Social characters might be a real person, a made up person, or even a mascot that represents the

GDP is $12 trillion this year in a closed economy. Consumption is $8 trillion and government spending is $2 trillion. Taxes are

Cloud [144]

Answer:

$2 trillion

Explanation:

In a closed economy GDP is $12 trillion

Consumption is $8 trillion

Government spending is $2 trillion

Taxes is $0.5 trillion

Therefore the investment spending can be calculated as follows

= $12 trillion - $8trillion-$2trillion

= $2 trillion

Hence investment spending is $2 trillion

8 0

2 years ago

What is the pattern of 0.03 , 0.3 , 3 , 30

scoundrel [369]

The answer would be 300

4 0

3 years ago

Read 2 more answers

The graph represents the supply and demand curve for chocolates in the economy. Identify the price and quantity at which there w

Zielflug [23.3K]

Answer:

Equilibrium Price - 3

Equilibrium Quantity - 3

Explanation:

The price at which there will be equilibrium in the chocolate market is 3 units while the corresponding quantity is also 3 units.

The equilibrium price and quantity represents the price and quantity where the demand for a product is equal to the supply for the same product respectively.

In the graph, the point of intersection of the demand and the supply curve represents the equilibrium point. At this point, the price on the Y axis is 3 units while the corresponding quantity on the X axis is also 3 units.

3 0

2 years ago

1. Bankruptcy law is primarily state law. a. True b. False 2. The government is given the power to establish bankruptcy laws in

exis [7]

Answer:

1. Bankruptcy law is primarily state law. b. False

2. The federal  government is given the power to establish bankruptcy laws in Article I, Section 8 of the  U.S constitution. The purpose of bankruptcy law is to protect the  debtor  by giving him or her a fresh start and to ensure equitable treatment of the creditors.

Fill in the blanks with words that would best complete the passage.

equitable federal debtor perfect state assets state constitutions creditors U.S. Constitution

3. Bankruptcy proceedings are held in  federal bankrupcy courts.

4. Title 11 of the United States Code contains the Bankruptcy Code.

5. The Bankruptcy Code has several chapters. Chapter 7 provides for liquidation proceedings, Chapter  11 governs reorganizations, and Chapter 13 provides for an adjustment of debts for individuals with regular income.

6. In order to obtain bankruptcy relief a debtor must be insolvent, or unable to pay his debts. b. False

7. Consumer-debtors are those whose debts result from the purchase of goods for personal use. The Bankruptcy Code requires that court clerks provide additional information to consumer-debtors when they file for bankruptcy.

8 0

3 years ago

I have an interview on Thursday how do i answer the question “ Tell me about yourself” and “ Why do you want to work here”

omeli [17]

I see this job as a opportunity to contribute to an forward thinking industry. I feel that that my skills would be something great to share with the team .

4 0

3 years ago