Final good and intermediate good

Assignment Help Business Management
Reference no: EM1322544

1. a. What is the difference between a final good and an intermediate good? Give one example of each. How are they treated in GDP calculations?

b. Give some reasons why real GDP is not an adequate measure of a nation's well being. Despite these limitations, do you think real GDP is a useful statistic? Explain your answer.

2. Carefully explain the different sorts of expenditures made by the Federal government. What is the difference between discretionary spending and transfer payments? Give examples of each. Why has transfer payments increased so significantly in recent years?

3. Look carefully at the business cycles that occurred over the past fifty years. 

Reference no: EM1322544

Questions Cloud

Find the sum of the least squares slope : Using t test for significance of slope to determine whether the independent variable is a significant predictor  of the dependent variable - Find the sum of the least squares slope and intercept parameter?
Estimating confidence interval for mean value : Estimating confidence interval for mean value of y and find a 95% confidence interval for the expected average total sleep time for a child of age 12
Z intervals to raw score x intervals : Convert each of the following z intervals to raw score x intervals:
Mean score and standard deviation : In the history class the mean score was 76 with standard deviation 3.
Final good and intermediate good : What is the difference between a final good and an intermediate good? Give one example of each. How are they treated in GDP calculations?
Probability values for the given discrete distribution : Computing the probability values for the given discrete distribution - What is the probability that you did not shake hands with a person with the flu
Stricter regulations of banking industry : Some people have argued for stricter regulations of the banking industry in the wake of the subprime mortgage meltdown.
Evaluate the mean and the median : Evaluate the mean, the median, and the mode of the salaries. Which best describes a typical salary and Evaluate the range, variance, and standard deviation of the data set. Interpret the results in the context of the real-life setting.
The kinetic energy of the lead car : A high-speed drill reaches 2000 rpm in 0.50 s. What is the drill's angular acceleration? Through how many revolutions does it turn during this first 0.50s.

Reviews

Write a Review

Business Management Questions & Answers

  Pertinent issues involved in following facts

Identify all of the pertinent issues involved in following facts. Apply the rules of law to the problems and describe what your decision will be as judge for a day. Support your answer clearly with reasons. Explain why. (Three points possible)

  Importance of sales process in lodging industry

Explain the importance of the sales process in the lodging industry. What role does prospecting play in a comprehensive sales and marketing plan? How can a lodging operation use prospecting as a sales tool?

  Propose three ways of mentor and new employee

Propose three ways that a mentor and a new employee orientation can assist employees with their career development.

  Best model learning organization

MacArthur's leadership team consists of their regional directors, CEO, and CFO. The team has asked you to present information to them for review as to the best model learning organization.

  Prepare core elements of a business plan

Prepare core elements of a business plan for preparing this new venture that include these points:

  Law firm mobile device security management

Case study:Law Firm Mobile Device Security Management

  Indifference curve analysis of low-income people

Suppose low-income people are given vouchers worth $200 per month that they can use only to pay rent on housing. Use indifference curve analysis to show how the person could be as well off with a $200 cash transfer.

  Explain a business process and give an example

Explain a business process and give an example

  Evaluate the career satisfaction and work-life

Evaluate the following criteria, in order of importance to you, in regard to the workplace: success, material wealth, career satisfaction and work-life. Determine whether or not you believe there is a way to balance them. Offer two suggestions on ..

  Objective questions business management

Objective Questions Business Management.

  Qualitative and quantitative research methods

Discuss how qualitative and quantitative research methods complement one another, and consider role of mixed methods designs.

  Write a record for the data flows in regional banking

Write a record in Sue's data dictionary for three of the data flows in regional banking. Be as whole as possible.Write a record in Sue's data dictionary for three of the data stores in regional banking. Be as whole as possible.

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