Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 13, 2024

Quality Motors is a Japanese-owned company that produces automobiles, where all of its automobiles are produced in American plants. In 2010, Quality Motors produced $30

Quality Motors is a Japanese-owned company that produces automobiles, where all of its automobiles are produced in American plants. In 2010, Quality Motors produced $30 million worth of automobiles, with $17 million in sales to Americans, $9 in sales to Canadians, and $4 million worth of automobiles added in Quality Motors' inventory. The transactions just described contributes to how much for U.S. GDP in 2010?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Microeconomics

Authors: Hal R. Varian

9th edition

978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968

Students also viewed these Economics questions

Question

★★★★★

Describe the paradox of active fundamental analysis.

Answered: 1 week ago

Question

★★★★★

Draw a UML sequence diagram for a read transaction that includes a DRAM refresh operation. The sequence diagram should include the CPU, the DRAM interface, and the DRAM internals to show the refresh...

Answered: 1 week ago

Question

★★★★★

Does exposure to interpersonal violence foster subsequent aggressive behavior?

Answered: 1 week ago

Question

★★★★★

A researcher wishes to compare two hotels on the following attributes: Convenience of location Friendly personnel Value for money a. Design a Likert scale to accomplish this task. b. Design a...

Answered: 1 week ago

Question

★★★★★

Portfolio bote and security marketine) You own a portfolio consisting of the following stocks: The risk free rate is 4 percent. Also, the expected retum on the market portfolio is 10 percent....

Answered: 1 week ago

Question

★★★★★

What is the key reason for the city's desire to build a new luxury hotel? Group of answer choices a. To provide support for the city convention center b. To provide jobs to the local economy c. To...

Answered: 1 week ago

Question

★★★★★

Eileen went to Las Vegas for Spring Break. While there she lost a bet at the roulette wheel, resulting in a shortfall of funds needed for the Fall semester's tuition. She bet on red, but the roulette...

Answered: 1 week ago

Question

★★★★★

If Happiness is crucial or intimate like our DNA as Layard then why are we still unhappy? Now if we think about it our reading so far provides us with ample answers as to what constitutes or...

Answered: 1 week ago

Question

★★★★★

Case study: (50 marks) -PART A On 1 July 2021, Tom Ltd acquired all the shares of Hanks Ltd on an ex-div . basis. Tom Ltd paid $850,000 cash and issued 120,000 shares which had a fair value of $5.00...

Answered: 1 week ago

Question

★★★★★

Exercise 3-17 (Algo) Preparing Financial Statements LO P5 Use the adjusted accounts for Stark Company to prepare the (1) income statement and (2) statement of retained earnings for the year ended...

Answered: 1 week ago

Question

★★★★★

4.12 Consider the following mechanism for the production of ozone from the heating of oxygen: mols magorbyd or lo no Inopnop and atA -rigid Kf mainedos doivoblas kir 0302+0 to noisot (R.1) C (R.2)...

Answered: 1 week ago

Question

★★★★★

Respond to the following: Select a business you are familiar with or by conducting a search of the internet. Identify its business structure. Explain the advantages and disadvantages of that...

Answered: 1 week ago

Previous Question Next Question