Activities included (and not included) in the calculation Of GDP The gross domestic product (GDP) of the United States is defined as the all in a given period of time
Based on this definition, indicate which of the following transactions will be included in (that is, directly increase) the GDP of the United States in 2014
2014 GDP
Scenario Included Excluded
Calculo, a U. S. electronics company, produces a calculator at a plant in Indonesia on March 14, 2014. Calculo imports the calculator into the United States on May 17, 2014. Rotato, a U. S. tire company, produces a set of tires at a plant in Michigan on September 25, 2014. It sells the set of tires to Speedmaster for use in the production of a two-door coupe that will be made in the United States in 2014. (Note: Focus exclusively on whether production of the set of tires increases GDP directly, and ignore the effect of production of the two-door coupe on GDP.) The Jones family buys an antique silver platter at an auction in upstate New York on March 14, 2014. Zippycar, a U. S. automobile company, produces a convertible at a manufacturing plant in Minneapolis on January 8, 2014. It sells the car at a dealership in Dallas on February 9, 2014. Fastlane, a Japanese automobile company, produces a sedan at a plant in Indiana on December 1, 2014. A family buys the sedan on December 20.

Which of the following best explains why treasury bonds have an effect on the size of the money supply? a. the amount of treasury bonds in circulation affects both unemployment and inflation. b. the government can spend more money and charge lower taxes by using treasury bonds. c. the federal reserve bank can buy and sell these bonds to raise or lower bank deposits. d. the interest paid on treasury bonds influences the interest rates charged by private banks. 2b2t

Instructions: use the following information to construct the 2000 balance sheet and income statement for carolina business machines. round all numbers to the nearest whole dollar. all numbers are in thousands of dollars. be sure to read the whole problem before you jump in and get started. at the end of 1999 the firm had $43,000 in gross fixed assets. in 2000 they purchased an additional $14,000 of fixed asset equipment. accumulated depreciation at the end of 1999 was $21,000. the depreciation expense in 2000 is $4,620. at the end of 2000 the firm had $3,000 in cash and $3,000 in accounts payable. in 2000 the firm extended a total of $9,000 in credit to a number of their customers in the form of accounts receivable. the firm generated $60,000 in sales revenue in 2000. their cost of goods sold was 60 percent of sales. they also incurred salaries and wages expense of $10,000. to date the firm has $1,000 in accrued salaries and wages. they borrowed $10,000 from their local bank to finance the $15,000 in inventory they now have on hand. the firm also has $7,120 invested in marketable securities. the firm currently has $20,000 in long-term debt outstanding and paid $2,000 in interest on their outstanding debt. over the firm's life, shareholders have put up $30,000. eighty percent of the shareholder's funds are in the form of retained earnings. the par value per share of carolina business machines stock is

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.