User Account

All Pages

Gross domestic product and employment

Assignment Help Business Economics
Reference no: EM132078385

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3. Finally, describe in 100 words or less the condition of "full employment" and explain why, even under the conditions of full employment, there is still a percentage of the labor force who are not working.

Reference no: EM132078385

Questions Cloud

Formulate opinion from the context of policy advisor : Examine the issues and formulate an opinion from the context of a policy advisor for the expansion of Medicaid in Florida.
Develop the human resources strategic plan : Determine strategic directions, objectives and targets - Identify appropriate technology and system to support agreed human resource programs and practices
In what ways has the population changed : Population Changes. Research the history of your bird species. Is it common? Endangered? Extinct? In what ways has its population changed?
Assess best practices for terminating employees : Identify the types of practices and procedures to create and maintain before terminating an employee? Assess best practices for terminating employees?
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:
Consumer perspective in determining : Discuss the advantages and disadvantages from a consumer’s perspective in determining what is quality healthcare.
Determine which one is better-mastectomy or lumpectomy : Create a presentation with audio (PowerPoint or Prezi) covering a single topic related to a particular disease or method of treatment.
Identify properties involved in maintaining homeostasis : Identify properties involved in maintaining homeostasis in order to recognize how certain factors contribute to cancer. Recognize the complexity of cancer.
Two key drivers of increasing health care costs : Based on the reading and your experiences, what do you think are two key drivers of increasing health care costs and what changes in policy, business, practice,

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd