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Mars2501 [29]
2 years ago
5

Consider the following data for a closed​ economy: Y​ = ​$1414 trillion C​ = ​$1010 trillion G​ = ​$33 trillion Spublic​ = ​$neg

ative 1.0−1.0 trillion T​ = ​$44 trillion Use the data to calculate the​ following: ​(Enter your responses rounded to one decimal place.​) a. Private saving​ is: ​$______ trillion.
Business
2 answers:
FromTheMoon [43]2 years ago
8 0

Answer:

$393 trillion

Explanation:

Private saving

= Y + TR – C – T

Y= $1414 trillion

TR=​$33 trillion

C​ = ​$1010 trillion

T​ = ​$44 trillion

Using the formula

Y + TR – C – T

= $1414 trillion + $33 trillion – 1010 trillion – $44 trillion = $393 trillion

sveticcg [70]2 years ago
5 0

Answer:

Private savings = $360 trillion

Explanation:

Private savings is a summation of household and business savings. When there is economic growth there is stimulation of private savings, people have more money to save.

Private savings also drives economic growth because people have more money to invest in businesses that will have a higher output.

In a closed economy the formula for private savings is

Private savings = Y + TR - C - T

Private savings= 1414 trillion + 0 - 1010 trillion - 44 trillion

Private savings = $360 trillion

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When planning for college you should consider everfi answers?
alekssr [168]

<u>A student should visit college, consult with the college adviser and join the school clubs before joining a college.</u>

Further Explanation:

Planning for college:

Following steps should be considered while planning for college:

Visiting college during the junior year: When planning for college admission, the student should visit the college in the junior year to know the culture of the college, environment, and activities carried out in the college. It would help the student to take the admission decision.

Speaking with the school’s college adviser: The student should consult with his/her teachers about the college selection. Teachers or college advisers have knowledge and experience about the colleges. Therefore, they would provide expert advice to the student about the college selection.

Joining an after school club or sports team: The students should join the student clubs. They would meet other students there and could discuss the college selection. It would give them a brief idea about the college selection of other students.

<u>Thus, a student should visit college, consult with the college advisor, and join the school clubs before joining a college. </u>

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Answer details:

Grade: Senior School

Subject: Business Studies

Chapter: Decision making  

Keywords:  When, planning, for, college, you, should consider, everfi, answers, school, joining, admission, selection, decision making, process.

5 0
3 years ago
A mother wants to invest ​$12 comma 000.00 for her​ son's future education. She invests a portion of the money in a bank certifi
Dimas [21]

Answer:

A = $4000

Explanation:

given data:

total investment $12000

interest on CD= 4%

Interest on bond =7%

the portion invested in the CD is A

total portion invested as a bond = $12,000 - A

total portion earned on the CD = 0.04A.

The total interest gain on the bond = 0.07(12000 - A).  

equation for  the total interest earned is:

0.04A + 0.07(12000 - A) = 720

0.04A + 840 - 0.07A = 720

-0.03A = -120

A = $4000

8 0
3 years ago
A managed mutual fund:
Ilia_Sergeevich [38]

Answer:

b) Has a higher expense ratio than an index fund

Explanation:

A mutual fund is a diversified investment tool. The fund is a collection of different types of stocks that form a single investment asset. It is a basket of stock trading as a single asset. Purchasing one unit of a mutual fund is equivalent to purchasing several portions of each stock that make up the mutual fund.

A professional manager manages the mutual fund. He or she carefully selects the stocks that go into the basket forming the mutual fund. The manager charges a professional fee, which is usually a percentage of the investment. Due to this fee, a mutual fund is relatively expensive as compared to an index fund that does not require the input of a manager.

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