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
"Since consumers' tastes are changing so rapidly, there is no reason to expect that statistical demand estimates derived from historical data will be accurate in the future.
Analyze some of the factors that explain why some people earn very low incomes. Identify who controls these factors. Suggest ways that the government, can help reduce the am
An order written by the exporter instructing the importer, or their agent, to pay a specified amount of money at a specified time is a:  Note Payable,Draft;Promissory Note;C
Do you agree or disagree with the statement that: "A monopolist always charges the highest possible price."? Explain. b.) Why can't an individual firm raise its price by r
Suppose that in 1984 the total output in a single-good economy was 10,000 buckets of chicken and the price of each bucket of chicken was $10. In 2005 the price per bucket of
How would the UAW benefit for increased demand for GM and Chrysler vehicles - Each year Forbes magazine lists the multimillion-dollar earnings of top entertainers and professi
In one hour, John can prepare 2 income tax returns or 4 financial statements. In one hour, Frank can prepare 1 income tax return or 3 financial statements. Frank and John curr
High capital-asset ratios are desirable as they offer a buffer against non-performing bank loans.The ratio is defined as the excess of bank liabilities over assets.