Which expenditure or income component of gdp it is part of

Assignment Help Business Economics
Reference no: EM133364350

Question: Identify whether or not each of the following transactions are included in GDP, and, if so, which expenditure or income component of GDP it is part of.

a. a consumer purchases a used television b. a toy store adds to its stock of inventories c. a consumer buys a new car d. a Canadian corporation pays interest to owners of its bonds e. a provincial government repaves a highway f. a wealth-holder places $ 1000 in her bank account g. an unemployed worker receives an employment insurance payment from the government h. a French farmer purchases a Canadian-made piece of farm machinery

2. The table below shows the national accounts for a hypothetical economy, Macronia.

Reference no: EM133364350

Questions Cloud

How do suppliers make less sensitive buyers pay a higher : Describe a product where you pay a different price than someone else in your life. Why are there different levels of price sensitivity? How do suppliers make
Why do you think sex trafficking is hard to tackle : Why do you think sex trafficking is hard to tackle and keeps on growing and being more profitable every year?
Discuss clinical management plan : Discuss a patient example that would fit the need for such a screening tool and discuss additional physical exam components, clinical management plan.
Compare this with the need to secure information data : Compare this with the need to secure information data. Support your stance with a rationale of which you think is the most important for an individual to secure
Which expenditure or income component of gdp it is part of : Identify whether or not each of the following transactions are included in GDP, and, if so, which expenditure or income component of GDP it is part of.
Conduct an analysis of the current websites : conduct an analysis of the current websites for two local police departments or precincts. What information is available for victims? Try to navigate
What are your thoughts on law enforcements ability : What are your thoughts on law enforcement's ability to create their own exigent circumstances allowing them to enter homes?
Describe how a novice academic nurse educator : Can you describe how a novice academic nurse educator can adhere to the ethics, values, and cultural norms of nursing education.
How do we calculate average daily rate, management fees : how do we calculate Average daily rate, Management fees, Vacancy rate, Depreciation method (straight or double declining), Closing cost, Re-investment rate

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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