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Serhud [2]
2 years ago
14

Assume that a tire company sells 4 tires to an automobile company for $400, another company sells a compact disc player for $500

, and the automobile company puts all of these items in or on a car that it sells for $20,000. In this case, the amount from these transactions that should be counted in GDP is: A) $20,000. B) $20,000 less the automobile company's profit on the car. C) $20,900. D) $20,900 less the profits of all three companies on the items that they sold.
Business
1 answer:
gtnhenbr [62]2 years ago
3 0

Answer:

A) $20,000

Explanation:

Gross domestic product is the total sum of 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 + Investment spending by businesses + Government spending + Net export

Net export = exports – imports

Items not included in the calculation off GDP includes:  

1. services not rendered to oneself

2. Activities not reported to the government  

3. illegal activities

4. sale or purchase of used products

5. sale or purchase of intermediate products

The stereo and the tires wont be included in GDP because they are intermediate goods. It is only the final good, the car, that would be included in GDP

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Nick and Matt are the partners in a local health food store. They
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a. The amount that each invested is: Nick $21,900; Matt $51,100.

b. Percent of the business owned by Matt is 70%.

a. Amount invested by each

First step is to calculate the total parts

Total parts=3x + 7x

Total parts=10x

Second step is to calculate the cost per part(x)

Cost per part(x)=73,000/10

Cost per part(x)=7,300

Third step is to calculate the money invested by Nick and Matt

Money invested by Nick=3x

Money invested by Nick=3×7,300

Money invested by Nick=$21,900

Money invested by Matt=7x

Money invested by Matt=7×7,300

Money invested by Matt=$51,100

 

b. Percent owned by Matt

Using this formula

Percent owned by Matt =Part owned by matt/Total part

Let plug in the formula

Percent owned by Matt =7x/(3x+7x)

Percent owned by Matt=7x/10x

Percent owned by Matt=0.7×100

Percent owned by Matt =70%

Inconclusion the amount that each invested is Nick $21,900; Matt $51,100 and the  percent of the business owned by Matt is 70%.

Learn more here:

brainly.com/question/17250642

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When a wealthy individual invests his or her own money into a business project or start-up company with little intention to infl
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This hands-off approach in investments tend to be reall risky. But Angel investors tend to be wealthy enough to the point where they can afford the financial blow back even if a couple of their start up investments fail.

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