Calculating the amount added to each of gdps categories

Assignment Help Business Economics
Reference no: EM13853574

Category Amount:: Durable Goods $1,000, Non-Durable Goods 2,500, Services 7,000,Fixed Investment 1,800, Changes to Business Inventory 35, Investment in Stocks & Bonds 5,500, Federal Government Purchases 1,200, State/Local Government Purchases 1,800 ,Transfer Payments 575 ,Exports from the United States 2,000, Imports into the United States 2,600 Using the above table determine the amount added to GDP by calculating the amount added to each of GDP’s categories (Consumption, Investment, Government Expenditures, and Net Exports).

Reference no: EM13853574

Questions Cloud

Determine her utility maximizing quantities : Assume Hailey's Utility Function is U = x^2 y . The price of X is $8 per unit and the price of Y is $2 per unit. Her income is currently $240 / month. Determine her utility maximizing quantities of x and y. Suppose the price of X goes down to $4 per ..
Regardless of work or wage status-labor force participation : Suppose the government were to provide a $2 per hour subsidy for families who purchases child care, regardless of work or wage status. This will.. Increase female labor force participation as take home pay for women will increase.
Produced in perfectly competitive industry : Consider the following goods and services. Which are the most likely to be produced in a perfectly competitive industry? Which are not? Explain why you made the choices you did, relating your answer to the assumptions of the model of perfect competit..
Install the new lighting system if its cost does not exceed : Suppose a human life is worth $10 million. Installing a better lighting system in the city park would reduce the risk of someone being murdered there from 3.5 to 2.9 percent over the life of the system. The city should install the new lighting system..
Calculating the amount added to each of gdps categories : Category Amount:: Durable Goods $1,000, Non-Durable Goods 2,500, Services 7,000,Fixed Investment 1,800, Changes to Business Inventory 35, Investment in Stocks & Bonds 5,500, Federal Government Purchases 1,200. Using the above table determine the amou..
Utility function-what is the slope of the budget constraint : Gene has the following utility function: U = XY + 2Y, the Px = $4, the Py = $1 and I=$6. What is the slope of the budget constraint? At the optimal X* and Y* calculate and interpret the MUx/Px & MUy/Py.
What is marginal rate of substitution of food for clothing : Bill gets utility from consuming food (F) and clothing (C) represented by the following utility function: U(F,C) = FC + F. The price of food is $1 per unit and the price of clothing is $2 per unit. Bill’s income is $22. Find the utility maximizing ch..
Maximum speed for the entire length of the track : In 2003 at Holloman Air Force Base in New Mexico, test engineers set a world record by moving 192 lb payload at 6,453 miles per hour in a rocket sled. The rocket sled track, built in 1954, is 15.44 km in length. Assume the sled moved at the maximum s..
Apple inc ethical success and challenges : Apple Inc Ethical Success and Challenges, Explain how Apple’s philosophy and organizational culture have impacted how it handles ethical decisions.

Reviews

Write a Review

Business Economics Questions & Answers

  Price elasticity of demand over price range

A Fenway park, home of the Boston Red Sox, seating is limited to 39.000. Hence, the number of tickets issued is fixed at that figure. Seeing a golden opportunity to raise revenue.

  How many lights to install

The three families are considering putting in streetlights on Main Street and are trying to describe how many lights to install. The table below shows each family's willingness to pay for each streetlight.

  Illustrate what is natural rate of unemployment

structural unemployment of 2 percent, seasonal unemployment of 0.5 percent and cyclical unemployment of 2 percent, illustrate what is natural rate of unemployment.

  What policy action could it posibaly take now

If the goverment of Langkawi decides that it cannot wait for the economy to self-correct in the long-run, what policy action could it posibaly take now? what trade offs,if any, will it have to be prepared to make in term of economic outcomes?

  Are the dual goals of economic development compatible

Are the dual goals of economic development and the reduction of population pressure on the envrionment compatible or conflicting objectives?

  Developed for a highly contagious strain of flu

Suppose that a vaccine is developed for a highly contagious strain of flu. The likelihood that anyone will get this flu decreases as more people receive the vaccine.

  Who is in favor of net neutrality

Who is in favor of net neutrality? What reasons do they offer for this position? What legal challenges are critics making against the FCC's rules? What three approaches are they taking? Which is likely to succeed?

  Short notes on business ethics

The environment and healthcare are very important aspects of our lives, as discussed in your textbook. However, it is still unclear whether corporations should focus on these as rights or as privileges.

  Illustrate what will be the marginal product of capital

If the economy decides to achieve the Golden Rule level of capital also actually reaches it, illustrate what will be the marginal product of capital.

  Question 11 demand for a company product is q400-05p and

question 1.1. demand for a company product is q400-0.5p and tc2000050q3qsquare total profit is maximized at output

  Reverse culture shock refers to the process readapting

Note that reverse culture shock refers to the process readapting to one's home culture following an overseas assignment. Why do you think this might be a challenge?

  Constant returns to scale occur when-total fixed costs

Constant returns to scale occur when. Total fixed costs

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