This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In a given year, suppose a company spends 100 million on intermediate goods and 200 million on ... (Read 97 times)

vicotolentino

  • Hero Member
  • *****
  • Posts: 552
on: Jun 30, 2018
In a given year, suppose a company spends 100 million on intermediate goods and 200 million on wages, with no other expenses. Also assume that its total sales are 800 million. The value added by this company equals
 
  A) 200 million.
  B) 300 million.
  C) 500 million.
  D) 700 million.
  E) 800 million.

Question 2

Hedonic pricing is
 
  A) the way that luxury goods are priced in a market economy.
  B) the tendency for the inflation rate to rise by greater and greater amounts.
  C) the tendency for nominal GDP to rise when the price level rises.
  D) the process of translating nominal GDP into real GDP.
  E) the process of pricing individual characteristics of a good or service.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

morganmarie791

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

E


vicotolentino

  • Hero Member
  • *****
  • Posts: 552
Reply #2 on: Jun 30, 2018
Correct answers!


morganmarie791

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Jun 30, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th Changes in boreal forest composition along a chronosequence in Quebec. Dates refer to the year of th
Pre–steady state kinetic evidence for an acyl-enzyme intermediate Pre–steady state kinetic evidence for an acyl-enzyme intermediate
Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ... Age-standardized disability-adjusted life year (DALY) rates from hepatitis B by country (per 100 000 ...
Isomerization reaction proceeds via an enediolate intermediate. Isomerization reaction proceeds via an enediolate intermediate.
The year 2010 was the hottest since 1880 The year 2010 was the hottest since 1880
Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ... Suppose that we have a sample space with five equally likely experimental outcomes: E1, E2, E3, ...
Video: hGH, Thyroid hormones & Aldosterone

For a complete list of videos, visit our video library