Answer: The answer is given below
Explanation:
a. . Private saving
Private saving=Y+TR-C-T
= $11t + $1t - $8t - $3t
= $12 trillion - $11 trillion
= $1 trillion
b. Public saving
Public Saving= T-G-TR
Since G is not given, we can use:
I = public saving + private saving
$2t = public savings + $1t
Public saving= $2 trillion - $1 trillion
Public savings = $1 trillion
c. Goverment purchases
Since public savings = T - G - TR
$1t = $3t - G - $1t
G = $3t - $1t - $1t
G = $3 trillion - $2 trillion
G = $1 trillion
d. The goverment budget deficit or budget surplus.
There is a budget surplus of $1 trillion which has been calculated in the public savings.
A repair order does have to be signed or verbally agreed on by the customer because they are agreeing to pay for the service that is completed by the repair shop. If the customer signs the paperwork agreeing that the work can be completed, they are also agreeing they will pay for the service. The customer will be held responsible of they do not pay.
Answer:
The correct option is B
Explanation:
As Joe has health insurance, now he is engaged in the activities which are more risky because he knows that if he gets hurt then the health insurance will cover it. So, this economic problem in the story will be referred to as the moral hazard because it is a hazard when one party can take the risks knowing that the other party will bear the outcome.
Explanation:
A. Operational plans are the term for work plans that describe how a company will put its goals into action.
B. Business plans mean a formal plan that sets out the future strategy and financial development of a business.
C. Project frameworks describe the goals of a particular project, usually for a specified period of time.
D. Auditing refers to the process of examination of financial records to make sure that they are authentic and correct.
E. Debt finance can be defined as the money that must pay paid back.
F. Equity financing is the process of selling common stock or preferred stock to investors in order to raise money.
G. Marketing plan can be defined as details action necessary to achieve a specified marketing objective.
H. Performance management is used to gather information used within an organization that provides information for managers and employees to help them in performing their jobs.
I. Accounting is the process of recording, classifying, summarizing, interpreting, and communicating financial information about a business.
J. Operating expenses refer to the money required to keep a business going.
