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3 years ago

In a closed economy, what remains after paying for consumption and government purchases is:________

Business

1 answer:

natta225 [31]3 years ago

5 0

Answer: d. national saving.

Explanation:

In a closed economy, GDP is calculated by adding Consumption, Investment and Government purchases. The investment in this instance can be thought of as National Saving.

National saving is the difference between the income in the country and the consumption and government purchases. It represent what households and the government save up from their income sources which can be used for investment.

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Two friends, rachel and joey, enjoy baking bread and making apple pies. rachel takes two hours to bake 1 loaf of bread and one h

alisha [4.7K]

Joey's opportunity cost of baking 1 loaf of bread is 1 pie or 4 hours of time due to the fact that it takes Joey the same amount of time to bake 1 loaf of bread as it does to bake 1 pie.

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4 years ago

Carefully examine the example problem statement and select which criteria listed below have been met.

Angelina_Jolie [31]

Answer:

Criteria 2: The magnitude or impact of the problem is clear.

Explanation:

The problem is well defined in the statement given above. Cryptocurrency is one of the latest investment opportunity for the investors. It is a digital asset which is traded online with different investors. It is used to trade online where physical transfer of cash takes much time or is not possible at all. The magnitude and impact of cryptocurrency is well defined.

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3 years ago

The Stinson family owns a farm. Three alternatives exist for how to use the farm: a) Grow wheat. Wheat yield would be 70 bu/acre

Lesechka [4]

Answer:

Following are the solution to the given questions:

Explanation:

Please find the complete question in the attached file.

In this question, the Stinsons would prefer the most profitable alternative

Formula:

$Profit = Income - Costs = (price \times amount) - Costs \ of \ production$

In point A:

$\to Profit = (70 \times \$3.5) - \$140$

$= \$245 - \$140\\\\ = \$105 \ / \ acre$

In point B:

$\to Profit = (50 \times \$2.5) - \$150$

$= \$125 - \$150\\\\ = - \$25 \ / \ acre \ (Loss)$

In point C:

$\to Profit = \$80 - \$35=\$45 \ / \ acre$

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3 years ago

Mr. Cooper would like to customize his Excel software so his students can create an electronic graph in Excel for their lab repo

rusak2 [61]

Mr. Cooper would like to customize his Excel software so his students can create an electronic graph in Excel for their lab reports. Which process would best help the students locate the chart tools options? Adding the Chart Tools options as a main tab. I would add this option versus create a graph template because the tool will allow more customization for the students to have. If they go off of a template, they likely won't know how to edit the graph template and they will all look the same.

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3 years ago

Carlos is a salesperson for an industrial equipment company. Carlos calls on manufacturers and spends most of his time talking w

Andru [333]

Answer:

The correct answer is letter "A": Determining other purchase decision influencers.

Explanation:

While engaging prospective buyers into a purchase, salespeople should be aware of what the consumer is looking for. Different consumers have different preferences such as price, brand, quality, technical features, or useful life. Then, once the purchase decision influencer has been identified, clerks must focus on that characteristic to attempt closing the sale.

Thus, Carlos must review his sales speech and pay special attention to what customers are looking for to determine which purchase decision influencer they are related to.

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3 years ago