume profit : Which of the following can use cost/volume/profit (CVP) analysis? Income taxes have the following effect on the breakeven point calculation.
Gdp from the previously mentioned transactions : In 2013, the furniture store PB produced 10 mahogany desks. One of them is sold to Jeanine for $3,259, later that same year Jeanine sold the desk to Pamela for $1,802. The remaining desks were not sold to anyone that year and stay in PB's inventory a..
Critically analyzing key features of our national government : conclude the process of critically analyzing key features of our national government
Synthesize the critical information about this topic : Synthesize the critical information about this topic/situation - information that would best inform those facing the challenges posed by the situation; that is, the person who would experience it, as well as the family/caregivers of that person
Ways in which poverty affects the lives of youths : Although poverty cannot be considered the only cause of delinquency, many believe it is the major cause. Discuss the ways in which poverty affects the lives of youths to turn them toward delinquent behavior
Summary of the experiments and research conducted : A brief history of that researcher. A summary of the experiments and research conducted. An explanation and discussion of any theories that are attributed to the researcher's work

Reviews

Write a Review

Business Economics Questions & Answers

  Calculate consumer surplus in the case of entry deterrence

Calculate firm 1's profit-maximizing output and profits in the absence of potential competition and calculate the output and profits of both firms in case firm 1 accommodates entry.

  Illustrate young adults at random to serve in the army

Suppose a nation picks 1000 young adults at random to serve in the army. Illustrate what information do you need to determine the cost of using these people in the Army.

  Long-run atc curve is u-shaped and intersects the long-run

For every firm in group B , long-run ATC curve is U-shaped and intersects the long-run MC curve when ATC = 10 and output is 6.

  Useless to the economy to increase government expenditures

Assume an open, mixed economy (C + I + G + X = real GDP) and an MPS of .2. Explain if it would be expansionary, contractionary, or useless to the economy to increase government expenditures by $50 billion and also increase taxes by $50 billion.

  Amount accumulated at the time of you retirement

Your current salary is $70,000 per year and you are planning to retire in 25 years from now. You anticipate that your annual salary will increase by $3,500 each year. You plan to deposit 5% of your yearly salary into a retirement fund that earns 6.75..

  Significant forms of money individuals may hold

The broader measure M2, however, since it encompasses most significant forms of money individuals may hold, resolves the problem. The shifts in asset holdings take place WITHIN the broader measure.  Explain why M2 velocity should be more predictable ..

  Equilibrium price for your good or service

What would happen if suppliers charge less than the equilibrium price for your good or service.

  Q1 how could you use cost volume profit analysis in a

q1. how could you use cost volume profit analysis in a products of choice. explain its benefits and limitationsq2.

  Explain how does this alter its budget

An alternative way for the government to encourage home ownership would be to offer a tax credit instead of a tax deduction. Explain how does this alter its budget if k=0.25.

  Do you agree or disagree with monopoly of pareto-efficient

Many argue that breaking up a monopoly is a Pareto-efficient change. This interpretation cannot be so because breaking up a monopoly makes its owners (or shareholders) worse off. Do you agree or disagree.

  Explain why do national income accountants

Explain why do national income accountants compare the marker value of the total outputs in various years rather than actual physical volumes of production.

  Explain how much would the combined production of pineapple

Explain how much would the combined production of pineapples increase for the two islands due to trade. How much would the combined production of pearls increase.

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