Answer:
Private savings = $360 trillion
Explanation:
Private savings is a summation of household and business savings. When there is economic growth there is stimulation of private savings, people have more money to save.
Private savings also drives economic growth because people have more money to invest in businesses that will have a higher output.
In a closed economy the formula for private savings is
Private savings = Y + TR - C - T
Private savings= 1414 trillion + 0 - 1010 trillion - 44 trillion
Private savings = $360 trillion
Answer:
The low cost of labor in other countries around the globe is a factor that business must consider because they are impacted by:
the high cost of domestic labor.
Explanation:
An entity's ability to be globally competitive in the face of foreign manufacturers with low cost of labor is not helped by the high cost of domestic labor. The cost of direct labor forms part of the computations for the cost of a product and its pricing. Cheaper imports are more affordable to consumers than local products, thus causing consumers to prefer imports to domestic products.
Answer: MRP is a term used in data warehousing to refer to a system that is used to process the day-to-day transactions of an organization. These systems are designed in a manner that processing of day-to-day transactions is performed efficiently and the integrity of the transactional data is preserved.
Explanation: Based on the findings from Young it showed that his management runs an inefficient system that has no accountability and modes of operation in bench marking staff operations on a daily and monthly basis. 2. Records for business transactions should be automated to cushion fraudulent practice from staff or management.
The focus of a blue ocean strategy is on lowering the economic value created, whereas a cost-leader focuses on increasing the economic value created.
The output of u. S. Citizens who work in Canada would be included in the: D. Gross domestic product.
<h3>What is gross domestic product?</h3>
Gross domestic product can be defined as the value of goods or products produce within a country at a particular period of time.
If a united State of American citizen work in Canada the output of the United State citizen will be added to the Gross domestic product of Canada.
Therefore the correct option is D.
Learn more about gross domestic product here:brainly.com/question/1383956
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