Answer:
(i) $940 billion
(ii) $380 billion
(iii) -$80 billion
(iv) $300 billion
Explanation:
Income, Y = $1,500 billion
Government spending, G = $260 billion
Taxes, T = $180 billion,
Investment spending, I = $300 billion
As Y = C + G + I
Consumption spending, C = $1,500 - $260 - $300
= $940 billion
Private savings = Y - T - C
= $1,500 - $180 - $940
= $380 billion
Public saving = T - G
= $180 - $260
= -$80 billion
National saving = private + public
= $380 - $80
= $300 billion
Answer: demographic
Explanation:
Demography simply has to do with population study. From the question, we are informed that The Gap company caters to the needs of men and women by manufacturing three different lines of fashion-wear based on the purchasing power of its customers.
This shows that Gap most likely segments the consumer market based on demographic variables.
Answer:
Kate policy will pay 1500 dollars while Johns policy will pay 250 dollars
Explanation:
kates policy will pay 1500 dollars while johns policy will pay 250 dollars.
Since Kates deductible is 500 dollars, this deductible will be subtracted from the 2000 dollars collission loss that occurred when John borrowed her car. which gives $1500. therefore her policy will get to pay 1500 dollars. while johns policy will have to pay $250
Answer:
$273,400
Explanation:
Given that,
Wages and salaries = $349,000
Depreciation = 290,000
Utilities = 199,000
Total = $838,000
Cost to be allocated to Assembly cost pool
:
= (Wages & salaries × 35%) + (Depreciation × 35%) + (Utilities × 25%)
= ($349,000 × 35%) + (290,000 × 35%) + ($199,000 × 25%)
= $122,150 + $101,500 + $49,750
= $273,400
<h2>Goods & services is an example of "economic activity".</h2>
Explanation:
Economic activity is basically an action pertaining to production, distribution and consumption of goods.
Any activity which involves money for which we get products are called "economic activity".
Exchange of Product / services which involves money can be considered as economic activities.
Out of box information:
In the ancient days, people get product for another product and this was going on when the currency was not invented.
The word economy was coined by "Aristotle".