2. Practice calculating the U. S. GDP over the years. a) Complete the following table.
Note: Figures are in billions of dollars
Year Consumer Investment Government Exports
Spending by Business Spending Minus
Imports
GDP
2002
7,384.1
1,925
2,094.9
-426.5
2006
9,304
2,680.6
2,642.2
-770.9
2010
10,202.2
2,100.8
3,174
-512.7
2014 11,928.4 2,855.8
Source: U. S. Government Publishing Office
3,174.5
-538

Which of the following would be an accurate statement about achieving a balanced budget

For 2016, gourmet kitchen products reported $22 million of sales and $19 million of operating costs (including depreciation). the company has $15 million of total invested capital. its after-tax cost of capital is 10%, and its federal-plus-state income tax rate was 36%. what was the firm’s economic value added (eva), that is, how much value did management add to stockholders’ wealth during 2016?

In june, one of the processinthe assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units the assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units were in its ending work in process inventory