Question: Answer these questions about durable goods and GDP: a. Do consumer nondurable or durable goods tend to change more over the course of a business

Answer these questions about durable goods and GDP:
a. Do consumer nondurable or durable goods tend to change more over the course of a business cycle?
b. How are consumer durables like investments?
c. Can either fixed investment or inventory be negative in a given year?
d. Why isn’t all of government spending part of GDP?

Step by Step Solution

★★★★★

3.50 Rating (170 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a Sales of consumer durable goods change vary more than consumer nondura... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

230-B-E-M-E (1476).docx

120 KBs Word File

Students Have Also Explored These Related Economics Questions!

Answer these questions about consolidation accounting: 1. Define parent company. Define subsidiary company. 2. How do consolidated financial statements differ from the financial statements of a...

Answer these questions about the rooted tree illustrated. a) Which vertex is the root? b) Which vertices are internal? c) Which vertices are leaves? d) Which vertices are children of j? e) Which...

Answer these questions about consolidation accounting: 1. Define "parent company." Define "subsidiary company." 2. How do consolidated financial statements differ from the financial statements of a...

Please help with the discussion below: ** Each of the 3 questions below only need to beabout two-threepara graphs but packed full of information, no fluff. **Attached below are a few readings from...

Title: The Home Depot: inc: Home is where the money is sense, you might say that Home Depot has "hit the nail on the head." Part 2 - Analyzing the Economics Behind The Home Depot, Inc. Directions:...

Global Business Read the text and answer these questions 3. Identify three reasons why Marks & Spencer wants to accelerate the growth of its international business. 4. Explain what is meant by the...

1. Does anticipated inflation or unanticipated inflation discourage economic growth? Why? 2. Answer the following questions about nominal and real interest rates. a. What would be the real interest...

I have asked three questions with my textbook chapter in which they come from. it would be greatly appreciated if you could help me answer these three questions. Thanks so much. :) 1. What is the...

Learning Objectives By the end of this section, you will be able to: Identify the components of GDP on the demand side and on the supply side Evaluate how economists measure gross domestic product...

Determine the missing amounts in the following accounting equations. Assets Liabilities + Shareholders' Equity $32,000 $43,000 $75,000 a. b. C. +$37,000 + $60,000 $92,000

Hannah, an administration manager of a catering supply company, was authorised by her general manager to order various equipment that would be needed by their restaurant customers. Her budget was...

Amount Borrowed: The principal amount of the loan directly affects the monthly payment. A higher loan amount typically results in higher monthly payments. Explain

Evaluate Nantucket Nectars positioning strategy. On what is its brand positioning based?

How are shortages and surpluses eliminated in the loanable funds market?

How is the real interest rate determined?

Why does the supply of loanable funds curve slope upward?How is the real interest rate determined?

Jane was due to make loan payments of $ 1 5 2 4 ten months ago, $ 3 4 7 6 four month ago, and $ 5 1 0 in four months. Instead, she is to make a single payment today. If money is worth 6 . 1 % and the...

Need some help with this problem. Please use R 1. Problem 1 (UG): The attached table shows recent GSS data for the effect of gender and race on political party identification. Find a...

Marsha Jones has bought a used Mercedes horse transporter for her Connecticut estate. It cost $35,000. The object is to save on horse transporter rentals. Marsha had been renting a transporter every...