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katovenus [111]
3 years ago
15

In an open economy, GDP is $12 trillion this year. Consumption is $8 trillion, and government spending is $2 trillion. Taxes are

$0.5 trillion. Exports are $1 trillion, and imports are $3 trillion. How much is private saving
Business
1 answer:
Allushta [10]3 years ago
5 0

Answer: Private savings is $3.5 trillion

Explanation:

Private saving firstly is the amount that households are left over with after paying their taxes and consumption spending.

therefore we will use the formula private savings = Y-C-T, in which Y is the economies GDP, C is consumption in the economy, T is the Taxes paid by the households to government.

now we substitute these values on the above mentioned formula:

Private savings = $12 trillion - $8trillion -$0.5 trillion

                         =$ 3.5 trillion therefore private savings is $3.5 trillion.

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A. Buy government securities.

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Fred is on trial for robbing Sam's Electronics. The prosecution alleges that Fred broke into the warehouse behind the store and
harkovskaia [24]

Answer:

a. Show her the list and then take it away and have her testify from her 'refreshed recollection.'

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In the trial she said she can remember what was stolen.

Under rule 612 the prosecutor is allowed to.show her the list and them take it away. Gloria can now testify from her refreshed memory.

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But in this case she said she cannot recall the items

5 0
3 years ago
g When a company’s resources are valuable, rare, imperfectly imitable, and nonsubstitutable, it has a . Necessary to sustain a c
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Rare resources

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Rare resources are unique resources that is not controlled or possessed by many competing firms. Only a small number of competing companies control it. It usually stands out by being distinctive among the set of future competitors. Rare resources are short in supply and capable of persisting over an extended time, this makes it a source of competitive advantage for a company.

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Danny "Dimes" Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he
Marina86 [1]

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A) PED = 1.1

B) demand is elastic

C) Danny's total revenue would decrease

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we can calculate the price elasticity of demand using the formula:

PED = % change in quantity demanded / % change in price = [(300 - 250) / 250] / [(2.25 - 2.75) / 2.75] = (50 / 250) / (-0.5 / 2.75) = 0.2 / 0.18 = 1.1

since PED = 1.1, the demand is elastic

if the PED is the same when the price decreases from $2.25 to $1.75, total revenue will    :

when price = $2.25, total revenue = $2.25 x 300 = $675

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*a 22.22% decrease in the price will cause a 24.44% increase (= 22.22% x 1.1) in the quantity demanded = 300 units + (300 x 24.44%) = 373.3 ≈ 373 units

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