Business Project

Eco 201: HW Assignment for Unit 2
Chapter 24 (Tentative Due epoch: by October 4)

oppugn 3
Which of the following goods be normally intermediate goods and which are usually final goods: running blank space; cotton fibers; watches; textbooks; coal; sunscreen lotion; lumber? LO1

suspicion 6
Provide three examples of all(pre nominative): consumer durable goods, consumer nondurable goods, and services.

interrogatory 12
Which of the following are included or excluded in this course of studys GDP? Explain your answer in each case.
a. Interest current on an AT&T corporate bond.
b. Social Security payments received by a retired factory worker.
c. Unpaid services of a family member in painting the family home.
d. Income of a dentist from the dental services provided.
e. A monthly allowance a college student receives from home.
f. Money received by Josh when he resells his nearly brand-new Honda railroad car to Kim.
g. The publication and sale of a new college textbook.
h. An add in leisure resulting from a 2-hour decrease in the length of the workweek, with no reduction in pay.
i. A $2 billion increase in business inventories.
j. The purchase of 100 shares of Google common stock.





puzzle 2
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 -$10 billion, government purchases are $20 billion, sales of second-hand items are $8 billion, and gross coronation is $25 billion, what is the countrys GDP for the year?

conundrum 7
The following table shows nominal GDP and an appropriate expense index for a group of selected years. Compute real GDP. forecast in each calculation whether you are inflating or deflating the nominal GDP data. LO3

Chapter 25 (Tentative Due Date: by October 11)
Question 4
What are the four supply factors of economic growth? What is the use up factor? What is the efficiency factor? Illustrate these factors in damage of the production possibilities...If you want to get a full essay, invest it on our website: Ordercustompaper.com



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