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emmainna [20.7K]
4 years ago
5

Purchases of inventories by A) households and Firms are also counted in investment spending. B) foreign consumers are counter in

investment spending. C) firms are also counted in investment spending. D) firms are not counted in investment spending. E) households are also counted in investment spending
Business
1 answer:
Iteru [2.4K]4 years ago
6 0

Answer:

The answer is C.

Explanation:

Gross Domestic Product is the total market value of all final goods and services produced within a country during a given period of time. It is usually a year.

In calculating, GDP, we have expenditure approach, income approach and value-added approach.

In this question, the expenditure approach will be used to explain the answer to this question.

To calculate GDP using expenditure approach, the formula is:

C + I + G + (X-M)

where C is the consumers' spending

I is the investment spending

G is government spending

X is the exports

M is the imports.

The correct answer is C. firms purchases of inventories is part of investment spending. Firms can purchase raw materials(inventory) and process it into finished goods(inventory). The change in inventory(difference between the closing inventory and opening inventory) is part of the calculation of investment spending.

Households buying inventories(finished goods) is part of consumers' spending and not investment spending.

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Volgvan

Answer:

At its core, problem solving is a methodical four-step process. You may even recall these steps from when you were first introduced to the Scientific Method.

First, you must define the problem. What is its cause? What are the signs there's a problem at all?

Next, you identify various options for solutions. What are some good ideas to solve this?

Then, evaluate your options and choose from among them. What is the best option to solve the problem? What's the easiest option? How should you prioritize?

Finally, implement the chosen solution. Does it solve the problem? Is there another option you need to try?

Explanation:

Creative Problem Solving Techniques

Separate ideation from evaluation. When you brainstorm creative ideas, have a separate time for listing it all down. Focus on generating lots of ideas. Don't prioritize or evaluate them until everything is captured.

Judging will shut it down. Nothing stops the flow of creative ideas faster than judging them on the spot. Wait until the brainstorming is over before you evaluate.

Restate problems as questions. It's easier to entice a group into thinking of creative ideas when challenges are stated as open-ended questions.

Use "Yes and" to expand ideas. Here's one of the basic tenets of improv comedy. It's way too easy to shut down and negate ideas by using the word "but." (i.e. "But I think this is better...") Avoid this at all costs. Instead, expand on what was previously introduced by saying "Yes, and..." to keep ideas flowing and evolving.

7 0
3 years ago
About how many people in the u.s. claim arab ancestry?
jenyasd209 [6]

About three million people in the u.s. claim Arab ancestry

Who are Arabs?

  • A sizable ethnic group, the Arabs are also referred to as the Arab people, and they are mostly found in the Arab world, which includes parts of Western Asia, North Africa, the Horn of Africa, and the western Indian Ocean islands (including the Comoros).
  • A sizable number of Arabs have also emigrated to other parts of the world, including the Americas, Western Europe, Turkey, Indonesia, and Iran.
  • The word "Arab" is often used in modern contexts to describe people who are both speakers of Arabic and members of that ethnic group.
  • Arabs are also referred to as a socio-ethnic group in a source that contrasts Arabs in Europe with other socio-ethnic communities.
  • This contrasts with the more limited conventional meaning, which only refers to the offspring of Arabian tribes.

To learn more about Arab, refer to the following link:

brainly.com/question/7414837

#SPJ4

4 0
2 years ago
On January 1, Year 1, an entity acquires a new machine with an estimated useful life of 20 years for $100,000. The machine has a
goldenfox [79]

Answer:

The answer is $11,500

Explanation:

Depreciation here be done separately or in components.

The formula for depreciation is:

(Cost - residual value) / useful life.

First component:

A new machine for $100,000 and useful life is 20 years.

Depreciation = $100,000/20years

= $5,000

Second component:

An electrical motor for $20,000 and useful life is 5 years.

Depreciation = $20,000/5years

= $4,000

Third component:

Inspection $10,000 and useful life is 4 years.

Depreciation = $10,000/4years

= $2,500

Therefore, the depreciation expense for Year 1 is

=$5,000 + $4,000 + $2,500

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5 0
3 years ago
What is a vision statement
FromTheMoon [43]
A Vision Statement is an aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future.
8 0
3 years ago
Read 2 more answers
At the beginning of the period, the Cutting Department budgeted direct labor of $136,000, direct materials of $156,000 and fixed
sammy [17]

Answer:

A

Explanation:

In this question, we will calculate the appropriate total budget for the department.

We employ a mathematical approach as follows;

direct labor =$136,000

direct material =$156,000

fixed factory overhead = $10,100

total cost will be ---- 136,000 + 156,000+ 10,100 = $302,100 (for 7,000 hrs of production)

the cost of 1 hr of production is 302,100/7,000= $43.16

so in order to extend it to 10,300 we need (10,300-7,000) = 3,300 more hrs of production

3,300 * 43.16 = 142,419

adding this to 302,100 + 142,419 = $444,519

4 0
3 years ago
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