Answer:
The private savings as a share of the GDP must have declined.
Explanation:
according to the twin deficit hypothesis:
budget deficit = savings + trade deficit - investments
the government deficit as a share of GDP declined and investment as a share of GDP remained constant that means that the savings should decline.
Answer:
Option (D) is correct.
Explanation:
Given that,
Beginning retained earnings = $300,000
Income tax expense = $60,000
Ending retained earnings = $320,000
Cash dividends declared = $80,000
Net income:
= Increase in Retained Earnings + Dividend Declared
= (Ending Retained Earnings - Beginning Retained Earnings) + Dividend Declared
= ($320,000 - $300,000) + $80,000
= $20,000 + $80,000
= $100,000
Answer:
The state of the economy.
Explanation:
An investment can be regarded as an asset/item which is acquired so that income can be generated i.e the Asset can appreciate, by saying appreciate we mean the increase in value with time. The goal of investment when purchased is to create a future wealth.
It should be noted that The level of investment in markets often indicates
The state of the economy.
Answer:
1. D
2. A
3. C
4. B
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services.
In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.
In Accounting, costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
The various types of cost variance components and their definition includes the following;
1. Standard price: the expected price
2. Actual quantity: the input used to manufacture the quantity of output
3. Actual price: the amount paid to acquire input
4. Standard quantity: the expected input for the quantity of output
