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katen-ka-za [31]
3 years ago
13

In the nation of Ruva, GDP is $15 trillion, consumption is $10 trillion, and government spending is $2.5 trillion. Taxes are $1

trillion, and the net capital inflow is $0.5 trillion. Private savings in Ruva equal $_____ trillion.
Business
1 answer:
ELEN [110]3 years ago
6 0

Answer:

Private Savings = $4 Trillion

Explanation:

Given that

GDP = Y = 15 Trillion

Taxes = T = 1 trillion

Consumption = C = 10 trillion

Recall that

Private Savings = Y - T - C

Therefore,

Private savings = 15 - 1 - 10

= $ 4 Trillion

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How is the unemployment rate calculated?
nasty-shy [4]

Answer:

hi, tge answer is C - Number of Unemployed Persons / Labor Force.

7 0
3 years ago
Due to inflation and shortages created by supply chain shortages, the price of Paco Rabanne's Eau de Toilette Spray increased
Darya [45]

The sales of Paco Rabanne's Eau de Toilette Spray would fall by 11.25%.

<h3>What is the price elasticity of demand?</h3>

The price elasticity of demand measures the impact of price changes on the quantity demanded of good. When t the price elasticity of demand is less than 1, demand is inelastic.

Percentage change in the quantity demanded = price elasticity x percentage change in price

12.5% x 0.9 = 11.25%

To learn more about supply elasticity, please check: brainly.com/question/26634801

5 0
2 years ago
Identical products, as well as a large number of buyers and sellers, are characteristics of a perfectly competitive market. In s
Rus_ich [418]

Answer:

The correct answer is True.

Explanation:

A perfectly competitive market has the following characteristics:

• There are many buyers and sellers in the

market.

• The goods offered by the different sellers

They are largely identical.

• Companies can freely enter and exit the

market.

As a result of these characteristics, perfectly competitive markets, result in:

• The actions of any buyer or seller

have an insignificant impact on the price of

market.

• Each buyer and seller takes the prices of

Market as dice.

A competitive market has many buyers and sellers trading with identical products so that each buyer and seller is price-accepting.

• Buyers and sellers must accept the price

determined by the market.

6 0
3 years ago
Features of wealth definition <br><br> 10
Kay [80]
<h2><em>Features of wealth :-</em> </h2>

<h3>The following are the characteristics of wealth: </h3>
  • <em><u>Increased stress on wealth</u></em>: This definition presented considerable value to the nature of money in the economy. According to some economists, the economic success of any country depends on the accumulation of wealth.
<h3 />
  • <em><u>Examining the Nature of Money:</u></em> According to this definition, economics is also divided with the investigation of the circumstances that led to the creation of wealth.
  • <em><u>Research on the Nature of Wealth:</u></em> According to this definition the wealth of a nation consists only of physical products.
  • <em><u>Economic Man: </u></em>This theory states that an economic man converges on his personal goal, that is to earn money
<h3> </h3><h2>Hope it helps.......</h2><h2>STAY SAFE, STAY HEALTHY AND BLESSED.</h2><h2>HAVE A GOOD DAY</h2><h2>THANK YOU</h2><h3>#Jennifer</h3>
5 0
3 years ago
The current account includes __________. a. the export and import of goods and services. b. all purchases and sales of assets su
umka2103 [35]

Answer:

A. The export and import of goods and services

Explanation:

The current account refers to the trade balance of a country. It is the record of a country's transactions with the rest of the world.

Current account includes imports and exports of goods and services, payments made to foreign investors, and transfers such as foreign aid.

The current account of a country can either be a surplus (positive) or a deficit (negative).

Surplus current account is when a country's export is greater than its import.

Deficit current account is when a country's export is less than its import.

Import refers a situation where a country buys goods from another country.

Export refers to a situation where a country sells to other countries of the world.

The current account is a part of the balance of payments, the other part is the capital or financial account.

Financial/capital account measures cross-border investments in financial instruments and changes in central bank reserves.

6 0
4 years ago
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