Gross domestic product and employment
Course:- Microeconomics
Reference No.:- EM13700110

Assignment Help
Assignment Help >> Microeconomics

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

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Microeconomics) Materials
The parents of a young child decide to make annual deposits into a college savings account. The first deposit will be made on her 5th birthday and the last deposit will be mad
Emilie loves profiteroles. She makes a profiterole by combining one wit of chocolate sauce (say 8 fl az) and two puffs (stuffed with paste). She receives one unit of utility p
On Mary's 16th birthday, her parents invest on her behalf an amount of $5,000 into an account that pays interest at 3.8% compounded semi-annually. (a) How much will the acco
Assuming the revenue from a congestion tax is not redistributed to city residents, what effect would a congestion tax have on the residential bid rent curve? If the government
Say that technology is relatively labor intensive if it uses more labor to produce the same amount of output than the other technology. Which technology A or B is labor inte
Suppose industry abatement costs rise from $850 million in 2011 to $1,000 million in 2012 in nom- inal terms and that the CPI is 100 in 2011 and 106 in 2012. Evaluate the
Determine the importance of predicting the pricing strategies of rival firms in an industry characterized by mutual interdependence. Provide a rationale for your response.
The cost of other variable inputs is $2,000 per day. You are told that the firm's fixed cost is high enough so that the firm's total costs exceed its total revenue.