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nata0808 [166]
3 years ago
14

For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP

as part of consumption (C), investment (I), government purchases (G), exports (X), or imports (M). Check all that apply.Transaction C |I |G| X |M|The Federal Aviation Administration expands the runways at Philadelphia International Airport, which is just a few miles from Antonio and Caroline's house.Dmitri buys a new set of tools to use in his plumbing business.Caroline buys a new BMW, which was assembled in Germany.Antonio's employer assigns him to provide consulting services to an Australian firm that's opening a manufacturing facility in China.Caroline gets a haircut.
Business
1 answer:
irga5000 [103]3 years ago
4 0

Answer:

The given transactions categorised as being parts of C / I / G / X - M, from GDP

Explanation:

Federal Aviation Administration expands the runways at Philadelphia International Airport, which is just a few miles from Antonio and Caroline's house : Government Purchase

Dmitri buys a new set of tools to use in his plumbing business : Investment

Caroline buys a new BMW, which was assembled in Germany : Imports

Antonio's employer assigns him to provide consulting services to an Australian firm that's opening a manufacturing facility in China : Export

Caroline gets a haircut : Consumption

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Between April 12, 2008, and April 12, 2013, the price of a U.S. postage stamp increased from $0.41 to $0.46. The price of a U.S.
torisob [31]

Answer:

The price of a U.S. postage stamp has increased 10% in terms of Japanese yen and 44% in terms of British pounds.

Explanation:

The exact question is as follows :

To find - Between April 12, 2008, and April 12, 2013, the price of a U.S. postage stamp increased from $0.41 to $0.46. The price of a U.S. postage stamp has increased approximately ____________ in terms of Japanese yen and _____________ in terms of British pounds.

Solution -

Given that,

postage stamp increased from $0.41 to $0.46

Now,

From the table, we can find that,

For, April 12, 2008

1$ = 0.5069 £

1$ = 101.54 ¥

And

For April 12, 2013

1$ = 0.6510 £

1$ = 99.62 ¥

Now,

We have -

1$ = 0.5069 £

⇒$0.41 =  0.207829 £

and

1$ = 0.6510 £

⇒$0.46 = 0.29946 £

So,

Change = (0.29946 - 0.207829)/ (0.207829) × 100 %

             = 44%

∴ we get

The price of a U.S. postage stamp has increased 44% in terms of British pounds.

Now,

Similarly, we do for Japanese Yen

We have -

1$ = 101.54 ¥

⇒0.41$ = 41.6314 ¥

And

1$ = 99.62 ¥

⇒0.46$ = 45.8252 ¥

So,

Change = (45.8252 - 41.6314)/ 45.8252 × 100 %

             = 10%

∴ we get

The price of a U.S. postage stamp has increased 10% in terms of Japanese yen.

6 0
3 years ago
Warranty Costs Milford Company sells a motor that carries a three-month unconditional warranty against product failure. Based on
Yanka [14]

Answer and Explanation:

The computation of the estimated liability and the journal entry is given below:

But before that following calculations need to be done

The Estimated defective units is

= 70,000 × 4%

= 2,800 units

the actual defective units is

= 460 + 350 + 210

= 1,020 units

The no of unclaimed units is

= 2,800 - 1,020

= 1,780 units

Now the warranty expense is

= 1,780 units × $60 per unit

= $106,800

Now the journal entry is given below:

Product warranty expense Dr $106,800

    To Estimated liability  $106,800

(Being estimated liability is recorded)

6 0
3 years ago
Britt is a member of an environmental activist organization and has helped organize peaceful protests on campus. She is deeply i
larisa [96]

Answer:

Rebel

Explanation:

Burton Clark and Martin Trow, the two sociologists described about the four types of college subcultures.

1) Collegiate

2) Academic

3) Vocational

4) Rebel

Britt has all the characteristics of Rebel subculture, that is being deeply involved with ideas from the classroom and wider society of art, literature, and politics. They are aggressive nonconformism, and find critical detachment from the college they attend and from its faculty like Britt consider her professors ideas as outdated.

8 0
3 years ago
Employees and customers are treated like a family at State Street Coffee House. Jason and Jill, the owners, work to encourage un
Anna007 [38]

Answer:

Clan culture

Explanation:

The word "clan" refers to a group of people who belong to the same family.

Clan culture in organizational context, refers to treating employees and customers as if they form part of a family.

Such a culture is driven by common agreement and goals and carrying on similar values and beliefs.

In the given case, at the coffee house, the owners aim for group unity and employees customers alike are treated as if they represent one family. This indicates clan culture being followed at State Street Coffee.  

4 0
3 years ago
A great deal of attention has been given to the decentralization of modern work organizations, but recent thinking suggests that
Paraphin [41]

Answer and explanation:

There is a company that alleges having <em>no management, no bosses </em>or<em> hierarchical organization</em>. Its name is Valve Corporation. This company has estimated equity if $2.5 billion thanks to the development of worldwide-known videogames such as "<em>Half-Life</em>", "<em>Dota 2</em>", and "<em>Left 4 Dead</em>".  

Though, former employees of the firm have revealed that there is an inner powerful management structure in the company that has strict guidelines at the moment of hiring and laying off workers.

6 0
3 years ago
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