Bob and cho iverson live in swarthmore, pa. cho's father, eric, lives in sweden. for each of the following transactions that occur in their lives, identify whether it is included in the calculation of u. s. gdp as part of consumption (c), investment (i), government purchases (g), exports (x), or imports (m). check all that apply.
a. the state of pennsylvania repaves highway pa 320, which goes through the center of swarthmore.
b. cho's father in sweden orders a bottle of vermont maple syrup from the producer's website.
c. bob's employer upgrades all of its computer systems using u. s.-made products.
d. cho gets a new video camera made in the united states.
e. bob buys a sweater made in guatemala

Sole proprietorships produce more goods and services than does any other form of business organization.

Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,000 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,000 from hopkins. on july 10, the entry or entries gideon makes to record the recovery of the bad debt is

Your company is starting a new r& d initiative: a development of a new drug that dramatically reduces the addiction to smoking. the expert team estimates the probability of developing the drug succesfully at 60% and a chance of losing the investment of 40%. if the project is successful, your company would earn profits (after deducting the investment) of 9,000 (thousand usd). if the development is unsuccessful, the whole investment will be lost -1,000 (thousand usd). your company's risk preference is given by the expected utility function: u(x) v1000 +x, where x is the monetary outcome of a project. calculate the expected profit of the project . calculate the expected utility of the project . find the certainty equivalent of this r& d initiative . find the risk premium of this r& d initiative e is the company risk-averse, risk-loving or risk-neutral? why do you think so?