Answer:
A. $1.5 trillion and $2.5 trillion, respectively
Explanation:
Given that
GDP = 11 Trillion
Tax = 2.5trillion
C = 7 trillion
Recall that
Private Savings = Disposable Income - Consumption
Disposable income = GDP - Tax
= 11 - 2.5
= 8.5
Private savings = 8.5 - 7
= 1.5 trillion.
National Savings = Private Savings + Budget balance
Given that
Budget balance = 1 trillion
Therefore,
National Savings = 1.5 + 1
= 2.5 trillion.
Answer: A. 1) Adequate enough
2) Combined together
3) Big in size
4) Absolutely essential
b. 3) “That was unfinished”
Explanation:
A. Redundancies in phrases refer to the repetition of words with the same or similar meanings which gives off the impression of saying the same things twice. All the options listed are therefore redundancies.
By saying something is <em>Adequate</em> which means that it is <em>sufficient</em> for something one does not again need to include enough because it is the <em>same as sufficient</em> as well.
By also saying Combined, one has already inferred that something <em>was brought together</em>. Including together again is redundant because the <em>together </em>is already in the definition of combined.
Big in size is another redundancy because when a person describes something as Big, they are already referring to the <em>size </em>of the thing in question. Adding in size is therefore <u>not needed</u>.
Finally, the Absolutely in the phrase makes the phrase redundant. When something is said to be essential it means that it is <em>absolutely needed</em> or crucial. To say something is Absolutely Essentially is like saying something is an <em>Essential Essential. </em>
B. The Johnson report had already been said to contain <em>incomplete data</em>. To go on to say that the data is Unfinished is a redundancy because by saying that it is incomplete it means that the data is by definition <em>Unfinished</em>. Removing the “That was unfinished” bit fixes the sentence.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
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