In a closed economy, the values for gdp, consumption spending, investment spending, transfer payments, and taxes are as follows:
y = $ trillion
c = $88 trillion
i = $22 trillion
tr = $11 trillion
t = $22 trillion

using the information above, what is the value of private saving and public saving?

a. private saving equal $9 trillion and public saving equal $ 3 trillion.
b. private saving equal $1 trillion and public saving equal $ 2 trillion.
c. private saving equal $2 trillion and public saving equal $ 1 trillion.
d private saving equal $3 trillion and public saving equal $ 9 trillion.

Abenefit of using a debit or credit card instead of cash is that it provides a paper record of a purchase. looking at the purchases below, which one should be made using a credit or a debit card?

You manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. the rate on treasury bills is 6%. your client chooses to invest $60,000 of her portfolio in your equity fund and $40,000 in a t-bill money market fund. what is the expected return and standard deviation of return on your client’s portfolio?

Nichols inc. manufactures remote controls. currently the company uses a plantminuswide rate for allocating manufacturing overhead. the plant manager is considering switchingminusover to abc costing system and has asked the accounting department to identify the primary production activities and their cost drivers which are as follows: activities cost driver allocation rate material handling number of parts $5 per part assembly labor hours $20 per hour inspection time at inspection station $10 per minute the current traditional cost method allocates overhead based on direct manufacturing labor hours using a rate of $20 per labor hour. what are the indirect manufacturing costs per remote control assuming an method is used and a batch of 10 remote controls are produced? the batch requires 100 parts, 5 direct manufacturing labor hours, and 3 minutes of inspection time.