For a closed economy, GDP is $18 trillion, consumption is $13 trillion, taxes are $2 trillion and the government runs a deficit of $1 trillion. What are private saving and national saving

Answers

Answer 1

Answer:

Private saving = $3 trillion

National Saving = $2 trillion

Explanation:

Private saving = GDP - Taxes - Consumption + Transfer payments

Private saving = $18 trillion - $2 trillion - $13 trillion + 0

Private saving = $3 trillion

Government runs a deficit of $1 trillion means its spending is $1 trillion more than the tax revenue.

So, National Saving = Private saving + Public saving

National Saving = $3 trillion + ($2 trillion - $3 trillion)

National Saving = $3 trillion + (-$1 trillion)

National Saving = $2 trillion


Related Questions

June enters into a contract with Steeley Company to purchase a washer and dryer. She doesn’t understand the financing terms but signs the agreement anyway because she needs the appliances. The financing terms violate state laws on interest rate limits and she is unable to make all of her payments when they are due. Steeley sues when June breaches the contract. The court would:

Answers

Answer: be exercising judicial restraint if it requires June to pay as she promised, even if the agreement was unfair and unwise.

Explanation:

Judicial restraint simply means a situation whereby judges aren't allowed to inject their own preferences into rulings and legal proceedings. It simply means that judges should limit exercising their own power during legal proceedings.

In this case, since June doesn't understand the contract but still signed, the court would be exercising judicial restraint if it requires June to pay as she promised, even if the agreement was unfair and unwise. It's advisable for the court not to interfere in the matter and follow the normal proceedings.

Monetarists argue that the Federal Reserve System should
A. institute a prescribed rate of growth in the money supply.
B. self-correction is less effective than activist monetary policy.
C. policymakers should use monetary policy rather than fiscal policy to stabilize the economy.
D. since velocity is unstable, a fixed annual increase in the money supply will exacerbate inflation in the long run.

Answers

Answer:

C. policymakers should use monetary policy rather than fiscal policy to stabilize the economy.

Explanation:

Monetarists argue that the Federal Reserve System should "use monetary policy rather than fiscal policy to stabilize the economy."

According to monetarists, a monetary policy is a policy that involves the regulation or control of money supply, including the rate of interest such that it regulates the microeconomic of a nation. Hence, Monetarists argue that the Federal Reserve System should "use monetary policy rather than fiscal policy to stabilize the economy, " because it helps in the control of inflation, consumption, development, and cash flow.

By hiring your children, you can
pay low wages.
show how much you care.
transfer wealth without estate taxes.
avoid payroll taxes. (Not the correct answer)

Answers

Answer: transfer wealth without estate taxes.

Explanation:

There are several methods to avoid having to pay estate taxes when passing on wealth to your children and this is one of them. By paying your children more than you should actually be paying them, this would be counted as payroll.

Of course your children will just get charged higher payroll taxes but you would have avoided estate taxes. Other methods include gifting them money up to a certain extent every year or using a Grantor Retained Annuity Trust.

According to Garrett et al. (1975, 1988, 1989), language production proceeds through a series of processes: ______, ______, and ______.

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Answer:

According to Garrett et al. (1975, 1988, 1989), language production proceeds through a series of processes: conceptualization , formulation , and articulation .

What is one benefit of a saving account?

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one benefit is having some money for the future, if there is an emergency or if you made a goal to buy a car, you can go into the account
One benefit is deposited funds accrue interest over time.

Norah was less educationally qualified and experienced than her colleagues when she joined Micro Systems Inc. However, due to her ability to negotiate effectively with clients, convince her team members to work harder, and understand their needs, she is a senior-level manager today. Which skills can be most attributed to Norah's success in this scenario

Answers

Answer:

human relations skills

Explanation:

It is correct to say that Norah's human relations skills helped her achieve the position of senior manager, despite being less educationally qualified than her peers.

Human relations skills correspond to the skills a person has in dealing with people, such as Norah's negotiating, convincing, understanding, and motivating skills in relation to her team members. These skills are essential for a manager, who is the leader responsible for coordinating and controlling through good interpersonal skills, the ability to help and motivate his team to achieve organizational goals and objectives.

Mother and Daughter Enterprises is a relatively new firm that appears to be on the road to great success. The company paid its first annual dividend yesterday in the amount of $.28 a share. The company plans to double each annual dividend payment for the next three years. After that time, it is planning on paying a constant $1.50 per share indefinitely. What is one share of this stock worth today if the market rate of return on similar securities is 11.5%

Answers

Answer:

$12.43

Explanation:

Price of the stock can be determined by calculating the present value of the stock

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 = 0.28 x 2  

Cash flow in year 2 = 0.56 x 2  

Cash flow in year 3 = 1.12 + 1.50 0.115

I = 11.5

PV = 12.43

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

Marcia Baker ships orchids and other perishable flowers from her greenhouses near San Francisco to florists thousands of miles away in cities such as New York, Boston, and Philadelphia. Since the flowers must reach the florists as quickly as possible, the best mode of transportation for Marcia to use would be Multiple Choice railroads. trucks. air. ships.

Answers

Answer:

air

Explanation:

San Francisco is located on the SouthWest corner of the United States, while other states such as New York, Boston, adn Philadelphia are located on the NorthEast corner of the United States. This means that the ships are not an option since they would have to go all the way around and would be the longest option. Therefore, the best and fastest option would be through air. Since both railroads and trucks are viable but would take much longer than sending the flowers through air.

Suppose 1,000 students were split into two groups of 500. Both groups were first presented with an image of a new high-end pair of jeans produced by Tommy Hilfiger, a clothing company. The first group was given the following statement and then asked the following question: "The normal retail price of these jeans is $100. Would you be willing to pay $75 for them?" The second group was given the following statement and then asked the following question: "The normal retail price of these jeans is $250. Would you be willing to pay $75 for them?" Suppose that 24% of the students in the first group answered yes and that 73% of the students in the second group answered yes. It is likely that more students in the second group were willing to pay $75 for the pair of jeans because they were told the normal price was much higher. This is an example of a ________ effect in decision-making.

Answers

Question Completion:

A) clothing B) marketing C) utilitarian D) framing E) psychosomatic

Answer:

This is an example of a ___framing_____ effect in decision-making.

Explanation:

The framing effect in decision-making means that decisions are influenced by the different semantic descriptions of the same issue.  This different framing of the same issue causes people to develop different risk preferences, indicating that their decisions are based on the potential value of losses they would suffer or gains they would garner rather than the final outcome.

A motorist from State A struck and injured a pedestrian in State B. The pedestrian, a State B resident, brought an action in a State B federal court against the State A motorist, seeking $100,000 in damages. The summons and complaint were served on a receptionist at the motorist's place of business in State A. State A's rules permit service of process in this manner, while State B's rules do not. If the motorist moves to dismiss the complaint on the basis of improper service of process, is the court likely to dismiss the action

Answers

Answer: C. No, because the federal rules permit service under the rules of the state in which service will be effected.

Explanation:

The case was filed in federal court so the rules regarding the service of the summons will be according to the rules of federal courts.

Rule 4 of the Federal Rules of Civil Procedure allows for the service of a summons to be based on the service rules of the state where the service is to be made. As the service was done in State A and State A allows service to be at defendant's place of business, proper procedure was followed and so the court will not dismiss the action.

Applying the lower of cost or market method, the reported value of this company's ending inventory if LCM is applied to individual items is _____.

Answers

Answer: $870

Explanation:

Using the lower of cost or market method, the prices the items will be recorded at will be:

Item 1 = $45 market price Item 2 = $60 cost priceItem 3 = $25 market price

The total inventory will therefore be:

= Total value of item 1 + total value of item 2 + total value of item 3

= (45 * 5) + (60 * 7) + (9 * 30)

= 225 + 420 + 225

= $870

Which option will cause a business to lose money from a failing product

Answers

Group of answer choices.

A. Rebrand the product

B. Spin off the product

C. Discontinue the product

D. Continue the product​

Answer:

D. Continue the product​

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

A product that is at the decline stage is generally referred to as a failed product and wouldn't generate profit or much revenue for the manufacturer because it has little economic importance.

This ultimately implies that, continuing with a failed product is an option which will cause a business to lose money from a failing product.

Answer:

D. Continue the product​

Explanation:

Which option will cause a business to lose money from a failing product Continue.

The emphasis of the Second New Deal was on a.economic recovery, creating government programs to address the immediate needs of the unemployed. b.protecting the rights of businesses, especially small businesses. c.economic security, in an effort to protect Americans against poverty and unemployment. d.civil rights for African-Americans.

Answers

The correct answer is A) economic recovery, creating government programs to address the immediate needs of the unemployed.

The emphasis of the Second New Deal was on economic recovery, creating government programs to address the immediate needs of the unemployed.

The Second New Deal included new programs to extend federal aid and stimulate the nation's economy, such as the Rural Electrification Administration.

In the decade of 1930s, rural America had no electricity and clear water. The Rural Electrification Administration hired Lester Beall, a graphic designer that created a series of posters describing the benefits of electrification for the communities.

Another example is President Roosevelt’s works progress administration of 1935 that considered many infrastructure programs for the benefit of the U.S. citizens. He also considered the Federal Project Number One. This was a program aimed to help writers, musicians, and artists. Roosevelt aimed to get jobs for these people in order to entertain the American citizens during those difficult times.

The most long-lasting strategic alliances Multiple Choice (1) involve collaboration with suppliers or distribution allies, or (2) conclude that continued collaboration is in their mutual interest, perhaps because new opportunities for learning are emerging. aim at insulating the partners against the impacts of the five competitive forces and industry driving forces. are those whose purpose is helping a company master a new technology. are those formed to enable the partners to be consistent first movers or fast followers. aim at teaming up with world-class suppliers or else companies with world-class know-how in product innovation.

Answers

Answer:

(1) involve collaboration with suppliers or distribution allies, or (2) conclude that continued collaboration is in their mutual interest, perhaps because new opportunities for learning are emerging.

Explanation:

The strategic alliances that are long lasting should include the collaboration made with the suppliers also it is concluded that if there is continued collaboration so it is a mutual interest so new opportunities that are learned should be emerged

Therefore the first two options should be considered

Which is not one of the arguments that low-income countries might have an advantage in achieving greater worker productivity and economic growth in the future

Answers

Solution :

One of the argument that the low income countries will not have an advantage in achieving a high productivity of the workers as the economic growth in the near future is the increasing in marginal returns.

It occurs only when any addition in the variable input (i.e. labor) to a fixed input (i.e. capital) enables such variables input to be more productive. In other words, 2 workers are more than twice as productive as 1 worker and 4 workers are more than twice as productive as 2 workers.

Sasha has the new responsibility of initiating strategies that would help safeguarding her company against recession. She conducts a meeting with all the employees in which she explains how she would go about implementing her plans. She also motivates and encourages employees to follow through with her plan. Sasha is a ________.

Answers

Answer:

Strategic leader

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.

Generally, leaders use their powers to get other people to follow them. Some forms of power result from a formalized position in the organization while others are derived from personal characteristics or knowledge.

A strategic leader refers to an individual that utilizes strategy in the management of people without the use of threats and force to make them follow.

In this scenario, Sasha is a strategic leader because she motivates and encourages the employees to follow through with her plan.

The economic term that describes the satisfaction that consumers gain from consuming goods and services is

Answers

Answer:

utility

Explanation:

Answer:

Utility

Explanation:

I got the answer right on my test

In 2020, Courtney, 16 and a dependent of her mother, had earned income of $4,000 and interest income (unearned) of $9,500. What is Courtney's federal income tax liability (before credits)? Courtney's mother is in the 35% marginal tax bracket.

Answers

Answer:

The Tax Liability is $1,400

Explanation:

Income is only taxable when it is earned. Any unearned income is not taxable

As unearned income is not taxable then there will be no tax on the unearned interest income of $9,500.

The only taxable income is earned income of $4,000

Use the following formula to calculate the tax liability

Tax liability = Taxable income x Tax rate

Where

Taxable income = $4,000

Tax rate = 35%

Placing values in the formula

Tax liability = $4,000 x 35%

Tax liability = $1,400

If both buyers and sellers expect the price of a commodity to fall in the​ future, it is likely that the market clearing price​ ________ and the equilibrium quantity​ ________.

Answers

Answer:

Fall; Can not be determined

Explanation:

Fall; Can not be determined

The fall in the prices of commodities in future will result in a decrease in demand at present and the seller will try to sell at the highest possible price so it will increase the supply. Resulting, the demand curve will shift leftwards and the supply curve will shift rightwards. But, the magnitude of shift in supply curve will decide the quantity. So, quantity can be increased or decreased. Thus prices will fall but quantity can not be determined.

Allied In. bought a two-year insurance policy on August 1st for $3,600. What's the adjusting journal entry on December 31st?

Answers

Answer:

1. Debit Insurance Expense- $500 Credit Prepaid Insurance $500  

2. $160 Beginning...

Taco Hot Dogs, Inc., regularly advertises its products. Under the First Amendment, in comparison with noncommercial speech, the protection given these ads is

Answers

I’m not sure where the question is

The balance of payments _________. adds up the value of all assets and liabilities of a country on a specific date. records all international transactions for a country over a period of time. determines the eligibility of countries for IMF aid.

Answers

Answer:

records all international transactions for a country over a period of time.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Basically, trade can be categorized into two (2) main groups and these are;

I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.

II. Export: it involves the sales of goods produced in a domestic country to a foreign country.

The balance of payments is a financial statement used for recording all the international transactions for a country over a specific period of time. Thus, it gives the difference in total value between the payments for goods or services into and out of a country over a specific period of time.

Investment interest expense includes:
A. interest expense from loans to purchase corporate bonds and interest expense from loans to purchase stocks.
B. interest expense from loans to purchase corporate bonds.
C. interest expense from loans to purchase municipal bonds.
D. interest expense from loans to purchase municipal bonds and interest expense from loans to purchase corporate bonds.
E. interest expense from loans to purchase stocks.

Answers

Answer:

A)) interest expense from loans to purchase corporate bonds and interest expense from loans to purchase stocks.

Explanation:

An investment interest expense can be regarded as any amount of interest which is been paid on proceeds of loan that is been used in purchasing investments or securities. investment interest expense can be regarded as been deductible under some particular circumstances.

It should be noted that investment interest expense include;

✓interest expense from loans to purchase corporate bonds

✓ interest expense from loans to purchase stocks.

________ are the result of organizations' efforts to create profiles of customers so that direct marketing tools, such as e-mail and catalogs, can be directed at specific customers. Multiple Choice First-mover advantages Databases Direct order consignments Direct order fulfillments Lead generations

Answers

Answer:

Databases

Explanation:

The database is the result of the effort of an organization that could develop the customer profiles in order to have the direct marketing tools like e-mail could be directed for the particular customers

In this the customer profiles are made so that according to that it give direction to the customers in a form of email & catalogs

So, it is a database case

3M, an American firm, manufactures adhesive tape in St. Paul, Minnesota, and ships the tape to South Korea for sale. According to this information, 3M uses ________ to deliver this product. A. exporting B. licensing C. franchising D. insourcing E. outsourcing

Answers

Answer: exporting

Explanation:

Exporting refers to the sale of products and services that are sources or made in a particular country to foreign countries. On the other hand, importing is the purchasing of goods and services from the foreign countries and then bringing them into the home country.

In this case since 3M manufactures adhesive tape in St. Paul, Minnesota, and ships the tape to South Korea for sale, this is exporting.

When someone takes out a mortgage loan to buy a house, the mortgage lender can take possession of the house and sell it if the borrower defaults by failing to make payments on the loan because the house is being pledged as ________ for the loan. Select one: A. collateral B. a liability C. goodwill D. insurance Clear my choice

Answers

Answer:

A. Collateral

Explanation:

A collateral is a valuable item, a property or an asset that is offered by a borrower of a loan to the lender of the loan as a form of loan security, such that the lender can take possession of the asset, monetize the asset and recover the losses. Collateralized loans includes car loans and mortgages.

Lending such as those given in business credit card does not require loan securities

What is meant by the term target market?

Answers

Answer:

A target market is the set of consumers that a company plans to sell to or reach with marketing activities. A target audience is the group or segment within that target market that is being served advertisements.

hope it helps.stay safe healthy and happy...

Offering direct online sales to consumers while also promoting wholesale and retail sales can result in Multiple select question. cannibalization of retailers' sales. a net loss of sales due to disgruntled dealers. a signal of the company's strong commitment to retailers. channel conflict.

Answers

Answer:

cannibalization of retailers' sales.

Explanation:

Salespeople can be defined as a group of individuals or employees who are saddled with the responsibility of taking orders from customers, as well as sales of finished goods and services to consumers or end users.

Offering direct online sales of goods and services to consumers while also promoting wholesale and retail sales can result in cannibalization of retailers' sales because the retailer wouldn't be able to make sales.

Si hacemos una compra en cuenta corriente ¿ obtenemos un "descuento" en el precio de un objeto o un recargo en el mismo ?

Answers

Answer:

Un recargo, pequeño, en el mismo.

Explanation:

Una cuenta corriente es una cuenta bancaria destinada a depósitos y retiros corrientes, y la utilización de cheques a tales fines. Dado que el uso de cheques como medio de pago ha disminuido a niveles muy bajos, la emisión de cheques ha disminuido y, en ocasiones, se ha abolido por completo. Sin embargo, la cuenta corriente a nombre sobrevive en algunos casos en el habla cotidiana.

El propósito de una cuenta de transacciones es usarse para una gran cantidad de depósitos y retiros. Los términos y condiciones de la cuenta normalmente incluyen el derecho a realizar un número ilimitado de transacciones con los fondos de la cuenta sin ningún tipo de bloqueo u otras medidas de limitación de liquidez. Por otro lado, el banco normalmente ofrece tasas de interés muy bajas o nulas sobre los fondos en circulación.

Hoy en día, la cuenta de transacciones a menudo está vinculada a varias formas de soluciones de banca por Internet para permitir pagos y otras transacciones a través de la computadora del cliente del banco. El banco también suele proporcionar tarjetas de cajero automático o tarjetas de débito a particulares con cuentas de transacciones.

All of the following are true about a corporation except: multiple choice a corporation is separate from its owners. a corporation issues bond certificates to its owners. a corporation may be either privately held or publicly held. a public sale refers to selling stock on an organized stock market.

Answers

Answer:

a corporation issues bond certificates to its owners

Explanation:

In the corporation, the business entity is separated from the owners, it can be either public or private. Moreover, the public sale means the sale of the stock is to be made on the stock market i.e. organized.

But it does not issued the bond certificate to the owners of the corporation

So as per the given situation, this is not true option

All of the following are true about a corporation except a corporation issues bond certificates to its owners. The correct option is a.

A corporate bond is an instance of debt security that a company issues and sells to investors. The company receives the capital it requires, and the investor receives a predetermined number of payments for interest at either a rate of interest that is either fixed or variable. When the bond "reaches maturity," or expires, the payments come to the initial investment is returned.

The bond is generally backed by the company's ability to repay, which is determined by its future revenue and profitability prospects. Physical assets of the company may be used as collateral in some cases.

Learn more about bond, here:

https://brainly.com/question/29059164

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