Answer:
$735 billion
Explanation:
Calculation to determine the national saving
Using this formula
National saving =Gross domestic product-Consumption expenditure-Government expenditure
Let plug in the formula
National saving=$2,450 billion-$1,390 billion- $325 billion
National saving=$735 billion
Therefore the national saving is $735 billion
Answer:
It is void (1)
Explanation:
A void contract is a type of contract that cannot be enforced by law by either of the party. A void agreement is void ab initio, i e from the beginning.
A good example of void contract is agreement to carry out an illegal act.The contracting parties do not have the power to make a void contract enforceable.
A contract can also be void due to the impossibility of its performance or prerequisites of a valid contract is/are absent.
Answer:
True
Explanation:
The cost of capital or Weighted average cost of capital WACC determines firms cost of capital. It includes all sources of finance which are included in firms capital structure. The sources of finance can be borrowed funds, shareholders etc
The WACC is calculated with given formula:
WACC = E/V Re + D/V * Rd (1 - T)
The examples of passive income are-
- portfolio income, including interest, dividends, annuities, and royalties
- income from rental real estate earned by a no real estate professional
- state and local refunds
Explanation:
Passive income is the incomes generated without the active participation of the person. In general, passive involves an upfront investment in the beginning after which a regular income source is generated. This constitutes mostly subsidiary activities. E.g. income generated from the rental properties, dividends, royalties and portfolio investment is considered to be passive in sense.
In the above examples-
- Interest, dividends, annuities, and royalties- It is a source of passive income since direct involvement of person is not required and involves initial investment in buying of stocks beyond which person enjoys annuities and dividends.
- Income from rental real estate earned by a no real estate professional- This is also an example of passive income. Once the investment is done, personal presence is not required for income generation. Hence it qualifies for passive income.
- winnings from gambling- it is not a source of passive income. A person presence is utmost (then only he can involve in gambling activities) for revenue generation.
- state and local refunds- This is a passive income since refunds are done by the concerned bodies and personal involvement is not needed.
C business mileage during the year to claim the standard mileage rate for the business