Answer: c. $300
Explanation:
Private Saving is income less taxes and consumption so is calculated by the formula;
= Y - C - T
= Income - Consumption - Taxes
Find Consumption
Y - C - G = I
Income - Consumption - Government spending = Investment
1,000 - C - 200 = 250
C = 1,000 - 200 - 250
C = $550
Private Saving is therefore;
= 1,000 - 550 - 150
= $300
<span>• One source of credit is retail stores, which are department stores (macy's, neiman marcus) that will give you a card that you can use only at that store
• Another source of credit is credit card companies like visa, mastercard, American express, and discover.</span>
Risk is measured by the probability of loss. If one invested everything he had in 1 specific stock, and that stock drops in a major way, then he loses a lot. This is a high-risk setup. On the other hand, if one divides his portfolio into several stocks, then his risk is much lower, because it is less likely that all those stocks drop at the same time. So this is how mutual funds diversify their portfolios to lower risk, and the right answer is C.
Answer:
The percentage of Indiana residents with a college degree rises from 25% to 30%.
Explanation:
Human capital is one of the most important (according to some economists the most important) aspect for economic growth. If college graduates in Indiana go from 25% to 30%, it means that Indiana's human capital has improved.
With improved Human Capital, now Indiana can produce better steel and corn, or even produce other things, because its college graduates have acquire the necessary knowledge to do so. This will in turn lead to economic growth and a higher standard of living.
