Answer: D) saving equals investment as long as NX = 0
Explanation:
The last option was incomplete as it should have said ...NX = 0.
The Income/GDP of a country that is open to international trade is calculated as follows:
Income = Consumption + Investment + Government spending + Net exports
Y = C + I + G + NX
If NX = 0 then the formula becomes:
Y = C + I + G
Investment in this scenario is therefore:
I = Y - C - G
This is the same as savings as savings is calculated by subtracting consumption and government spending from the total income. This is because government spending is derived from taxes so the cash that people get to save is their income less than their taxes and consumption expenses.
S = Y - C - G = Y
When the level of output leads to sales revenue that covers the fixed and variable costs, this is called the Breakeven Point.
<h3>What happens at the Breakeven point?</h3>
This is the point where the company has sold enough units to make back its variable and fixed costs.
At this point, the company would be making $0 profits which is also considered in business to be the normal profit.
Find out more on normal profits at brainly.com/question/3522161.
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Answer:
The explanation of the three factors and they conclusion are below.
Explanation:
To begin with, when we talk about experimental units we refer to the entities that the researcher looks forward to make inferences about, so that means that in this case the experimental units of the situation will be all the people who got to visit the website in both schedules, the morning shift and the afternoon shift.
Secondly, the treatments is understood to be the process or the way, it could be said, that the researchers administrate to the experimental units. So that implicates that in this case the treatments will be the morning with its comfort described and the afternoon on the other side with its discounted prices shown.
Finally, the most probable outcomes for this experiments will be that the statics will show how the people interact with the variables and which of them generated more interest, that being either price or comfort. It will also show the behavior of the people when it comes to understand if the tend more to visit the web site at morning or afternoon.
Standard Oil
This was an American oil company that was into everything oil from refining to even the transportation, It was set up in 1870 by John D. Rockefeller as an organisation in the state of Ohio, it was the biggest oil refinery both home and abroad as at that time.
