Suppose the following four actions occur in the usa. how much would these combined actions add to us gdp in 2017? give a brief explanation justifying your answer. a. a japanese carpenter, living and working in the usa, purchases $3,000 worth of materials used directly in the production of a garage, which is then sold to smith, a canadian living in the usa, for $17,000. b. isabella goes to land she owns, cuts down a tree, and uses the wood to build a garage for personal use that is worth $15,000. c. you purchase a used computer from a friend for $400. d. joe spends $1000 on a stereo, and $20 on a haircut. e. ford (us company) builds cars and the total is valued at $20,000, in a factory in china. 2. the following transactions are recorded for stonyland 2017.
a. consumers spend $600 buying plastic bags, $400 buying bread, and $70 on imported peanut butter.
b. the government spends $80 buying bread and $200 buying imported peanut butter.
c. the bread company buys $50 of flour from a flour company and uses it entirely to make bread which they sell all of it to consumers. the bread company buys $100 of new bread machines from a domestic machine company.
d. the wheat company exports $50 of wheat. calculate 2017 stonyland gdp.

The sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. the actual price level turns out to be 110. faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. sales from catalogs will

Which of the following mechanisms would be most likely to motivate managers to act in the best interests of shareholders? a) decrease the use of restrictive covenants in bond agreements, b) take actions that reduce the possibility of a hostile takeover, c) elect a board of directors that allows managers greater freedom of action, d) increase the proportion of executive compensation that comes from stock options and reduce the proportion that is paid as cash salaries, e) eliminate a requirement that members of the board directors have a substantial investment in the firm's stocks

Lo.2, 3, 9 lori, who is single, purchased 5-years class property for $200,00 and 7-years class property for $420,000 on may 20, 2018. lori experts the taxable income derived form the business (without regard to the amount expensed under ⧠179) to be about $550,000. lori has determined that she should elect immediate ⧠179 expensing in the amount of $520,000, but she doesn’t know which asset she should completely expense under ⧠179. she does not claim any available additional first-year depreciation. a. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 5-year class asset. b. determine lori’s total cost recovery deduction if the ⧠179 expense is first taken with respect to the 7-year class asset. c. what is your advice for lori? d. assume that lori is in the 24% marginal tax bracket and that she uses ⧠179 on the 7-year asset. determine the present value of the tax savings from the depreciation deductions for both assets. see appendix g for present value factors, and assume a 6% discount rate. e. assume the same facts as in part (d), except that lori decides not to use ⧠179 on either asset. determine the present value of the tax savings under this choice. in addition, determine which option lori should choose. f. present your solution to parts (d) and (e) of the problem in a spreadsheet using appropriate microsoft excel formulas. e-mail your spreadsheet to your instructor with a two-paragraph summary of your findings.