Reference no: EM131843315
In 2013, Acme Agricultural Inc. produced 600 bushels of Hemp. In the same year, it sold 400 of these bushels in the market for $20 apiece. Acme sold the remaining bushels to its super-foods subsidiary, which (in 2013) used them to produce 300 1-pound bags of hemp hearts. The market value of the hemp hearts is $25 per bag. Acme's subsidiary sold half of these bags to consumers in 2013, and sold the other half in 2014.
Under the Spending Approach, what was Acme's contribution to GDP in 2013?
A. $8000 in Hemp and $7500 Hemp Hearts
B. $8,000 in Hemp and $3500 in Hemp Hearts
C. $8000 in Hemp and $3750 in Hemp Hearts
D. $12,000 in Hemp and $7500 in Hemp Hearts
E. $12,000 Hemp and $3500 in Hemp Hearts
F. $12,000 in Hemp and $1750 in Hemp Hearts
Same scenario as the previous question. In 2013, Acme Agricultural Inc. produced 600 bushels of Hemp. In the same year, it sold 400 of these bushels in the market for $20 apiece. Acme sold the remaining bushels to its super-foods subsidiary, which (in 2013) used them to produce 300 1-pound bags of hemp hearts. The market value of the hemp hearts is $25 per bag. Acme's subsidiary sold half of these bags to consumers in 2013, and sold the other half in 2014.
Under the Value-Added Approach, what was Acme's contribution to GDP in 2013?
Note: the Value-Added Approach is also called the Production Approach.
A.$12,000 Hemp and $3500 in Hemp Hearts
B. $12,000 in Hemp and $1750 in hemp hearts
C. $8,000 in Hemp and $3500 in Hemp Hearts
D. $8000 in Hemp and $3750 in Hemp Hearts
E. $12,000 in Hemp and $7500 in Hemp Hearts
F. $8000 in Hemp and $7500 Hemp Hearts
Please show how you got to each. Thank you!
The effectiveness of allowing price negotiations
: Formulate an argument where you either support or challenge the effectiveness of allowing price negotiations between Medicare and drug manufacturers .
|
Probability of making exactly four sales
: The probability of making exactly four sales. b. The probability of making no sales. c. The probability of making exactly two sales. d. The mean number of sales
|
What are barriers the employees will bring to change plan
: Along with management, employees also erect barriers, not just by resisting change, but by making change very difficult in other ways.
|
Distribution from the general definitions
: Determine the mean and standard deviation of the distribution from the general definitions given in formulas (6-1) and (6-2).
|
Market value of the hemp hearts
: The market value of the hemp hearts is $25 per bag. Acme's subsidiary sold half of these bags to consumers in 2013, and sold the other half in 2014.
|
Create a case study summary of the company you have chosen
: MBA 5101, Strategic Management and Business Policy Assignment. Create a case study summary of the company you have chosen, including general overview of compnay
|
How should jack allocate his time to maximize his pleasure
: However, Jack realizes that if he is going to get all his homework assignments done, he cannot play more than 4 hours a day.
|
Account of natural law in the leviathan
: How significantly does the Hobbesian account of natural law in the Leviathan differ from the account we saw in the excerpts we read from St. Thomas's Summa?
|
Derive an expression for vu as a function of the time
: Derive an expression for VU as a function of the time it takes to get a job, workers' discount rate (?), and the value of being employed (VE).
|