Business, 07.11.2019 00:31 boxford69

In a small, closed economy, national income (gdp) is $350.00 million for the current month. individuals have spent $100.00 million on the consumption of goods and services. they have paid a total of $60.00 million in taxes, and the government has spent $75.00 million on goods and services this month. use this information and the national income identity to answer the questions.
1. how much is spent on investment in this economy? investment?
2. what is national saving in this economy?
3. how are investment and national saving related in an economy like this?
a. national saving equals investment. investment is a component of national saving.
b. national saving is always less than investment.
c. they are unrelated.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 04:30

The lee family is looking to buy a house in one of two suburban areas just outside of a major city, and air quality is a top priority for them. overall air quality is calculated by taking measures in 100 locations within each suburb and then calculating a measure of central tendency. in one suburb, there is a major bus station that creates very poor air quality at its location but has no impact in the surrounding parts of the suburb. in this situation, which measure of overall suburb air quality would be most useful?

Answers: 3

Answer

Business, 22.06.2019 19:50

Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under:

Answers: 1

Answer

Business, 22.06.2019 21:00

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.

Answers: 1

Answer

Business, 22.06.2019 23:00

Type of deposit reserve requirementcheckable deposits $7.8 - 48.3 million 3%over $48.3 million 10noncheckable personal savings and time deposits 0refer to the accompanying table. if a bank has $60 million in savings deposits and $40 million in checkable deposits, then its required reserves are$1.2 million.

Answers: 1

Answer

You know the right answer?

In a small, closed economy, national income (gdp) is $350.00 million for the current month. individu...

Questions