a. Explain how GDP is affected by the sale of (a) a new house. b. Explain how
Question:
a. Explain how GDP is affected by the sale of (a) a new house.
b. Explain how GDP is affected by the sale of (b) an hour session with a physical trainer.
c. Explain how GDP is affected by the sale of (c) 1,000 shares of Microsoft.
d. Explain how GDP is affected by the sale of (d) an antique, oak roll-top desk.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (18 reviews)
a GDP is increased by the price of the new house b GDP is increased by the price of an hour ...View the full answer
Answered By
Pushpinder Singh
Currently, I am PhD scholar with Indian Statistical problem, working in applied statistics and real life data problems. I have done several projects in Statistics especially Time Series data analysis, Regression Techniques.
I am Master in Statistics from Indian Institute of Technology, Kanpur.
I have been teaching students for various University entrance exams and passing grades in Graduation and Post-Graduation.I have expertise in solving problems in Statistics for more than 2 years now.I am a subject expert in Statistics with Assignmentpedia.com.
4.40+
3+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Sun Dance Gardens Inc. develops and produces spraying equipment for lawn maintenance and industrial uses. On June 3 of the current year, Sun Dance Gardens Inc. reacquired 28,000 shares of its common...
-
The Operating Activities section of Miller Corp.'s 2012 statement of cash flows reported an adjustment for depreciation expense of $25,000, as well as another for a loss on the sale of equipment of...
-
Explain how a firm in Pure Competition determines how much to produce and how long run equilibrium is affected by the long run cost structure in such an industry.
-
Write short note on context switch
-
Consider the following hypotheses: H 0 : p < 0.24 H 1 : p > 0.24 Given that p = 0.277, n = 130, and = 0.05, answer the following questions: a. What conclusion should be drawn? b. Determine the p...
-
A jewellery manufacturer buys semi-precious stones to make bracelets and rings. The supplier has quoted a price of $8 per stone for order quantities of 600 stones or more, $9 per stone for orders of...
-
Explain how and why the method of instrumental variables allows us to estimate the labor demand elasticity.
-
Presented below are two independent transactions. Both transactions have commercial substance. 1. Rangi Co. exchanged old trucks (cost $64,000 less $22,000 accumulated depreciation) plus cash of...
-
How might they explain what they observed? https://www.youtube.com/watch?v=BoeDI-YkzI0 Construct an explanation for the investigation of sound and vibration shown in the video. You can make your own...
-
The sales at a company has a normal distribution with a mean of 8000 and a standard deviation of 1000. The per unit profit is INR 200. Assume for simplicity that there are no fixed costs. A marketing...
-
Under what circumstances could real GDP for a given year be greater than GDP for that same year? For example, if 2015 were the base year and 2016 were the current year, how could real GDP in 2016...
-
If you were comparing the economic well-being of two countries and had a choice of using one of the following four measures, which one would you choose and why would you choose it? (a) GDP (b) Real...
-
Security Service Company adjusts its accounts at the end of the month. On November 30, adjusting entries are prepared to record: Depreciation expenses for November Interest expense that has accrued...
-
A metal bar is shown below. L F Th a. Draw the letter "C" at the point of maximum Compressive stress. b. Draw the letter "T" at the point of maximum Tensile stress. C. Draw the letter "B" at the...
-
A system consists of 10^4 particles and 3 energy levels (E0 = 0, E1 = hv, and E2 = 2 hv). The total available energy, Etot, is 5000 hv. Constraints: Etot = const. and Ntot = const. What is the...
-
The PT works in an outpatient clinic. The patient is a 62 year old female and is 4 weeks post bilateral total knee replacement. The patient is seen by the PT for initial physical therapy evaluation...
-
Basic Sound, Inc. produces portable solar powered music players for $45. It needs to prepare operating budgets for the year ending December 31, 20x3. The budgets need to be stated on a quarterly...
-
During sprinting, the propulsive impulse lasts 2 times longer than the breaking impulse. The breaking impulse lasts 0.08 seconds. As a result of the breaking impulse the vertical velocity decreases...
-
In Problems 3344, list the potential rational zeros of each polynomial function. Do not attempt to find the zeros. f(x) = x 2x + 8x - 5
-
1A. If the researcher is concerned about the number of variables, the nature of the analysis, and completion rates, then, he/she is at which stage of the sampling design process (Figure 11.1 in the...
-
In Figure 5 draw in the demand curve and the marginal revenue curve of a monopolist taking a loss. At what output does the firm produce? Price ($) 100 80 60 40 20 0 Figure 5 4 8 Output 12 MC 16 ATC
-
In Figure 4 draw in the demand curve and the marginal revenue curve of a monopolist making a profit. How much is the most profitable output? Price ($) 50 40 30 20 10 0 Figure 4 10 20 30 Output MC ATC...
-
(a) Using the data from Figure 3, calculate the firms total profit. (b) If the firm operates at optimum efficiency, how much will its output be? (c) If the firm were a perfect competitor, how much...
-
After the company issues an initial public offering and they desire to offer additional shares, one option is the seasoned equity offering. What are the differences between a convertible bond and a...
-
4. A stock provides a dividend yield of 5.0% paid semi- annually. The spot price of the stock is currently $500, and the risk-free rate is 7.5% with continuous compounding for all maturities. 1. What...
-
1. A 1000 bond issued on January 10, 2021 is paying coupons at a nominal interest rate of 7% payable semiannually. The bond is redeemed at par and matures on January 10, 2031. The nominal yield rate...
Study smarter with the SolutionInn App