# Issue 18/08/2017 We Prepare for Future Careers JUAL Revision Date 25/06/2018 Form No.ECTIACAITOS OU Group Work...

###### Question:

Issue 18/08/2017 We Prepare for Future Careers JUAL Revision Date 25/06/2018 Form No.ECTIACAITOS OU Group Work 1 Question 1: The table below gives some of the items in the U.S. National Income and Product Accounts in 2017. (6 marks) Item Wages 11,600 Consumption Expenditure 16,000 Indirect taxes 2,684 Interest, rent, and profit 6,000 Investments 4,400 Government Expenditure 4,000 Depreciation 5,316 Exports 2,400 Imports 1200 1. Given the above information, is this economy a net exporter or a net importer? (1 mark) 2. Calculate U.S. GDP in 2017 using the two approaches? (4 marks) 3. In May 2017, I sell my house which was constructed in 2010 for 1 million dollars. Does this transaction affect the GDP of 2017? Justify your answer (1mark) vice or an intermediate goo

#### Similar Solved Questions

##### A class contains 5 boys and 6 girls. The teacher is told that 3 of the students can go on a school trip, and selects them at random. What is the probability that 2 boys and 1 girls are selected?
A class contains 5 boys and 6 girls. The teacher is told that 3 of the students can go on a school trip, and selects them at random. What is the probability that 2 boys and 1 girls are selected?...
##### How do you solve -4j + 14= - 2( 2j - 7)?
How do you solve -4j + 14= - 2( 2j - 7)?...
##### ) One mole of a monoatomic ideal gas at initial pressure of 30 atm and 600...
) One mole of a monoatomic ideal gas at initial pressure of 30 atm and 600 K undergoes a rapid adiabatic free expansion from a vessel to another 50 times larger in volume. Find the change in temperature and the increase in entropy....
5) (10 points) Suppose demand for rice is: Suppose supply of rice is: QP=201-2P QS-120+P a) What is the equilibrium price and quantity? b) Suppose the government wants to keep the price at $35 by purchasing rice and destroying it. How much rice should the government purchase?... 1 answer ##### What are the main assumptions and the basic conclusion of the original Modigliani and Miller proposition... What are the main assumptions and the basic conclusion of the original Modigliani and Miller proposition on the capital structure? Explain. short and correct answer please... 1 answer ##### 1. Please provide correct solution. Thank you. Acid rain is a serious environmental problem. A sample... 1. Please provide correct solution. Thank you. Acid rain is a serious environmental problem. A sample of rainwater collected in the Sierra Mountains had an H+ concentration of 0.1 mmol/L. The pH of this sample was 0 1 3 4 100 Rank the elements carbon (C), hydrogen (H), oxygen (O), and phosphorus... 1 answer ##### How can you improve your business with applied Kaizen "Continuous improvement"? ( Choose a product and... How can you improve your business with applied Kaizen "Continuous improvement"? ( Choose a product and then solve ) Kaizen Five-Step Plan... 1 answer ##### Problem 13-9 Calculating the WACC Hero Manufacturing has 8.3 million shares of common stock outstanding. The... Problem 13-9 Calculating the WACC Hero Manufacturing has 8.3 million shares of common stock outstanding. The current share price is$79 and the book value per share is $4. The company also has two bond issues outstanding. The first bond issue has a face value of$85 million, a coupon rate of 6.4 per...
ht ates Current Attempt in Progress xcel Con- Recent financial statements of General Mills, Inc. report net sales of $12.491,470,000. Accounts receivable are$956,890,000 at the beginning of the year and \$973,285,000 at the end of the year. Support X Your answer is incorrect. sources erves aluations...