1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
PSYCHO15rus [73]
3 years ago
6

Discuss whether the following are included in the GDP: 1) Tires Ford buys to put on a car. 2) A used tire you buy for your perso

nal car. 3) A new tire you buy for your personal car. 4) The value of a car produced in the United States and exported to England. 5) The profit earned in 2004 sale of a house you purchased in 2001. 6) The commission earned by an employment counselor when she locates a job for a client.
Business
1 answer:
AVprozaik [17]3 years ago
5 0

Answer:

1) Tires Ford buys to put on a car. - Included in GDP assuming that the tires are new, and produced domestically.

2) A used tire you buy for your personal car. - Not included because purchases of used goods are not part of GDP (they were produced in previous years, hence, were already calculated in a previous GDP).

3) A new tire you buy for your personal car. - Included in GDP because the tires are new.

4) The value of a car produced in the United States and exported to England.  - Included in the U.S. GDP and excluded from the British GDP.

5) The profit earned in 2004 sale of a house you purchased in 2001. - Not a part of GDP because the house was built in 2001, thus, its value is already part of the 2001 GDP.

6) The commission earned by an employment counselor when she locates a job for a client. - Commission is included in wages, one of the elements of GDP, therefore, they are included.

You might be interested in
The primary objective of growth mutual funds is capital appreciation with a high level of current income.
GenaCL600 [577]

The primary objective of growth mutual funds is capital appreciation with a high level of current income.

This statement is False.

A mutual fund is an investment vehicle that is professionally managed and collects money from a number of investors to buy securities.

The phrase is frequently used in the US, Canada, and India, while other countries with comparable arrangements include the UK's SICAV in Europe.

The primary investments of mutual funds are frequently categorized as money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds.

Alternatively, funds can be characterized as actively managed funds, which aim to outperform stock market indices but typically charge higher fees, or index funds, which are passively managed funds that follow the performance of an index, such as a stock market index or bond market index.

Unit investment, closed-end funds, and open-end funds are the three main types of mutual funds.

Learn more about mutual funds here

brainly.com/question/9965923

#SPJ4

8 0
1 year ago
Suppose the hot sauce firm cannot reduce the externality without reducing costs. What is a possible next step the government cou
Makovka662 [10]

Create a limit on the maximum no. of bottles the firm can make,

The required details about externality is mentioned in below paragraph.

<h3>How Do Externalities Work?</h3>

An externality is a cost or benefit a producer generates but does not personally bear or receive. An externality can result from the creation or consumption of a good or service and can be both positive and negative.

Externalities happen when creating or consuming a good has an effect on parties who are not involved in the transaction directly. Externalities can be either good or bad. They can result from either production or consumption as well. For instance, simply entering a city center will increase the pollution and traffic for individuals who live there.

to learn about  externality here-

brainly.com/question/24258985

#SPJ4

8 0
1 year ago
A company purchased factory equipment on June 1, 2021, for $173000. It is estimated that the equipment will have a $8600 salvage
Mandarinka [93]

The amount to be recorded as depreciation expense on December 31, 2021, is (B) $9,590.

<h3>What is depreciation expense?</h3>
  • Depreciation expense is the cost of a depreciated asset for a specific period, and it reveals how much of the asset's value was used up in that year.
  • Accumulated depreciation is the entire amount of depreciation expense given to an asset since it was placed in service.
  • A business spends $84,000 on new display racks with a useful life of 7 years (84 months) and no residual value.
  • The corporation would most likely choose a straight-line depreciation technique, which would result in a $1,000 monthly depreciation expenditure ($84,000/84 months = $1,000 per month).

The straight-line technique of calculating depreciation expense is given below:

  • = (Original cost - salvage value) ÷ (useful life)
  • = ($173,000 - $8,600) ÷ (10 years)
  • = ($164,400,000) ÷ (10 years)  
  • = $16,440

In this method, the depreciation is the same for all the remaining useful life.

Now for the 7 months, the depreciation expense would be:

  • = $16,440 × 7 months÷ 12 months
  • = $9,590

Therefore, the amount to be recorded as depreciation expense on December 31, 2021, is (B) $9,590.

Know more about depreciation expenses here:

brainly.com/question/25785586

#SPJ4

The correct question is given below:

A company purchased factory equipment on June 1, 2021, for $173000. It is estimated that the equipment will have a $8600 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2021, is ______.

(A) $16440.

(B)$9590.

(C)$8220.

(D)$6850.

7 0
1 year ago
If a product concept is explained and described to a small number of
otez555 [7]
Usually D.) Focus Group

They are a small group of people who will review and give feedback on a test product. The other alternative (B, sample audience) is for when the product is usually already in its earl development stage. (Not a prototype)
4 0
2 years ago
1. 9.4. For process scheduling, does a low-priority value represent a low priority or a high priority?
sergeinik [125]

Answer:

Priority programming is a process programming method based on priority. In this technique, the developer chooses the tasks to work according to priority, which is different from other types of programming, for example, a simple round-robin.

On UNIX and many other systems, higher priority values represent lower priority processes. Some of the systems, such as Windows, use the opposite convention: a higher number means a higher priority

Explanation:

Priorities can be dynamic or static. Static priorities are assigned during creation, while dynamic priorities are assigned according to the behavior of the processes while they are in the system. To illustrate, the planner could favor intensive input / output (I / O) tasks, allowing expensive requests to be issued as soon as possible.

Priorities can be defined internally or externally. Internally defined priorities make use of a measurable amount to calculate the priority of a given process. On the contrary, external priorities are defined using criteria beyond the operating system (OS), which may include the importance of the process, the type and sum of the resources used for the use of the computer, user preferences , trade and other factors such as politics etc.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Fifo is preferred when purchase costs are rising and managers have incentives to report higher income for reasons such as bonus
    15·1 answer
  • BUSINE
    6·1 answer
  • A company is trying to decide whether to go ahead with an investment opportunity that costs $90,000. The expected incremental ca
    10·1 answer
  • 2. Discuss how the factors that affect the promotional mix affect how Pepe’s promotes its various locations: Nature of the produ
    12·1 answer
  • Which of the following statements is CORRECT? a. If two firms differ only in their use of debt—i.e., they have identical assets,
    10·1 answer
  • The following information is available from the land account: Opening balance $270,000 Sold for $200,000 cash 170,000 credit ent
    14·1 answer
  • 2. What item is a retail product?
    7·2 answers
  • Company ABC acquires company XYZ on 12/31/2016 in a share-for-share transaction worth $10 million. On 12/31/2016, XYZ financial
    5·1 answer
  • PLEASE HELP!!!
    8·1 answer
  • Name the blue-shaded parts as a mixed number.<br> A) 2 2/3<br> B) 3 2/3<br> C) 2 2/9<br> D) 3 2/9
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!