Business, 09.10.2019 03:30 harris435942

Which one of the following transactions would be included in gdp? a. ava pays $50 for a used picture frame at a neighborhood garage sale. b. ethan donates $500 to his town's junior college scholarship fund. c. emily pays $500 to fix the front end of her car damaged in a recent accident. d. mia pays $5,000 to purchase 100 shares of microsoft stock

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Answer from: JadaaJayy

The answer is: C) Emily pays $500 to fix the front end of her car damaged in a recent accident.

Explanation:

The formula for calculating GDP is:

GDP = C + I + G + (X – M)

C: consumption of new, finished and legal products or servicesI: investment G: government X: exports M: imports

The $500 Emily paid to fix the front end of her car fits in the Consumption category (C) since it was a new, legal and finished service.

Answer from: Quest

Ithink its 1e100 but im not sure.

Answer from: Quest

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans.

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.

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Which one of the following transactions would be included in gdp? a. ava pays $50 for a used pictur...

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