Consider the following data for a closed economy:
Y = $11 Trillion
C = $8 Trillion
I...
Business, 21.07.2020 20:01 Redhead667
Consider the following data for a closed economy:
Y = $11 Trillion
C = $8 Trillion
I = $2 Trillion
TR = $1 Trillion
T= $3 Trillion
Use these data to calculate the following:
a. Private saving
b. Public saving
c. Goverment purchases
d. The goverment budget deficit or budget surplus
Answers: 2
Business, 21.06.2019 21:00, northpolea
Suppose that kenji, an economist from an am talk radio program, and lucia, an economist from a school of industrial relations, are arguing over health insurance. the following dialogue shows an excerpt from their debate: lucia: a popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. kenji: i think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. lucia: i disagree. i think government funding of health insurance is useful to ensure basic fairness. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? lawyers make up an excessive percentage of elected officials. minimum wage laws do more to harm low-skilled workers than them. tariffs and import quotas generally reduce economic welfare.
Answers: 3
Business, 21.06.2019 21:40, brooket30057
Morgana company identifies three activities in its manufacturing process: machine setups, machining, and inspections. estimated annual overhead cost for each activity is $168,000, $315,900, an $97,200, respectively. the cost driver for each activity and the expected annual usage are number of setups 2,100, machine hours 24,300, and number of inspections 1,800. compute the overhead rate for each activity. machine setups $ per setup machining $ per machine hour inspections $ per inspection
Answers: 1
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