Into which category of aggregate expenditure would each of the following transactions fall? a. The Jones family
Question:
a. The Jones family buys a new car.
b. The San Diego Unified School District buys 12 new school buses.
c. The Jones family buys a newly constructed house from the Garcia Construction Co.
d. Joe Jones orders a Burberry coat from an online site in the United Kingdom.
e. Prudential insurance company purchases 250 new iPads from Apple.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
a Consumption b Gov...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Micro Economics questions
-
An article in the Wall Street Journal stated, Europe is entering its fifth consecutive year of growth, supported by accommodative monetary policies, robust business and consumer confidence and...
-
Multiple Choice Questions: 1. Demand for consumer goods will be affected by which of the following? a. Disposable income b. Credit conditions c. The level of debt outstanding d. Expectations about...
-
Draw an aggregate expenditure line and 45-degree line for an imaginary economy that produces only services. Label the axes Real GDP per day and Aggregate expenditure per day. Remember that with...
-
Modify Index to make a program IndexByKeyword that takes a file name from the command line and makes an index from standard input using only the keywords in that file. Note: Using the same file for...
-
Assume the same situation as in Question 11, except that the four equal amounts are deposited at the beginning of the period rather than at the end. In this case, what amount must be deposited at the...
-
What are some of the unique challenges companies face when managing their service providers?
-
Both PM and benefits information systems make provisions for employee access and input. What access would you provide in each of these systems, and what leeway would you provide employees in reading,...
-
Fantastique Bikes is a company that manufactures bikes in a monopolistically competitive market. The following graph shows Fantastique?s demand curve, marginal revenue curve (MR), marginal cost curve...
-
Find all subsets of set S if S is empty: then return a set containing an empty set else Let s be the first element of S Let R be the set S - {s} Find all subsets of set R (recursive step) Let So be...
-
Jimmy owns a garden in which he has planted N trees in a row. After a few years, the trees have grown up and now they have different heights. Jimmy pays much attention to the aesthetics of his...
-
Which of the following does the aggregate expenditure model seek to explain: long-run economic growth, the business cycle, inflation, or cyclical unemployment?
-
Assume that Intel sells $1 billion of computer chips to Dell, Inc., for use in Dell's personal computers. How does this transaction affect aggregate expenditure?
-
From examination of the molecular models iv, choose the substance that (a) Can be hydrolyzed to form a solution containing glucose (b) Is capable of forming a zwitterion (c) Is one of the four bases...
-
Megan Murphy and Joseph McGoldrick began dating in July 2010 and eventually decided to marry. In late 2016, Megan and Joseph decided to purchase a home for \($205,000.\) Because Joseph had the...
-
Bill Bhaskar owned a medical practice, Bill Bhaskar, M.D., Inc. Bhaskar was approached by Abdul S. Walji and his company, Calpension, Inc., soliciting his business as Employee Benefit Consultants...
-
Patco Construction Company was a customer that had an account at Ocean Bank. Patco argued that its account was subject to the authorization of six fraudulent withdrawals from the account after a...
-
In November 2007, Shirley Bolden entered into a conditional sales contract, which was assigned to M&T Bank, for the purchase of a Mercedes-Benz automobile. Bolden took physical possession of the car,...
-
Wayne and Lanae Grantham (Debtors) filed for Chapter 7 bankruptcy. Wayne Grantham filed a certificate of credit counseling, but Lanae Grantham did not. Instead, the Debtors filed a motion seeking to...
-
What are the links that connect test of controls sample planning with substantive balance-audit sample planning?
-
How can a promoter avoid personal liability for pre-incorporation contracts?
-
In 2019, Nolle Santos opened The Lit. Bar bookstore in the Bronx borough of New York City. Her bookstore is the only one located in the Bronx, which has a population of about 1.5 million. Should the...
-
In 2019, Nolle Santos opened The Lit. Bar bookstore in the Bronx borough of New York City. Her bookstore is the only one located in the Bronx, which has a population of about 1.5 million. Should the...
-
Suppose that Congress decides to end the USPSs monopoly on making deliveries to residential mailboxes. Will consumer surplus and economic efficiency necessarily increase? What information would help...
-
The cash flow for the firm's project is -$40 million in year 0 and $19 million in years 1-4. After year 4, the FCF is expected to grow at a constant rate of 0.020. The firm's discount rate is 0.068....
-
Briefly describe the strategies you could implement in minimising the identified personal safety risks.
-
A debtor owes two business money, business A $1,000,000 and business B 9,000,000 but can only make payments of 200,000 a month, what percentage of that payment goes to business A and what percentage...
Study smarter with the SolutionInn App