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
tatyana61 [14]
2 years ago
13

Categories of expenditures Van and Amy Cho live in Swarthmore, PA. Amy's father, Carlos, lives in Sweden. For each of the follow

ing transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP as part of consumption (C), investment (I), government purchases (G), exports (X), or imports (M). Transaction C I G X M
A. The Federal Aviation Administration expands the runways at Philadelphia International Airport, which is just a few miles from Van and Amy's house.
B. Amy gets a new video camera made in the United States. Van's employer upgrades all of its computer systems using U.S.-made parts.
C. Amy's father in Sweden orders a bottle of Vermont maple syrup from the producer's
Business
1 answer:
Inessa05 [86]2 years ago
8 0

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

You might be interested in
You wish to retire in 10 years, at which time you want to have accumulated enough money to receive an annual annuity of $13,000
nexus9112 [7]

Answer:

Computation of contribution to retirement fund  

Annual payment that the investor wants to receive after retirement = 13000

Number of years after retirement  = 15

Interest rate = 0.11

Value of the fund at 12th year (Use Present Value Formula)  = -93,481.30

Years remaining to retirement = 10

Interest rate = 0.09

Annual contribution upto retirement (Use PMT Formula) = -14,566.27

3 0
3 years ago
Net Games Corporation hires Holley, a minor, to create new customized game software for certain clients. Holley signs a contract
Nuetrik [128]

Answer:

because he was not a big boss voting in his own version and was just about the same questions that he was doing in his first place to help him out

8 0
3 years ago
Evaluating whether or not to go forward with the preparation of a proposal is referred to as the __________.
timofeeve [1]

A. Bid/no bid decision

A "bid" is what contractors call their proposals, and in some cases it will not be worth it to even submit a proposal on a job. The stage where contractors decide if it is worth it is called bid/no-bid.

8 0
3 years ago
Newsome Inc. buys on terms of 3/15, net 45. It does not take the discount, and it generally pays after 60 days. What is the nomi
gogolik [260]

Answer:

16.22%

Explanation:

3/15, net 45 means that if Newsome pays within 15 days, it will get discount of 3%, otherwise it can pay within 45 days in full.

Nominal annual percentage cost of  non-free trade credit based on 365 days can be calculated using the below formula:

Discount %/(100%-Discount %)*(365/(Actual credit days – Discount days))

In this case

Discount%=2%

Actual credit days=60

Discount period=15

Cost of non- free credit=2%/(100%-2%)*(365/(60-15)

                                       =2%/98%*(365/45)

                                       =0.02*8.11

                                       =16.22%

5 0
3 years ago
Using _____ information will help you determine whether an industry is expected to increase employment.
zhuklara [117]
Career outlook is the correct answer
3 0
3 years ago
Read 2 more answers
Other questions:
  • Kristina is working at a job that she finds boring and unmotivating. one day she initiates a search for a new job. what kind of
    5·2 answers
  • According to maslow, the authority and responsibility of an effective manager focuses upon which level of needs?
    13·1 answer
  • What is the problem with paying only your minimum credit card balance each month?
    13·1 answer
  • Recently the corporate tax law in the U.S. changed so that firms that previously faced a marginal tax rate of close to 40% now p
    6·1 answer
  • A theater group made appearances in two cities. The hotel charge before tax in the second city was $500 lower than in the first.
    5·1 answer
  • Ou have $11,122.76 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until yo
    13·1 answer
  • When you state a business rule that pertains to your​ organization, such as​ "at my​ university, a student may declare only one
    11·1 answer
  • When Red Arc Enterprises, a shipping company was merged with a larger shipping company, there was a strong resistance to change
    15·1 answer
  • Consider the following statements about the step-down method of service department cost allocation: I. Under the step-down metho
    5·1 answer
  • NEED HELP ASAP, WILL GIVE BRAINLIEST
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!