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DerKrebs [107]
3 years ago
11

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.
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At year end, CurlZ Inc.'s inventory consists of 100 bottles of CleanZ with a cost of $1, and a selling price of $0.80 per bottle
cluponka [151]

Answer:

$1,080

Explanation:

The inventory of Curlz Inc. shall be valued at lower of cost and net realizable value.

In case of CleanZ, since the net realizable value is lower than the cost, therefore the inventory of CleanZ shall be placed at net realizable value which is $0.80 per bottle.

In case of DyeZ , since the net realizable value is higher than the cost, therefore the inventory of DyeZ shall be valued at cost which is $10 per bottle.

Value of CleanZ=100*0.80          $80

Value of DyeZ=100*10                 $1,000

Total value of inventory               $1,080

5 0
3 years ago
Hannah is the ceo of jf corp., a steel manufacturing company. she finds that the market is exhibiting the signs of a maturing ma
fiasKO [112]
In this case, hanna is most likely to provide incentives based on new customer generation. In order to revised the compensation package for her sales employee to adapt to the changing market condition she planning to provide incentives based on new customer generation. The answer in this question is provide incentives based on new customer generation.
3 0
3 years ago
How to work out opening balance?​
vredina [299]

Answer:

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Explanation:

8 0
3 years ago
Read 2 more answers
17-2. Assume that an average firm in the office supply business has a 6% profit margin, a 40% total liabilities/assets ratio, a
S_A_V [24]

Answer:

No it will not, the statement is incorrect.

Explanation:

if the firm is making a profit, then it means it is growing, so we must determine the firm's growth rate:

firm's growth rate = return on assets (ROA) x (1 - dividends paid)

since we are not given ROA, we must calculate it first:

ROA = net profit x asset turnover =  6% x 2 = 12%

now we go back, firm's growth rate = return on assets (ROA) x (1 - dividends paid) = 12% x (1 - 40%) = 12% x 0.6 = 7.2%

The firm can manage to support an annual growth rate of up to 7.2% before it needs to borrow money or issue new stocks.

6 0
3 years ago
Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or
satela [25.4K]

Answer:

1. The mojito Hilary receives

2. The $200 per week that Edison receives working for Little Havana

Explanation:

We are to pick the options that represents a flow from a firm to household.

There is a flow of labor from the household to the firm which results In a flow of goods or wages from the firm to the household.

1. The mojito that Hilary receives gives a flow of goods that is moving from the firm to the household.

2. The $200 per week that Edison is getting for working for Little Havana is a flow of money from the firm to edison for the services he renders at the firm. This here is a flow of money from the firm to the household

7 0
2 years ago
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