Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 12, 2024

Which of the following intermediate good is not included in calculating gross domestic product? a) A new Ford expedition sport utility vehicle b) dinner at

Which of the following intermediate good is not included in calculating gross domestic product?

a) A new Ford expedition sport utility vehicle

b) dinner at Burger King

c) construction firms purchase of lumber to build a four bedroom home

d) The purchase of a newly constructed home

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

Managerial Economics Applications, Strategies and Tactics

Authors: James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris

13th edition

1285420926, 978-1285962399, 978-1285947853, 1285947851, 978-1285420929

More Books

Students also viewed these Economics questions

Question

★★★★★

A study was conducted to assess the combined effects of patient attitude and patient physician communication on patient satisfaction with medical care during pregnancy. A random sample of 110...

Answered: 1 week ago

Question

★★★★★

How many members voted? The employees of an accounting firm are planning to have lunch delivered to a meeting. Their choices are deli sandwiches (D), pizza (P), and burgers (B). The preference table...

Answered: 1 week ago

Question

★★★★★

1. Create a class lesson about how family members use math and reading in sewing and in house construction (Epstein & Van Voorhis, 2001).

Answered: 1 week ago

Question

★★★★★

In what way could African slaves maintain a degree of control over their situation as salves and their being forced to live a foreign culture?

Answered: 1 week ago

Question

★★★★★

A business employs three individuals, whose taxable earnings to date (prior to the current pay period) are $5,700, $8,000, and $1,000. During the current pay period, these employees earn $1,800,...

Answered: 1 week ago

Question

★★★★★

Chance Compony had two operating divisions, one manufacturing farm equipment and the other office supplies, Both divisions are considered separate components as defined by generally accepted...

Answered: 1 week ago

Question

★★★★★

Emilie Peters, the manager of the Laptop Division at Multitech Corporation, has enjoyed success. Her division's return on investment (ROI) has consistently been 18 percent on a total investment in...

Answered: 1 week ago

Question

★★★★★

Mack's Juices produces and bottles a line of fruit juices. The manufacturing process entails mixing and adding juices and other ingredients at the bottling plant, which is a part of Blending...

Answered: 1 week ago

Question

★★★★★

Assume that last year in a particular state with 700000 children there were 1307 children out of 33400 in a random sample who were diagnosed with Autism Spectrum Disorder. Nationally, 1 out of 88...

Answered: 1 week ago

Question

★★★★★

Exercise 14-30 (Algo) ROI versus RI (LO 14-2, 3) Albany Division is considering the acquisition of a new asset that will cost $540,000 and have a cash flow of $186,000 per year for each of the four...

Answered: 1 week ago

Question

★★★★★

In a famous study done in the 1960s two dolphins, Doris and Buzz, were trained to work together to earn fish. Doris was shown a light underwater. If the light was on steadily, her partner Buzz on the...

Answered: 1 week ago

Question

★★★★★

Which statement is true regarding claiming the Residential Energy Efficient Property Credit? Taxpayer may claim a 30% credit for the costs of qualified solar electric property. Labor costs are not...

Answered: 1 week ago

Question

★★★★★

2. In this chapter, the reader should reflect on the following concepts: emo-tional information, concrete information, local information, the reference object, consensus information, conflict...

Answered: 1 week ago

Question

★★★★★

11. Give two examples of each of the following heuristic assessment mechanisms. a) We use the information that is currently accessible. b) We assume an initial anchor point (value). c) We compare to...

Answered: 1 week ago

Question

★★★★★

4. Give an example of how the consistency principle can be used to influence others.

Answered: 1 week ago

Previous Question Next Question