Discuss the impact of each of the given transactions

Assignment Help Microeconomics
Reference no: EM131776222

Question: Discuss the impact of each of the following transactions on the calculation of Japans GDP.

a. A Japanese household bought a new computer produced in the current year.

b. A Japanese household bought a new computer produced in the previous year.

c. A Taiwanese household bought a used computer from a Japanese household.

Reference no: EM131776222

Questions Cloud

Discuss how the names for these two types of deductions : Explain how the names for these two types of deductions developed, as well as the fundamental differences
What is process capability : What is process capability? Explain the difference between specification limits and s.
Describe how third parties increase supply chain surplus : Describe how third parties increase supply chain surplus through capacity and inventory aggregation.
Mustafa kemal record of positive achievements : Unfortunately Mustafa Kemal's record of positive achievements is marred by his very close, active and hidden connection to the Young Turks
Discuss the impact of each of the given transactions : Discuss the impact of each of the following transactions on the calculation of Japans GDP.
What were the circumstances of the conversation : What were the circumstances of the conversation? Was it easy or hard? What gave you difficulty in putting the technique into practice?
Reformation on the political situation of northern europe : What was the immediate effect of the Reformation on the political situation of northern Europe?
Explain what the resulting benefit would be to the employee : explain what the resulting benefit would be to the employee and how much, if any, of the benefit the employee could exclude from income
Determine the flexible budget variances : Determine the flexible budget variances. Provide another name for the fixed cost flexible budget variance

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

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