Answer:
Consumption is a key component in the calculation of GDP and refers to how much money out of disposable income is spent by households on goods (both durable and non-durable) and services.
Disposable income is how much money households have after taxes. Their consumption and spending come from here.
Whatever is not spent is saved. Savings are therefore calculated as;
Savings = Disposable income - Consumption
Savings for the above are therefore,
$20,000 - $22,000 = -$2,000
21,000 - 22,500 = -$1,500
22,000 - 23,000 = -$1,000
23,000 - 23,500 = -$500
24,000 - 24,000 = $0
25,000 - 24,500 = $500
26,000 - 25,000 = $1,000
27,000 - 25,500 = $1,500
28,000 - 26,000 = $2,000
Answer:
b. Entails striking a balance between financial objectives and strategic objectives
Explanation:
The balance score card is the score card that reflects the performance trend from which the organization will be able to take the acts, decisions accordingly.
This may implement measures for financial as well as strategic. The financial could be in terms of income, past performance, solvency, equity, repayment, etc. While the strategic could be in terms of objectives, setting targets and goals so that the business organisation could able to achieve within their prescribed time
Answer:
Approximate real rate is 3.03%
Explanation:
We know that,
Real rate = Nominal rate - Inflation rate
Real rate = 4.23% - 1.2%
Real rate = 3.03%
The U.S treasury bills are considered as a nominal rate i.e 4.23% and the inflation rate is 1.2%. We simply subtract the nominal rate with the inflation rate to find out the real rate so that the accurate rate could come