1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mojhsa [17]
3 years ago
9

Scenario 22-3: Economy of Centralia Centralia has no trade and no government. GDP = $25 trillion. Consumption Spending = $18 tri

llion. Use Scenario 22-3. Consider the information on the economy of Centralia. What is the level of private saving in Centralia?
Business
1 answer:
erastovalidia [21]3 years ago
8 0

Answer:

The level of private saving in Centralia is $7 trillion.

Explanation:

The economy of Centralia has no trade and no government.

The level of GDP is given as $25 trillion.  

Consumer spending is $18 trillion.  

The level of private savings, in this case, will be the difference between the GDP or total income and consumption spending.  

Private savings  

= $25 trillion - $18 trillion

= $7 trillion

You might be interested in
Eugene Co. has inventory it purchased for $6,000. It sells the inventory to a customer for $10,000, including installation. Inst
Scrat [10]

Answer:

The necessary entries would be:

Dr Accounts receivable             $11,000

Cr Sales revenue                                     $10,000

Cr Deferred revenue                                $,1000

Explanation:

Revenue should be recognized in the books of account where the selling party has performed its obligation of delivering goods or rendering services as contained in the sales contract.

This contract contains provision of goods -inventory that have been delivered and rendering of services-installation that is in progress, as a result the revenue relating to the former is due to be recognized now while the  later would be recognized when is installation is concluded.

5 0
3 years ago
Read 2 more answers
Federal employment discrimination laws restrict the ability of employers to discriminate against workers on the basis of Group o
kipiarov [429]

Option d. Federal employment discrimination laws restrict the ability of employers to discriminate against workers on the basis of gender.

<h3>What is discrimination?</h3>

This is the type of bias that may exist in the society because of where a person is from, their tribe, religion and their beliefs.

Discrimination based on gender is an offense against an employee who is competent and qualified for a job.

Read more on discrimination here:

brainly.com/question/1084594

#SPJ1

6 0
1 year ago
pharoah company purchased 200 of the 1000 outstanding shares of sheridan company's common stock for $520000 on january 2, 2021
Anni [7]

The equity investment ( sheridan )account on December 31, 2021 is $5,20,000

As per the fair value technique, equity Investments must be stated at the fair value of the funding at the date of reporting. In this situation there is no fair value, therefore fairness Investments ought to be mentioned at buy charge.

A fair fee is an anticipated charge at which an asset is offered or offered when both the client and seller freely agree on a fee. People and corporations may additionally compare modern-day marketplace value, growth ability, and replacement value to determine the fair price of an asset.

An equity investment is a cash that is invested in an organization by means of buying shares of that organization within the stock market. those shares are generally traded on a stock exchange.

Learn more about fair value here brainly.com/question/16788537

#SPJ4

6 0
1 year ago
Look at the picture, which one is the correct answer?
patriot [66]
Probably production function
6 0
2 years ago
Read 2 more answers
Difference between debit the receiver and credit the giver ​
Vinil7 [7]

Answer:

Explanation:

When a payment is made to somebody, you debit the receiver of that payment and credit Cash or Bank as money is paid from cash or by means of cheque. When money or cheques are received, you credit the person who is paying you and you debit the cash or bank.

6 0
3 years ago
Other questions:
  • Under _____ reserve banking, banks hold only a small portion of deposits in reserve, and they lend the rest
    11·1 answer
  • The information provided by financial reporting pertains to A. individual business enterprises, industries, and an economy as a
    12·1 answer
  • Although appealing to more refined tastes, art as a collectible has not always performed so profitably. During 2003, an auction
    7·1 answer
  • Which of the following describes someone's expected outcome from
    14·2 answers
  • If the demand for a product decreases, we would expect a equilibrium price and equilibrium quantity to both decrease. b equilibr
    12·1 answer
  • SoCal Movie Company produces movies at a studio in Southern California. The risk manager decided to identify the range of potent
    7·1 answer
  • You are looking for ways to pay for your higher education costs. Which of the following options will require you to pay back any
    10·1 answer
  • Suppose a banking system receives a new deposit of $1,000. If the reserve requirement is 20%, by how much can the total volume o
    14·1 answer
  • A company invests $40,000 in a project with the following net cash flows: Year 1: $3,000 Year 2: $8,000 Year 3: $14,000 Year 4:
    7·1 answer
  • identify the early developments in europe as having either contributed or not contributed to the rise of industrial wage labor.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!