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Anika [276]
3 years ago
15

Solve the problem.

Business
1 answer:
bearhunter [10]3 years ago
5 0

Answer:

Your answer is given below:

Explanation:

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Suppose that investment is $130 billion, saving is $110 billion, government expenditure on good and services is $120 billion, ex
Natali5045456 [20]

The amount of tax revenue is $130 billion and teh governemnt budget balance is negative 10 billion

<u>Explanation:</u>

We are given

I = 130 billion, S = 110 billion, G = 120 billion, X = 210 billion and M = 220 billion, we need to derive tax revenue = T??

At equilibrium; S+T +M = I+X+G or

110 + T + 220 = 130 + 210 + 120 or  

T + 330 = 460, implies tax revenue (T) = $130 billion

the government budget is calculated as follows:

Government budget = G-T = 120 minus 130 = -10 billion

6 0
2 years ago
Which of the following 2 goods would most likely experience the law of increasing opportunity cost?
inn [45]
The correct answer would be A
8 0
3 years ago
Read 2 more answers
Understanding a target customer base allows a company to
Sever21 [200]
B is the answer.

Hope this helps.
6 0
3 years ago
Read 2 more answers
A U.S.-based importer, Zarb Inc., makes a purchase of crystal glassware from a firm in Switzerland for 39,960 Swiss francs, or $
IRINA_888 [86]

Answer:

e. $638

Explanation:

payment to be made as per forward contract (IN $)

= 39960/ 1.682  

= $23757.43  

now the actual rate after 90 days is 1.638

payment at 1.638 rate = 39960/ 1.638

                                    = $24395.6  

loss by hedging = $24395.6 - $23757.43  

                           = $638.17

Therefore, The U.S. firm have saved or lost $638 in U.S. dollars by hedging its exchange rate exposure.

4 0
2 years ago
Adams Company has employed a bookkeeper who is inexperienced. On December 28, after reviewing the records for the year, you disc
adell [148]

Answer:

                                      Debit                  Credit

Trade payable                 $300

Cash                                                           $300                              

Explanation:

First we have to reverse the wrong journal entry which has been made by the inexperienced bookkeeper in the Adams Company accounts:

                                      Debit                  Credit

Trade payable                 $300

Cash                                                           $300                              

Now we have to record the correct journal entry in the accounts of Adam Company in respect of account settlement with supplier which is given as follow:

                                      Debit                  Credit

Trade payable                 $300

Cash                                                           $300                              

6 0
3 years ago
Read 2 more answers
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