Answer:
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Answer:
private saving = $2700
Explanation:
given data
GDP = $10,000
Consumption = $6,000
Government spending = $1,500
deficit = $200
solution
we know here equation of GDP that is express as
GDP = Consumption + investment + Government spending ...................1
we consider here tax revenue that is = T
T - Government spending = - deficit
T = Government spending - deficit
T = $1500 - $200
T = $1300
so we can say from equation 1
( GDP - Consumption - T ) + ( T - Government spending ) = investment
and investment = private saving + public saving
so private saving will be
private saving = GDP - Consumption - tax revenue ................2
private saving = $10000 - $6000 - $1300
private saving = $2700
Answer:
B) 2
Explanation:
$8,000 divided by 20 is 400, $400 divided by $200 is 2 courses per employee.
Answer:
Option A. 17600
Explanation:
Cost Of Goods Sold: $
Opening Inventory at the start of the month ( 1st Jan 2017) 4000
Add:Purchases 17800
Less:Closing Inventory at the end of the month ( 31st Jan 2017) <u>(4200)</u>
Cost of goods sold for the month <u>17600</u>
Answer: Unemployed and in the labor force
Explanation: The labor force is the term that is used for the total of population that comes into the range of employment age, and are either employed or unemployed.
Unemployed refers to those individuals who are seeking for a job but are not getting one.
In the given case, Sheila is laid by her employer temporarily, thus she cannot be considered employed but still she is part of labor force.