User Account

All Pages

Government pays a retired economist

Assignment Help Business Economics
Reference no: EM131691639

Classify each of the following as consumption (C), investment (I), government purchases (G), exports or imports. More than one category could apply.

Assume that all actions take place within the U.S. in 2010 and that 'new ' refers to a good/service produced in 2010. If the good or service is not included in any of the components of the 2010 U.S. GDP write 'No'.

a. A movie company makes 500,000 DVDs of one of its newest releases. It sells 300,000 of them to consumers and stores the rest in its warehouse.

b. Stephanie buys a designer dress produced by an American-owned fashion shop in France.

c. The U.S. government pays a retired economist from the U.S. department of Commerce $30,000 in retirement benefits.

d. A German citizen living in Berlin, Germany, buys a new car produced in the United States by a Japanese company.

e. Maria makes her bed every morning before going to work.

f. A bicycle manufacturer buys steel from a steel company.

g. The White House buys a fleet of new cars made in Detroit, MI.

h. A bakery buys a new oven.

i. Ashley buys a used sports car made in Italy.

j. Melinda pays a monthly rent of $1,300, utilities included, for an apartment she rents in an old building

Reference no: EM131691639

Questions Cloud

Do you find reasoning to be convincing : Identify firm that has recently engaged in diversification. Do you find reasoning to be convincing?
Policy to either high-context or low-context audience : Compare and contrast how you would communicate this policy to either a high-context or a low-context audience.
Prepare a job description for hr role that you have selected : Prepare a 350-word job description for each HR role that you have selected. Select three of the HR roles and research potential job requirements for each.
Consumption component of gdp affected : In January 2011, how is the 'consumption' component of GDP affected?
Government pays a retired economist : The U.S. government pays a retired economist from the U.S. department of Commerce $30,000 in retirement benefits.
Associating accrual-type changes with specific accounts : (Associating accrual-type changes with specific accounts) For each of the following events affecting Youth Services, identify the accounts.
Important branding tenets brand resonance model reinforces : What are the five important branding tenets the brand resonance model reinforces?
Scenarios with explanation please : Can someone please tell me how much was in the bank after the following two scenarios with explanation please?
Recently expanded and the old accounting software : Your company has recently expanded and the old accounting software in place is no longer capable of handling the tasks at hand.

Reviews

Write a Review

Business Economics Questions & Answers

  The initial cost of constructing a permanent dam

The initial cost of constructing a permanent dam (i.e., a dam that is expected to last forever, perpetuity) is $425 million. The annual net benefits will depend on the amount of rainfall: $18 million in a “dry” year, $29 million in a “wet” year, and ..

  Make the replacement economically advantageous

In 2006, Violet Rose Computer Corporation purchased a new quality inspection system for $550,000.   The   estimated   salvage   value   was $50,000 after 10 years. If the MARR for the corporation is 12% per year, find the minimum trade-in value neces..

  Difference between public health and individual health

The main goal of public health is to prevent diseases and promote health of a population level. Using the South University Online Library or the Internet, identify, research, and read about a public health issue of your interest. What is the differen..

  Insert a print screen of the display settings

How do you show hidden files, folders, and drives in Windows 7? Explain how an insert a print screen image of the Folder Options dialog box in Windows 7.

  Differences between buying products and buying services

What are some advantages to using a nontraditional online businesses? What information should you look for when reading an ad or hearing a commercial? How can spending plan help you make smart shopping decisions? Describe the major differences betwee..

  Describe the features of monopolistic competition

Contrast market failure with government failure in the internalizing of externalities. Is it possible for the government to go too far in trying to internalize externalities? Consider external benefits and external costs. Describe the features of mon..

  What did the fed actually do

What could the FED ( Federal reserve system) do in 2002-2003 in order to bring the economy back to full-employment ? What did the FED actually do ? Explain in detail

  Dividend compounded semiannually with face value

How much do you have to pay for a bond rate that pays 6% dividend compounded semiannually, with a face value of $5,000 that is going to be paid (maturity) in 5 years? The buyer wants to have an interest rate profit of 8% compounded semiannually.

  Dealership in general give better prices-large scale buyer

Tom Reardon and his next door neighbor, Rich O’Donnell were carpooling to work one morning when the engine of Tom’s car started to sputter. This started a chain of events that eventually led Tom to decide that he needed a new car. Why do dealerships ..

  Teacher training manual and licenses fitness instructors

Richtone Design Group LLC (Richtone) is a New York limited liability company (LLC) that owns the copyright to the Pilates Teacher Training Manual and licenses fitness instructors to teach pilates exercise programs. Live Siri Art, Inc. is a California..

  Autonomous expenditure in economy

Write the aggregate expenditure function. How much is the autonomous expenditure in this economy in billions of dollars?

  Using your understanding of shifts in supply also demand

Using your understanding of shifts in supply also demand, will this turn out to be a helpful or hurtful move on the Kenyan government's part.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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