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3 years ago

In an open economy, national saving equals domestic investment____________________?

Business

1 answer:

eimsori [14]3 years ago

7 0

Answer:

A. plus the net outflow of capital abroad.

Explanation:

National saving of any nation is derived from the people´s savings from the total earning after paying for all nessesities, taxes and government purchase. We can further include net export to the total saving, which is export minus import. We know value of net exports must be equal to the value of net capital outflow. Thus, national saving equals domestic investment and the net outflow of capital abroad.

S= Y-C-G+NX

Where S = saving, Y= Income, C= current consumption, G= Governement purchase, NX= Net export.

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Under Treasury Circular 230, which of the following actions of a CPA tax advisor is characteristic of a best practice in renderi

svlad2 [7]

Answer:

The correct answer is letter "B": Establishing relevant facts, evaluating the reasonableness of assumptions and representations, and arriving at a conclusion supported by the law and facts in a tax memorandum.

Explanation:

Among the best practices that tax advisers are committed to we can find defining the facts, deciding that facts are particular, evaluating the rationality of any conclusions or interpretations, applying the applicable law to the particular facts, and reaching a conclusion informed by law and evidence.

8 0

3 years ago

An increase in the money supply causes

Murljashka [212]

Answer:

Inflationary Pressure

Explanation:

Inflationary pressures are the underlying causes of inflation. These pressures are the reason that the production of goods increases to meet or exceed consumer demand or that prices increase due to lack of supply. Inflationary pressures cause the economy to adjust as a result of supply and demand.

6 0

2 years ago

a process cost system, the cost of completed production in Department A is transferred to Department B by which of the following

oee [108]

Answer:

C. Debit Work in Process—Dept. B; credit Finished Goods—Dept. A

Explanation:

It is known that during continuous production, businesses find it difficult to isolate each individual unit and calculate a cost. Process costing systems accumulate the materials, labor and overhead costs for the period along with the total number of units produced. The total number of units produced includes both completed units and partially completed units. The company determines the percentage of completion for each partially completed unit and adds these amounts to the total number of completed units to determine the equivalent units.

4 0

3 years ago

Crane Roofing is faced with a decision. The company relies very heavily on the use of its 60-foot extension lift for work on lar

Novay_Z [31]

Answer:

The company should replace the equipment.

Explanation:

The cost analysis is calculated as follows;

Retain Replace Net Income

Equipment Equipment Increase (Decrease)

Operating expenses $146,400 0 $146,400

($24,400*6)

Repair costs $39,000 0 $39,000

Rental revenue 0 -$60000 $60,000

($10,000*6)

New machine cost 0 $166,500 -$166,500

Sale of old machine 0 -$24,500 $24,500

Total cost $185,400 $82,000 $103,400

From the calculation above, the equipment should be replaced as it incur a lesser cost compare to when it is retained.

8 0

3 years ago

A formula that calculates the total dollar value of all goods and services produced in a nation and all the goods and services p

Lina20 [59]

Answer:

Gross National Product (GNP)

Explanation:

According to Investopedia, "the Gross National Product is the value of a nation's finished domestic goods and services during a specific time period".

*Note that the GNP should NOT be confused with the GDP (Gross Domestic Product). The GDP only accounts for the value of goods and services produced within a nation's borders, while the GNP also adds the value of services produced by that country's employees and companies in other nations.

7 0

3 years ago