Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Macroeconomics Expert

Problem:

Describe which of following transactions would be directly counted in the 2007’s GDP. In each case, illustrate whether the action causes a raise in Consumption, Investment, Govt. Purchases or Net Export. If the transaction is not comprised in 2007’s GDP, describe why not.

1. You buy $5000 worth of Google’s stock.

2. A record company manufactures 500, 000 CDs of the new artist. Only 100,000 are sold at the price of $15.00.

3. You bought a 1999 Lexus for 25,000 and then buy a set of special tires for $1600.

You fix your friend’s car saving him $300.00 and in return, he paints your house saving you $400.00.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M910679

Have any Question? 


Related Questions in Macroeconomics

Consider a consumer with utility function ux1 x2 min2x1 x2

Consider a consumer with utility function u(x1, x2) =min{2x1, x2} and income m who faces given prices p1 and p2. (a) Derive the demandfunctionof good 1. (b) What is the optimal consumption of good 1 i fm=6andp1 =p2 =1? ( ...

What is a financial system and why would a country with a

What is a financial system, and why would a country with a well-developed and fully functional financial system be better off than a country without it?

Per capita real gdp is given by the equation y ypn where y

Per capita real GDP is given by the equation y = Y/PN, where Y is nominal GDP, P is the GDP deflator, and N is population. In the United States, if the average growth rate of nominal GDP is 2.8 percent, inflation is 1.6 ...

The theory of market economies emphasizes freedom of choice

The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure - the inability of the market economy to correct itself ...

What is the difference between a shift in the demand curve

What is the difference between a shift in the demand curve, and a movment along the demand curve?

What are temporary tables when are they useful justify with

What are temporary tables? When are they useful? Justify with an example.

You work for a company in india that manufactures and

You work for a company in India that manufactures and exports batteries and other charge storage devices. You are the sales manager for a DC-DC converter that is used to step up or step down the voltage in various indust ...

Research paper in eco classthis is a reasearch paper for an

RESEARCH PAPER IN ECO CLASS. This is a reasearch paper for an Economy class. 1. You have to read the instructions before you start working to know every thing about what you have to do. 2. You will choose the topic (Shad ...

Which of the fcaps models in your view is the most

Which of the FCAPS models, in your view, is the most difficult to design and implement in a network, and why?

Question 1a is calculated as a flat percentage of income

Question 1 A ________________________________ is calculated as a flat percentage of income earned, regardless of level of income. a) proportional tax b) progressive tax c) regressive tax d) estate and gift tax Question 2 ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate