Answer:
Investment is $50 million as shown below.
The national savings is -$150m as government spent more than it received in taxes.
The national savings and the investment moving in different directions shows that the economy is running a deficit budget
Explanation:
The formula for computing GDP is given as:
GDP = C + I + G + (Ex - Im)
Where C=Consumption
I=investment
G=Government expenditure
Ex=Export
Im=Import
In this case,neither export nor import is applicable
The formula becomes:
GDP=G+I+C
Rewritten I=GDP-C-G
I=750-300-400
I=$50m
National savings is the difference between what government in taxes and government exenditure.
National savings =T-G
National savings=250-400
National savings=-150m
Answer:
30,800 units
Explanation:
Production Budget for 2016
Budgeted Sales 29,000
Add Budgeted Closing Inventory 3,000
Total 32,000
Less Budgeted Opening Inventory (1,200)
Budgeted Production 30,800
therefore,
The budgeted production (in units) for 2016 is 30,800 units
Using the Rule of 72, it would take 8.47 years to double at 8.5% interest.
The rule of 72 is very simple: divide 72 by the fixed interest rate to determine number of years it will take for an investment to double.
Two factors that would determine the demand for education in less developed countries are the following;
- low percentage of employed individuals than those who are not unemployed, this means that a lot of people does not have a job in which likely because of the reason they were not given education or they are poor
- crisis or there are a high percentage of people who are poor, in which this means that there are a lot of people who does not have any permanent and stable jobs because of the fact that they are uneducated and mainly because they don't have the money to afford education
Answer:
A - Set aside a portion of your income each month.
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