Answer and Explanation:
The computation is shown below:
Here Y denotes GDP
C Denotes the consumption
I denotes the investment
G denotes the government purchase
GDP for Closed economy:
Y = C + I + G
800 = C + 300 + 200
C = 800 - 500 = 300
Consumption (C) = $300 million
National savings = Y - C - G
= 800 - 300 - 200
= $300 million
Private savings = Y - C - T
= 800 - 300 - 260
= $240 million
Public savings = T - G
= 260 - 200
= $60 million
Based on the above calculations, the government is running a budget Surplus as theT is more than G
Answer: 2 3 5 7
Explanation:
This is the answer that i got
Answer:
Length = 45 feet
Width = 20 feet
Explanation:
Let the length of the court be 'L' and width be 'B'
Given:
According to the question
2(L + B) = 130
or
L = 65 - B ..............(1)
and,
3L + 9B = 315
or
L + 3B = 105 ....................(2)
from 1 and 2
65 - B + 3B = 105
or
2B = 40
or
B = 20 feet
And,
L = 65 - B
or
L = 65 - 20
or
L = 45 feet
Moral hazards usually solely impact the buyer. However, since no situations are specified,<u> the answers A and C are both acceptable</u>. In a transaction involving moral hazard, both parties could get hurt, suffer losses.
When one of the parties (whether it is the buyer or the seller) to a contract or agreement can take risks without worrying to face a repercussion, moral hazard may basically exist. In this case, either the buyer or the seller gets hurt in a transaction.
Actually, the phrase "moral hazard" describes a circumstance in which a buyer or a seller lacks the motivation to take precautions against a risk. Why? Simply because they are going to be shielded from any possible losses or fallout.
If you need examples of witnessed moral hazard in the workplace, read here: brainly.com/question/26367615
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<span>If the seller cost for the book was $6.50, the seller would loose money on each sale at $6.25 except for two reasons: (1) The seller is so worried that they will get caught with a supply of the books that selling at a slight loss is better then a complete loss. (2) The seller is willing to take a slight loss on one item to deliver a large audience to their store in order to sell customers more profitable items.</span>