All categories

3 years ago

How does an economist calculate GDP for one year using the expenditure approach?

Business

2 answers:

charle [14.2K]3 years ago

7 0

1) B (goods used in the production of other goods)

2)A (add together all the amounts..)

3)C (the products and income that are not reported..)

4)D (gasoline)

5)C (Real GDP is based on constant prices; nominal GDP is based on the current year's prices)

100%

ryzh [129]3 years ago

6 0

An economist calculates the GDP for one year using the expenditure approach by adding together all the amounts spent on final goods and services. This also includes investments, government consumptions and net exports. The answer to the question would be choice A.

You might be interested in

Question 6 of 10

AlexFokin [52]

Answer:

C. A price reduction that a producer gives to resellers to encourage

them to promote products

Explanation:

bcuz that's what advertising allowance is

3 0

2 years ago

Assume that a 6 percent $500,000 bond with semiannual interest payments and a remaining life of 10 years could be purchased toda

Lesechka [4]

Answer:

I will pay $559,864 for this bond

Explanation:

Coupon payment = $500,000 x 6% = $30,000 annually = $15,000 semiannually

Number of periods = 10 years x 2 = 20 period

Interest Rate = 4.5% = 2.25% semiannually

Price of bond is the present value of future cash flows, to calculate Price of the bond use following formula:

Price of the Bond = C x [ ( 1 - ( 1 + r )^-n ) / r ] + [ F / ( 1 + r )^n ]

Price of the Bond =$15,000 x [ ( 1 - ( 1 + 2.25% )^-20 ) / 2.25% ] + [ $1,000 / ( 1 + 2.25% )^20 ]

Price of the Bond = $15,000 x [ ( 1 - ( 1.0225 )^-20 ) / 0.0225 ] + [ $500,000 / ( 1.0225 )^20 ]

Price of the Bond = $239,455.68 + $320,408.24 = $559,863.92

Price of the Bond = $559,864

4 0

3 years ago

Read 2 more answers

_ occurs when a retail firm invests in and owns a retail operation in a foreign country

ryzh [129]

A direct investment, also known as a foreign direct investment occurs when a retail firm invest in and owns a retail operation in a foreign country.

There are many benefits to a foreign direct investment and that's why a lot of retail firms go this route. A few advantages are: larger growth opportunities, goods sold and serviced around the world, benefits the global economy and the investors.

6 0

3 years ago

On July 1, 2022, Cullumber Co. pays $ 22,400 to Pharoah Insurance Co. for a 4-year insurance contract. Both companies have fisca

Brrunno [24]

Journal Entries in the books of Pharoah Insurance Co are as follows:

Date Account Titles and Explanation Debit Credit

July 1, 2022 Cash $22,400

Unearned Service Revenue $22,400

To record the receipt of payment for insurance contract for 4 years.

Date Account Titles and Explanation Debit Credit

December 31, 2022 Unearned Service Revenue $2,800

Service Revenue $2,800

To record the service revenue earned from July 1, 2022 to December 31, 2022.

Data Analysis:

July 1, 2022 Cash $22,400 Unearned Service Revenue $22,400

December 31, 2022 Unearned Service Revenue $2,800 Service Revenue $2,800 ($22,400 x 6/48)

Thus, only $2,800 is credited to the Service Revenue account for the year ended December 31, 2022.

Learn more on adjusting Unearned Service Revenue at brainly.com/question/14783594

3 0

2 years ago

Last year, Bailey bought a bond for $1,000 that promises to pay $110 a year. This year, a person who buys a bond for $1,000 rece

miv72 [106K]

Answer:

a. $880.

Explanation:

Bailey bought a bond for $1,000 that promises to pay $110 a year.

The interest rate was 110/1000 * 100 = 11%

This year, $1,000 receives $125 a year= 125/1000 * 100 = 12.5%. So, this year the interest rate now rises to 12.5%.

If Bailey were to sell his (old) bond, the price should be 110/12.5% = 110/0.125 = $880.

6 0

2 years ago