All categories

3 years ago

6. Consider an economy described by the following equations:

Business

1 answer:

kiruha [24]3 years ago

7 0

Answer:

(a) Private saving = Y-T-C

Private saving = 5000-1000-250-0.75(5000-1000)

Private saving = 750

Public saving = T - G

Public saving = 1000-1000

Public saving = 0

National saving = S = private saving+ public saving

National saving = 750

(B) Equilibrium interest rate = S + I

750 = 1000 - 50r

-50r = 750 - 1000

-50r = -250

50r = 250

r = 250/50

r = 5%

Public saving = 1000 - 1250

Public saving = - 250

(d) The new equilibrium interest rate

750 (-250) = 1000-50r

500 = 1000 - 50r

- 50r = 500 - 1000

- 50r = -500

-50r = 500

r = 500/50

r = 10%

You might be interested in

Indra nooyi, ceo and chairman of pepsico is considered the most powerful woman on fortune’s 50 most powerful women’s list, uses

maria [59]

I think that Indra Nooyi is using social power because she involves the consumers in creating innovation. She makes a close interaction based on the feedback of the consumers. And as one community, consumers have also the right to propose solutions for continuous development. All the other choices do not conform to her Pepsi challenge. She does not use her personal power that may include her intimidating people because of her reputation. It could also not be legitimate power because there is no legal actions that are used. It also can't be expert power because she just asks for open ideas, and not offer to them her expertise of her field.

8 0

3 years ago

When vegans carry signs that read "meat is murder" or when antiabortion marchers hand out literature illustrated with gruesome p

kompoz [17]

They are likely to engage in moral shock that will help them in attracting new members and other likeminded citizens. This is an emotional or cognitive process in which is being used as a way of encouraging other people to be involved or participate in what they want them to participate to.

4 0

3 years ago

King Costume uses a periodic inventory system. The company started the month with 6 masks in its beginning inventory that cost $

madreJ [45]

Answer:

$464

Explanation:

Periodic Inventory method is being used. That means valuation of inventory is done at the end of a specific period.

LIFO method is also used for determining the cost of inventory sold. FIFO stands for Last In First Out.

<u>Calculation of Cost of Goods Sold :</u>

41 unit × $10 = $440

3 units × $8 = $24

Total = $464

The cost of goods sold for the month is: $464

8 0

3 years ago

A sum of K3,000 is borrowed for 2 years at the reducing balance interest rate of 12% p.a. compounded every two-monthly.

kobusy [5.1K]

a) The full loan repayment schedule for the two years is as follows:

<h3>Loan Repayment Schedule:</h3>

Period PV PMT Interest FV

1 $3,000.00 $283.68 $60.00 $2,776.32

2 $2,776.32 $283.68 $55.53 $2,548.17

3 $2,548.17 $283.68 $50.96 $2,315.45

4 $2,315.45 $283.68 $46.31 $2,078.08

5 $2,078.08 $283.68 $41.56 $1,835.97

6 $1,835.97 $283.68 $36.72 $1,589.01

Year #1 end

7 $1,589.01 $283.68 $31.78 $1,337.11

8 $1,337.11 $283.68 $26.74 $1,080.17

9 $1,080.17 $283.68 $21.60 $818.10

10 $818.10 $283.68 $16.36 $550.78

11 $550.78 $283.68 $11.02 $278.12

12 $278.12 $283.68 $5.56 $0.00

Year #2 end

b) The balance of the loan at the end of the seventh repayment period is <u>$1,337.11</u>.

c) The total interest paid for this loan is <u>$404.16</u>.

d) If the borrower decides to terminate the loan after the first year, the termination payment should be <u>$1,589.01</u>.

<h3>Data and Calculations:</h3>

N (# of periods) = 12 months (2 x 6)

I/Y (Interest per year) = 12%

PV (Present Value) = K3000

FV (Future Value) = K0

<u>Results</u>:

PMT every two months = $283.68

Sum of all periodic payments = $3,404.16 ($283.68 x 12)

Total Interest = $404.16

Learn more about loan repayment schedules at brainly.com/question/24576997

#SPJ1

4 0

1 year ago

Maria, who works in the design department, wants her online presence to signal that she is a business professional. Which profil

s2008m [1.1K]

Answer:

A photograph of Maria in her work clothes with smiling face

Explanation:

Maria is an individual or person, who works as designer in the design department of a company. Being a designer, her work involves creativity in her designs which attract the customers.

And she wants her online presence to signal or state that by profession she is a business professional in order to choose a profile picture for her online presence, she needs to choose a photograph, in which she is wearing her work clothes along with a smiling face.

5 0

3 years ago