EconomicsAlthough GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation. Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States?
a. The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.b. The costs of air and water pollution.c. Funds spent by city governments to renovate their buildings.d. The leisure time they have.
When a U.S. company purchases and imports wood from Brazil to use to build new houses within the United States, this purchase increases the_____component of GDP while also_____net exports by the same amount. Therefore, the purchase of wood from Brazil_____in US GDP.

Answers

Answer 1

The following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States:  

a. The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.

b. The costs of air and water pollution

d. The leisure time they have

The purchase of wood from Brazil, the import component of GDP increases whole net exports decreases by the same amount. The purchase of wood from Brazil decreases US GDP.

Gross domestic product is the sum of final products produced in a country within a given period. GDP can be determined using the expenditure, income or value added product.

GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government spending + Net export

Items not included in the calculation of GDP includes:  

1. Activities not reported to the government  

2. illegal activities

3. sale or purchase of used products

4. externalities

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Related Questions

héctor manages a plastics factory that manufactures pet chew toys. senior management has decided to change the company’s bonus structure, and héctor understands this will motivate some employees while aggravating others. how should héctor go about announcing the changing bonus structure?

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Calling a face-to-face meeting with the employees is the best way that Hector can announce about change of the bonus structure.

Face-to-face meeting is a type of meeting where the participant of discussion are all present physically therein.

The major advantage of the Face-to-face meeting is that its allows effective communication and feedback from or among the participants

Therefore, the correct answer is Option B because it is the best way by which Hector can announce about change of bonus structure.

The missing options includes "Héctor should send each employee a personal note, Héctor should call a face-to-face meeting with the employees, Héctor should send a companywide e-mail, Héctor should post an announcement in the break room, near the coffee machine."

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gator, inc. has a 42% share of the $300 million market for gator t-shirts. however, they feel they can do better. after doing research, they found the gator t-shirt industry as a whole spends $50 million a year in marketing efforts. gator, inc. knows its own gross margin is $14.7 million for the year. not satisfied with their 42% share, they decide to try to obtain 45% of the market. is it worth the effort for gator, inc. to attempt the increase in market share, and how much gross margin do they gain or lose in the effort assuming they are successful?

Answers

It does not worth the effort for gator, inc. to attempt the increase in market share, and the amount of gross margin they lose in the effort assuming they are successful is $1,200,000.

Sales revenue per share point = 300 million/100

Sales revenue per share point = $30 million

Firm’s sales = 300 x 42%

Firm’s sales = $126 million

Firm’s Gross Margin per share point = $14.7 million/42 share points

Firm’s Gross Margin per share point = $350,000

Per share of voice point = $50,000,000/100

Per share of voice point = $500,000

Increase in market=42% -45%

Increase in market= 3%

Using 1.5 rule of competitive parity the company would have to spend more money in order to make use of 4.5 additional share of voice points

Additional marketing effort required=$500,000 per share x 4.5

Additional marketing effort required= $2,250,000  

Assuming the company was successful, market share will increase  by 3 share points.

Additional share points yield=350,000 x 3

Additional share points yield=$1,050,000

Gross margin=$1,050,000­- $2,250,000

Gross margin= ­$1,200,000

Based on the above calculation  Gator Inc.  should not increase their market share reason been that they would lose $1,200,000.

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A serious rumor is spreading through the grapevine that eight managers in the Northeast Region will be fired due to underperformance. The stores are buzzing with speculation about this rumor, upsetting managers and sales staff and distracting them from doing their jobs. What method do you choose to address this matter

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The best method which should be chosen to address this matter regarding the rumor about the firing of managers in the company is:

Make the firing decision immediately so that business can return to normal and replacements made

According to the given question, we are asked to state the best method to be chosen to address this matter regarding the rumor about the firing of managers in the company

As a result of this, we can see that when rumors like this circulate around the workplace, the output of the workers would reduce and this would have a negative impact in the company. It would best  to make a decision quickly so that business would resume as normal.

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Suppose a mutual fund has 10 million shares outstanding, assets with a total value of $30 million,of which $500,000 is cash, and fund liabilities of $500,000. What is the current NAV per share

Answers

Answer:2.95

Explanation:

Based on the given assets, cash fund, and liabilities, the Mutual fund's NAV per share is $2.95.

What is the Mutual Fund's NAV per share?

This can be found by the formula:

= (Assets + Cash - Liabilities)/Number of Shares

Solving gives:

= (30,000,000 - 500,000) / 10,000,000

= 29,500,000 / 10,000,000

= $2.95 per share

In conclusion, the NAV per share is $2.95 per share.

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The United States, making up less than 5 percent of the world's population, uses more than ___ of the world's commercial energy production.

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Despite that the country takes less than 5% of world population, it accounts for more than two-third of the world's commercial energy production.

The use of commercial energy production in this context entails use of resources like electricity, coal, advanced petroleum products, nuclear materials etc

These resources are in massive use in United States for generation of electricity, agricultural, transportation, commercial development etc

Therefore, the answer is that United States uses more than two-third (2/3) of the world's commercial energy production.

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Sun Do sells key chains with leather fobs for $12 and $9. The key chains are very similar and have identical manufacturing costs. The difference is that the stitching on the leather fob is in a less precise pattern on the $9 key chain than it is on the $12 key chains. What approach to price discrimination is Sun Do using

Answers

Answer:

offering imperfect goods as part of the hurdle method

Explanation:

The number of shares issued represents the number of shares ______. Multiple choice question. the company is allowed to sell sold less repurchased sold repurchased

Answers

Answer:

sold

Explanation:

Randall wants to become a certified public accountant. To accomplish this, he must be certified by the ________ in which he plans to provide accounting services.

Answers

He must be certified by the state in which he plans to provide accounting services.

For a person or an individual to have the license to operate as a certified public accountant such person must be certified by the state in which he or she plans to render accounting service to.

In order to be a certified or qualified public accountant all the necessary requirement must be meant by the person.

The person must sit for the CPA examination and must pass the certified public accountant examination before being certified to operate as one by the state.

Inconclusion he must be certified by the state in which he plans to provide accounting services.

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Precious gems are an important natural resource of ________. Paraguay Brazil Mexico the Dominican Republic

Answers

Answer:

Brazil

Explanation:

This is because money coming into and going out of the business affects Owner's Equity.

Based on the debit and credit entries you have observed in this lesson, which of the following is true?


Expenses and Sales increase Owner's Equity
Expenses increase and Sales decrease Owner's Equity
Expenses decrease and Sales increase Owner's Equity
Expenses and Sales decrease Owner's Equity

Answers

It is true that the expenses decrease and Sales increase the Owner's Equity.

Basically, owner's equity refers to the amount of the business-owner's investment in an asset after total liabilities have been deducted.

Any revenue into the business increase the owner's equity through business activities .

Any expense into the business decrease the owner's equity through business operations.

Therefore, the Option C is correct because the expenses decrease and Sales increase the Owner's Equity

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The auto insurance plans available from Fret-No-More Auto Insurance are outlined in the table below. To be considered "full" coverage, an insurance plan must include one level of coverage from each category. What is the annual premium for the cheapest insurance plan available from Fret-No-More that is considered full coverage?.

Answers

There are different types of car insurance. The annual premium for the cheapest insurance plan available from Fret-No-More that is considered full coverage is $473.16

Insurance is often made for vehicles. The six most used car insurance coverage options are:

Auto liability coverage Uninsured and underinsured motorist coverageComprehensive coverage, Collision coverageMedical payments coverage and Personal injury protection.

These insurance are often taken based on where a person live, They can be mandatory and optional coverage types.

Auto insurance is a contract between you and the insurance company that protects you against unforeseen accident or theft.

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Answer:

A: $473.16

Explanation:

What hootsuite analytics feature allows you to share an unlimited amount of customizable social analytics data, to surface the performance of your organization’s social accounts to key stakeholders?.

Answers

The Reports feature of hootsuite analytics allows one to share an unlimited amount of customizable social analytics data.

The Hootsuite Analytics is to used to measure the performance of someone's social media activity across multiple social networks.

The reports feature of hootsuite analytics allows one to share an unlimited amount of customizable social analytics data

The reports feature of hootsuite analytics helps to surface the performance of your organization’s social accounts to key stakeholders.

Hence, the Report features is the answer.

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Recently, Raj switched jobs from a large firm to a medium-sized firm. As one of four project managers at the new firm, Raj recognizes that employees have much more respect for his expertise than he perceived at the larger firm where there were a minimum of 25 project managers. According to Maslow, which need in his hierarchy is important to Raj

Answers

According to Maslow's hierachy of needs, the most important hierarchy for Raj is esteem, which symbolizes the individual's desire to be valued by himself and others in society and the workplace.

Maslow developed the pyramid of the hierarchy of human needs, with the aim of explaining how individuals are moved to take actions to meet their needs according to a pre-established order.

The pyramid of needs is divided into five parts, and comprises the most basic needs, which are biological, to the most complex, which are psychological needs. Are the:

Physiological needs.Safety needs.Love and belonging.Esteem.Self-actualization.

Therefore, Raj finds himself in the esteem stage, where he is looking for respect, status and recognition. When his esteem needs are met, he will move into the self-actualization hierarchy, where he will demonstrate greater creativity, talent, and personal development.

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Suppose that Walmart and Target are selling Sony flat-screen computer monitors for a price of $150 or $200 each. Based on the information in the payoff matrix, does a Nash equilibrium exist?

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Based on the information in the payoff matrix, a Nash equilibrium exists.

Nash equilibrium can be described as the choice market players would make in which they would have no incentive to change their decisions. It is the best outcome for each market player.

Looking at the payoff matrix, the payoff of charging $150 results in the higher profits for both Walmart and Target. Thus, the Nash equilibrium for both stores is to charge $150.

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MaryAnn has just opened a new food-truck business selling homemade crepes. She is confident in the quality of her product and she must now decide on the right price. Should she attract new customers through lower prices or highlight the quality of her products through higher prices

Answers

The questions that Maryann is having defines her price objective of the price setting process.

Mary is at the stage where she has to set the prices for her product. In order to do this she has to think about her intended market and also think of her cost of production.

Some of the pricing objectives that she has to think about here are:

The price that her competitors have set in the marketHer profitPrice stabilityHow to achieve market share

Complete question:

MaryAnn has just opened a new food-truck business selling homemade crepes. She is confident in the quality of her product and she must now decide on the right price. Should she attract new customers through lower prices or highlight the quality of her products through higher prices? These questions represent which step of the price-setting process?

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the price of a discount bond will increase over time, assuming that the bonds yield to maturity remains constant over time true or false

Answers

Answer:

its true

Explanation:

ikaw napo bahala kasi di ko alam

What are junk bonds?

Answers

Answer:

a junk bond is an investment in debt. A company or a government raises a sum of money by issuing IOUs stating the amount it is borrowing (the principal), the date it will return your money (maturity date), and the interest rate (coupon) it will pay you on the borrowed money.

Is zero economic profit inevitable in the long run for monopolistically competitive firms? in the long run, monopolistically competitive firms.

Answers

Firms usually engage in a lot of activates for profit.  Zero economic profit  may continue to earn profit by reducing costs.

A monopolistic competitor, like some organizations often earn profits in the short run. The entry of some firms into the same market can bring about a shift in the demand curve faced by a monopolistically competitive firm.

When economic profit is zero, an organization is known to be earning the same as when its resources were used in the next best alternative.

See full question below

Is zero economic profit inevitable in the long run for monopolistically competitive firms? In the long run, monopolistically competitive firms

A. will not continue to earn profit because the cost of production will rise as new firms enter the market.

B. may continue to earn profit by convincing consumers their products are different.

C. will continue to earn profit due to barriers to new firms entering the market.

D. may continue to earn profit by instead beginning to produce a product identical to competitors.

E. will not continue to earn profit because monopolistically competitive firms produce identical products.

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As some of the earliest management theories, scientific management and administrative management comprise the ________ viewpoint. behavioral quantitative systems contemporary classical

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The management viewpoint which is made up of the scientific management and administrative management is known as:

E. Classical viewpoint

According to the given question, we are asked to state the name which is given to the management viewpoint which is made up of the scientific management and administrative management.

As a result of this, we can see that this is one of the earliest management theories as this has to do with the different methods of managing people and resources in a market system.

Therefore, the correct answer is option E

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A payment made by a firm to its owners in the form of new shares of stock is called a _____ dividend.

Answers

That type of payment is a stock dividend.

The balance in the accumulated depreciation account represents the:

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The balance in the Accumulated Depreciation account represents the amount to be deducted from the cost of the plant asset to arrive at its fair market value.

Which department of the U.S. federal government was budgeted to spend over $582 billion on goods and services in fiscal year 2017, making it one of the largest B2B spenders in the country

Answers

The answer is Department of Defense

If your income is $40,000 and your income tax liability is $5,000, your marginal tax rate is a. 8 percent. b. 12.5 percent. c. 20 percent. d. unknown. We do not have enough information to answer this question.

Answers

If your income is $40,000 and your income tax liability is $5,000, your marginal tax rate is: b. 12.5 percent.

Using this formula

Marginal tax rat=Tax payable/Taxable income×100

Where:

Tax payable=$5,000

Taxable income=$40,000

Let plug in the formula

Marginal tax rate=$5,000/$40,000×100

Marginal tax rate=12.5%

Inconclusion if your income is $40,000 and your income tax liability is $5,000, your marginal tax rate is: b. 12.5 percent.

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Select this link to view the North American Free Trade Agreement Preamble. How does this agreement help the nations involved? Check all that apply. It reduces barriers to trade. It coordinates trade with other trade agreements. It promotes industry development and trade. It requires environmental protection. It builds up a common military. It protects workers’ rights.

Answers

The North American Free Trade Agreement (NAFTA) helps nations involved in that:

It reduces barriers to trade. It promotes industry development and trade.It requires environmental protection.It protects worker's rights.

The NAFTA was mostly a trade agreement which means that it is meant to reduce the barriers that member countries have in trade as well as promote facilities that encourage trade such as industrial development.

It then goes further to require that the environment be protected by member states and that workers be treated fairly with all appropriate rights.

In conclusion, the NAFTA was a comprehensive trade agreement that did a lot of things.

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Answer:

1, 3 ,4 , and 6

Explanation:

I got it right on edge , good luck guys:)

If the U.S. dollar appreciates, an MNC's: a. exports denominated in foreign currencies will probably increase. b. U.S. sales will probably decrease. c. interest owed on foreign funds borrowed will probably increase. d. exports denominated in U.S. dollars will probably increase. e. All of these choices are correct.

Answers

Most likely when the U.S. dollar appreciates, the MNC's interest owed on foreign funds borrowed will probably increase.

MNC refers to Multinational corporation .

The Multinational corporation are known to borrow from foreign bodies in dollars.

Hence, when the dollar appreciates, the amount owed to the foreign bodies will increase consequently.

Therefore, the Option C is correct because the MNC's interest owed on foreign funds borrowed will probably increase when U.S. Dollars appreciates.

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Betweenness gives power because the more of it you have: _________.
A. the more it increases your visibility.
B. the more you control the distribution of information and other resources to people on either side of you.
C. the shorter your paths to many people in the network.
D. the fewer demands people make on you.
E. the more people are connected to you.

Answers

Answer:

E

Explanation:

If u can connect to people in a business, then you will gather more information and leadership skills to keep those people under your wings

A provision in the bond indenture that forces the corporation to make arrangements for bond repayment before the maturity date is called a(n) ____________ fund.

Answers

Based on the information given the bond repayment before the maturity date is called a(n) Sinking fund.

Sinking fund can be defined as the amount of money a company or organization saved so as to pay off  their debt or loan amount before the repayment maturity date or period.

Sinking fund is important as it enables company to save for the amount they borrowed until future date.

With this companies can prepare or make arrangement for the debt repayment so as to easily payoff the amount loan to them.

Inconclusion bond repayment before the maturity date is called a(n) Sinking fund.

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how much does party city charge to inflate balloons?

Answers

Answer:

Ballons bought from other stores:

Foil balloons: $1.99 to $15.99, depending on size.

Latex balloons: $0.99 to $1.29

Explanation:

Ballons bought from part city:

Foil balloons: Free!

Latex balloons: $0.99 to $1.29

In the short run, if a firm produces the level of output at which marginal revenue is equal to marginal cost but price is less than average total cost, the firm will.

Answers

When the firm produces at level of output where marginal revenue equal marginal cost but the price is less than average total cost, then, the firm will continue to operate if price is greater than its average variable cost,

In practice, a perfectly competitive firms will continue to produce output until the marginal revenue equals marginal cost (MR=MC)

When the firm produces at level of output where marginal revenue equal marginal cost but the price is less than average total cost, then, the firm will continue to operate if price is greater than its average variable cost,

Therefore, the Option C is correct.

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What is not a determinant of ped.

Answers

Answer:

Goods on which consumer spend less proportion of his income has an inelastic demand like a needle and newspaper. But the amount of income of a consumer does not affect the price elasticity of demand. Consumer's income has no relation with the price elasticity of demand for a particular good.

Explanation:

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