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marta [7]
3 years ago
15

In a small, closed economy, national income (GDP) is $350.00 million for the current month. Individuals have spent $100.00 milli

on on the consumption of goods and services. They have paid a total of $60.00 million in taxes, and the government has spent $75.00 million on goods and services this month. Use this information and the national income identity to answer the questions.
1. How much is spent on investment in this economy? investment?
2. What is national saving in this economy?
3. How are investment and national saving related in an economy like this?
a. National saving equals investment. Investment is a component of national saving.
b. National saving is always less than investment.
c. They are unrelated.
Business
1 answer:
sergij07 [2.7K]3 years ago
4 0

Answer:

1. Investment spending is 175 million

2. National Saving is 175 million

3. Saving is the same as investment

Explanation:

Y = 350.00; C = 100.00; T = 60.00; G = 75.00

1. I = Y - C - G = 175.00

2. S = I = 175.00

3. Closed economy, national saving equals investment (no import export means no saving or debt with rest of world)

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all of the given options qualify as being true about cost allocation.

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Adrian Corp. sells goods on account for $100,000 on May 1. On May 15, the customer returns $40,000 of the merchandise. The custo
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in the absence of trade, the domestic price of soybeans is pn. if the world price of soybeans is pw, which of the following will
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In the absence of trade, the domestic price of soybeans is pn. if the arena charge of soybeans is pw,b. the home charge of soybeans will rise, and home intake will fall.

The required details about domestic price is mentioned in below paragraph.

A domestic price degree represents the cutting-edge charge for a particular top or carrier in an economy. Government companies or country wide economists have a tendency to study diverse charge degrees for you to verify growing or falling prices, known as inflation and deflation in monetary terms, respectively.The term 'Domestic charge ' because it applies to the region of agriculture may be described as ' The charge at which a commodity trades inside a country, in assessment to the arena charge. For the ones commodities now no longer benefitting from a few shape of charge aid, the domestic price is decided with the aid of using deliver and demand. For commodities that acquire charge aid, the home charge is commonly set with the aid of using the mortgage price or a few similar aid degree that serves as a charge ground withinside the market running at the side of any import quota that can be in effect'.

To learn about domestic price visit here.

brainly.com/question/15584616

#SPJ4

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