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Stels [109]
3 years ago
7

Suppose real GDP is $6,178 billion, taxes collected by the government are $701 billion, government spending is $814 billion, and

consumption spending is $4,366 billion. What is the value of national saving? Enter a whole number with no dollar sign and please do not include the word billion.
Business
1 answer:
TEA [102]3 years ago
7 0

Answer:

$998 billion

Explanation:

National savings is the sum of private savings and public savings and it is also calculated by deducting consumption and government spending from gross domestic product (GDP).

National savings = Gross domestic product - consumption - Government purchases

                            = $6,178 billion - $4,366 billion - $814 billion

                             = $998 billion

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drek231 [11]

Answer:

The Cash paid to suppliers was $85,000

Explanation:

Data provided in the question:

Cost of goods sold = $100,000

Decrease in inventory = $5,000

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Now,

Cash paid to suppliers will be

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= $100,000 - $5,000 - $10,000

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The Cash paid to suppliers was $85,000

8 0
3 years ago
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larisa [96]

Answer:

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Explanation:

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3 years ago
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guajiro [1.7K]
Base on my research, the gap that is stated in the problem is the inflationary gap. This is the amount of the real GDP go beyond potential full-employment GDP. Upon eliminating this gap the government forms a policy that will allow the potential GDP to be equal to the real GDP and higher the price level. 
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Likurg_2 [28]
I think d. sorry if i'm wrong
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4 years ago
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KonstantinChe [14]

Answer:

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