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
Olegator [25]
3 years ago
11

National accounting identities Let C stand for consumption spending, I for investment, G for government purchases, X for exports

, IM for imports, DI for disposable income, and NT for net taxes. Consider the following identity and answer the questions that follow. Which of the following best characterizes the above identity?
A. National income must equal domestic product.

B. Domestic product must exceed national income.

C. National income must equal the total amount of leakages from the nation's flow of income and expenditures.

D. National income must equal the total amount of injections into the nation's flow of income and expenditures.

True or False: Disposable income must equal consumption plus saving.
Business
1 answer:
madreJ [45]3 years ago
4 0

Answer:

A. National income must equal domestic product.

True.

Explanation:

National Income is the total value of goods and services produced in a country during a financial period. It is total income from a country's economic activities.

Domestic product is monetary value of all economic activities of a country during a period.

National Income is sum of Investments, Savings, Government expenditures and net exports. National Income equals the domestic products of a country. The equation is as follows:

C + I + G + (X - IM) = DI + NT.

The statement given is true. Disposable income equals the saving plus consumption. The excess of disposable income which is not consumed is saved.  Sum of saving and consumption must equal Disposable income in an economy.

You might be interested in
When Harriet went away for the summer, Landry, a house painter, painted her house. He had a contract to paint a neighbor’s hou
Goshia [24]

No, Because Harriet had no knowledge of the painting for her house, While there was an added benefit. There is no quasi-contract at all.

6 0
4 years ago
Suppose on January 1 Aiden​'s Tavern prepaid rent of $ 13 comma 200 for the full year. At July 31​, how much rent expense should
Paha777 [63]

Explanation:

13,200 Rent prepaid on January 1 for 1 year

÷ 12 Months

$ 1,100 Rent expense per month

Thus, $1,100 Rent expense per month

× 7 Months

$7,700 Rent expense for January through July

At July 31, Aiden's Tavern should record $ 7700 of rent expense.

8 0
4 years ago
________ strategy involves the types of decisions made and direction created for a company that operates multiple lines of busin
Kay [80]
Corporate strategy involves the types of decisions made and direction created for a company that operates multiple lines of business.
4 0
2 years ago
Which of the following is part of a sustainable economy? ANSWER a) Unselected It will value and preserve ecosystem services and
elena-14-01-66 [18.8K]

Answer:

Letter e is correct. All of the listed responses are parts of a sustainable economy.

Explanation:

In a sustainable economy, people are much more aware of the preservation of nature's depleted resources, and the well-being of current and future generations, which induces companies to meet the demands of new conscious consumers by creating " green products "and the use of new technologies to reduce the negative impacts of production on the environment.

8 0
3 years ago
THE WINNER IS cssa06160! She/he answerd the most questions with all accuracy : )!!! She will get brainliest
o-na [289]

Answer:

^--^

Explanation:

3 0
3 years ago
Other questions:
  • All licensees should give earnest money checks to their sponsoring broker immediately who must deposit said earnest money by
    15·1 answer
  • A lease calls for a minimum rent of $2800 per month plus 4% of annual gross sales in excess of $500,000. What is the annual rent
    7·1 answer
  • hich of the following statements is true? The denominator used in computing earnings per share represents the shares of common s
    9·1 answer
  • If you want to sell unique wristbands to the 250 participants in a special boating event to raise funds for research for a rare
    13·2 answers
  • if Alexis invest $2,000 into a fund that earns 5.5% interest compounded annually, how long will it take for her investment to gr
    7·1 answer
  • Htc started as an original equipment manufacturing firm (oem) for brand-name mobile device companies. later, it started offering
    6·1 answer
  • Aggregate planning is capacity planning that typically covers a time horizon of one to three months. True or false?
    8·1 answer
  • If the market price is $60, a firm's minimum average total cost is $70, and minimum average variable cost is $50, what should th
    8·1 answer
  • In business ethics, which of the following is not an adequate moral claim of economic<br> theory?
    6·1 answer
  • Which of the following are the names given to the two types of stock purchasers?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!