A large furniture retailer sells $100,000 of household furnishings from inventories built up last year. How does
Question:
A large furniture retailer sells $100,000 of household furnishings from inventories built up last year. How does this sale influence GDP? How are the components of GDP affected?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
The sale of 100000 worth of household furnishings by a large furniture retailer has an impact on the ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Macroeconomics Private And Public Choice
ISBN: 9780357134009
17th Edition
Authors: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Question Posted:
Students also viewed these Business questions
-
A large furniture retailer with stores in three cities had the following results from a special weekend sale. At = 0.05 is there sufficient evidence that the type of furniture sold was dependent...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Create a weighted scoring model to determine grades for a course. Final grades are based on three exams worth 20%, 15%, and 25%, respectively; homework is worth 15%; and a group project is worth 25%....
-
Who should and should not serve on a board of directors? What about environmentalists or union leaders?
-
On June 1, 2012, Skylark Enterprises (not a corporation) acquired a retail store building for $500,000 (with $100,000 being allocated to the land). The store building was 39-year real property, and...
-
Water flows steadily into and out of a tank that sits on frictionless wheels as shown in Fig. P5.60. Determine the diameter \(D\) so that the tank remains motionless if \(F=0\). Figure P5.60 TD
-
For each of the following independent situations, determine the appropriate accounting method to be used: cost or equity. For cost method situations, determine whether the security should be...
-
Give some examples of the most serious breaches of the Privacy Rule in recent history. What steps should the healthcare organization have taken to prevent those breaches?
-
The receipts and year of release of five successful movies, along with the CPI data of each year are presented below. Assuming that the receipts for each of the movies were derived during their year...
-
If nominal GDP increased by 6 percent during a year, while the GDP deflator increased by 4 percent, by how much did real GDP change during the year?
-
Let H 0 = {e} < H 1 < < H n = G be a composition series for a group G. Let N be a normal subgroup of G, and suppose that N is a simple group. Show that the distinct groups among H 0 , H i N for i =...
-
Please use given Income Statement and Balance Sheet to develop Statement of Cash Flow. Balance Sheet As of Dec. 31, 2020 Assets Cash and Equivalents Accounts Receivable Inventory Total Current Assets...
-
You are in Ms. Friesen's second semester business communications course. Your group has agreed to meet to rehearse their presentation for your 15-minute oral talk with Ms. Friesen and two other...
-
1. Match the Column-I with Column-II and select the correct option :- 2. Which of the following statement is correctabout Homo erectus? (1) Its fossils were discovered from Java (2) It lived in...
-
Jocelyn, age 3 years, has been ill several times this spring with upper respiratory infections. Her mother mentions to the classroom teacher that she is now giving Jocelyn an herbal supplement to...
-
1. Genetic defect in which adenosine deaminase deficiency occurs :- (1) Rhematoid arthritis (2) SCID (3) AIDS (4) Cystis fibrosis 2. Common cold is caused by a :- (1) Bacteriam (2) Protozoan (3)...
-
The following represent information on smart phones recommended by CNET. Model Weight Depth Service (ounces) Provider (inches) Verizon Motorola 5.47 0.39 Droid X Motorola 5.96 Verizon 0.53 Droid 2...
-
Determine whether the lines are parallel, perpendicular, or neither. 2x + 3y = -12, 2y - 3x = 8
-
What are implicit costs? Do implicit costs contribute to the opportunity cost of production? Should an implicit cost be counted as cost? Give three examples of implicit costs. Does the firms...
-
What is shirking? If the managers of a firm are attempting to maximize its profits, will they have an incentive to limit shirking? How might they go about doing so?
-
Draw a U-shaped, short-run ATC curve for a firm. Construct the accompanying MC and AVC curves.
-
In regard to resource leveling, why are noncritical path activities generally the first to be delayed?
-
What will happen to a project's schedule if an activity on the critical path is delayed due to limited resource availability?
-
Z N .00 .01 .02 .03 .04 .05 .06 .07 .08 .09 01234 .0 .5000 .5040 .5080 .5120 .5160 .5199 .5239 .5279 .5319 .5359 .1 .5398 .5438 .5478 .5517 .5557 .5596 .5636 .5675 .5714 .5753 .2 .5793 .5832 .5871...
Study smarter with the SolutionInn App