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
Sliva [168]
3 years ago
8

Categorize each statements as a component of Gross Domestic Product (GDP): consumption, investment, government, or net exports.

If it is not included in GDP, leave it.
i. Consumption
ii. Investment
iii. Goverment
iv. Net exports

a. A domestically manufactured
b. 55 cent tacos
c. Government welfare payments
d. The purchase of company stock
e. Personal computer
f. A ticket to a local sporting event
g. babysitting paid for in cash and unreported
h. A public school teacher's salary.
i. A domestically manufactured business computer.
k. ice cream
l. an exported dollhouse
m. cab fare for personal use
Business
1 answer:
Natasha2012 [34]3 years ago
7 0

Answer:

-Consumption: ice cream, a domestically manufactured personal computer, cab fare for personal use, 55 cent tacos, A super bowl ticket bought new from the NFL

- Investments: A domestically manufactured business computer

-Government: A public school teacher

-Net Exports: An exported doll house

Explanation:

Gross Domestic Product is the market value of goods and services produced locally within a given period. GDP includes goods and services produced during a particular time interval. In the past, bargains for products produced are not reflected in GDP. Usually this interval is years or quarters.

Consumption contains produced goods and services. It is used by people to meet their needs and wishes. In the Keynesian economy, consumption means individual consumption expenditure and is indicated by the consumption function. The most important part of the consumption function is the marginal consumption trend. MPC shows what percentage of each new income earned is used for consumption expenditures.

Public expenditure, in economy, indicates the complex of money of public origin that is used by the State in public goods and / or public services aimed at pursuing public purposes, regardless of the nature (public or private) of the obligation that is the title . These are therefore the exits by the state and therefore an item of liabilities within the state budget, the coverage of which is necessarily entrusted to taxation on taxpaying citizens or public debt. Otherwise, the repercussions are of an inflation or devaluation type, depending on the domestic or foreign destination of the capital.

Trade balance (Trade deficit) or Net Export is the balance of trade (export, import) of one country (with other countries). Based on this, the Trade Balance (Foreign Trade Balance) is the relationship between exports and imports. If the country's exports are greater than the import, net exports will be greater than 0, and in this case, the country's foreign trade balance will increase (a positive balance). In a word, the trade balance is positive. Otherwise, net exports will be less than 0 if the country exports are smaller than imports. In this case, the country will have a foreign trade deficit. In other words, the trade balance will be negative. The negative trade balance also indicates that the country needs foreign products in addition to its own products.

You might be interested in
"tractor is a modern tool of agriculture".justify this statement with suitable example​
Elenna [48]

Answer:

Tractors are the king among different farm equipment. They are the main workhorse of any modern farm. They provide the power and traction necessary to mechanize agricultural tasks. ... There are different types of tractors in the market, varying in size and capacity.

Explanation:

3 0
2 years ago
A first step when considering a career is to________.
Aleonysh [2.5K]
Your answer will d.have to know ypur interest
5 0
3 years ago
Read 2 more answers
Coronado Company had the following department information for the month: Total materials costs $55000 Equivalent units of materi
aniked [119]

Answer:

10.9 per unit

Explanation:

Total manufacturing cost per unit= Material cost per unit + Conversion cost per unit

Material Cost per Unit= Total materials cos / Equivalent units of materials

Material cost per unit = 55000 / 10000 = 5.5

Conversion cost per unit = Total conversion costs / Equivalent units of conversion costs

Conversion cost per unit = 81,000 / 15000 = 5.4

Hence, Total manufacturing cost per unit = 5.5 +5.4 = 10.9 per unit

7 0
3 years ago
T or F #2 ASAP<br> One reason for placing a tariff on imports is to increase imports.
frozen [14]

Answer:

False

hope that helps uhh !!!

6 0
3 years ago
Baldwin has negotiated a new labor contract for the next round that will affect the cost for their product Best. Labor costs wil
kkurt [141]
The answer with me d
8 0
1 year ago
Other questions:
  • (8 points) Portland and Aleland are two identical countries. Beer manufacturers in each country compete under monopolistic compe
    10·1 answer
  • ( WILL GIVE BRAINLIEST!!!) Type the correct answer in the box. Spell all words correctly.
    6·1 answer
  • On june 30, 20x1, after paying the semiannual interest due and recording amortization of bond discount, hake redeemed its 15-yea
    10·1 answer
  • John gets a job with a large firm that audits small businesses. while working there, he becomes friends with dave, who invites h
    6·1 answer
  • Variable Costing
    8·1 answer
  • When artists pass away, the supply of their paintings most likely becomes?
    8·2 answers
  • Name a product or a company that you are familiar with. Discuss how environmental forces (social, economic, technological, compe
    8·1 answer
  • March 15 current year: Erin created a new inventory item named Birdbath April 20 current year: Erin bought 80 bags of mulch for
    10·1 answer
  • The negative relationship between the quantity of a good, service, or resource and the marginal utility obtained from each addit
    8·1 answer
  • choose the correct term for each of the following descriptions. expenditure on research and development
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!