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Jet001 [13]
3 years ago
12

Charles and Dina Bloom live in Swarthmore, PA. Dina's father, Gilberto, lives in Sweden. 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 Dina's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. __Charles's employer upgrades all of its computer systems using U.S.-made parts. __The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. __Dina gets a new video camera made in the United States. __Charles buys a bottle of Italian wine.
Business
1 answer:
Reil [10]3 years ago
3 0

Answer:

Dina's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. EXPORT

Charles's employer upgrades all of its computer systems using U.S.-made parts. INVESTMENT

The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. GOVERNMENT PURCHASE

Dina gets a new video camera made in the United States. CONSUMPTION

Charles buys a bottle of Italian wine. IMPORT

Explanation:

The first example shows Dina's father consuming an US product. From the point of view of the US, this is an export. In order for Gilberto to consume a US product in Sweden, it had to be exported beforehand.

The second example shows typical investment. Charles's employer invested funds to improve his machinery in the company. This is a part of GDP that is crucial for the future prosperity of the US economy.

The third example shows the government upgrading US infrastructure. Therefore, it is a government purchase. This part of GDP usually improves public goods and infrastructure.

The fourth example shows a US resident consuming a US produced good. Therefore, it is an example of consumption, since the good does not come from a foreign country.

The last example is an example of import, since Charles uses a product that comes from a foreign country.

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5 0
3 years ago
During its first year of operations, puffin, incorporated reported sales revenue of $388,200 but only collected $308,000 in cash
sp2606 [1]

During its first year of operations, puffin incorporated reported sales revenue of $388,200 but only collected $308,000 in cash from customers. at the end of the year, accounts receivable equals:$80200.

Annual revenue is the amount of money your business earns from sales in a year. This does not include costs and expenses. To calculate annual sales, multiply the quantity of each product sold by the selling price, then add the annual sales for each product to arrive at the total annual sales.

A legal entity is an entity that exists legally separate from its owners, managers, operators, employees, and agents. Legal entities have the same powers as individuals, including the right to own and dispose of property, the power to sue and be sued, and the power to contract for a profit. A business example is an agriculture. An example transaction is a home sale.

Learn more about revenue  here

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8 0
1 year ago
Which statement would be MOST important to include in a summary of the section "Karl Marx"? Marx theorized that capitalists woul
TEA [102]

The most important claim about Karl Marx would be the theorizing that capitalists would try to get more work from people for less pay.

<h3 /><h3>Who was Karl Marx?</h3>

He was a German philosopher who developed the foundations of communism, a system that criticized capitalism and its doctrines. His most prominent theories are about the transition to communism, the class struggle, the Marxist theory of ideology and surplus value.

Therefore, the correct option for the question refers to surplus value, which was defined for Karl Marx as the difference between the value of the work produced by employees and their salary paid. For him, the surplus value is the work produced and not paid, being a condition of exploration of the capitalist system.

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5 0
1 year ago
At year​ end, Rebos​ Company's financial statements showed sales of​ $820 million, net income of​ $425 million, total assets of​
Dafna11 [192]

Answer:

total sales $820 million

net income $425 million

total assets $750 million

total liabilities $735

1.2 million outstanding common stocks

an offer was made to buy their assets at $742.5 million

<u>company's book value per share:</u>

= (total assets - total liabilities) / total number of outstanding common stocks

= ($750,000,000 - $735,000,000) / 1,200,000 = $12.50 per stock

<u>company's liquidation value per share:</u>

= (total offer - total liabilities) / total number of outstanding common stocks

= ($742,500,000 - $735,000,000) / 1,200,000 = $6.25 per stock

4 0
3 years ago
The three types of scaffolds are ________________.
Damm [24]

Answer:

The answer is d: supported, suspended, and aerial lift trucks

Explanation:

An elevated temporary work platform is called a scaffold. Scaffolds can be divided into two categories:

Supported scaffolds are made up of one or more platforms that are held up by rigid parts like, for example, poles, frames and legs.

The scaffolds that hang from ropes or another pliable, above support, consisting of one or more platforms are suspended scaffolds

Aerial lifts, in particular, can be thought of as different kinds of supported scaffolds.

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