1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andru [333]
3 years ago
10

For a closed economy, gdp is $18 trillion, consumption is $13 trillion, taxes are $2 trillion and the government runs a deficit

of $1 trillion. what are private saving and national saving? $3 trillion and $1 trillion, respectively $3 trillion and $2 trillion, respectively $2 trillion and $3 trillion, respectively $2 trillion and $2 trillion, respectively
Business
1 answer:
Yakvenalex [24]3 years ago
7 0

Answer:

$3 trillion and $2 trillion, respectively

Explanation:

Private savings in (Income - Taxes) -Consumption

National/Public Savings are (taxes - expenditures)

You might be interested in
Instructions<br><br> Question:<br><br> State the usefulness of correction signs.<br><br> ‌
Anastasy [175]

Answer:

Safety signs and symbols are important safety communicating tools, they help to indicate various hazards that present in plant site or workplace. At the same time, they warn workers to always keep watching out for those hazards by giving required information and safety instructions.

Explanation:

hope this helps you

7 0
3 years ago
How do surpluses and shortages help establish the equilibrium price ?
Vika [28.1K]
Surpluses push the price down toward the equilibrium and shortages raise the price to the equilibrium 
6 0
3 years ago
Causwell company began 2018 with 10,000 units of inventory on hand. the cost of each unit was $5.00. during 2018 an additional 3
nydimaria [60]

The amount of cost of goods sold using FIFO method is $110,000.

Hope this helps. :)

3 0
3 years ago
A dairy producer has determined that almost all grocery consumers are potential customers for its products. Which type of market
Flauer [41]

Answer:

undifferentiated

Explanation:

8 0
3 years ago
The amount of money you can change to a credit card is called?
babymother [125]
Checking money is the amount of money.
4 0
3 years ago
Read 2 more answers
Other questions:
  • GDP is not a perfect measure of well-being because_________.
    6·1 answer
  • An economy produces only food and shelter. There are two individuals in the economy: Bill and Mary. Mary's opportunity cost of p
    6·1 answer
  • An opportunity cost: Multiple Choice Is an unavoidable cost because it remains the same regardless of the alternativ
    9·1 answer
  • Printers Company pays a $25,000 annual membership fee to a trade association for paper wholesalers. The trade association estima
    15·1 answer
  • Which of the following is the correct term to
    9·2 answers
  • PLEASE HELP ASAP::::
    15·1 answer
  • The LIFO inventory cost flow assumes that the cost of the newest goods purchased are: A. assumed to be the first ones sold. B. a
    15·1 answer
  • What is the value of a stock which has a current dividend (D0) of $1.50, and is growing at the rate of 7%
    7·1 answer
  • Raleigh BBQ has $48,000 in current assets and $39,000 in current liabilities. Decisions related to these accounts are referred t
    5·1 answer
  • The ________ approach states that the exchange rate is determined by the supply and demand for national currency stocks, as well
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!