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weeeeeb [17]
3 years ago
8

Consider three different closed economies with the following national income statistics. Country A has taxes of $40 billion, tra

nsfers of $20 billio, and government expend tures on goods and services of $30 billion. County B has private savings of $60 billion and investment expenditures of $40 billion. Country C has GDP of S300 billion, vestment of S90, consumption of $180 billion, taxes of $60 billion and transfers of $20 bllio From this information, we know that A country A has the largest government budget deficit. B country B has the largest go vernment budget deficit C country C has the largest government budget deficit. D The government budget deficit is equal in all three countries.
Business
1 answer:
scoray [572]3 years ago
6 0

Answer: option B

Explanation:

in A) budget deficit = G+Tr - T

= 30+20-40

= 10

In B) private saving , Y-C-T = 60

Y = C+G+I

So, C+G+I-C-T = 60

G-T = 60-40 = 20

Budget deficit= 20, HIGHEST

In C) Y = C+G+I+Tr - T

300 = 180+G+ 90 + 20-60

G = 70

So budget deficit= G-T

= 70-60

= 10

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LiRa [457]

Answer:

$2 billion

Explanation:

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Americans spend $5 billion on imports

Therefore the value of U.S net exports can be calculated as follows

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7 0
3 years ago
Conventional wisdom says one should measure a manager's investment performance over an entire market cycle. What arguments suppo
White raven [17]

Answer:

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However, if it was possible to analyse the market for volatility and adjust our forecasts it becomes unnecessary to look at and analyse all the information from a 12-month cycle before coming to terms about the performance of the manager.

Cheers!

4 0
3 years ago
Does anyone know a girl named Riley Carpenter?
Triss [41]
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4 0
3 years ago
Read 2 more answers
Why does the “rfm” rubric present the three key measures (recency, frequency, and monetary value) in that order?
snow_lady [41]

The order of the attributes in RFM conforms to the order of their importance in ranking customers. Recency is the most important factor. Recency alone won’t sort out your good customers from your new ones. You need frequency for that. Frequency measures the intensity of a customer’s relationship with your business. How much a customer spends on average or in total is the final measure of his or her monetary value.

5 0
3 years ago
Bramble Company purchased a new van for floral deliveries on January 1, 2018. The van cost $66000 with an estimated life of 5 ye
fgiga [73]

Answer:

$42,240

Explanation:

The computation of the balance of the Accumulated Depreciation account at the end of 2019 is as follows;

But before that the depreciation rate is

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For the first year, the depreciation expense is

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Now the accumulated depreciation is

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= $42,240

6 0
3 years ago
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