Answer: The answer is given below
Explanation:
a. . Private saving
Private saving=Y+TR-C-T
= $11t + $1t - $8t - $3t
= $12 trillion - $11 trillion
= $1 trillion
b. Public saving
Public Saving= T-G-TR
Since G is not given, we can use:
I = public saving + private saving
$2t = public savings + $1t
Public saving= $2 trillion - $1 trillion
Public savings = $1 trillion
c. Goverment purchases
Since public savings = T - G - TR
$1t = $3t - G - $1t
G = $3t - $1t - $1t
G = $3 trillion - $2 trillion
G = $1 trillion
d. The goverment budget deficit or budget surplus.
There is a budget surplus of $1 trillion which has been calculated in the public savings.
False, opportunity cost is what you have to give up in order to obtain a good.
Example:
You have 30 minutes to either read a book or nap. You choose to read a book. You're opportunity cost is the 30 minutes you could have spent sleeping.
The answer is shareholders. A business organization claimed either by non-administrative associations or by a moderately modest number of shareholders or organization individuals which does not offer or exchange its organization stock (shares) to the overall population on money markets trades, yet rather the organization's stock is offered, possessed and exchanged or traded secretly. More uncertain terms for a privately held organization are unquoted organization and unlisted organization.
Answer:
True of financial account auditors.
Explanation:
A financial account auditor often act as skeptics (having suspicion and lack of trust) when reviewing financial transactions.
Thus financial accounts adjustments that increase or decrease earnings are usually investigated with more skepticism by auditors. Such increased skepticism is important because it enables the auditor undo errors and better position the business for success.
