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- The investment category of GDP measures three different types of expenditures. What are they? Why is planned investment sometimes different from actual investmenthow to find gross investment in the economy? is it correct if i add Net investment to Capital Consumption? Gross Investment = Net investment + Capital Consumption1. A. Is nominal GDP a flow variable? B. Is real GDP a flow variable? C. Is labor force a stock variable? D. Is exports a stock variable?
- If in some country personal consumption expenditures in a specific year are $50 billion, purchases of stocks and bonds are $30 billion, net exports are – (negative) $10 billion, government purchases are $30 billion, sales of second-hand items are $8 billion, and gross investment is $35 billion, what is the country’s GDP for the year? Select one: a. $125 billion b. $85 billion c. $95 billion d. $105 billionWhich definition best describes real GDP? a)the production of goods and services valued at current prices b)the production of goods and services valued at constant prices c)the production of goods and services valued at tomorrow's prices d)the general change in prices of goods and services from one period to the nextNeed help with this. 1. Spending - Included in the U.S. GDP for 2020, or not included ? If so, under which expenditure category (C, I, G, X etc,?) If not, why not? A.You buy a $20,000 new Toyota made in San Antonio. ____________________ B. Microsoft buys a $20,000 new Toyota made in San Antonio ________________ C. Kendrick Jones, of Alberta, Canada, buys a $20,000 new Toyota made in San Antonio_______________ D. You buy $20,000 in General Motors Corporation stock ___________________ E. You pay a lawyer $2,000 to sue your neighbor for building a fence on your land, and lose the suit. ________________________ F, You buy your neighbor’s used fence for $1,000. _________________________ H. You pay Alamo Colleges $1200 tuition for classes you took during 2020 ____________________________ I. The federal government sends Nruce Borton a social security check for $600 during 2020. _______________________________ J. The San Antonio Independent School District pays Ricki Kicker $55,000…
- You did some work on it. Sub parts to be completed/solved. Need help with this 1. Spending - Included in the U.S. GDP for 2020, or not included ? If so, under which expenditure category (C, I, G, X etc,?) If not, why not? A.You buy a $20,000 new Toyota made in San Antonio. ____________________ B. Microsoft buys a $20,000 new Toyota made in San Antonio ________________ C. Kendrick Jones, of Alberta, Canada, buys a $20,000 new Toyota made in San Antonio_______________ D. You buy $20,000 in General Motors Corporation stock ___________________ E. You pay a lawyer $2,000 to sue your neighbor for building a fence on your land, and lose the suit. ________________________ F, You buy your neighbor’s used fence for $1,000. _________________________ H. You pay Alamo Colleges $1200 tuition for classes you took during 2020 ____________________________ I. The federal government sends Nruce Borton a social security check for $600 during 2020. _______________________________ J. The San…1- When opening a print shop you need to buy printers, computers, furniture, and similar items, economists call these expenditures is capital investment. Select one: a. False b. True 2- M/S - Saud Bahwan Group, Muscat buys 30 Hyundai Accent cars from South Korea to sell during 2018 Ramadan sale. Each car is purchased at a cost of 8500 OMR. Which component of the GDP shows the reflection and how much? Select one: a. Consumption - OMR 255,000 b. Imports – OMR 255,000 c. Government purchases - OMR 255,000 d. Investment - OMR 255,000Give an example of something that would increase GDP but would be considered undesirable and explain why. Explain the difference between real GDP and nominal GDP including which is used by economists to measure economic well-being and why they use it.
- It is the year 2020. Natalie purchases a home that was built in 2020. In GDP accounting, this purchase is included in Question 40 options: A) personal consumption expenditures B) govenment purchases C) exports D) gross private domestic investment1- Khalid steel company sells steel worth OMR 45,500 to a desert driven bike manufacturer, National company. The sales of National company reaches OMR 73,800. So, the contribution to GDP is ________________ Select one: a. OMR 45500 b. OMR 28300 c. OMR 73800 d. OMR 119,300 2- One of the components of GDP government consumption expenditure and gross investment based by local, state, and federal governments. Select one: a. False b. TrueSuppose that in the country of Economia: Net Investment = $20 billion, Depreciation = $70b, Net Exports = $30b, Taxes = $90b, Government Expenditure = $60b, Imports = $70b, Consumption = $120b. What does GDP equal in Economia? Select one: a. $300 billion b. $270 billion c. $250 billion d. $230 billion e. $210 billion
