1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
o-na [289]
4 years ago
6

The country of Growpaw does not trade with any other country. Its GDP is $20 billion. Its government purchases $3 billion worth

of goods and services each year, collects $6 billion in taxes, and provides $2 billion in transfer payments to households. Private saving in Growpaw is $4 billion. What is investment in Growpaw?a.$5 billionb.$4 billionc.$3 billiond.$2 billion
Business
1 answer:
Anna [14]4 years ago
8 0

Answer:

option a) 5 billion

Explanation:

Data provided in the question:

GDP = $20 billion

Cost of goods and services = $3 billion

Tax collected = $6 billion

Transfer payments to households = $2 billion

Private saving in Growpaw = $4 billion

Now,

Disposable income = GDP - taxes + transfer payments

=$20 billion - $6 billion + $2 billion

= $16 billion

Consumption = Disposable income - Savings

= $16 billion - $4 billion

= $12 billion

Thus,

Investment = GDP - consumption - government purchases

= $20 billion - $12 billion - $3 billion

= $5 billion

Hence,

the correct answer is option a) 5 billion

You might be interested in
When the government transfers resources to the poor in the form of a good or service, it is called?
Airida [17]

When the government transfer resources to the poor in the form of a good or service it is called an in-kind transfer.

Many countries government provide large in-kind transfer resources to the poor in the form of a good or service. These transfers are commonly referred to as government redistribution programs, presumably from the wealthy to the poor.

The term in-kind transfers generally refers to goods, services, and transactions not involving money or not measured in monetary terms are transferred to the needy.

Hence, the in-kind transfers is based on the idea that governments want to target transfers to the needy.

To learn more about in-kind transfer here:

brainly.com/question/20411157

#SPJ4

4 0
1 year ago
Luebke Incorporated has provided the following data for the month of November. The balance in the Finished Goods inventory accou
vodka [1.7K]

Answer: $‭238,800‬

Explanation:

Adjusted Cost of Goods for November = Beginning Finished good inventory + Cost of goods manufactured  - Ending Finished goods inventory - Overapplied Overheads

Overapplied Overhead = Overhead applied - Actual Overhead

= 60,400 - 56,800

= $3,600

Adjusted Cost of Goods for November = 58,000 + 215,000 - 30,600 - 3,600

= $‭238,800‬

8 0
3 years ago
Sage Inc. purchased land, building, and equipment from Laguna Corporation for a cash payment of $384,300. The estimated fair val
maria [59]

Answer: See explanation

Explanation:

The following can be calculated from the information given:

Total Asset Fair Value which will be:

= Land + Building + Equipment

= 73200 + 268400 + 97600

= $439200

Recorder Amount will now be:

Land = 73200 / 439200 × 384300

Land = 64050

Building = 268400 / 439200 × 384300

Building = 234850

Equipment = 97600 / 439200 × 384300

Equipment = 85400

3 0
3 years ago
Which of the following would LEAST likely foster diversity in the workplace?
guajiro [1.7K]

Answer:

The correct answer is letter "A": changing the culture through diversity training education programs.

Explanation:

Boosting diversity at the workplace is an activity that mainly relies on the representatives of the Human Resources (HR) Department. They are in charge of recruiting and selecting the applicants that will be part of the institution based on their capabilities and expertise. Thus, HR representatives could promote the selection of different individuals from different ages, races, gender, ethnicity, and nationality, without preferring one or another, so the working environment will be diversified and the company can take advantage of the different backgrounds of those new hires.

Therefore, <em>training other employees could improve the understanding of other employees on dealing with workers different than them but this does not foster diversity in the workplace.</em>

6 0
3 years ago
If a company buys back $100 worth of stock, this increases the cash flow to the stockholders by ___.
andreyandreev [35.5K]

If a company buys back $100 worth of stock, this increases the cash flow to the stockholders by exactly $100.

This is further explained below.

<h3>What are stockholders ?</h3>

Generally, An person or a legal organization that is registered by a company as the legal owner of shares of the share capital of a public or private business is referred to as a shareholder of that corporation.\

In conclusion, When a corporation repurchases $100 worth of its own stock, the result is an increase in cash flow of precisely $100 to the firm's investors.

Read more about stockholders

brainly.com/question/18523103

#SPJ1

7 0
1 year ago
Other questions:
  • Which type of loan requires that you pay the interest accumulated during college?
    7·2 answers
  • A new mall will be constructed in a large city. Why are business owners most likely viewing a topography map before construction
    5·1 answer
  • How do surpluses and shortages help establish the equilibrium price ?
    10·1 answer
  • 1. Which design style resembles a half-moon?
    6·2 answers
  • Are contractually-stipulated cooperation programs between unions and management a realistic and workable concept? Why or why not
    10·1 answer
  • nternational trade can have big effects on domestic markets. For both an import good and an export good (in other words, address
    14·1 answer
  • The current pay period ends on Friday, January 2, yet the company's fiscal year-end is on Wednesday, December 31. If the company
    5·1 answer
  • You have just received notification that you have won the $2.12 million first prize in the Centennial Lottery. However, the priz
    10·1 answer
  • Golden Eagle Company prepares monthly financial statements for its bank. The November 30 adjusted trial balance includes the fol
    5·1 answer
  • Credit card A offers an introductory APR of 3.4% for the first 3 months and a standard apr of 15.7% thereafter, while credit car
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!