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Sonja [21]
4 years ago
7

Suppose that GDP is $10,000, Consumption is $6,000, and Government spending is $1,500 with a deficit of $200. (Assume net export

s are zero) What is the level of private saving in this economy
Business
1 answer:
Marta_Voda [28]4 years ago
8 0

Answer:

private saving = $2700

Explanation:

given data

GDP = $10,000

Consumption = $6,000

Government spending = $1,500

deficit = $200

solution

we know here equation of GDP that is express as

GDP = Consumption + investment + Government spending   ...................1

we consider here tax revenue that is = T

T - Government spending = - deficit

T = Government spending - deficit

T = $1500 - $200

T = $1300

so we can say from equation 1

( GDP - Consumption - T ) + ( T - Government spending ) = investment

and investment = private saving + public saving

so private saving will be

private saving = GDP - Consumption - tax revenue  ................2

private saving = $10000 - $6000 - $1300

private saving = $2700

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3 years ago
Positive Messages and the Writing Process
vlada-n [284]

Answer: Refer to Explanation

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These are negative messages and as such should have a negative and indirect tone so that the receiver may understand the gravity of the message.

2. a. Make a list of points to cover.

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It is divided into 3 stages being, <em>Prewriting, Writing</em> and <em>Revising</em>.

During Prewriting, one must determine why the are writing as well as who the message is intended for. Gilberto has done this already so the next step is the Writing stage.

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6 0
3 years ago
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riadik2000 [5.3K]
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3 0
3 years ago
Hockey Accessories Corporation manufactured 21 comma 600 duffle bags during March. The following fixed overhead data pertain to​
Agata [3.3K]

Answer:

D) $8,200 favorable

Explanation:

Hockey Accessories Corporation manufactured 21,600 duffle bags during March. The following data pertain to ​March:

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4 0
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Answer:

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