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
xeze [42]
3 years ago
15

1. Raphael pays Better Buy $800 to for a new high-definition television (HDTV) and its installation. He's attracted by Better Bu

y's guarantee that he'll be happy with the new HDTV, or he'll get his money back.
2. Better Buy pays Firedog $650 to install the HDTV
3. Firedog buys hardware worth $50 from The Home Station
Compute contributions to GDP, using the expenditure approach. Assume that The Home Station receives the hardware at no charge and that other costs are zero
Hint: Add the amount of money spent by buyers of final goods and services
Which of the following would be included in the expenditure method of calculating GDP?
1. Raphael spends $800
2. Firedog spends $50
3. Better Buy spends $650
The total contribution to GDP, measured by the expenditure method, is_________
Now use the following table to compute contributions to GDP, employing the resource cost-income approach. In particular, indicate the costs of intermediate goods and the value added at each stage of production Stage of Production
The Home Station Firedog Better Buy Sale Value $50 $650 $800 Cost of Intermediate Goods Resource Cost-Income sale value value added cost of intermediate goods
The contribution to GDP that you found using the expenditure approach corresponds to the sum of the ______ at each stage of production.
Business
1 answer:
dsp733 years ago
8 0

Answer:

A. Raphael spend $800

B.$800

C.VALUE ADDED

Explanation:

A. The amount of $800 is the amount that would be included in the expenditure method reason been that Rapheal used the amount of $800 to pay for a new high-definition television (HDTV) as well as its installation

B. The total contribution to GDP which is measured by the expenditure method, is the amount of $800 calculated as :

The Stages of Production; The Sale Value - The Cost of Intermediate Goods = VALUE ADDED

The Home Station $50 - $0 = $50

Firedog $650 -$50 =$600

Better Buy $800- $650=$150

TOTAL $800

($50+$600+$150)

C.The contribution to GDP that you found using the expenditure approach corresponds to the sum of the VALUE ADDED at each stage of production

You might be interested in
Remo Company and Angelo Inc. are separate companies that operate in the same industry. Following are variable costing income sta
WARRIOR [948]

Answer:

The break-even sales revenue for each company is $82,074 and $240,100 respectively

Explanation:

The computation of the break even point in dollars is shown below

Break even point = (Fixed expenses) ÷ (Profit volume Ratio)  

where,

And, Profit volume ratio = (Contribution margin) ÷ (selling price) × 100

So, for Remo Co. would equal to

= ($131,000) ÷ ($430,000) × 100 = 30.46%

And, for Angela Inc would equal to

= ($240,000) ÷ ($430,000) × 100 = 55.81%

And, the fixed expenses is $25,000 and $134,000

Now put these values to the above formula  

So, the value would equal to  

= (25,000) ÷ (30.46%)  

= $82,074

And, for Angela Inc, it would be

= (134,000) ÷ (55.81%)  

= $240,100

4 0
3 years ago
QUESTION 1<br> To what does tax progressivity refer? (5 points)
galben [10]
Tax progressivity refer to a system in which individuals earn more pay higher taxes.

United States taxation system is considered tax progressive, individuals who earned up to $ 8,375 fell to the 10% tax bracket, meanwhile those who earn more than $ 373,650 fall to the 35 % tax bracket

8 0
3 years ago
Six Sigma Projects are easy to identify. They seek out sources of waste such as overtime and warranty claims; investigate produc
sladkih [1.3K]

Answer: True

Explanation:

Six Sigma projects have eight essential phases which are to; 1. recognize

2. define

3. measure

4. analyze

5. improve

6. control

7. standardize and

8. integrate.

It is a method whose primary objective is improving profit making by improving quality and efficiency standards. Project teams utilising this method want to reduce variability in processes by actively seeking out potential sources of waste especially in overtime and warranty claims.

They also investigate production backlogs or areas in need of more capacity and focus on customer and environmental issues.

7 0
3 years ago
Your parents have made you two offers. The first offer includes annual gifts of $4,000, $4,500, and $5,200 at the end of each of
____ [38]

The minimum amount that you will accept today if you are to select the lump sum offer is $11,324.66.

<h3>What is the present value of the cash flows?</h3>

The minimum amount that you will accept today if you are to select the lump sum offer is known as the present value of the cash flows. Present value is the sum of discounted cash flows.

Present value = ($4000 / 1.097) +  ($4500 / 1.097²) +  ($5200 / 1.097³) = $11,324.66

To learn more about present value, please check: brainly.com/question/26537392

5 0
2 years ago
Which situation best illustrates the role of businesses in the circular flow of<br> goods?
OLEGan [10]

Answer:

A

Explanation:

now am not sure but i think the answer is A

4 0
3 years ago
Read 2 more answers
Other questions:
  • Scientific and technological advancements in a specific industry as well as in society at large are included in which general en
    8·1 answer
  • A decrease in the basis will __________ a long hedger and __________ a short hedger. Group of answer choices hurt; hurt hurt; be
    15·1 answer
  • In a national survey on substancein a national survey on substance abuse commaabuse, modifying 66.4 % with underline66.4% of res
    11·1 answer
  • On January 2, 2020, Warner Co. purchased 40% of Kyle Co.’s outstanding common stock. The carrying amount of Kyle's depreciable a
    11·1 answer
  • * Help you guys please* Would you be willing to pay extra money to use nitrogen in your tires? Explain why or why not
    10·1 answer
  • Aggressive marketing in the context of format wars: a. does not encompass point-of-sales promotion techniques. b. deters early a
    5·1 answer
  • What does the word pusillanimous mean?​
    14·2 answers
  • You are given the following information. Durable good consumption 462 Residential investment 526 Imports 987 Government expendit
    6·1 answer
  • Determine the effective hourly cost, the total annual cost, and the labor burden markup for the Superintendent with the followin
    13·1 answer
  • Developmental tasks: question 1 options: a) always involve children. b) occur at all stages of the life cycle. c) always impede
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!