company. Aunt Jane buys a new house from a local builder. You pay a domestic plumber for fixing a leak in your bathroom. The Jackson family buys an old Victorian house from the Walker family. You buy a new Toshiba computer Consumption C O D O 10 81 0 Investment O 13 D D 0 Government Purchases 21 10 000 Net Exports 0 D 10 0000 Activate Window
One day, Barry the Barber, Inc., collects $450 for haircuts. Over this day, his equipment depreciates in value by $30. Of the remaining $420, Barry serids $40 to the government in sales taxes, takes home $270 in wages, and retains $110 in his business to add new equipment in the future. From the $270 that Barry takes home, he pays $80 in income taxes. Based on this information, complete the following table by computing Barry's contribution to the measures of income listed. Barry's Contribution (Dollars) Measure of Income Gross Domestic Product Net National Product National Income Personal Income. Disposable Personal Income Activate Windows Go to Settings to activate Wi
Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Transaction Ford sells a Mustang from its inventory to the Martinez family. New York hires workers to plow snow after a snowstorm. Uncle Paul pays a domestic contractor for renovating his home. Ford manufactures a Focus and sells it to Avis, the car rental Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply. Transact
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am