Gross domestic product and employment

Assignment Help Microeconomics
Reference no: EM13699485

Gross Domestic Product and Employment

1. Copy/paste any items from the following list that you think are included in GDP into the first column of the table below:

• The purchase of copy paper by Intel for the company staff

• The purchase of an electronic handheld organizer by a sales manager to keep track of clients

• The purchase of a new aircraft carrier by the Navy

• An increase in Dell’s inventory of unsold personal computers

• A family eating dinner at Jack in the Box

2. Next, identify whether each item falls into the category of Consumption, Investment, Government Expenditure, or Net Export by placing an “X” in the appropriate column.

Items included in GDP Consumption Investment Government Expenditure Net Export

Reference no: EM13699485

Questions Cloud

Calculate the following time value of money problems : What is the future value of 24 periodic payments of $4,620 each made at the beginning of each period and compounded at 8%? What would you pay for a $194,000 face value bond that matures in 15 years and pays $19,400 a year in interest if you wanted to..
Differences in external costs-private costs and social costs : Explain the differences between external costs, private costs, and social costs and how the presence of external costs leads to market failure.
Calculate the total surplus of the market with price ceiling : A market has a demand curve described by P=30-Q, a supply curve described by P=16+Q, and a price ceiling of 20. Calculate the Total Surplus of the market with the price ceiling
According to keynesian theory : According to Keynesian theory:
Gross domestic product and employment : The purchase of copy paper by Intel for the company staff, The purchase of an electronic handheld organizer by a sales manager to keep track of clients, The purchase of a new aircraft carrier by the Navy. Next, identify whether each item falls into t..
The daily demand and supply of fish in fire island : The daily demand and supply of fish in Fire Island, NY is described by the following equations: Demand: Price Demand =2, Supply: Quantity supplied = 5. What is the market price of fish in Fire Island? How much is consumer and producer surplus?
Compare the new demand curve or supply curve : Draw a demand–supply graph and label the axes with the price and quantity of khaki pants. Next, for each scenario, draw the appropriate demand–supply curve. Compare the new demand curve or supply curve by drawing it on the same graph.
What is the competitive equilibrium outcome in labor market : There are two distinct sectors: taxidermists (X) and tap dancers (T). It is surprising that there is complete labor mobility between the two sectors. There are 200 equally talented workers who supply their labor in elastically. The demand for taxider..
Foreign-currency exchange and on net capital outflow : How do these things affect the U.S market of foreign-currency exchange and on net capital outflow (NCO): A tax reform that imposes higher capital gains tax to Americans involved in offshore banking?

Reviews

Write a Review

Microeconomics Questions & Answers

  Explain key differences between good and poor managers

Recall the best supervisor or boss ever worked for and the worst one you ever worked for . Compare these two people in terms of their management skills and ability to perform the four management functions.

  End of fourth year is equivalent to a uniform series

Normal 0 false false false EN-US X-NONE X-NONE MicrosoftInternetExplorer4 ..

  Discuss the supply and demand as well as elasticity

discuss the supply and demand as well as elasticity concepts of the panera bread company. incorporate these concepts

  Write new technology developments in areas of generic and

list the new technology developments in the areas of generic and networked computing and web-based systems. what are

  What kind of information is contained in the annual report

today corporations are required to send their stockholders an annual report. assume that you are a prospective

  Derive her demand functions when she has income m and faces

amy has a utility functionuxyz x2lnylnza what kind of preferences does amy have? explain. what does this mean for her

  Dominican republic domestic economy

Discuss the impact of the recent (2008 to the present) international financial upheaval on Dominican Republic domestic economy and its international transactions.

  Sketch graph showing externality and loss in the market

the most common technology used for dry cleaning clothing uses toxic substances that if disposed of in drains will

  What is the best example of a long-run decision

If a firm in a perfectly competitive market experiences a technological breakthrough, A. other firms would find out about it eventually B. other firms would find out about it immediately C. other firms would not find out about it D. s..

  The market failure of external cost

A copper mining operation discharges waste products into a river and causes higher costs and discomfort to downstream users of the water.

  How do the five forces apply to todays organizations in

describe porters five forces model and how it is helpful it could be when developing ones international strategy. how

  What happens to the supply and demand

Beer and pizza are complements because they are often enjoyed together. When the price of beer rises, what happens to the supply, demand, quantity supplied, quantity demanded, and the price in the market for pizza.

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