In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as when purchased by households and when purchased by businesses.

Question

esekvng5016 esekvng5016

21-07-2022
Business

contestada

In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as when purchased by households and when purchased by businesses.

Respuesta :

Otras preguntas

what part of speech is the word department

what does ''death by a thousand cuts'' mean?

A people-moving conveyor-belt moves a 600-newton person a distance of 100 meters through the airport. a. How much work was done? b. The same 600-newton person l

In the standard (x,y) coordinate plane, a line segment has its endpoints at (3,6) and (9,4). What are the coordinates of the midpoint of the line segment?

is 1/7 rational or irrational

Element X is found in two forms: 90.0% is an isotope that has a mass of 20.0, and 10.0% is an isotope that has a mass of 22.0. What is the atomic mass of elemen

128 is 74% of what number?

A 12-gallon tub has a faucet that lets water in at a rate of 3 gallons per minute, and a drain that lets water out at a rate of 1.5 gallons per minute. If you s

I have this weird question that has to do with linear equations (I think), and this is what it says. Let f(x) = 4x - 5 A. Find f(3) B. Find x when f(x) = -21 C

Is 63ab/7a and 9ab equivalent?

ewomazinoade ewomazinoade · Answer 1 · 2022-07-28T18:08:41+02:00

he decrease in auto sales impacts GDP because new automobiles are counted as consumption when purchased by households and investment when purchased by businesses.

What is the impact of the decline in auto sales?

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Consumption spending includes spending by households on goods and services. Consumption spending includes :

spending on durables - e.g. laptop
spending on nondurables - e.g. clothes, food
spending on services - e.g. payment of hospital bill

Investment includes purchases of goods and services made by businesses in the production of goods and services

Here are the options:

investment; consumption

durable goods; nondurable goods

nondurable goods; durable goods

consumption; investment

To learn more about GDP, please check: https://brainly.com/question/15225458

#SPJ1

In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as ________ when purchased by households and ________ when purchased by businesses.

Respuesta :

What is the impact of the decline in auto sales?

Otras preguntas

In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as when purchased by households and when purchased by businesses.