Measure production in terms of quantity

Assignment Help Accounting Basics
Reference no: EM131023435

Why in microeconomics do we measure production in terms of quantity, but in macroeconomics we measure production in terms of market value?

Reference no: EM131023435

Questions Cloud

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
Find the percentage of smokers in this age group in 2006 : Walk, dont run. Louise walked for 2 hours than ran for 1 and 1/2 hours. If she runs twice as fast as she walks and the total trip was 20 miles then how fast does she run?
Reasons for different european ifrs practices : To what extent are the reasons for different European accounting systems still relevant as reasons for different European IFRS practices?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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