The value of public savings is 55
Public savings is government revenue less government spending. Government revenue source is usually taxes. Government spending includes transfer payments and amounts expended on public projects.
Public savings = taxes - transfer savings
78 - 23 = 55
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Answer:
Stereotype threat
Explanation:
Stereotype refers to preconceived perspective about a particular people or group. Stereotype threat, coined by Claude Steele and Joshua Aronson, refers to a way a person behaves that tend to confirms the negative stereotype about a particular race, gender and others. In Kristen's case the added stress generated by her anxiety about the Algebra II test as a result of the supposedly tough teacher coupled with the preconceived notion that girls are not good in math may lead to her actually failing the test or performing badly. If this feeling were to be removed she may not actually fail or perform poorly in the exam.
Answer:
Administrative Cost
Explanation:
Administrative cost refers to the cost used in directing and controlling a firm, corporation or organisation. These cost includes salary and wages of employee, insurance, depreciation, postage, stationery, rent, etc.
It is sometimes refers to as general cost. It is used in the day to day running of the business, but not directly attributable to any production process. These cost can not be categorized as either financing or distribution cost. Hence, it falls under administrative cost.
Answer:
D. deposits made by its customers but not reserves
Explanation:
According to the conceptual framework of the International Financial Reporting Standards (IFRS), a liability is an obligation, a present obligation as a result of past transaction, the settlement of which future economic benefits are expected to flow out from the entity or result in a reduction in the assets of the entity.
The focus is on the word 'obligation'.
As such, when customers make deposit in a bank, the obligation (liability) of the bank increases as the funds deposited remain that of the customer and the bank is obliged to pay the customer whenever the customer demands the funds.
The bank usually sends the customer a credit alert which is a snapshot of the banks position with the customer. This credit alert tells the customer that the liability of the bank has increased as a result of the deposit made by the customer.
A reserve on the other hand, is a retention of profit from previous financial periods. A reserve is usually added under capital in the statement of financial position as an increase in equity, thus a reserve is not a liability.
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Answer:
b. the US Dollar
Explanation:
The Bretton Woods Agreement was done in July 1944. It had delegates from 44 countries. The conference held in Bretton Woods, which is in New Hampshire. Hence it got the name, the Bretton Woods Agreement.
Under this system, gold was used as an exchange basis for the United States currency and the currency of other countries were pegged to the value of the dollar of the United States. The Bretton Woods System finally came to an end during the early 1970s as the President Richard M. Nixon made an announcement that their would be no more gold exchange for the US dollars.
