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Inessa [10]
3 years ago
7

In which components of GDP would each of the following items be found? Items (12 items) (Drag and drop into the appropriate area

below) No more items Categories Consumption the purchase of a used couch on Craigslist gambling services provided to tourists by Las Vegas casinos commission paid to E-Trade because they facilitated a stock trade the sale of bolts to Ford to be used on the tires of the vehicles they sell the sale of a song written by a Californian to a customer in Kansas Investment an increase in Apple's inventories of iPads a new tractor purchased by a farmer Government
Business
1 answer:
RSB [31]3 years ago
5 0

Answer:

Given items categorised in 'Consumption / Investment / Government Expenditure / Net Export' components of GDP

Explanation:  

Purchase of used couch on Las Vegas casinos : <u>Not included</u> in GDP, as trade of second hand goods & windfall gains are not included in GDP.  

Commission paid to E-Trade because they facilitated a stock trade : Included in '<u>Consumption</u>', as it commission is a factor payment done for a productive service

T he sale of bolts to Ford to be used on the tires of the vehicles :<u> Not included</u>, as GDP includes only final goods & this is an intermediate good used in production process

The sale of a song written by a Californian to a customer in Kansas : Sale of creative work content within the economy. So, it is included in <u>Consumption</u>

Increase in Apple's inventories of iPads : Inventories are a part of capital stock, so increase in capital stock is included in <u>Investment </u>

Purchase of a new tractor by a farmer : Farmer has added is capital stock, by adding an asset. It comes in <u>Investment</u>.

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The voting age should be lowered? Why?​
marissa [1.9K]

Answer:

This is a two way question.

Explanation:

Voting is a privilege given to adults once they are 18 or older because that is the legal age that you are no longer considered a minor. I do not think children should be able to vote because they are obviously to young to have such responsibility as choosing the best candidates for the job, I do however believe that children and adults should be given the education and knowledge of political stances and parties whenever possible, to provide a higher percentile of average people to vote and actually know what they are voting for. This question is and should be considered a strictly opinionated topic.

6 0
3 years ago
Which of the following statements are true?
Studentka2010 [4]

Answer:

C

Explanation:

A market is a place where goods and services can be exchanged at a predetermined price. A market does not have to be a physical location. With the advent of technology, a market can exist virtually. Money can be used in the exchange of goods or services or goods can be used for the exchange. In the case where goods are used in the exchange, it is known as trade by barter

7 0
3 years ago
Jeff Mommer is starting an environmentally friendly lawn and garden service. One thing thatJeff has worked hard on is determinin
VikaD [51]

Answer:

A) core strategy.

Explanation:

Core strategy is the way a firm competes in relation to other competitors. In determining how business will compete favourably in the market or formulates a vision, mission, and way it differentiates it's products defines the way a company provides unique product that will stand out from those of competitors.

Jeff Mommer determining how his company will compete favourably in the market is the part of business model called core strategy.

3 0
4 years ago
Read 2 more answers
LaRoe Lawns’ inventory increased during the year by $6.7 million. Its accounts payable increased by $6.6 million during the same
timama [110]

Answer:

a. Cash paid to suppliers of merchandise during the reporting period: $44.1 million

b. A summary entry that represents the net effect of merchandise purchases during the reporting period as below:

Dr Cost of goods sold                  44,000,000

Dr Inventory                                   6,700,000

Cr Account Payable                      6,600,00

Cr Cash                                          44,100,000

Explanation:

We have the total amount goods buying from the supplier in the period = Cost of good sold in the period + Difference in the inventory balance of the period = $44 million + $6.7 million = $50.7 million

Thus, the additional amount owed supplier in the period is $50.7 million.

Account Payable increased by 6.6 million, it means that only 44.1 million ( that is, 50.7 million - 6.6 million) is paid during the period.

Thus, the summary will represents: Increase in COGS 44 million ( given); Increase in Inventory 6.7 million (given); Increase in account payable 6.6 million ( given) and Decrease in Cash 44.1 million ( calculated above).

6 0
4 years ago
Carlos owns a chain of retail electronic stores. He is evaluating how he allocates his firm's IMC budget. He receives offers fro
vampirchik [111]

Answer:

Option B is correct

Explanation:

It is a part because it's effect is about improving awareness and changing attitude of the public towards the product or service but not really creating sales so it is viewed as a brand builder and this makes it a part of the whole imc project.

3 0
4 years ago
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