Suppose you were hired to calculate the Gross Domestic Product (GDP) by using the expenditure approach. You would count buying a new house as _____.net exports
consumption
investment

Answers

Answer 1

Answer: Suppose you were hired to calculate the Gross Domestic Product (GDP) by using the expenditure approach. You would count buying a new house as investment.
Investment is one of the items to consider to determine GDP by expenditure approach which includes residential construction, since residential buildings can be rented out, even if they are occupied by owners.

Answer 2

Answer:

investment is the correct answer thanks

Related Questions

1. What effect does a rise in the cost of machinery or raw materials have on the cost of a good? A rise in the cost of raw materials (but not machinery) raises the cost. The good becomes cheaper to produce. The good becomes more expensive to produce. It does not have any effect on the cost of the good. 2. What does new technology generally do to production? It lowers cost and decreases supply. It lowers cost and increases supply. It increases cost and decreases supply. It has very little effect on production. 3. Why does the United States regulate automobile manufacturing in so many ways? to protect the consumer from Japanese and European automobiles to keep the price of U.S. automobiles competitive with others to keep the manufacturers of U.S. automobiles from gaining too much of the market to offset the air pollution caused by automobiles 4. When any effort by government causes the supply of a good to rise, what happens to the supply curve for that good? It shifts to the left. It shifts to the right. It reverses direction. The supply curve is not affected. 5. How do future expectations about the price of a good affect the present supply? If the price is expected to increase, many producers will hold onto their supply. If the price is expected to decrease, many producers will hold onto their supply. If the price of a related good is expected to increase, only a few sellers will hold onto their supply until the increase occurs. If the price is expected to increase and then decrease, most sellers will hold onto their supply until the decrease has occurred. 6. If prices rise and income stays the same, what is the effect on demand? More is bought of some goods and less of others. Fewer goods are bought. More goods are bought. Demand stays the same. 7. How can the demand for one good be affected by increased demand for another one? When goods are bought together, increased demand for one will decrease demand for the other. If goods are used together, increased demand for one will increase demand for the other. If goods are substitutes for each other, increased demand for one will increase demand for the other. A drop in price for a good will increase demand for the good and its substitute. 8. How does the price range affect the elasticity of demand for a product? Demand for all goods is elastic if the price is low enough. Demand for a good can be elastic at a low price but inelastic at a high price. Demand for a good can be inelastic at a low price, but elastic at a high price. Price range has little or no effect on elasticity of demand for a good. 9. What is the principle of the law of supply? The lower the price, the larger the quantity produced. The higher the price, the larger the quantity produced. The higher the price, the smaller the quantity produced. The lower the price, the more manufacturers will produce the good. 10. How is the total cost of a factory or other production site determined? marginal cost plus fixed cost fixed cost plus variable cost marginal cost plus variable cost marginal cost plus output cost
To stay financially viable, a performance (whether theater or film) must almost always do what? a. sell tickets b. accept donations c. find sponsors d. rely on volunteers
How can poor education facilities be improved
Mark is a sales executive with Emergo Systems. Mark can leave early from office for his piano practice sessions as soon as he achieves his daily target. Which of the following is exemplified in this scenario?A) Win–loseB) High-directive–low-supportiveC) Zero-sumD) Win–win
If an adjustment for $7,500 in accrued revenues is omitted, how will this affect the financial statements?a. There will be no effect on the financial statements. b. Net income will be understated by $7,500. c. Accounts Receivable will be overstated by $7,500. d. Net income will be overstated by $7,500.

The ____ section of the project scope document is where the contractor or project team can state and clarify exactly what is included in the work scope and provide an opportunity to reconsider items that are not stated but that the customer may have forgotten to include in her requirements or RFP.

Answers

The statement of work section of the project scope document is where the contractor or project team can state and clarify exactly what is included in the work scope and provide an opportunity to reconsider items that are not stated but that the customer may have forgotten to include in her requirements or RFP.

I hope this helps :)

SHORT ESSAY: What exactly is this principle of the invisible hand in relationship to the free market? Answer in at least 150 words.

Answers

Answer: The unobservable market force that helps the demand and supply of goods in a free market to reach equilibrium automatically is the invisible hand.

Description: The phrase invisible hand was introduced by Adam Smith in his book 'The Wealth of Nations'. He assumed that an economy can work well in a free market scenario where everyone will work for his/her own interest.

He explained that an economy will comparatively work and function well if the government will leave people alone to buy and sell freely among themselves. He suggested that if people were allowed to trade freely, self interested traders present in the market would compete with each other, leading markets towards the positive output with the help of an invisible hand.

In a free market scenario where there are no regulations or restrictions imposed by the government, if someone charges less, the customer will buy from him. Therefore, you have to lower your price or offer something better than your competitor. Whenever enough people demand something, it will be supplied by the market and everyone will be happy. The seller end up getting the price and the buyer will get better goods at the desired price.

Explain carefuly what the solluare culaut meers.

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95% confident the interval 72.3 to 78.1 beats per minute contains the true mean heart rate.

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The question is unclear and difficult to understand. Please rephrase it or provide more details for assistance.

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Project size is an important consideration in technical feasibility. Larger projects create more risk, both because they are more complicated to manage and because there is a greater chance that some important system requirements will be overlooked or misunderstood.A. True
B. False

Answers

Answer:

TRUE

Explanation:

Project size is very paramount when preparing a feasibility report. Feasibility report helps in understanding the cost and also the probable revenue to he gotten in the business. With stating the project size in the report, you'd be able to know if you have the needed resources to complete the required project size. Larger projects are also more complicated because of the numerous requirements needed as compared with smaller projects. Feasibility report helps account for the requirements and complexity so that nothing is missed during the preparatory stage.

What do shareholders have to pay on profits

Answers

Shareholders pay their profits in many ways like dividends, buying back stocks and retained earnings.

1. Who does a retail company sell products to? Wholesalers / Manufacturers / End consumers/ Producers 2. Staple goods and impulse goods are examples of which type of consumer good?Specialty / Convenience / Unsought Shopping 3. An improvement that makes a product satisfy its purpose better is an improvement to the product's ____________ utility. Information / Place / Possession / Form

Answers

The right answer for the question that is being asked and shown above is that: "End consumers" a retail company sell products to the End consumers

The right answer for the question that is being asked and shown above is that: "Convenience " Staple goods and impulse goods are examples of Convenience

The right answer for the question that is being asked and shown above is that: "Information " An improvement that makes a product satisfy its purpose better is an improvement to the product's Information

Answer:

A retail company sell products to End consumers
Staple goods and impulse goods are examples of Convenience consumer good
An improvement that makes a product satisfy its purpose better is an improvement to the products information utility

Explanation:

Retail companies are companies that acts like the last man on the supply chain of the demand and supply network in the open market. and they sell to End consumers, the staple goods and impulse goods are mostly been handled by retailers because they are everyday needs of man and the retailers are the closest to the consumers. product information helps the consumer to make maximum use of the product

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Investment advisers are prohibited from doing all of the following EXCEPT:A. assigning a customer's contract without permissionB. charging a retainer feeC. charging commissions on trades effected for the clientD. changing partnership management without notifying clients

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Why do interest inventories compare your interests with the interests of others?choices are: to compare you with other people to see if your interests are better than theirs to compare your interests with other’s interests to see if they are the same to match you with a career that someone with your same interests enjoys to replace those people within the company because your interests are more in line with company standards

If an individual has a balance on her credit card, but would like to pay less money in the long run, she should _____. make the minimum payment every month talk with her credit card company about removing her annual fee pay as much as possible each month close her account and transfer her balance to a different credit card