Contributed to us gdp from all these transactions

Assignment Help Business Economics
Reference no: EM13851285

Santiago is from Spain but lives in Texas. Ryan is from England but he lives in Arizona. A car dealer in Texas buys a new BMW from a BMW factory in Arizona for $51,567 and later sells the new BMW to the final buyer, who is Santiago for $75,120. Later that same year, Santiago sells the now used BMW to Ryan in Arizona for $59,435. How much was contributed to US GDP from all these transactions?

Reference no: EM13851285

Questions Cloud

Demand for fava beans is very elastic or very inelastic : A storm destroys half the fava bean crop. Is this event more likely to hurt fava bean farmers if the demand for fava beans is very elastic or very inelastic?
Demand and supply balance : Draw the supply and demand curve. What is the equilibrium price and equilibrium quantity? What is going to happen to the equilibrium price and equilibrium quantity if a draught is going to destroy the coffee harvest in Brazil, one of the largest coff..
Should the government encourage long term planning : What do temporary changes in the tax code do for incentives? Does this encourage long term planning? Should the government encourage long term planning? Should the Government use tax policy to change behavior?
What was the change in inventories : At the end of 2012 the prestigious Rolex watch manufacturer had in inventory of watches worth $725 dollars. In 2013, Rolex produced $333 worth of watches and sold $260. What was the change in inventories in 2013? (hint: careful with the signs, rememb..
Contributed to us gdp from all these transactions : Santiago is from Spain but lives in Texas. Ryan is from England but he lives in Arizona. A car dealer in Texas buys a new BMW from a BMW factory in Arizona for $51,567 and later sells the new BMW to the final buyer, who is Santiago for $75,120. Later..
What was government spending : In the economy of Qonos in 2067 exports were $670, GDP was $8,652, imports were $1,281, investment was $1,544 and consumption was $2,325. What was Qonos's government spending in 2067?
Which can analysis the use cost volume profit : Which of the following can use cost/volume/profit (CVP) analysis? Income taxes have the following effect on the breakeven point calculation.
Gdp from the previously mentioned transactions : In 2013, the furniture store PB produced 10 mahogany desks. One of them is sold to Jeanine for $3,259, later that same year Jeanine sold the desk to Pamela for $1,802. The remaining desks were not sold to anyone that year and stay in PB's inventory a..
Critically analyzing key features of our national government : conclude the process of critically analyzing key features of our national government

Reviews

Write a Review

 

Business Economics Questions & Answers

  Economic decisions made by the managers

Typical economic decisions made by the managers of a firm .determine and explain which basic economic problem: of what, how, and for whom

  Goods where the price of apples is always

Consider a consumer with $10 to spend on these 2 goods where the price of apples is always $2 every.

  Three main facts indicate that microsoft

Three main facts indicate that Microsoft enjoys monopoly power. First, Microsoft's share of the market for Intel-compatible PC operating system is extremely large and stable. Second, Microsoft's dominant market share is protected by high barrier to e..

  Qceo of the cola king bottling company is hero nakamura it

q.ceo of the cola king bottling company is hero nakamura it is a small regional producer operating in the pacific

  Explain what productivity and standard of living mean

Why is productivity related to the standard of living. In your answer be sure to explain what productivity and standard of living mean. Make a list of things that determine labor productivity.

  Entrepreneurship and capital venturing

Describe the Schumpeterian notion of "creative destruction"

  What you suggest alternative ways to ensure import supplies

Suppose we refused to sell goods to any country that reduced or halted its exports to us. Who would benefit and who would lose from such retaliation. What could you suggest alternative ways to ensure import supplies.

  Fluctuations in prices in the stock marketplace

Why is the average viewer of TV news or the average reader of a newspaper interested in the fluctuations in prices in the stock marketplace.

  Pre-tax annual rate of return on this bond

You buy a bond for $1118 that pays $20 interest ever 6 months. It will reach maturity in 9 years at which time it will return its face value of 1000 plus the final $20 interest payment. What is the pre-tax annual rate of return on this bond? Estimate..

  What right have we to burden our children and grandchildren

what right have we to burden our children and grandchildren with these debts while we live high on the hog. Discuss this

  Find the marginal cost the average cost function

For each of the cost functions found in part I, find the marginal cost, the average cost function and the average variable cost function.

  Q1 suppose bob considers borrowing 100 from sheila at a 10

q1. suppose bob considers borrowing 100 from sheila at a 10 percent interest rate. they both think that a 4 percent

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd