Information change the value of gdp in the us country

Assignment Help Business Economics
Reference no: EM132456354

1. A rock falling on a one year old $30,000 American car and the American owner goes to an American dealership and buys a brand new $30,000 car.

2. US government buying $5000 worth of tea from UK

Explain whether the following information change the value of GDP in the US country. Then there is one other thing I need depending on your answer:

(A) If you say it increases or decreases GDP, explain why either including this item skews GDP in some way, or that it is perfectly correct to have this change affect GDP the way you describe.

(B) If you say that GDP is not affected by the information, explain whether it should be or explain why it is consistent with GDP is supposed to calculate not to include it.

Reference no: EM132456354

Questions Cloud

Explain the RC Brushless Motor : Explain and dicuss the concept for the RC Brushless Motor and provide examples,Explain the construction and operation RC Brushless Motor
What is statistical modelling : In one or two paragraphs, explain how CRM analysts might use the information contained in a data warehouse to increase their company's online sales.
What does the term economies of scale mean : What does the term "economies of scale" mean and what are its advantages or disadvantages?
Describe the process will use to select auditors in safety : Describe the qualifications that auditors must have to execute the audit you plan to develop as part of your final project. process will use auditors in Safety
Information change the value of gdp in the us country : Explain whether the following information change the value of GDP in the US country. Then there is one other thing I need depending on your answer:
Heckscher-ohlin model : Are they mobile factors as in the Heckscher-Ohlin model, or are they specific factors? Alternatively, are there any elements of technology involved?
Construction Practice & Management Assignment : Unit 4 Construction Practice & Management Assignment Help and Solution - Higher National Certificate/Diploma in Construction and the Built Environment
Total expenditure on the product in sydney market : It is not possible to predict what will happen to total expenditure on the product in the Sydney market.
How did the world trade center collapse : How did the world trade center collapse, change and redefine the culture and construction of today . Analyze if these are functioning well or not and why ?

Reviews

Write a Review

Business Economics Questions & Answers

  Describe the outcomes of experiment

Consider the experiment of drawing two cards without replacement from a deck consisting of only the ace through 10 of a single suit (e.g., only hearts).

  Differences between macroeconomics and microeconomics

What are the differences between macroeconomics and microeconomics?

  What comprising both an order of chicken and of biscuits

If LFC sells chicken and biscuits as a meal deal, what price would be set for the meal deal which comprising both an order of chicken and an order of biscuits

  Why might this be the right form for the new business

Respond to the question and to other students' postings. Consider the following when posting your responses: Why might this be the right form for the new business? What might some of the disadvantages be?

  How the strength of the economy as a whole could affect

Elucidate how the strength of the economy as a whole could affect the marginal benefits also the marginal costs associated with a decision to purchase a home.

  Market for a new refrigerator for your companys lounge

the market for a new refrigerator for your company's lounge also You've narrowed down the search to two models.

  Describe the shape of patricks indifference curves

Patrick enjoys consuming chocolate but really detests broccoli. Describe the shape of Patrick's indifference curves for these two goods and explain your reasoning.

  Welfare effects of a per unit tax

Solve for the new equilibrium quantity (Q**), the sellers price (Ps), and the consumer’s price (P**). Solve for consumer surplus, producer surplus, government revenue and total surplus with the tax.

  Different type of neural network models

Is there a summary of the different type of neural network models and the best one to use for each application type?

  The supply of bottled spring water is very inelastic

The supply of bottled spring water is very inelastic, but the demand for it is somewhat elastic. What does this imply about the incidence of a tax? Illustrate with a diagram.

  Four characteristics of a firm

Regarding one of the criterion, the four characteristics of a firm, how does this criterion reflect on rent, interest and profits of a firm?

  How would you test your hypothesis

Until the 1977 Supreme Court decision in Bates v. State Bar of Arizona, all states prohibited advertising by attorneys. That decision gave constitutional protection to an attorney’s right to advertise the availability of their services and the fees t..

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