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seraphim [82]
3 years ago
13

Supposed that in a closed economy GDP is equal to 11,000, taxes are equal to 1,500, consumption equals 7,500 and government purc

hases equal 2,000. What is national saving
Business
1 answer:
valkas [14]3 years ago
7 0

Answer: National Saving = 1500

Explanation:

Given that,

Y (Income) = GDP =  11,000

Taxes = 1500

Consumption = 7500

Government Purchases = 2000

National saving is the sum of two components that are public savings and private savings.

National Saving = GDP - Consumption - Government Purchases

= 11000 - 7500 - 2000

= 1500

∴ The national saving in a closed economy is 1500.

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Answer: a. true

Explanation:

Cash payback period shows the amount of time it will take for cash inflows from an investment to pay off the investment.

Cash payback period = Investment/ Cash inflow

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<em>Statement is proven true. </em>

6 0
3 years ago
Which of these best fits the definition of interest, as it applies to finance? a. interest is the money earned by investing. b.
ladessa [460]

The definition for interest in terms of finance is interest is the cost of borrowing. Therefore the correct option is (B).

<h3>What is Finance?</h3>

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6 0
2 years ago
based upon the current ratio, how would creditors or lenders feel about the liquidity of the buisness? why?
damaskus [11]

Answer:

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it is calculated as follows,

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a normal, health current asset ratio is 1. and it is better when the number is going up.

This gives the short term lenders (such as short term bond holders) and suppliers the ability to assess the companies ability to pay off the short term obligations in an even of  bankruptcy or  finanacial crisis.

Explanation:

4 0
3 years ago
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Sholpan [36]

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5 0
3 years ago
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Allisa [31]

Answer: (C) Related linked

Explanation:

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Therefore, Option (C) is correct.

4 0
4 years ago
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