1. Raphael pays Better Buy $800 to for a new high-definition television (HDTV) and its installation. He's attracted by Better Buy's guarantee that he'll be happy with the new HDTV, or he'll get his money back.
2. Better Buy pays Firedog $650 to install the HDTV
3. Firedog buys hardware worth $50 from The Home Station
Compute contributions to GDP, using the expenditure approach. Assume that The Home Station receives the hardware at no charge and that other costs are zero
Hint: Add the amount of money spent by buyers of final goods and services
Which of the following would be included in the expenditure method of calculating GDP?
1. Raphael spends $800
2. Firedog spends $50
3. Better Buy spends $650
The total contribution to GDP, measured by the expenditure method, is_________
Now use the following table to compute contributions to GDP, employing the resource cost-income approach. In particular, indicate the costs of intermediate goods and the value added at each stage of production Stage of Production
The Home Station Firedog Better Buy Sale Value $50 $650 $800 Cost of Intermediate Goods Resource Cost-Income sale value value added cost of intermediate goods
The contribution to GDP that you found using the expenditure approach corresponds to the sum of the ______ at each stage of production.

Answers

Answer 1

Answer:

A. Raphael spend $800

B.$800

C.VALUE ADDED

Explanation:

A. The amount of $800 is the amount that would be included in the expenditure method reason been that Rapheal used the amount of $800 to pay for a new high-definition television (HDTV) as well as its installation

B. The total contribution to GDP which is measured by the expenditure method, is the amount of $800 calculated as :

The Stages of Production; The Sale Value - The Cost of Intermediate Goods = VALUE ADDED

The Home Station $50 - $0 = $50

Firedog $650 -$50 =$600

Better Buy $800- $650=$150

TOTAL $800

($50+$600+$150)

C.The contribution to GDP that you found using the expenditure approach corresponds to the sum of the VALUE ADDED at each stage of production


Related Questions

Among the universal functions of marketing, the _____ function is probably the most visible function of marketing.

Answers

Answer:

selling

Explanation:

Selling in marketing make the cycle of production to complete, because it is through selling that the product and services get to the consumer. And as a result of this transaction between both the producer and the consumer, returns can be gotten by those companies for service or product rendered.

It should be noted that in all the universal functions of marketing we know, the selling function is probably the most visible function.

LMN Enterprises performs accounting services for a client for $3,000 cash. What is the effect on the accounting equation?

Answers

Answer:

The equation remains balanced but there is a total increase of $ 3000 on both sides.

Explanation:

Cash is increased by earning a cash of $ 3000 and so is the revenue increased .  Increase in the revenue means increase in the capital.

The total profit earned is added in the Capital.

The increase in the right hand side of the equation is equal to the increase in the left hand side of the equation.

Assets = Liabilities + Capital

Cash +Assets = Liabilities + Capital + Revenue

+ $ 3000        =                                  + $ 3000

The equation remains balanced but there is a total increase of $ 3000 on both sides.

When attempting to determine human resource needs, HR managers prepare a(n) _____ providing details of all current employees, which includes their educational level and abilities and helps identify deficits in the workforce.

Answers

Answer: Inventory

Explanation:

The document prepared is known as a Human Resource Inventory ( Inventory for short) and is a very useful tool for analysis to human resource personnel.

In the inventory is contained the details of all current employees, which includes their educational level and abilities, their experience, age, gender, salary, special achievements and even preferred jobs.

From this inventory, certain deductions can be made such as deficits in the workforce.

If the price of Good Y falls from $10 to $8, and the quantity supplied of it falls from 1,000 units to 600 units, the price elasticity of supply is:

Answers

Answer:

Price elasticity of supply = 2.25

Explanation:

Price elasticity of supply is defined as the degree to which quantity of a product supplied is sensitive to changes in price.

In a competitive market when the price of a good increases its supply also increases. This is because suppliers want to make more profit from the higher product price.

Price elasticity of supply = %∆ Quantity ÷ %∆ price

Price elasticity of supply = {(600 - 1000) ÷ (1000 + 600)/2}/ {(8 - 10) ÷ (10+8)/2}

Price elasticity of supply = -0.5 ÷ -0.2222

Price elasticity of supply = 2.25

A study of the potential demand for a new hospitality and travel business is called? strategic alliance
situation analysis,
swot analysis,
market analysis ?

Answers

Answer:

Situation  analysis

Explanation:

situation analysis is an analysis done before the start of a business and it is a part of a business plan. it includes an analysis of the firm's abilities, its potential customers, potential competitors and economy

Market analysis is the analysis of the market of a good. Market analysis includes :

analysis of the customers and their purchasing patternsanalysis of competitors an analysis of the economy

A SWOT analysis is an analysis of a firms strengths, weaknesses, and opportunities

Answer:

situation analysis

Explanation:

The general manager of a clothing store recently gave a motivational PowerPoint presentation to his employees on the value of being courteous to each customer. The manager’s behavior is an example of

Answers

Answer:

Leading.

Explanation:

In this scenario, the general manager of a clothing store recently gave a motivational PowerPoint presentation to his employees on the value of being courteous to each customer. The manager’s behavior is an example of leading. When you're a leader, you are saddled with the responsibility of controlling, influence, administering, guiding and dealing with the affairs of the employees working within the organization.

Generally, leadership entails setting the vision, goals and direction for the organization, as well as motivate the employees (team) to do the right thing and acting responsibly.

As the demand for goods and services decreases, job growth
a increases
b. decreases
C. remains the same
d. none of the above
Please select the best answer from the choices provided
A
B
С
D

Answers

Answer:

As the demand for goods and services decreases, job growth

C. remains the same

As the demand for goods and services decreases, job growth decrease. Thus, the correct option is B). decreases.

What will be the result of increased demand over the job growth?

If the demand for a firm's output increases, then the firm will demand more labor as production will also increase, thus the job growth will increase.

If the demand of the goods and services decreases, then the production will decrease and the job growth will also decrease.

Hence, as the demand for the goods and services increases, the demand for labor will increase, the demand curve will shift to the right,

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Jamie is considering leaving her current job, which pays $75,000 per year, to start a new company that develops applications for smartphones. Based on market research, she can sell about 50,000 units during the first year at a price of $4 per unit. With annual overhead costs and operating expenses amounting to $145,000, Jamie expects a profit margin of 20 percent. This margin is 5 percent larger than that of her largest competitor, Apps, Inc.

Answers

Answer:

Accounting costs $145,000

Implicit costs $75,000

Opportunity costs $220,000

Explanation:

What her accounting cost will be during the first year of operation.

Based on the information given we were told that the annual overhead costs and operating expenses amounted to the amount of $145,000 which means that the amount of $145,000 will be the ACCOUNTING COSTS

Her IMPLICIT COSTS will be the amount of $75,000 which is the amount she earn in her current job per year.

Her OPPORTUNITY COSTS be the addition of both her Her accounting cost and implicit costs

Hence,

Opportunity cost=$145,000+$75,000

Opportunity cost=$220,000

What are the safety risks associated with using the Internet? Check all that apply.
encountering inappropriate content
finding incorrect information
getting a computer virus
having your identity stolen
talking privately with your friends

Answers

Answer:

A) Encountering inappropriate content.

C) Getting a computer virus.

D) Having your identity stolen.

The safety risks associated with using the Internet are encountering inappropriate content, getting a computer virus, and having your identity stolen.

With its limitless access to information, the Internet is both a useful tool and a potential threat to safety and security. It's crucial to keep an eye on what a youngster sees, hears, shares, or could be exposed to.

Privacy settings can restrict who can view your child's personal information, such as their name, age, and residence. However, if your child adds someone as a "friend," that person will have access to your child's private information, including, in the case of some devices, their GPS position.

Therefore, the following statements are:

Encountering inappropriate content.Getting a computer virus.Having your identity stolen.

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You read in the financial press that the economy of Finland is sliding into a recession. What will happen in the bond market and the loanable funds market in Finland, ceteris paribus

Answers

Answer:

In the case of Finland, if their economy is sliding into recession, it will create panic and fear among those who purchased bonds from their previous transaction. People will be forced to sell their bonds due to its associated risk attached to it.

The number of people will to sell will force the bond market to crash leading to fall in the prices of the bonds while the loanable funds will increase drastically.

Explanation:

John F. Kennedy believed that a leader should be _____. A. elected B. successful C. a lifelong student D. in the military

Answers

John F. Kennedy believed that a leader should be successful .

He believes that as one is been elected by the people to be their leader, one should have a passionate vision to be successful. Option  b  

What was John F. Kennedy Values for a  Successful  Leadership

John F. Kennedy has  set series of Values and Rules, that can lead us and give us the insight on how to be a Successful leader.

John F. Kennedy,  as the President of the United States, was a high level Charismatic Leader and sets of  Values that should mold any Successful Leader which are

The leader should be able to  guide and  identify the way forward for a better future.A leader should be able to set a high standards what is doing what is need to done at the right time and doing them well.Set high goals and fixed your targetExpress your convictions of value and stick to them.Fight for freedom, rights for the people. Resolve differences.  Create a better future.appreciate others for their contribution.

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economic problem in corona globally ?

Answers

people won’t wear masks

Which of the following are examples of career clusters? Select all that apply.

Answers

Answer:

(1) Agriculture, Food & Natural Resources

(2) Architecture & Construction

(3) Arts, A/V Technology & Communications

(4) Business, Management & Administration

(5) Education & Training

(6) Finance

(7) Government & Public Administration

(8) Health Science

(9) Hospitality & Tourism

(10) Human Services

(11) Information Technology

(12) Law, Public Safety, Corrections & Security

(13) Manufacturing

(14) Marketing, Sales & Service

(15) Science, Technology, Engineering & Mathematics

(16) Transportation, Distribution & Logistics

Explanation:

In the annual report, a major food chain stated that the distribution of daily sales at its detroit stores is known to be bell-shaped, and that 95 percent of all daily sales fell between $19,200 and $36,400. based on this information, what were the mean sales?

Answers

Answer:

$27,800

Explanation:

When a set of data is bell-shaped, the mean will be in the middle. A 95% confidence level means that $19,200 and $36,400 are located at 2 standard deviations from the mean. If you want to determine the mean, you have to add $19,200 + $36,400 = $55,600 and then divide by 2 = $27,800

A customer enters a market order to buy 100 shares of XYZ. The broker-dealer reports the purchase price of 100 shares of XYZ at 27.50 to the customer; shortly after, it is determined that the actual price paid when the order was filled was 28. The customer:______.

Answers

Answer:

The customer have to accept the trade at the amount of $28

Explanation:

Based on the information given we were told that the actual amount the customer paid when the customer order was filled was the amount of $28 and not the amount of $27.50 which was the purchase price given by the broker dealer, Hence based on this we can vividly say that the customer have to accept the trade at the amount of $28 which was the actual amount paid when the order was filled.

Therefore the customer will have to accept the trade at the amount of $28.

Peter must inform his employees that his company will need to let go of employees. Which word would be best for Peter to use when conveying this idea to his employees

Answers

Answer:

a) layoff

Explanation:

These are the options for the question

a. Layoff

b. Rightsizing

c. Streamlining

d. Downsizing

Peter must inform his employees that his company will need to let go of employees. Which word would be best for Peter to use when conveying this idea to his employees

You work for the Parks Department. Read this policy document you received during your new-employee orientation. As used in the document, what is meant by "natural and cultural resources" and what type of context clue helps determine the meaning?

Answers

Answer:

Natural Resources refers to the resources which comes from the nature, as for example, plants, trees, ponds, waterfalls, land area, etc:

Cultural Resources refers to the architecture that comes from history and has to be preserved as part of history.

The policy document received by the new employee would clearly state the importance of preserving the nature and cultural resources in order to attract the people to visit parks and maintain the history at the same time.

The context as provided that one works for the "Park Department" makes it clear that the above definition and meaning of "natural and cultural resources" is correct. As the park department considers the importance of nature along with historic monuments.

Answer:

objects or places of historical significance; example clue

Explanation:

just did the test

A group of underwriters have agreed to engage in a mini-max underwriting for a new issue of equity securities with the issuer of those securities. Which of the following best describes this underwriting agreement?A) A mini-max agreement is a firm underwriting setting a maximum amount the underwriters are willing to purchase from the issuer in the event all shares cannot be sold and a minimum dollar amount of securities the issuer is willing to sell.B) A mini-max agreement is a firm underwriting setting a floor or minimum, which is the least amount the issuer needs to raise in order to move forward with the underwriting, and a ceiling or maximum on the dollar amount of securities the issuer is willing to sell.C) A mini-max agreement is a best-efforts underwriting setting a floor or minimum, which is the least amount the issuer needs to raise in order to move forward with the underwriting, and a ceiling or maximum on the dollar amount of securities the issuer is willing to sell.D) A mini-max agreement is a best-efforts underwriting setting a maximum amount the underwriters are willing to purchase from the issuer in the event all shares cannot be sold and a ceiling or maximum on the dollar amount of securities the issuer is willing to sell.

Answers

Answer:

A) A mini-max agreement is a firm underwriting setting a maximum amount the underwriters are willing to purchase from the issuer in the event all shares cannot be sold and a minimum dollar amount of securities the issuer is willing to sell.

Explanation:

Mini-max agreement is a form of underwriting agreement which happens to be a contract binding between an investment group (probably formed by investment bankers) and corporation that issues new securities.

Which of the following contingency factors will influence whether an organization is more effective with a primarily mechanistic organization design? Group of answer choices Service technology Large size Adaptive culture Innovative strategy

Answers

Answer: adaptive culture

Explanation:

Contingency factors simply describe how the setting of an organization shapes and influences the structural dimension.

The contingency factor that will influence whether an organization is more effective with a primarily mechanistic organization design is the adaptive culture.

Adaptive culture has to do with the expectation of change and the adoption of the changes in an effective manner as this leads to growth, and innovation.

In order to alleviate the effects of bias in employment testing, employers might want to use ________ because they typically do not show racial or ethnic differences.

Answers

Answer: a. tests of conscientiousness

Explanation:

Test that measure conscientiousness essentially check to see if the prospective employee is capable of doing the tasks required of them well and with seriousness. The test will also show if the person is capable of showing the required diligence and care in their roles.

Such tests are free of bias in testing as conscientiousness can be measured evenly across cultures.

Home is a country that produces two goods, pears and cellular phones. Last year, Home produced 450 bushels of pears and 1050 cellular phones. This year it produced 450 bushels of pears and 2000 cellular phones. Given no other information, which of the following events could explain this change?a. Home experienced increased unemployment.b. Home experienced a decline in pear-producing technology.c. Home experienced an improvement in cellular phone-making technology.d. Home experienced a reduction in resources

Answers

Answer:

c. Home experienced an improvement in cellular phone-making technology.

Explanation:

It is the improvement recorded in its technology for phone-making that gave rise to the improved production of cellular phones from last year's 1050 phones to this year's 2000 cellular phones.  This shows an improved productivity of about 90%.  Home did not witness similar improvement in the production of pears as the quantity produced last year was also produced in the current year.

For all the_____the new CEO has received from the press recently, her staff have a decidedly less rosy view of her.

Answers

Answer: encomium/tribute

Explanation:

For all the encomium the new CEO has received from the press recently, her staff have a decidedly less rosy view of her.

One who is showered with encomium or tribute or praise simply means that the boss had been spoken of in high regards and acknowledged for doing something great.

Answer:

A. encomiums

B. tributes

Explanation:

When it is said that someone has a decidedly less rosy view of someone else, it means that they do not like their character or personality.

The new CEO's staff had such a view of her which would imply that they find her character to be somewhat lacking. The sentence was structured in such a way that their views were the opposite of that of the press which would mean that the missing word has something to do with a favorably view of the CEO's character.

Those words could either be encomiums which mean praises or tributes which is essentially the same as encomium.

A company leases trucks and properly classifies the leases as finance leases. The leases have a 10-year term, and the lease calculations were done three years ago when interest rates were lower. Which of the following is the appropriate accounting treatment, if any, for the application of the fair value option to lease transactions?A. Recognize the change to fair value accounting with an unrealized loss in the income statement.B. Leases are not eligible for the fair value option.C. Recognize the change to fair value accounting with an unrealized loss in accumulated other comprehensive income.D. Recognize the change to fair value accounting with a cumulative adjustment to beginning retained earnings.

Answers

Answer:

D. Recognize the change to fair value accounting with a cumulative adjustment to beginning retained earnings.

Explanation:

In the situation whereby the 10 year term of the leased trucks value has adjusted leading to the increase in the interest rate of the lease, the best option would be recognize the change to fair value with its cummulative adjustment to beginning of the retained earnings.

At ICS Inc., a company that deals in software products, employees regularly complain about the lack of clarity regarding the tasks they are required to perform. Often there are two employees working on overlapping tasks, while some tasks are not designated to any employee. Though employees are satisfied with the pay and work culture, this aspect of their work environment has led to a lot of conflict in the workplace. From the information provided, this complaint of the employees can be closely linked to which HR function?
A) compliance with laws
B) analysis and design of work
C) compensation and benefits
D) maintenance of employee relations
E) recruitment and selection

Answers

Answer:

E) recruitment and selection

Explanation:

The human resource department of an organization is responsible for assigning tax to employees after recruitment based on their abilities.

Hence, the human resource team at ICS Inc needs to improve on filling the gaps in the organization or selecting the best employee for a particular job. This role involves providing clarity regarding the tasks employees are required to perform.

A creditor who has a security interest in the debtor's collateral is a ____________. a.secured party b.security agreement c.security interest d.financing statement

Answers

Answer: Secured party

Explanation:

name 10 ways you enjoy corn
(Internally or externally)

Answers

Answer:

How i enjoy corn

Explanation:

 1 I love the flavor it gives out, 2 How you can make different kinds of popcorn like caramel and etc. 3 And how you can just store it in the freezer an it makes it all soft and chewy so people with no teeth can eat it.4 Corn has several health benefits. Because of the high fiber content, it can aid with digestion. It also contains valuable B vitamins, which are important to your overall health. Corn also provides our bodies with essential minerals such as zinc, magnesium, copper, iron and manganese.

The element of the marketing mix that describes a good, service, or idea to satisfy consumers' needs is known as socratic

Answers

Answer:

Product.

Explanation:

A Marketing mix can be defined as the choices about product attributes, distribution strategy, communication strategy, and pricing strategy that a business firm or entity offers its targeted markets.

Generally, a marketing mix is made up of the four (4) Ps;

1. Price.

2. Promotions.

3. Place.

4. Product.

The element of the marketing mix that describes a good, service, or idea to satisfy consumers' needs is known as product.

Hence, product typically refers to the goods and services that gives satisfaction to the customer's needs and wants. They are either tangible or intangible items. Some examples of products are automobile cars, pencils, computers, television, mobile phones etc.

Jill has a property that appraises for $189,000. Her first mortgage rate is 4.75% and her second mortgage rate is 15%. She has decided that she wants to leave her $53,000 first mortgage alone and just refinance the second. She qualifies for an 85% CLTV. Her second mortgage is for $25,000 but she wants cash to finish her basement. She has $81,150 available as cash. What is her new second mortgage loan amount if the closing costs are $1,500 and Jill would like to finance them

Answers

Answer:

The new mortgage loan is $106,150

Explanation:

The computation of the new second mortgage loan is shown below:

But before that determine the maximum loan amount which is

= $189,000 × 85%

= $160,650

Now the second mortgage loan is

= maximum amount - first mortgage - closing cost

= $160,650 - $53,000 - $1,500

= $106,150

Hence, the new mortgage loan is $106,150

Which economic system has the most government control? (Select the best answer.)
A planned economy . A traditional economy . A mixed economy . A market economy​

Answers

Answer:

A planned economy because they know what is going to be put in place at any certain time, so they have the most power. Hope it helps! Please vote Brainliest!

Explanation:

Answer:

A planned economy that is the answer

Final test NEED an answer 50 points Mariana wants to research a career in veterinary medicine. Where could she find accurate and objective information? Check all that apply. She could speak with a career counselor. She could visit the library and check out a book from the career section about veterinarians. She could visit the library and check out a book from the fiction section with a veterinarian in it. She could visit the online site for the US Bureau of Labor and Statistics. She could visit a personal blog site written by a veterinarian.

Answers

Answer:

The first one, the second one, the fourth one. Not the fictional book or the blog.

Mariana wants to research a career in veterinary medicine. She could find accurate and objective information from the following.

She could speak with a career counselor. She could visit the library and check out a book from the career section about veterinarians.She could visit the online site for the US Bureau of Labor and Statistics.

The correct options are A, B, and D.

Why is research important in veterinary medicine?

More than most people realize, veterinary research is the study of animals, particularly their health, disease, and behavior, and it informs and influences a significant portion of our daily lives. The entire food chain benefits from the quality and safety that veterinary research provides.

Researchers in the field of veterinary medicine look for better ways to prevent, identify, and treat issues with both human and animal health. Using carefully bred, raised, and maintained laboratory animals under the guidance of veterinarians, they investigate a variety of diseases, including cancer and cardiovascular disease.

Thus, the ideal selection is options A, B, and D.

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