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BigorU [14]
3 years ago
5

If GDP exceeds aggregate expenditures in a private closed economy: A. Saving will exceed planned investment B. Planned investmen

t will exceed saving C. Planned investment will exceed actual investment D. Injections will exceed leakages
Business
1 answer:
Leya [2.2K]3 years ago
4 0

Answer:

The correct answer is A

Explanation:

GDP stands for Gross Domestic Product, it measures the economic activity value within a Country. It is the total of the market prices or the values of all the final goods and the services produced in the economy.

When the economy is private as well as closed, then the GDP is more than the aggregate expenditure, then the savings from the household exceed the planned investment.

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Shangrilah Sandals is a manufacturing firm in a developing country, where it routinely uses grease payments to local officials t
julia-pushkina [17]

Answer:

b. cultural relativism

Explanation:

Cultural relativism refers to the ideology that what applies to current situation do not necessarily apply to another situation also.

As in the given instance the Shangrilah Sandals make grease payments in their own country as it is a developing country, but do not practice the same in another country called US as it is a developed country.

As the income of people in that country is high they do not believe in taking or accepting grease payments.

Thus, the correct option is:

b. cultural relativism

4 0
4 years ago
On January 8, Quastrar, Inc. sent Hylavian Company a letter offering to sell $10,000 in restaurant supplies. On January 18, Hyla
vagabundo [1.1K]

Answer:

D

Explanation:

8 0
3 years ago
Jim is CEO for a company that produces filing cabinets and office furniture. He uses when determining that in order to increase
Anon25 [30]

Answer:

planning

Explanation:

Based on the information provided within the question it can be said that in this scenario Jim is using the function of planning in order to determine this. The planning management function focuses on thinking ahead in order to set things into motion so that everything functions accordingly and efficiently in the future. Which is what Jim is doing by stating that in order to increase the production by 20% like they need, they have to hire 10 new employees.

3 0
3 years ago
Consider the simple leisure model in which the individual chooses between leisure (L) and money income (M). The marginal utility
tensa zangetsu [6.8K]

Answer:

Wage rate is $5

Explanation:

The marginal utility of money=marginal utility of leisure/wage rate

When the formula is rearranged,wage rate is given thus:

wage rate=marginal utility of leisure/marginal utility of money

wage rate=15/3

wage rate =$5

In other words, the correct option is C,wage rate is $5

Option D would have been correct if the requirement was to calculate marinal utility of leisure

4 0
3 years ago
2. If an accrual is for an expense, the adjusting entry debits and __________ account and credits a(n) __________ account. asset
coldgirl [10]

If an accrual is for an expense, the adjusting entry debits and asset expense account and credit a liabilty.

<h3> What is an accrued expense?</h3>

Accrued expenses are expenses that are recorded as  account payable under the current liabilities section and it is recorded as an expense in the income statement of a company or individual balance sheet.

Example of accrual accounts is accounts payable and receivable, and future interest expense.

Therefore, If an accrual is for an expense, the adjusting entry debits and asset expense account and credit a liabilty.

Learn more on accrued expenses from

brainly.com/question/13450378

5 0
2 years ago
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