Answer:
A. National income must equal domestic product.
True.
Explanation:
National Income is the total value of goods and services produced in a country during a financial period. It is total income from a country's economic activities.
Domestic product is monetary value of all economic activities of a country during a period.
National Income is sum of Investments, Savings, Government expenditures and net exports. National Income equals the domestic products of a country. The equation is as follows:
C + I + G + (X - IM) = DI + NT.
The statement given is true. Disposable income equals the saving plus consumption. The excess of disposable income which is not consumed is saved. Sum of saving and consumption must equal Disposable income in an economy.
Answer:
Throughout her retirement plan, Lena will still have $206,673.13.
Explanation:
The given values are:
Annual Interest Rate
= 12.00%
Monthly Deposit
= $110
Period
= 25 years i.e., 300 months
Monthly Interest Rate
= 1.00%
Now,
The Accumulated Deposits will be:
⇒ 
⇒ 
⇒ 
⇒ 
($)
Encumbrance
I believe is your answer
More jobs for the unemployed
ou need the determination to figure out the formula for your particular business.” —GREG BROPHY, FOUNDER OF SHREDIT AMERICA INC.
