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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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IRINA_888 [86]

It is conducted by the Electronic Communications Privacy Act (ECPA) and the Patriot Act, but the ECPA originally set up protections (such as a warrant requirement) to protect email, those protections have been weakened in many instances by the Patriot Act. It reduce their status as a protected communication in 180 days, then the email can be access by simple subpoena. 

8 0
2 years ago
Athena Company provides employee health insurance that costs $15,100 per month. In addition, the company contributes an amount e
weqwewe [10]

Answer:

Debit to Employee Benefits Expense $21,140

Explanation:

Preparation of Athena Company entry to record the accrued benefits for the month

Using this formula

Accrued Expenses = Gross salary ×Percentage of the amount contributed+ Insurance cost

Let plug in the formula

Accrued Expenses= $151,000 × 0.04

= $6,040 + $15,100

= $21,140

Debit to Employee Benefits Expense $21,140.

Therefore the entry to record the accrued benefits for the month would include a: Debit to Employee Benefits Expense $21,140.

5 0
3 years ago
Torque corporation is expected to pay a dividend of $1 in the upcoming year. dividends are expected to grow at a rate of 6% per
Novay_Z [31]

Answer:

The required rate of return on stock is 14.6% and option b is the correct answer.

Explanation:

The required rate of return is the minimum return that investors demand/expect on a stock based on the systematic risk of the stock as given by the beta. The expected or required rate of return on a stock can be calculated using the CAPM equation.

The equation is,

r = rRF + Beta * (rM - rRF)

Where,

  • rRF is the risk free rate
  • rM is the return on market

r = 0.05 + 1.2 * (0.13 - 0.05)

r = 0.146 or 14.6%

4 0
2 years ago
Xyz inc. has total debt ratio of 0.62. calculate the company's equity multiplier.
sergiy2304 [10]
The equity multiplier is obtained by adding one to the debt ratio.

Therefore, the equity multiplier of XYZ inc is given by 1 + 0.62 = 1.62
6 0
3 years ago
Louis owns an import business. After traveling to France on numerous occasions, he developed a taste for fine French wines. A ra
Tamiku [17]

Answer:

B. French wines will become more expensive in the United States.

Explanation:

Exchange rate is the rate at which one currency can be exchanged for another during international trade. The strength of a currency determines how much of the other countrie's goods it can purchase.

When the strength of a countrie's currency is high it will purchase more of the other countrie's goods. If however the currency is weak, it will take more to buy the other countrie's goods.

In this case if the dollar falls against the euro, it will take more dollars to buy French wine than before.

For example if a bottle of French wine was $500, after the fall the price may now be $800.

3 0
3 years ago
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