What components of GDP (if any) would each of the following transactions affect? Explain. (a) Aunt Bee buys a new dining room table produced by a domestic manufacturer. (b) Mr. Davis hires a local contractor to build a new house. (c) Buick sells a new Envision SUV to Enterprise Rent-A-Car. (d) The federal government sends your Uncle Dave a disability check (Social Security Disability Insurance). (e) You purchase $100,000 worth of U.S. Treasury bonds. (f) Your parents purchase 3 pounds of authentic Prosciutto di Parma (produced in the Italian city of Parma). (g) The City of Trenton purchases three new police cruisers.

The country of Sylvania produces and consumes only three goods: Red Bull, pizza, and T-shirts. The quantity produced and price of each good in 2011 and 2012 are given in the following table: 2011 2012 T-Shirts Red Bull (cans) Pizza (slices) Quantity 100 530 970 Price $25 $1 $3 Quantity 120 530 890 Price $25 $2 56 Nominal GDP in 2011 was $ and nominal GDP in 2012 was $ (Enter your responses as integers.) If 2011 is the base year, real GDP in 2011 was $ and real GDP in 2012 was $ (Enter your responses as integers.) Based on your answer above, the percentage change in real GDP between 2011 and 2012 was percent. (Round your response to two decimal places and use a minus sign if necessary.) If 2012 is the base year, real GDP in 2011 was $ and real GDP in 2012 was $ (Enter your responses as integers.) Based on your answer above, the percentage change in real GDP between 2011 and 2012 was Using 2011 as the base year, the GDP deflator in 2011 was and the GDP deflator in 2012 was Based on your…

The following table shows data on personal consumption expenditures, gross private domestic investment, exports, imports, and government consumption expenditures and gross investment for the United States in 2007, as published by the Bureau of Economic Analysis. All figures are in billions of dollars. Fill in the missing cells in the following table to calculate GDP. Components   Personal Consumption Expenditures (CC) $9,734.2 Gross Private Domestic Investment (II) $2,125.4 Exports (XX) $1,643 Imports (MM) $2,351 Net exports of goods and services (X−MX−M)   Government Consumption Expenditures and Gross Investment (GG) $2,689.8 Gross domestic product (GDP)     This method of calculating GDP, which involves summing the       , is called the               approach.

Use the table to answer the questions. Assume firms pay all profits out to resource owners, there is no depreciation, and there are no taxes. 2010 Consumption spending (C) $350 Rent $100 Profit $175 Investment spending (I) $75 Interest $50 Government spending (G) $125 Net exports (NX) $10 Employee compensation $ Enter the value of GDP in 2010. Use the factor income approach to calculate employee compensation in 2010.

2) Which of the following items are included in GDP? For those items not included, explain why they are not included in GDP.   You buy newly issued shares of stock in Tektaş.com, Inc. You buy a new pair of gloves at a local shopping center. You have a hair cut at your hair salon. You buy an antique vase at a resale shop.

I completely understand that you will not do th entire worksheet but could you do a couple of them and explain to me how to finish the rest and how to calcuate the overall gdp? Thank you

A Nova Scotia Company is trying to successfully enter the cranberry market in Australia. What is the GNP or GDP for entry country (Australia), Is it growing? What is the per capita income? What is the average family income? What are the income classes and distribution?Does Australia have unexploited or underused resources that can affect future wealth?

Select all events that contribute to increase the current year’s GDP in Canada? A household purchases lumbers produced during the current year to renovate his house. The government purchases meals in a restaurant for its ministers. A household purchases a newly built house. The government builds a new road. An individual gets a haircut. None of the above.

Question 9 Which of the following affects this year's GDP? There may be more than one answer. a) The government decides to hand out more money to the poor. b) The government decides to raise health workers' salaries. c) The parliament decides to freeze their own salaries. d) You volunteer as a vaccine provider.

Which of the following is NOT included in Canadian GDP calculations? air pollution that contaminates the air you breathe car parts manufactured in Canada for assembly of a car in Mexico toxic waste cleanup performed by a local company cleaning services performed by a local cleaning company