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
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.

You might be interested in
If you make a false statement or commit a forgery about your motor vehicle insurance you can be guilty of a ________ degree misd
Vinil7 [7]
<span>If you make a false statement or commit a forgery about your motor vehicle insurance you can be guilty of a  Second Degree Misdemeanor
From the different classes of misdemeanor, a second degree misdemeanor is considered less serious compared to the first degree. The punishment for second-degree misdemeanor will be no more than 2 years</span>
6 0
3 years ago
Read 2 more answers
Home Value Inc., Max Cart Inc., and Nice Necessities Inc. are three consumer-product retailing companies. Their products consist
ruslelena [56]

Answer:

D. Any advantage that one firm has will be short-lived.

Explanation:

With the three firms all producing the same product with similar resources in their production and distribution of their products, any advantage that a firm has over the others if any would not last long at all. This is because each firm is using similar technique in the same location. Hence, there's nothing special about one of the firms over the others.

8 0
3 years ago
The value of an asset is determined by discounting the future cash flows generated by the asset using the:
Nadusha1986 [10]
The value of an asset is determined by discounting the future cash flows generated by the assets using the DISCOUNTED CASH FLOW ANALYSIS. Dis counted cash flow analysis is used to value projects, assets or companies using the concept of the time value of money. This method is used to determine the attractiveness of an investment.
5 0
3 years ago
For a certain good, when price rises from $90 to $95, quantity demanded falls from 90, 000 to 85, 000. The price elasticity of d
77julia77 [94]

Explanation:

get f we CNN y he q CNN y kg dv free q

4 0
4 years ago
When gathering informatin about an industry pay attention to whether it is a growth industry what does this mean
Pavel [41]

Answer:

there are mainly two types of industries that we can identify based on their nature. One is new and growing industries and other is established and mature industries.

when we analyze a particular company in a certain industry or analyzing a particular industry in an economy, we have to understand if it is a new and and growth industry of a matured industry as the growth, volatility and risks in these industry type change rapidly depending on which industry we are looking at.

Growth industries can be simply described as new and industries that did not exist previously.

Explanation:

7 0
3 years ago
Other questions:
  • Blue Company purchased 60 percent ownership of Kelly Corporation in 20X1. On May 10, 20X2, Kelly purchased inventory from Blue f
    10·1 answer
  • During the current year, Martinez Company disposed of two different assets. On January 1, prior to their disposal, the accounts
    5·1 answer
  • On January 1, 2021, G Corporation agreed to grant all its employees two weeks paid vacation each year, with the stipulation that
    15·1 answer
  • A product modification differs from a line extension in that _______. a. the original product does not remain in the line b. it
    8·1 answer
  • Brittany Callihan sold stock (basis of $184,000) to her son, Ridge, for $160,000, the fair market value. a. What are the tax con
    13·1 answer
  • Auto Parts, Inc. is medium-sized company that manufactures auto parts in Buffalo, New York. The company currently loses $40,000
    10·1 answer
  • Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers $ 3,100 Interest on investm
    12·1 answer
  • Under the modern traditional theory, the sovereign may nationalize foreign-owned property only where: a. it is for a public purp
    11·1 answer
  • Analyze Life Force Fitness, Inc.
    9·1 answer
  • The Comparative Market Analysis (CMA) is a tool for licensees; which statement below is correct about the CMA
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!