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Question : 21.Totalincomefromthedomesticproductionoffinalgoodsandservicesequals a.onlyhouseholdexpendituresforthesegoods. b.onlyhouseholdandbusinessexpendituresforthesegoods. c.onlyhou : 1261675

Economics

 

21.Totalincomefromthedomesticproductionoffinalgoodsandservicesequals

a.onlyhouseholdexpendituresforthesegoods.

b.onlyhouseholdandbusinessexpendituresforthesegoods.

c.onlyhouseholdandgovernmentexpendituresforthesegoods.

d.theexpendituresforthesegoodswhoeverbuysthem.

22.Intheactualeconomy,goodsandservicesarepurchasedby

a.households,butnotfirmsorthegovernment.

b.householdsandfirms,butnotthegovernment.

c.householdsandthegovernment,butnotfirms.

d.households,firms,andthegovernment.

23.Accordingtothecircular-flowdiagramGDP

a.canbecomputedasthetotalincomepaidbyfirmsorasexpendituresonfinalgoodsandservices.

b.canbecomputedasthetotalincomepaidbyfirms,butnotasexpendituresonfinalgoodsandservices.

c.canbecomputedasexpendituresonfinalgoodsandservices,butnotasthetotalincomepaidbyfirms.

d.cannotbecomputedaseithertotalincomepaidbyfirmsorexpendituresonfinalgoodsandservices.

24.Accordingtothecircular-flowdiagramGDP

a.canbecomputedaseithertherevenuefirmsreceivefromthesalesofgoodsandservicesorthepaymentstheymaketofactorsofproduction.

b.canbecomputedastherevenuefirmsreceivefromthesalesofgoodsandservicesbutnotasthepaymentstheymaketofactorsofproduction.

c.canbecomputedaspaymentsfirmsmaketofactorsofproductionbutnotasrevenuestheyreceivefromthesalesofgoodsandservices.

d.cannotbecomputedaseithertherevenuefirmsreceiveorthepaymentstheymaketofactorsofproduction.

25.Accordingtothecircular-flowdiagram,GDP

a.canbecomputedaspaymentsfirmsmaketofactorsofproductionplusrevenuestheyreceivefromthesalesofgoodsandservices.

b.canbecomputedastherevenuefirmsreceivefromthesalesofgoodsandservicesminusthepaymentstheymaketofactorsofproduction.

c.canbecomputedaseithertherevenuefirmsreceivefromthesalesofgoodsandservicesorasrevenuestheyreceivefromthesalesofgoodsandservices.

d.canbecomputedasthepaymentsfirmsmaketofactorsofproduction,butnotasrevenuestheyreceivefromthesalesofgoodsandservices.

Figure23-1.

 

26.RefertoFigure23-1.WhichofthefollowingpairscorrectlyidentifyWandY?

a.marketsforfactorsofproductionandmarketsforgoodsandservices

b.firmsandhouseholds

c.expendituresandincome

d.consumptionandinvestment

27.RefertoFigure23-1.Whichofthefollowingcorrectlyidentifiestheflowofdollars?

a.W, X, Yand Z

b.K,M,LandN

c.C,K,MandD

d.A,L,NandB

28.RefertoFigure23-1.WhichofthefollowingpairscorrectlyidentifyXandZ?

a.marketsforfactorsofproductionandmarketsforgoodsandservices

b.firmsandhouseholds

c.GDPdeflatorandCPI

d.flowofdollarsandflowofinputsandoutputs

1.GDPisdefinedasthe

a.valueofallgoodsandservicesproducedwithinacountryinagivenperiodoftime.

b.valueofallgoodsandservicesproducedbythecitizensofacountry,regardlessofwheretheyareliving,inagivenperiodoftime.

c.valueofallfinalgoodsandservicesproducedwithinacountryinagivenperiodoftime.

d.valueofallfinalgoodsandservicesproducedbythecitizensofacountry,regardlessofwheretheyareliving,inagivenperiodoftime.

2.WhichofthefollowingisawaytocomputeGDP?

a.addupthewagespaidtoallworkers

b.addupthequantitiesofallfinalgoodsandservices

c.addupthemarketvaluesofallfinalgoodsandservices

d.addupthedifferencebetweenthemarketvaluesofallfinalgoodsandservicesandthensubtractthecostsofproducingthosegoodsandservices

3.WhichofthefollowingisawaytocomputeGDP?

a.totalincomeearned.

b.totalexpendituresonfinalgoods.

c.addupthemarketvaluesofallfinalgoodsandservices.

d.Alloftheabovearecorrect.

4.Inordertoincludemanydifferentgoodsandservicesinanaggregatemeasure,GDPiscomputedusing,primarily,

a.valuesofgoodsandservicesbasedonsurveysofconsumers.

b.marketprices.

c.quantitiespurchasedbyatypicalurbanhousehold.

d.profitsfromproducinggoodsandservices.

5.Grossdomesticproductaddstogethermanydifferentkindsofgoodsandservicesintoasinglemeasureofthevalueofeconomicactivity.Todothis,GDPmakesuseof

a.marketprices.

b.statisticalestimatesofthevalueofgoodsandservicestoconsumers.

c.pricesbasedontheassumptionthatproducersmakenoprofits.

d.themaximumamountconsumerswouldbewillingtopay.

6.IncomputingGDP,marketpricesareusedtovaluefinalgoodsandservicesbecause

a.marketpricesdonotchangemuchovertime,soitiseasytomakecomparisonsbetweenyears.

b.marketpricesreflectthevaluesofgoodsandservices.

c.marketpricesreflectthequantitysold.

d.Noneoftheaboveiscorrect;marketpricesarenotusedincomputingGDP.

7.GDPincludesthevalueofall

a.finalgoodsandservicesproducedwithinacountryusingprimarilymarketpricestomeasurethevalueofgoodsandservices.

b.finalgoodsandservicesproducedwithinacountryusingprimarilyasurveyofconsumerstomeasurethevalueofgoodsandservices.

c.goodsandservicesproducedwithinacountryusingprimarilymarketpricestomeasurethevalueofgoodsandservices.

d.goodsandservicesproducedwithinacountryusingprimarilyasurveyofconsumerstomeasurethevalueofgoodsandservices.

8.Ifthepriceofadressisthreetimesthepriceofapairofshoes,thenapairofshoescontributes

a.exactlyone-thirdasmuchtoGDPasdoesadress.

b.morethanone-thirdasmuchtoGDPasdoesadress.

c.lessthanone-thirdasmuchtoGDPasdoesadress.

d.exactlyone-fourthasmuchtoGDPasdoesadress.

9.Supposethataneconomyproduces20,000unitsofgoodAwhichsellsat$3aunitand40,000unitsofgoodBwhichsellsat$1perunit.ProductionofgoodAcontributes

a.1/3timesasmuchtoGDPastheproductionofgoodB.

b.3/2timesasmuchtoGDPastheproductionofgoodB.

c.3timesasmuchtoGDPastheproductionofgoodB.

d.2/3timesasmuchtoGDPasproductionofgoodB.

10.Supposethataneconomyproduces30,000unitsofgoodAwhichsellsat$3aunitand60,000unitsofgoodBwhichsellsat$2perunit.ProductionofgoodAcontributes

a.1/2timesasmuchtoGDPastheproductionofgoodB.

b.3/2timesasmuchtoGDPastheproductionofgoodB.

c.3/4timesasmuchtoGDPastheproductionofgoodB.

d.4/3timesasmuchtoGDPasproductionofgoodB.

11.WhichofthefollowingisincludedinGDP?

a.themarketvalueofrentalhousingservices,butnotthemarketvalueofowner-occupiedhousingservices.

b.themarketvalueofowner-occupiedhousingservices,butnotthemarketvalueofrentalhousingservices

c.boththemarketvalueofrentalhousingservicesandthemarketvalueofowner-occupiedhousingservices

d.neitherthemarketvalueofowner-occupiedhousingservicesnorthemarketvalueofrentalhousingservices.

12.WhichofthefollowingisincludedinthecalculationofGDP?

a.Thepurchaseoftutoringservicesfromatutorwhoholdscitizenshipoutsidethecountrybutresideswithinthecountry.

b.Thepurchaseofaneweditionofaforeigntextbookthatwasproducedinadifferentnation.

c.Thepurchaseofinkandpapersuppliesbyatextbookcompanyfortheproductionofnewtextbooks.

d.Thepurchaseofausedtextbookfromafriendwhotookthesameclasslastyear.

13.Thevalueofthehousingservicesprovidedbytheeconomy’sowner-occupiedhousesis

a.includedinGDP,andtheestimatedrentalvaluesofthehousesareusedtoplaceavalueonthesehousingservices.

b.includedinGDP,andtheactualmortgagepaymentsmadeonthehousesareusedtoestimatethevalueoftheserentalservices.

c.excludedfromGDPsincetheseservicesarenotsoldinanymarket.

d.excludedfromGDPsincethevalueofthesehousingservicescannotbeestimatedwithanydegreeofprecision.

14.Estimatesofthevaluesofwhichofthefollowingnon-marketgoodsorservicesareincludedinGDP?

a.unpaidhouseworkbutnottherentalvalueofowner-occupiedhomes.

b.therentalvalueofowner-occupiedhomesbutnotunpaidhousework.

c.unpaidhouseworkandtherentalvalueofowner-occupiedhomes.

d.Neitherunpaidhouseworknortherentalvalueofowner-occupiedhomes.

15.Supposeanapartmentcomplexconvertstoacondominium,sothattheformerrentersarenowownersoftheirhousingunits.Supposefurtherthatacurrentestimateofthevalueofthecondominiumowners’housingservicesisthesameastherenttheypreviouslypaid.WhathappenstoGDPasaresultofthisconversion?

a.GDPnecessarilyincreases.

b.GDPnecessarilydecreases.

c.GDPisunaffectedbecauseneithertherentnortheestimateofthevalueowner-occupiedhousingservicesisincludedinGDP.

d.GDPisunaffectedbecausepreviouslytherentpaymentswereincludedinGDPandnowtherentpaymentsarereplacedinGDPbytheestimateofthevalueofowneroccupiedhousingservices.

16.Jamesownstwohouses.HerentsonehousetotheJohnsonfamilyfor$10,000peryear.Helivesintheotherhouse.Ifheweretorentthehouseinwhichhelives,hecouldearn$12,000peryearinrent.HowmuchdothehousingservicesprovidedbythetwohousescontributetoGDP?

a.$0

b.$10,000

c.$12,000

d.$22,000

17.Ryanlivesinanapartmentwherehepays$7,000ayearinrent.Sarahlivesinahousethatcouldberentedfor$21,000ayear.HowmuchdothesehousingservicescontributetoGDP?

a.$21,000

b.$28,000

c.$7,000

d.$14,000

18.Mostgoodsandservicesproducedathome

a.andmostgoodsandservicesproducedillegallyareincludedinGDP.

b.areincludedinGDPwhilemostgoodsandservicesproducedillegallyareexcludedfromGDP.

c.areexcludedfromGDPwhilemostgoodsandservicesproducedillegallyareincludedinGDP

d.andmostgoodsandservicesproducedillegallyareexcludedfromGDP.

19.GDPexcludesmostitemsthatareproducedandsoldillegallyandmostitemsthatareproducedandconsumedathomebecause

a.thequalityoftheseitemsisnothighenoughtocontributevaluetoGDP.

b.measuringthemissodifficult.

c.thegovernmentwantstodiscouragetheproductionandconsumptionoftheseitems.

d.theseitemsarenotreportedonincometaxforms.

20.Estimatesofthevaluesofwhichofthefollowingnon-marketgoodsorservicesareincludedinGDP?

a.thevalueofunpaidhousework

b.thevalueofservicesprovidedbymajorhouseholdappliancespurchasedinapreviousperiod

c.theestimatedrentalvalueofowner-occupiedhomes

d.AlloftheaboveareincludedinGDP.

21.Overthelastfewdecades,Americanshavechosentocooklessathomeandeatmoreatrestaurants.Thischangeinbehavior,byitself,has

a.reducedmeasuredGDP.

b.notaffectedmeasuredGDP.

c.increasedmeasuredGDPbythevalueoftherestaurantmeals.

d.increasedmeasuredGDPbythevalueaddedbytherestaurant’spreparationandservingofthemeals.

22.Overtime,peoplehavecometorelymoreonmarket-producedgoodsandservicesandlessongoodsandservicestheyproduceforthemselves.Forexample,busypeoplewithhighincomes,ratherthancleaningtheirownhouses,hirepeopletocleantheirhouses.Byitself,thischangehas

a.causedmeasuredGDPtofall.

b.notcausedanychangeinmeasuredGDP.

c.causedmeasuredGDPtorise.

d.probablychangedmeasuredGDP,butinanuncertaindirection;thedirectionofthechangedependsonthedifferenceinthequalityofthecleaningthathasresulted.

23.JoeandJimpurchasevegetablesatagrocerystore,butJimalsogrowsvegetablesinhisbackyard.Regardingthesetwopractices,whichofthefollowingstatementsiscorrect?

a.OnlyJoe’sgrocerystorepurchasesareincludedinGDP.

b.OnlyJoe’sandJim’sgrocerystorepurchasesareincludedinGDP.

c.Joe’sandJim’sgrocerystorepurchasesareincludedinGDP.ThevegetablesfromJim’sbackyardgardenareincludedattheirmarketvalue.

d.Joe’sandJim’sgrocerystorepurchasesareincludedinGDP.ThevegetablesfromJim’sbackyardgardenareincludedattheirmarketvalue,ifJimprovidesthisinformation.

24.SusanswitchesfromgoingtoSpeedyLubeforanoilchangetochangingtheoilinhercarherself.Whichofthefollowingiscorrect?Thevalueofchangingtheoilis

a.includedinGDPwhetherSusanpaysSpeedyLubetochangeitorchangesitherself.

b.includedinGDPifSusanpaysSpeedyLubetochangeitbutnotifshechangesitherself.

c.includedinGDPifSusanchangesitherself,butnotifshepaysSpeedyLubetochangeit.

d.notincludedinGDPwhetherSusanpaysSpeedylubetochangeitorshechangesitherself.

25.Rachelbabysitsforhersisterfornopay.Whenshebabysitsforsomeoneelseshecharges$8anhour.WhenisRachel’sbabysittingincludedinGDP?

a.Whenshebabysitsforhersisterandwhenshebabysitsforsomeoneelse.

b.Whenshebabysitsforhersister,butnotwhenshebabysitsforsomeoneelse.

c.Whenshebabysitsforsomeoneelse,butnotwhenshebabysitsforhersister.

d.Neitherwhenshebabysitsforhersisternorforsomeoneelse.

26.Which of thefollowing isnotincludedinGDP?

a.carrotsgrowninyourgardenandeatenbyyourfamily

b.carrotspurchasedatafarmer’smarketandeatenbyyourfamily

c.carrotspurchasedatagrocerystoreandeatenbyyourfamily

d.NoneoftheaboveareincludedinGDP.

27.Aprofessionalgamblermovesfromastatewheregamblingisillegaltoastatewheregamblingislegal.Mostofhisincomewas,andcontinuestobe,fromgambling.Hismove

a.raisesGDP.

b.decreasesGDP.

c.doesn’tchangeGDPbecausegamblingisneverincludedinGDP.

d.doesn’tchangeGDPbecauseineithercasehisincomeisincluded.

28.Ifastatemadeapreviously-illegalactivity,suchasgamblingorprostitution,legal,then,otherthingsequal,GDP

a.decreases.

b.increases.

c.doesn’tchangebecausebothlegalandillegalproductionareincludedinGDP.

d.doesn’tchangebecausetheseactivitiesareneverincludedinGDP.

29.WhichofthefollowingisincludedinGDP?

a.medicalmarijuanapurchasedfromagovernment-runpharmacybyaglaucomapatient

b.recreationalmarijuanapurchasedfromadrugdealerbyacollegestudent

c.recreationalmarijuanaproducedandconsumedbyamaninhisattic

d.AlloftheaboveareincludedinGDP.

30.DaringrowsandsellsmarijuanatoJennifer.ThomasisanorganicfarmerwhosellsbroccolitoJennifer.Marijuanaisanillegalgoodandbroccoliisa legalgood.AssumethatifJennifermarrieseither,theygiveherwhattheyusetosellher.WhichofthefollowingstatementsisconsistentwiththewayGDPiscomputed?

a.GDPwillfallifJennifermarrieseitherDarinorThomas.

b.GDPwillfallifJennifermarriesDarinbutnotifshemarriesThomas.

c.GDPwillfallifJennifermarriesThomasbutnotifshemarriesDarin.

d.GDPremainsthesamewhetherJennifermarriesDarinorThomas.

 

 

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July 1, 2023
    

   Write a sample cover letter that highlights why you would be ideal for a marketing position at a Company of your pick in Florida . In the cover letter, you need to mention the position and discuss the tasks that would be required of you in that position. You can address the cover letter to either a real or fabricated person/organization. Do not address it to “To Whom It May Concern” or “Dear Sir/Madam” or anything else-generic.

Cover Letter Content: • Includes your contact information, date, salutation/greeting (with hiring manager’s full name, title, company, address), body, closing, signature - i.e., major components of a cover letter. • Components are organized logically and overall the letter is attractive. • Letter is concise. • Audience is clear; addressed to real or fabricated person/organization. • Identifies specific position and why you would be ideal for it. Discusses tasks required for that position and knowledge of potential employer. • Discusses your relevant skills, experience, etc. that will make you ideal for the position. • Includes request for interview or meeting with specific manner of follow-up/reverse call to action, note of appreciation, and mentions resume in closing.

BELLOW IS A PART OF MY RESUME TO HELP WRITE THE COVER LETTER.

Summary   

Motivated sales driven rental manager focused on attaining a motivated and competitive work environment along with dynamic operating conditions. Customer service oriented and methodical with strengths in accounts maintenance.

Skills   

  

· Key accounts and   territory management

· Capital improvement   planning

· Systems and automation   applications

· Brand management

Experience   

  

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Assistant Branch Rental Manager

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· Remained   calm and professional in stressful circumstances and when dealing with   unhappy customers, effectively diffusing   situations.

· Met   with each associate to establish realistic monthly sales goals.

· Strengthened   product branding initiatives and coordinated effective marketing campaigns.

· Reviewed   employee performance every week and delivered   constructive feedback to improve weaknesses.

· Upheld   internal standards and productivity goals to meet sales and growth targets.

· Identified   growth areas requiring immediate improvement and rolled out marketing   program, boosting branch's fleet 16%.

· Executed non-negotiable strategies to foster better customer   service and promote positive and engaging environment for all.

· Drove   profit increases by leveraging market knowledge and natural leadership   talents.

  

Enterprise   Holdings | Miami, FL

Management Trainee

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· Ran   daily sales reports to assess performance and make   proactive adjustments.

  

Equinox   | Miami, FL

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10/2017 -   06/2018

 

· Arranged   special accommodations for guests to maintain optimal satisfaction

· Managed   all front desk operations for busy high-volume   Health Club.

· Confirmed   transactional data by verifying name and payment information and clearly   communicating costs and fees to patrons.

· Participated   Management Assistance, handling member's accounts and payments.

· Supported   Membership Advising participating in more than 100   memberships sold.

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July 1, 2023
    

   Write a sample cover letter that highlights why you would be ideal for a marketing position at a Company of your pick in Florida . In the cover letter, you need to mention the position and discuss the tasks that would be required of you in that position. You can address the cover letter to either a real or fabricated person/organization. Do not address it to “To Whom It May Concern” or “Dear Sir/Madam” or anything else-generic.

Cover Letter Content: • Includes your contact information, date, salutation/greeting (with hiring manager’s full name, title, company, address), body, closing, signature - i.e., major components of a cover letter. • Components are organized logically and overall the letter is attractive. • Letter is concise. • Audience is clear; addressed to real or fabricated person/organization. • Identifies specific position and why you would be ideal for it. Discusses tasks required for that position and knowledge of potential employer. • Discusses your relevant skills, experience, etc. that will make you ideal for the position. • Includes request for interview or meeting with specific manner of follow-up/reverse call to action, note of appreciation, and mentions resume in closing.

BELLOW IS A PART OF MY RESUME TO HELP WRITE THE COVER LETTER.

Summary   

Motivated sales driven rental manager focused on attaining a motivated and competitive work environment along with dynamic operating conditions. Customer service oriented and methodical with strengths in accounts maintenance.

Skills   

  

· Key accounts and   territory management

· Capital improvement   planning

· Systems and automation   applications

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Experience   

  

Enterprise   Holdings | Miami, FL

Assistant Branch Rental Manager

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· Remained   calm and professional in stressful circumstances and when dealing with   unhappy customers, effectively diffusing   situations.

· Met   with each associate to establish realistic monthly sales goals.

· Strengthened   product branding initiatives and coordinated effective marketing campaigns.

· Reviewed   employee performance every week and delivered   constructive feedback to improve weaknesses.

· Upheld   internal standards and productivity goals to meet sales and growth targets.

· Identified   growth areas requiring immediate improvement and rolled out marketing   program, boosting branch's fleet 16%.

· Executed non-negotiable strategies to foster better customer   service and promote positive and engaging environment for all.

· Drove   profit increases by leveraging market knowledge and natural leadership   talents.

  

Enterprise   Holdings | Miami, FL

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05/2019 -   11/2019

 

· Ranked   1st place on the sales performance ranking for 4 consecutive months with a   total additional revenue of $160,000.

· Achieved   a 4-month Customer Service score of 87%, 3 points above corporate average.

· Ran   daily sales reports to assess performance and make   proactive adjustments.

  

Equinox   | Miami, FL

Sales Associate

10/2017 -   06/2018

 

· Arranged   special accommodations for guests to maintain optimal satisfaction

· Managed   all front desk operations for busy high-volume   Health Club.

· Confirmed   transactional data by verifying name and payment information and clearly   communicating costs and fees to patrons.

· Participated   Management Assistance, handling member's accounts and payments.

· Supported   Membership Advising participating in more than 100   memberships sold.

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Herbal supplements are products made from plants for use in the treatment and management of certain diseases and medical conditions. Many prescription drugs and over-the-counter medicines are also made from plant derivatives. These products contain only purified ingredients and, unlike herbal supplements, are closely regulated by the FDA. Herbal supplements may contain entire plants or plant parts. Herbal supplements come in all forms: dried, chopped, powdered, capsule, or liquid, and can be used in various ways. Please address the followings:

1.     Discuss advantages and disadvantages of dietary supplements, including adverse reactions, drug-drug interactions, drug-food interactions, and specific laboratory issues that may arise from using these products.

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customer #15677
Marketing, 10 pages
Annotated Bibliography
August 5, 2021
    

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Sociology, 9 pages
Research proposal
August 5, 2021
    

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customer #15327
Economics, 5 pages
Essay (any type)
August 5, 2021
    

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customer #17823
Human Resource Management, 2 pages
Research paper
August 5, 2021
    

It was my first experience in online ordering, and I was a bit nervous. However, this was for nothing. I’ve got a high mark!

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customer #12372
Public Relations, 3 pages
Dissertation
August 5, 2021
    

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Journal article, 20 pages
Coursework
August 5, 2021
    

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Political Science, 6 pages
Admission Essay
August 5, 2021
    

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Tourism, 1 page
Discussion Essay
August 5, 2021
    

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customer #12692
Philosophy, 5 pages
Report
August 5, 2021
    

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customer #10923
Psychology, 4 pages
Essay (any type)
August 5, 2021
    

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customer #17823
Business, 8 pages

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
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  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

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Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

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Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

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