.Indicate where each activity would be recorded on the expenditure side of GDP a

Question

.Indicate where each activity would be recorded on the expenditure side of GDP accounting [your choices are C (consumption), I (investment), G (government purchases), Ex (exports), Im (imports), and NR (not recorded)] . For C, I and G identify the component of these types of spending. For NR give a brief explanation of the reason in each case . Do not rewrite the tasks - give only answers in the form of the following table: first t e second t (a) A firm buys an auto for an executive and a firm pays the executive (b) A housewife buys fish from a fisherman and a seafood restaurant (e) An airplane producer buys a company producing tyres and an (d) An advertising agency purchases a new computer printer for its additional income to buy the automobile herself. buys fish from this fisherman airplane producer buys tyres from a tyre company staff and an advertising agency purchases toner the (e) A firm increases inventories of unsold washing machines and a ( A family buys a new apartment from the construction firm and a (g) A department store hires a retail sales clerk for the summer and a (h) A person buys his family a new auto that was manufactured for computer's printer firm builds a storehouse for storing unsold washing machines family buys a new apartment from another family department store buys goods from the wholesaler. abroad and the city government buys four new buses that were fully produced abroad

Explanation / Answer

Answer:

The First Transcation The Second Transcation a Fixed Investment Captial Investment b Personal Consumption Inventory Investment c Fixed Investment Captial Investment d Fixed Investment Personal Consumption e Inventory Investment Fixed Investment f Personal Consumption Personal Consumption g Captial Investment Inventory Investment h Import Government Expenditure through Import

Related Questions

Navigate

• Browse (All)
• Browse #
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.