Answer:
The objective function is to minimize cost thru use of linear programming
Explanation:
A craftsman named William Barnes builds two kinds of birdhouses, one for wrens and a second for bluebirds. Each wren birdhouse takes 4 hours of labor and 4 units of lumber. Each bluebird house requires 2 hours of labor and 12 units of lumber. The craftsman has available 72 hours of labor and 120 units of lumber. Wren houses yield a profit of $ 10 each and bluebird houses yield a profit of $ 15 each. The aim of the objective function for William should be to ▼ Minimize Maximize the objective value.
The objective function is to minimize cost thru use of linear programming
 
        
             
        
        
        
Answer:
4
Explanation:
Formula:  1 / Reserve money ratio   ->    1 / 0.25 = 4
 
        
             
        
        
        
Answer: Option (C) is correct.
Explanation:
National Savings is divided into two parts, private savings and public savings.
Private Savings = GDP - Taxes + Transfer payments - Consumption Spending
                          = Y - T + TR - C
                          = 12 - 3 + 2 - 9
                           = $ 2 trillion
Public Savings  = Taxes - Government Spending - Transfer payments
                            = 3 - 0 - 2
                            = $1 trillion
∴ Option (C) is correct.  
Private saving = $2 trillion and public saving = $1 trillion.