In a small, closed economy national income (gdp) is $250.00 million for the current year. individuals have spent $150.00 million on the consumption of goods and services. they have paid a total of $25.00 million in taxes and the government has spent $25.00 million on goods and services this year. use this information and the national income identity to answer the following questions.1. how much does the economy spend on investment? 2. what is national saving in the economy? 3. how are investment and national saving related in an economy like this? a. national saving is always less than investmentb. investment is a componenet of national savingc. they are unrelatedd. national saving equals investment

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.

How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?