2 The table below details the composition of an economy's GDP by spending category.CategoryExpenditures (billions of dollars)Fixed business investment$2,950.00Durable goods$2,450.00Exports$600.00Federal government purchases$1,550.00New home construction$1,100.00$720.00ImportsChange in inventories$-200.00Nondurable goods$4,300,00Services$8,150.00State and focal government purchases$2,350.00Use the information in the table to calculate the following:a) Consumption: $billionb) Investment: $billionc) Government: $billiond) Net exports: $billione) GDP: $billion

Consumption includes spending on durable, nondurable and services. Construction of new home is a…

The table below details the composition of an economy's GDP by spending category. Category Expenditures (billions of dollars) Fixed business investment $2,950.00 Durable goods $2,450.00 Exports $600.00 Federal governiment purchases $1,550.00 New home construction $1,100.00 Imports $720.00 Change in inventories $-200.00 Nondurable goods $4,300,00 Services $8,150.00 State and local government purchases $2.350.00 Use the information in the table to calculate the following: a) Consumption: $ billion b) Investment: $ billion c) Government: $ billion d) Net exports: $ billion e) GDP: $ billion

The table below details the composition of an economy's GDP by spending category. Category Expenditures (billions of dollars) Fixed business investment $2,950.00 Durable goods $2,450.00 Exports $600.00 Federal governiment purchases $1,550.00 New home construction $1,100.00 Imports $720.00 Change in inventories $-200.00 Nondurable goods $4,300,00 Services $8,150.00 State and local government purchases $2.350.00 Use the information in the table to calculate the following: a) Consumption: $ billion b) Investment: $ billion c) Government: $ billion d) Net exports: $ billion e) GDP: $ billion

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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The graph shows the market for mugs in which the government has imposed a tax of $4 per mug. Draw a point to show the price paid by buyers and the quantity bought. Draw shapes that represent the following: 1) consumer surplus. Label it CS. 2) producer surplus. Label it PS. 3) the tax revenue received by the government. Label it TR. 4) the deadweight loss created by the tax. Label it DWL. >>> A label can be repositioned by clicking on the edge of the label box and dragging it onto the shape. esc ↑. C Selected: none $ ▸ 0
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M1
There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed in the attached table. If the tenants have the right to be free of loud music enforced through a property rule, how many bands will play in Rock‐n‐Roll Bar on a Saturday night? A. Zero B. One C. Two D. Three E. It depends on transaction costs
why choose A?
Pls help ASAP
What are the Revenue projects?
There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed below. Assume the bar owner has the right to hire as many bands as she likes. Iftransaction costs were $90, split between the bar owner and the tenants, how manybands would play? What would social welfare be? A. Three bands would play and social welfare would be ‐100.B. Two bands would play and social welfare would be 75.C. Two bands would play and social welfare would be ‐15.D. No bands would play and social welfare would be 0.E. Three bands would play and social welfare would be ‐190
There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed below. If the tenants have the right to be free of loud music enforced through aproperty rule, how many bands will play in Rock‐n‐Roll Bar on a Saturday night? A. ZeroB. OneC. TwoD. ThreeE. It depends on transaction costs
How about 5-7?