Answer: CONSUMPTION SPENDING = $730 Billion
PRIVATE SAVING = $300 Billion
PUBLIC SAVING = -$50 Billion
NATIONAL SAVING = $250 Billion
Explanation:
The missing figures are the Consumption Spending, Private Saving, Public saving and National Saving.
This is a closed economy so no imports.
Consumption Spending.
The Formula for GDP is
Y = C + I + G
Y is income
C is Consumption
I is Investment
G is Government Spending.
Making C the subject we have,
C = Y - I - G
= 1,200 - 220 - 250
= $730 billion
Private Saving is what people are left with after taxes and Consumption so,
= Y - T - C
= 1,200 - 170 - 730
= $300 billion
Public Saving is how much the Government spent vs what it received.
The formula would therefore be
= Taxes - Government Spending
= 170 - 220
= -$50 billion
National Saving is the amount in the Economy that was saved after accounting for Consumption and Government Spending.
= Y - C - G
= 1,200 - 730 - 220
= $250 billion
If you need any clarification do react or comment.
Answer:
sharecropping
Explanation:
Sharecropping is a system of tenancy agriculture . In it a landowner gives a portion of his land to a labour for the purpose of raising crop . In return , he gets a share of crop raised by him for free.
After the civil war , former slaves were in search of jobs . Due to depression and absence of credit system ,they went into this deal of sharecropping with whites . They also borrowed heavily for getting seeds and fertilizer. Landlords charged high interest rate for that which led them to debt-trap. Landowner also put condition like selling the yield on their condition at pre-specified cheap price.
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i think the answer is B which is <span>Timber land was harvested, robbing Native Americans of a valuable resource</span>
Answer:
1 a) + asset , + preferred stock
b) + asset , + preferred stock
c) + assets , + stockholder's equity
d) - and + Asset
e) + -Asset
f) - Equity , + liability
g) - Equity , - Asset
journal entry
a) Debit bank 700000 Credit Preferred stock 700000
b) debit land 420000 , credit preferred stock 420000
c) debit bank 768000 credit stockholder's equity 768000
d) Debit investment 270000 credit bank 270000
e) Debit bank 189000 , credit investment 189000
f) Debit dividend 19600 credit shareholders for dividends 19600
g) debit dividends 96000 credit bank 96000
Explanation:
dividends preferred = 7000 + 4200 = 11200 * 1 . 75 = 19600
dividends common stock = 48000 * 25 * 8 % = 96000
