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
Question 1 of 10
Lisa [10]

C. price index

is the correct answer to the questions

Question 1 of 10

A. is a measure of change in the prices of goods from one period to

another

A. sanction

B. quota

оо O

C. price index

D. subsidy

SUBMIT

3 0
3 years ago
Read 2 more answers
Company A purchases Company B. This is a 100% equity purchase which means that Company A acquires all of the Company B assets an
Drupady [299]

Answer:

Company A and Company B

Calculation of Goodwill on Acquisition:

= $212,433

Explanation:

a) Current market value of:

 Tangible physical assets = $1,234,567

  Intangible asset =                 $125,000

Total assets' value =            $1,359,567

less Liabilities:

  Operating =  $160,000

  Financial =     600,000      ($760,000)

Net value of assets =             $599,567

Purchase Price (Company B) $812,000

Goodwill                                  $212,433

b) Company A acquired Goodwill when it bought over Company B.  This is an intangible asset which is calculated by subtracting the net value of assets (the difference between the fair market value of the assets and liabilities) from the purchase price of the acquired subsidiary.

3 0
3 years ago
Admire County Bank agrees to lend Givens Brick Company $300,000 on January 1. Givens Brick Company signs a $300,000, 8%, 9-month
Harlamova29_29 [7]

Answer:

The correct option is C.

Cash A/c Dr       $300,000

   To Notes Payable      $300,000

(Being notes payable issued)

Explanation:

As brick company has sign a $300,000 note which consist 7% interest rate and the duration of note is 9 month on January 1

The question has asked the journal entry on January 1 date.

So, the journal entry is

Cash A/c Dr       $300,000

   To Notes Payable      $300,000

(Being notes payable issued)

The interest part should be ignored because in the question they asked the journal entry of January 1 not in the end of the month. According to the date of asking the journal entry, the amount is to be calculated. Thus, interest should not be considered.

Hence, the correct option is C.

Cash A/c Dr       $300,000

   To Notes Payable      $300,000

(Being notes payable issued)

5 0
3 years ago
Need help on some questions.. anyone....?
zalisa [80]

8) The to field

9) Procrastinating

10) to arrive at a resolution

5 0
3 years ago
Read 2 more answers
Recently, some college alumni started a moving service for students living on campus. They have 3 employees and are debating hir
SVETLANKA909090 [29]

Answer: a. 2

b. $200

c. Should not

Explanation:

a. The new employee's marginal product of labor is ______.

This will be:

= 5 - 3

= 2 moving jobs

b. The value of that marginal product is ______..

Since the company charges $100 for a moving job, the value of the marginal product will be:

= 2 × $100

= $200

c. The moving service should moving jobs ______- hire another worker

Marginal cost of moving 2 jobs will be:

= $30 × 4 × 2

= $240

Since the marginal cost is more than the marginal product, the company should not hire another worker.

5 0
3 years ago
Other questions:
  • Hampton Corporation has a beta of 1.3 and a marginal tax rate of 34%. The expected return on the market is 11% and the risk-free
    14·1 answer
  • Brief Exercise 24-2 Hsung Company accumulates the following data concerning a proposed capital investment: cash cost $216,758, n
    14·1 answer
  • At December​ 31, 2018​, Wave Corporation has cash of $ 50 ​million, accounts receivable of $ 19 ​million, and​ long-term assets
    5·2 answers
  • McGregor Company allows customers to pay with credit cards. The credit card company charges McGregor 3% of the sale. When a cust
    14·1 answer
  • Why should workplaces offer opportunities for advancement? Should this apply to every employee?
    10·1 answer
  • The decedent and her only child were involved in a plane crash. Neither was alive when the emergency team reached them. The chil
    12·1 answer
  • Until recently you worked as an accountant earning $55,000 annually. Then you inherited a piece of commercial real estate bringi
    10·1 answer
  • A company is about to begin production of a new product. The manager of the department that will produce one of the components f
    8·1 answer
  • The European Union and the United States are trading partners. (a) If the current account balance is zero, will an increase in U
    12·1 answer
  • The intended audience for the memo is___________.The tone of the memo should be________.Finally, the purpose of the memo is_____
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!