GDP and National Income • Case - An economy produces 1,000,000 automobiles values at 15.000 each of these, 700,000
sold to consumers, 200,000 are sold to businesses, 50,000 are sold to government, and 35.000 ure
sold abroad. No automobiles are imported. The automobiles left unsold are kept in inventory. Find the
GDP in terms of the expenditure approach
Unemployment, Inflation and Long-run Growth table analysis.
TABLE
Cost of Reproducing the 2000 Base-Year) of Good and
Services in Year 2005
TABLE 6.0
Monthly Household Budget of the Typical Family in 2000 (Bae Year)
Item
Cost (In 2000)
Rant, two-bedroom apartment
5500
Hamburgers (60 52.00 each)
120
Movie tickets (10 56.00 each)
Total expenditure
30
Movie (1000
tal apart
Ils
Analyze the tables above and answer the following:
1. what has occurred in terms of prices from 2000 to 2005?
2. To be able to afford the same goods and services in 2005 that this family had in 2000, what amount of
increase in expenditure would be required?

Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks

Gino's restaurant is a popular restaurant in boston, massachusetts. the owner of the restaurant has been trying to better understand costs at the restaurant and has hired a student intern to conduct an activity-based costing study. the intern, in consultation with the owner, identified the following major activities: activity cost pool activity measure serving a party of diners number of parties served serving a diner number of diners served serving drinks number of drinks ordered some costs, such as the cost of cleaning the linens that cover the restaurant's tables, vary with the number of parties served. other costs, such as washing plates and glasses, depends on the number of diners served or the number of drinks served. data concerning these activities are shown below. serving a party serving a dinner serving drinks total total cost $47,600 $153,000 $59,800 $260,400 total activity 7,000 parties 30,000 diners 46,000 drinks prior to the activity-based costing study, the owner knew very little about the costs of the restaurant. she knew that the total cost for the month was $260,400 and that 30,000 diners had been served. therefore, the average cost per diner was $8.68.required: 1. compute the activity rates for each of the three activities 2. according to the activity-based costing system, what is the total cost of serving each of the following parties of diners? a. a party of four diners who ordered three drinks in total b. a party of two diners who do not order any drinks c. a lone diner who orders two drinks 3. convert the total costs you computed in part (1) above to costs per diner. in other words, what is the average cost per diner for serving each of the following parties: a. a party of four diners who order three drinks in total b. a party of two diner who do not order any drinks c. a lone diner who orders two drinks 4. why do the costs per diner for the three different parties differ from each other and from the overall average coast of $9.80 per diner?

Medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic. hughes sought a position as a sales director for st. jude. st. jude told hughes that his contract with medtronic was unenforceable and offered him a job. hughes accepted. medtronic filed a suit, alleging wrongful interference. which type of interference was most likely the basis for this suit? did it occur here? medtronic, inc., is a medical technology company that competes for customers with st. jude medical s.c., inc. james hughes worked for medtronic as a sales manager. his contract prohibited him from working for a competitor for one year after leaving medtronic