Which of following goods and services are included in u.s

Assignment Help Macroeconomics
Reference no: EM13754483

Which of the following goods and services are included in the U.S. GDP and by how much? If a good or service is not included, explain why.
a. Donna spends $100 on house paint.
b. On a nice sunny weekend, Donna uses the paint that she purchased to paint her house.
c. Bruce hires a painter to paint his house.
d. Dell Computers buys parts from a local distributer for $1 million, assembles the parts, and sells the finished computers for $2 million.
e. Sarah buys a new Ford Focus. 
f. Sarah buys a 2005 Dodge truck to drive on weekends.
g. Ben buys $20,000 worth of Facebook stocks.
h. During a recession, the government raises unemployment benefits by $100 million.
i. In response to growing tensions in the Syria and Iraq, the U.S. government increases defense spending by $50 billion. 

Reference no: EM13754483

Questions Cloud

Who made the decisions between top and bottom canada : Who made the decisions between top and bottom canada?
Discussion-international equity and bond markets : Earlier, the CFO of GBATT had you look at capital and financial structures in general. Now, the CFO has asked you to look at the international debt and equity markets available for GBATT as a precursor to possibly changing the firm's capital struc..
What are the major strengths of monetary policy : Comment on the cause-effect chain through which monetary policy is made effective. What are the major strengths of monetary policy? 150 words. Please  cite any sources used as this assignment will be submitted to turnitin.
Using the double declining balance method : Smith Farms purchases a combine on January 1, 2002 for $50,000. Using the double declining balance method for depreciation, a 5 year lifetime and a $5,000 salvage value, what would be the book value of the combine December, 31, 2003?
Which of following goods and services are included in u.s : Which of the following goods and services are included in the U.S. GDP and by how much? If a good or service is not included, explain why.a. Donna spends $100 on house paint.b. On a nice sunny weekend, Donna uses the paint that she purchased to paint..
Price that is different from the bonds face value : Bonds usually sell at a price that is different from the bond's face value. When this happens, the bonds are sold at a discount or premium. Discuss the market forces that would cause a bond to sell at a price that is different from its face value.
Work breakdown schedules-uncertainty : Work Breakdown Schedules, Uncertainty, and Dependency Relationships. Write a develop a three to five (3-5) page paper that addresses the following:
Describe organization can apply risk management principles : Describe how the organization can apply risk management principles in their efforts to secure their systems.
Concepts played out innew hampshire : Read Incorporating demand-side aspects into regional policy. Discuss how the implications of this article could hold for individual states within the US. How do you see these concepts played out inNew Hampshire?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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