Answer:
A. It is included as part of government purchases (G)
B. it is included as part of consumption
C. It is included as part of investment
D. Amys father's transaction is not included as part of GDP
Explanation:
Gross domestic product is the sum of all final goods and services produced in an economy within a given period which is usually a year.
GDP calculated using the expenditure approach = Consumption spending by households on durable and non durable good and services + Investment spending by businesses + Government Spending + Net Export
The project in A is being undertaken by The Federal Aviation Administration. So, it qualities as government spending.
Amy gets a new video camera made in the United States is an instance of consumer spending
Van's employer upgrades all of its computer systems using U.S.-made parts is undertaken by a business so it is included in GDP as part of investment spending.
The transaction by Amy's father takes place outside the US, thus, it is not included in the calculation of US 's GDP.
I hope my answer helps you
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
Ending inventory= $5,040
Explanation:
Giving the following information:
Beginning Inventory= 1000 units for $7.20
Mar. 10: Purchase= 600 units for $7.25
Mar. 16: Purchase= 800 units for $7.30
Mar. 23: Purchase= 600 units for $7.35
Marvin sold 2,300 units.
Under the LIFO inventory method, the ending inventory cost is calculated using the first units incorporated to inventory.
Ending inventory in units= total units - units sold
Ending inventory in units= 3,000 - 2,300= 700 units
Ending inventory= 700*7.2= $5,040
Answer:
You can use a drawing software. It usually included without having to download the new one.
Explanation:
Without preparation, you wouldn't have enough time to actually make a good graph or selective image to aid you with the presentation.
One way to handle this is by extending your monitor to a projector and use a drawing program.
The drawing program provide you with the ability to create simple shapes and free-pen tools. So, as you explain your material to the audience, you can draw assisting image to help get your point across. This will be similar to a whieboard that your teacher use to explain material in high school.
That's being said, this method wouldn't be as effective compared to actually making preparation beforehand.
Answer:
Weeks of supply = 4.16 weeks
Explanation:
given data
net income = $20 million
revenue = $60 million
cost of goods sold = $25 million
inventory = $2 million
property, plant, and equipment = $500,000
to find out
how many weeks of supply does the firm hold
solution
we know here that Weeks of supply will be express as
Weeks of supply =
× 52 weeks ....................................1
so put here value we get weeks of supply
Weeks of supply =
× 52 weeks
Weeks of supply = 4.16 weeks