Answer
The answer of the exercise is attached in a microsof excel document.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
• The value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.
• The variety of goods available to consumers.
• The costs of overfishing and other overly intensive uses of resources
Explanation:
The expenditure method for the calculation of the gross domestic product is when every final goods and services that are bought in the country for a particular period of time are all added together. The expenditure method is made up of the expenditure of the consumer, expenditure of the government spending, investments and the net exports.
For the income approach of calculating GDP, it means that the expenditures for the economy and the income for that particular economy must be equal.
The options that are not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States include the value of babysitting services, when the babysitter is paid in cash and the transaction isn't reported to the government, the variety of goods available to consumers and the costs of overfishing and other overly intensive uses of resources.
It should be noted that Federal government paychecks to soldiers is accounted for in the GDP of a country as this is an expenses for the Federal government.
Answer: C drop in the bucket
Explanation: its the correct answer
I believe the answer is C. my beau is in construction, so I know for a fact that you don't have to have a degree
Answer:
It should be credited at the amount of the fair value at the date when the property is invested in a partnership.
Explanation:
The non cash property should be credited at the amount of its fair value on the date of the investment, so if someone wants to invest their building in a partnership it will be recognized at the fair value decided between the investor and the partnership owners at the date at which it is invested.
