$Billions Government purchases of goods 800 Services 500 200 Imports Change in business inventories 40 Durable goods 300 Nondurable goods 600 Exports 50 Residential investment 200 Government purchases of services 200 Nonresidential investment 650 Select one: O a. 3440 Ob. 3140 Oc. 3650 Od. 2900

Q: In 2016 final sales equal $40o billion, and the change in business inventories is $100 billion. GDP…

A: Information given is:- Final sales = $400 billion Change in business inventory = $100 billion

Q: In 2018, GM produced 30 cars, of which 25 were sold in 2018 and 5 were added to its inventories. The…

A: Gross domestic product includes value of all final goods and services produced in the economy within…

Q: Billions of S Description Imports Dividends 151 200 Propriotor's income Exports 45 120 Interest…

A: Hi Student, Thanks for posting the question. As per the guideline, we are providing answer for the…

Q: $620 Personal Consumption Expenditures Saving 50 200 Government Purchases 750 Net Domestic Product…

A: Given information:-

Q: In national-income accounting, a fall in Ga (other things being equal) will be recorded if Select…

A:

Q: Consider the following data on prices and production values. The average houschold spend 60% of…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: Harry's Pepperonı Pizza Parlor produced 10.000 large pepperoni pizzas last year that sold for $10…

A: The entire value of products and services produced within a country's physical borders during a…

Q: Answer the next question on the basis of the following data. All figures are in billions of dollars.…

A: In an economy, consumption of fixed capital is also known as depreciation and it is the difference…

Q: Which of the following is not one of the three main categories of consumer expenditures? O A.…

A: 1) Residential investment is not one of the three main categories of consumer expenditures. 2) The…

Q: Personal Consumption Expenditures $620 Saving Government Purchases 50 200 Net Domestic Product 750…

A: Disposable Income is the difference between personal income and personal income tax.

Q: During 2008, The rawhide company produced enough rawhide for 1000 dog chews. The dog chew…

A: NOTE: We'll answer the first question since the exact one wasn't specified. Please submit a new…

Q: In 2009, Corny Company grows and sells $2 million worth of corn to Tasty Cereal Company, which makes…

A:

Q: During 2008, The rawhide company produced enough rawhide for 1000 dog chews. The dog chew…

A: The term "Gross Domestic Product" refers to the total monetary worth of all final goods and services…

Q: During 2009, the leather company produced enough leather for 20 couches. The couch manufacturing…

A: since you have asked multiple questions and according to our policy we can only solve the question…

Q: A firm had 14 machines at the start of 2014. During the year, 2 machines were scrapped. In December…

A: Net investment in the year = new machines purchased – machines scrapped = 3 – 2 = 1 machine

Q: 15) The value of goods added to a firm's inventory in a certain year is treated as investment, since…

A: Gross domestic product is the market value of all goods and services produced in an economy in a…

Q: The value of final goods and services equals: Select one: O a. the sum of the value added by all…

A: GDP measures the final value of all goods and services produced in an economy during a given period…

Q: A farmer sells wheat to a baker for $3. The baker uses the wheat to make bread, which is sold for…

A: GDP is total value of goods and services produced in economy in a particular period of time.

Q: Which of the following is excluded when calculating GDP? O A. The value of bonds. O B. The value of…

A: 1)The value of bonds, the value of used goods, and the value of stocks are not included in the…

Q: During 2008, The rawhide company produced enough rawhide for 1000 dog chews. The dog chew…

A: Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in…

Q: In the year 2013 KSA's actual expenditure billion Sr. was O A. 820 O B. 855 O C. 19.0 O D.976

A: Government spending is the amount of money spent by the government on products and services such as…

Q: In 2009, Corny Company grows and sells $2 million worth of corn to Tasty Cereal Company, which makes…

A: Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in…

Q: Real GDP Consumption expenditure (dollar) 2,500 3,250 4,000 4,750 5,500 6,250 Investment Government…

A: Here we calculate the equilibrium level of expenditures for this economy and choose the correct…

Q: 4. Compute the Gross National Product (GNP) in I. Income approach II. Expenditure Approach a.…

A: "Gross domestic product or GDP measures the market value of all the final commodities and service…

Q: The total market value of all final goods and services produced within a given period by factors of…

A: Statisticians and economists apply different methods to trace growth of economy. The most common and…

Q: Gross Domestic Product is equal to the market value of all the final goods and services in a given…

A: The estimated monetary or retail value of all finished goods and services for a certain amount of…

Q: Assume an economy produces only footballs and bascballs and the base year is 2017. Quantity Produced…

A: GDP is the sum total of market value of final goods and services produced in a country during a…

Q: The government purchases category of gross domestic product (GDP) includes spending by a) federal,…

A: GDP includes value of final goods and services produced in the economy within a given period of time…

Q: Table Value.1: Sales Value Production Sale Stage Value Farmer sells wheat $0.22 Miller sells flour…

A:

Q: During 2009, the leather company produced enough leather for 20 couches. The couch manufacturing…

A:

Q: When a firm produces and sells a refrigerator worth $1,000, its contribution to the gross domestic…

A: According to the income approach, all economic expenses should equal the total income produced by…

Q: Additions to inventory   O a. Add to next year's GDP when goods are actually sold   O b. Add to…

A: The economies around the world operate upon the basis of the activities of various entities. These…

Q: During 2009, the leather company produced enough leather for 20 couches. The couch manufacturing…

A: Here GDP will be calculated based on value added in each process

Q: Which of the following statements are correct? Select one or more: O a. Government spending on goods…

A: GDP The Gross Domestic Product (GDP) basically refers to the sum of all the value added in a given…

Q: 2012 2013 Nominal GDP Real GDP $10,000 $12,000 9,500 10,500 Given the information above, calculate…

A: the GDP deflator is a measure of the level of prices of all new, domestically produced, final goods…

Q: Question 11 Gross domestic product (GDP) is best defined as the total market value of all O a) final…

A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…

Q: Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. All…

A:

Q: GDP Data (in $ billion) Table 7-1 Durable goods $10,600.49 Services = $12,500.56 Business purchases…

A: please find the answer below.

Q: Calculate GDP using the information in the table below: $Billion Durable goods 500 Nonresidential…

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: You live in Canada, and purchased a car manufactured in Japan this year from a dealer in Canada. The…

A: As we know that GDP is the calculated by adding all the market value of goods and services produced…

Q: If nominal GDP is $900 and GDP deflator is 120, what is the real GDP in the economy? O a. 1350 O b.…

A: Real GDP = (Nominal GDP / GDP deflator) x 100

Q: Which industry is somewhat protected from economic downturns? (Select all that apply) O Capital…

A: NOTE: We;ll answer the first question as the exact one isn't specified. Please resubmit the question…

Q: If nominal GDP in 2014 is $20.000 billion while real GDP is $16.500 billion, then the GDP deflator…

A: The GDP deflator, also called implicit price deflator, is a measure of inflation. It is the ratio of…

Q: In 2009, Corny Company grows and sells $2 million worth of corn to Tasty Cereal Company, which makes…

A: Given; Value of corn sold by Corny company to tasty Cereal Company= $2 millionValue of corn flakes…

Q: Spending by households (public) is counted in the consumption category of gross domestic product,…

A: In economics, spending of the household is described as the amount of final expenditure of…

Q: Question 18 Restaurant Supply, Inc. sells cheese to Windy City Pizza for $1,000. Windy City Pizza…

A: Given: Restaurant supply selling cheese to Wincy City Pizza=$1000 Windy city pizza sells to…

Q: QUESTION 19 Transfer payments are O a. excluded when calculating GDP because they only reflect…

A: * ANSWER :-  * The OPTION B (excluded when calculating GDP because they do not reflect current…

Q: , while Services sells 70% of its output to Goods and retains . Find equilibrium prices for the…

A: A goods is a tangible thing that buyers want or own. A service is definitely not a substantial or…

Q: Using the table above, nominal GDP for Doc's Coffee in 2013 was O $47,000 O $60,000

A: The Nominal GDP is simply calculated by multiplying the production or output with prices of a given…