EconomicsAlthough GDP is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation. Which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States?
a. The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.b. The costs of air and water pollution.c. Funds spent by city governments to renovate their buildings.d. The leisure time they have.
When a U.S. company purchases and imports wood from Brazil to use to build new houses within the United States, this purchase increases the_____component of GDP while also_____net exports by the same amount. Therefore, the purchase of wood from Brazil_____in US GDP.

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Answer 1

The following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating GDP for the United States:  

a. The value of baby-sitting services, when the babysitter is paid in cash and the transaction isn't reported to the government.

b. The costs of air and water pollution

d. The leisure time they have

The purchase of wood from Brazil, the import component of GDP increases whole net exports decreases by the same amount. The purchase of wood from Brazil decreases US GDP.

Gross domestic product is the sum of final products produced in a country within a given period. GDP can be determined using the expenditure, income or value added product.

GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government spending + Net export

Items not included in the calculation of GDP includes:  

1. Activities not reported to the government  

2. illegal activities

3. sale or purchase of used products

4. externalities

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Related Questions

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The term that describes the sum of money given to the reseller after initial promotional deal in addition to each unit, and it is been given by the producer is buy back allowance.

Buy back allowance serve as initial incentive, it can be regarded as form of trade sales promotion whereby there is ;

offering of incentive to channel members.so they can restock their store.

It is been given by the producer to the reseller to motivate the reseller.

Therefore, buy back allowance is the correct term

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_______ structures arrange people with diverse occupational specialties into formal groups based on similar products, clients, or geographic regions.

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Divisional structures arrange people with diverse occupational specialties are put together in formal groups by similar products or services, customers or clients, or geographic regions.

When you purchase a new computer from apple. Com for yourself to use at school, you are using which model of e-commerce?.

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The model of e-commerce i am using is Business to consumer sales (B2C)

B2C is where buying and selling takes place between buyers and retailers without any middle person.

In B2C, online retailers sells products and services to consumers through the Internet.  Here,  businesses sell products or services directly to consumers online.

Therefore, when you purchase a new computer from apple. Com for yourself to use at school, you are using Business to consumer sales (B2C) model of e-commerce.

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A firm using paid, non-personal communication by identified sponsors through various media has chosen to use _ to promote its products.

Answers

Answer: Advertising

Explanation:

Organization do have different ways they promote their products. A firm that is using paid, non-personal communication by identified sponsors through various media has chosen to use advertising to promote its products.

Advertising ia commonly described as any paid, nonpersonal communication via the used of different media by organizations and individuals who are in some way known in the message.

A good and successfully operated campaign needs all activities to be well-coordinated so as to build on one another to increase the overall impact.

Advertising uses a lot of related, well-timed, carefully placed television ads along with print advertising in some magazines and newspaper.

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To determine if a project is acceptable compare the internal rate of return to the company's ______.

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In order to determine if a project is acceptable, it's important to compare the internal rate of return to the company's cost of capital.

It should be noted that the rate of return is determined by assessing the risk involved, cost of capital, etc.

Therefore, to determine if a project is acceptable, one has to compare the internal rate of return to the company's cost of capital. If the IRR is greater than the cost of capital, then the project should be accepted.

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The average person usually has between 15 - 30 acquaintances. Please select the best answer from the choices provided T F.

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People often make friends or acquaintances. The average person usually has between 15 - 30 acquaintances is a false statement.

An acquaintances is simply known as an individual familiar to one, but usually not a close friend.

It is often regarded as the state of being acquainted or casually knowing  someone/something  An example of an acquaintance is a person you went to music class with but do not always keep in touch with them on a regular basis.

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Answer:

False

Explanation:

esearch on transformational and transactional leadership shows a. transactional leadership is more effective than transformational leadership. b. transactional leaders have little to no influence on employee attitudes. c. transformational leaders create higher levels of commitment to organizational change efforts. d. transactional leaders increase the intrinsic motivation of their followers.

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Based on various study analyses, the research on transformational and transactional leadership shows that "transformational leaders create higher levels of commitment to organizational change efforts."

This is because transformational leaders are the type of leaders that encourage and motivate their followers to make effective changes.

On the other hand, transactional leaders are types of leaders that mainly promote changes that favor their self-interest.

Hence, in this case, it is concluded that the correct answer is option C. "transformational leaders create higher levels of commitment to organizational change efforts."

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If+d+0+=+$1. 75,+g+(which+is+constant)+=+3. 6%,+and+p+0+=+$32. 00,+what+is+the+stock's+expected+total+return+for+the+coming+year?.

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Answer:

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Explanation:

True or false: Obtaining top management's leadership and commitment is not necessarily critical for diversity programs to succeed.

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Answer:false

Explanation:

Zach buys most of his day-to-day household provisions from a local supermarket. During one of his visits to the store, he found it unusually crowded. He did not want to wait in the long checkout queue, so he decided to go to another store. Zach's decision is a result of a(n) _____ influence.

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Zach’s decision is a result of a(n) situational influence.

Decision making in businesses used to be limited to management. Today, lower level employees are responsible for some of these decisions, as information systems make information available to lower levels of the business. Identify the statement that best describes unstructured decisions.

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People often take decisions daily. The statement that best describes unstructured decisions is that Structured decisions are repetitive and routine decisions which are handled procedurally.

Structured decision making is simply referred to as a thoroughly organized analysis of problems so as to make a final decisions that are based mainly on achieving fundamental objectives.

All decision is made up of several primary elements such as management objectives, decision options, knowing beforehand decision outcomes etc.

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Your friend Jomaine says a Traditional IRA or 401(k) has the best tax advantages because you don't pay any taxes now, and you can wait until you retire to pay taxes. Why might he be right?

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Government often tax the income of its people. The reason why might he be right is that if an individual expect tax rates to go up or because one is starting your career and your tax bracket would be lower now than what it will be later on.

When an individual is older and in retirement, the person would want to save your money and not have to worry about any taxes.

Tax advantages simply defined as the economic bonus that applies to some accounts or investments that an individual has such as one gotten by statute, tax-reduced, tax-deferred, or tax-free.

Conclusively, An Examples of tax-advantaged accounts and investments are retirement plans, education savings accounts, medical savings accounts etc.

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terms like "can be," "as much as," and "help," are examples of

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Terms like "can be," "as much as," and "help," are examples of ambiguity

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When current output is less than potential output, which of the given monetary policies is the federal reserve (the fed) likely to enact?.

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The federal reserve is likely to enact that reserve requirement should be lower so that there will be a decrease the interest rate in the case when current output is less than potential output.

The Federal reserve does enhance the economy by reducing the interest rate that banks pay each other for overnight loans.

However, if the current output is greater than potential output, then, the FED would try to reduce current output by increasing the interest rate.

In conclusion, the federal reserve is likely to enact that reserve requirement should be lower so that there will be a decrease the interest rate in this case when the current output is less than potential output.

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According to business management roles, the "financial manager" of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.

This is because the financial managers are the individuals in a firm whose role or responsibility is to ensure that the organization is functioning well financially.

Their roles usually involve providing the financial guidance, developing financial reports, making direct investment activities, etc.

Hence, in this case, it is concluded that the correct answer is "Financial Manager."

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In ________ programs, annual compensation increases are usually linked to performance appraisal ratings.

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Answer:

Performance appraisal (PA) is a method by which the job performance of an employee is documented and evaluated. Performance appraisals are a part of career development and consist of regular reviews of employee performance within organizations.

A merit rating is a score that each state assigns to employers based on their employment stability and employee turnover. The state then uses the merit rating to levy state unemployment taxes on each employer. Companies with lower ratings will have to pay lower unemployment tax percentages.

Explanation:

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what steps must countries take to transition to a mixed-market economy?

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Answer:

The steps that contries must take to transition to a mixed-market economy is by first establishing a fair labor market, discouraging all foreign investment and opening up trade to other countries.

Suppose that Walmart and Target are selling Sony flat-screen computer monitors for a price of $150 or $200 each. Based on the information in the payoff matrix, does a Nash equilibrium exist?

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Based on the information in the payoff matrix, a Nash equilibrium exists.

Nash equilibrium can be described as the choice market players would make in which they would have no incentive to change their decisions. It is the best outcome for each market player.

Looking at the payoff matrix, the payoff of charging $150 results in the higher profits for both Walmart and Target. Thus, the Nash equilibrium for both stores is to charge $150.

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According to CDC Director Dr. Walensky, the percentage of CDC vaccinated employees is not known.

This is based on the interview conducted by Senator Cassidy on the situation of the coronavirus vaccine.

In the interview, Senator Cassidy asked Dr. Walensky a series of questions concerning the vaccines, including the number or percentage of CDC ( Centers for Disease Control and Prevention) employees that have been vaccinated.

Dr. Walensky responds that “I don’t have that for you today, " which implies that it is not known at that moment.

Hence, in this case, it is concluded that the correct answer is "It is not known."

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The practice of the investors who trade in and out of the fund in order to make profit is known as Market timing.

Market timing is defined as the predictions an investor makes about price movement.

In other word, the strategy is when investor tries to identify the best times to be in the market and when to get out.

In conclusion, the practice of the investors who trade in and out of the fund in order to make profit is known as Market timing.

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Many online stream services allow customers to use their service of limited for 30 days. This strategy tries to increase the diffusion of a new format of using the service through increasing ________.

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Answer:

trialability

Explanation:

trialability is the strategy used to try to increase the diffusion of new format using the service

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Answer:

The Social Security Act of 1935 was designed to combat widespread poverty among senior citizens and to aid the disabled. The government program, one of the few parts of the New Deal still in existence, provides income to retired wage earners and the disabled who have paid into the program throughout their working lives via a payroll deduction.

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What hootsuite analytics feature allows you to share an unlimited amount of customizable social analytics data, to surface the performance of your organization’s social accounts to key stakeholders?.

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The Reports feature of hootsuite analytics allows one to share an unlimited amount of customizable social analytics data.

The Hootsuite Analytics is to used to measure the performance of someone's social media activity across multiple social networks.

The reports feature of hootsuite analytics allows one to share an unlimited amount of customizable social analytics data

The reports feature of hootsuite analytics helps to surface the performance of your organization’s social accounts to key stakeholders.

Hence, the Report features is the answer.

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The balance in the accumulated depreciation account represents the:

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The balance in the Accumulated Depreciation account represents the amount to be deducted from the cost of the plant asset to arrive at its fair market value.

Keith works as a construction foreman, and he is viewed as a reliable, competent employee. During the 2007-2009 recession, Keith's employer reduced its workforce and Keith was let go without the expectation of being called back. Which one of the following would most likely provide Keith with benefits?
A) Group life insurance.B) Unemployment insurance.C) Workers' compensation insurance.D) Supplemental unemployment benefits.

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Unemployment insurance is the provision that is most likely to provide Keith with benefits.

The unemployment insurance refers to a federal program which provides cash benefits to eligible workers.

Benefit in this aspect refers to compensation to be given to insured because of the loss he suffered as a result of unemployment.

In conclusion, the Option B is correct because Unemployment insurance is the provision that is most likely to provide Keith with benefits.

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Companies in European countries sometimes compete with imports of their own products at lower prices because of _____. Multiple choice question. different taxes and competitive price structures the flexibility in import quotas the decline of illegal imports and uniform prices lowered tariffs and similar tax benefits

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The importing and exporting activity of a country can affect its GDP, its exchange rate, and interest rates. Companies in European countries sometimes compete with imports of their own products at lower prices because of different taxes and competitive price structures

 A weaker domestic currency often leads to exports and also makes imports more expensive and so therefore, a strong domestic currency boast exports and makes imports cheaper.

Pricing as an active instrument  is often used by firms to sets prices so as to achieve specific goals, including targeted returns on profit and targeted sales volumes.

Taxes that is placed on goods/services have a lot of ways that it influences the prices of that goods and services.

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people often become wealthy by using a painfully simple strategy.

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Answer:

It's about the power

It's about the drive

Explanation:

Just listen to face off song

An analyst who wants to compare two companies based on their income statement information should prepare a _____ income statement.

Answers

Answer:

Classified (Or Multi-Step) Income Statement

Explanation:

A Classified Income Statement states the income a company has made in a certain time frame, including revenue, expenses, and profits of an organization or company.

An analyst who wants to compare two companies based on their income statement information should prepare a Classified (Or Multi-Step) Income Statement.

What is a Statement?

A statement, like "Pizza is tasty," is a declaration that something is true. In the fields of law, banking, and government, there are more types of statements. Every statement makes a claim or a point. If you see an accident, you have to tell the police what you observed in a statement.

Positive assertions are objective, as is positive reasoning more generally. They can be tested as a result. These can be divided into two groups. One is a claim, such as "a decline in GDP results in an increase.

Unemployment." By examining the GDP and unemployment statistics, this argument can be objectively tested. The second type is a factual remark, such as "It's raining" or "Microsoft is the world's largest manufacturer of computer operating systems."

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What is not a determinant of ped.

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Answer:

Goods on which consumer spend less proportion of his income has an inelastic demand like a needle and newspaper. But the amount of income of a consumer does not affect the price elasticity of demand. Consumer's income has no relation with the price elasticity of demand for a particular good.

Explanation:

keitaro, a university administrator, needs to send an official memo to the directors of the registration, advising, and financial aid divisions, as well as their supervisors. to determine who should receive his memo, keitaro consults the

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Based on the information given to determine who should receive his memo, keitaro consults the organization chart.

Organizational chart is a chart that help to illustrate a company or organization structure based on their rank and the job responsibilities assign to each one of them.

Based on the information given using the organization chart is the best as this will enable the university administrator to identify the right person to receive the official memo.

The university organization chart will show the person to receive the memo based on the rank and workload designated to each individual on the chart.

Inconclusion  to determine who should receive his memo, keitaro consults the organization chart.

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