Why does Y C G = S in a simple, closed economy?

Question:

Why does Y – C – G = S in a simple, closed economy?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

See More Books

Question Posted: Jan 20, 2023 01:37 AM

See More Questions

A simple closed economy has the technology matrix A. Find the total outputs of the four sectors of the economy. Ag S F H 0.25 0.25 0.3 0.1 Agriculture 0.3 0.25 0.2 0.4 Steel A = 0.15 0.2 0.1 0.3 Fuel...
Why must the national income of a closed economy equal the national expenditures of that economy? What separates the two concepts in an open economy?
A closed economy is described as follows: In this economy, the government always has a balanced budget, so T = G, where T is total taxes collected. a. Suppose that M = 4320 and G = 150. Use the...
Partners have fiduciary obligations to each other. Explain what this means and give examples.
Consider the following data. a. Construct a dot plot. b. Construct a frequency distribution. c. Construct a percent frequency distribution. 8.9 10.2 5 7.8 10.0 12.2 13.5 4 0.0 12.2 6.8 9.5 115 11.2...
Using the C APM, what would the expected rate of return for a stock with a beta of 1.3 be when the risk-free rate is 4 percent and the expected market risk premium is 5 percent? a. 5.3% b. 8.6% c....
What are the risks that firms face in global sourcing? LO.1
Apollonia Dental Services is part of an HMO that operates in a large metropolitan area. Currently, Apollonia has its own dental laboratory to produce two varieties of porcelain crowns all porcelain...
Transactions during June at Water World include the following: 1 . During June, seasonal plants and paint costs $ 1 , 5 0 0 , 0 0 0 paid in cash. ( Hint: use maintenance expense. ) 2 . Season passes...
If almost all investors expected the profits of a company to jump sharply, would that make purchasing the stock today unusually profitable?
If you believed a companys profitability was about to jump sharply, would you rather own bonds, preferred stock, or common stock in that company?
What can external users learn from analyzing a company's liquidity?
If f ( x ) = - 6 x ^ 2 sin ( 3 x ) + 4 x cos ( 3 x ) what if f ' ( x ) ?
What is deformation?
What is a switched capacitor circuit?How do we design a switched capacitor circuit?
What is meant by wavelet fault diagnosis of an induction motor?
How do we design an electromagnetic relay?
Light from a laboratory sodium lamp has two strong yellow components at 589.592 3 nm and 588.995 3 nm. How far apart in the first-order spectrum will these two lines be on a screen 1.00 m from a...
Ex. (17): the vector field F = x i-zj + yz k is defined over the volume of the cuboid given by 0x a,0 y b, 0zc, enclosing the surface S. Evaluate the surface integral ff, F. ds?
Briefly discuss whether you would rather live in the United States of 1900 with an income of $1 million per year or the United States of 2018 with an income of $50,000 per year. Assume that the...
As discussed in this chapter, real GDP per capita in the United States grew from about $6,000 in 1900 to about $51,500 in 2016, which represents an average annual growth rate of 1.9 percent. If the...
In a column on bloomberg.com, Noah Smith noted that people who work at a computer have many ways to slack off or waste timeposting to Facebook, Twitter, or Instagram; watching YouTube videos; or...
Problem 12.6A (Algo) Liquidation of a partnership LO P5 Kendra, Cogley, and Mel share income and loss in a 3.21 ratio (in ratio form: Kendra, 3/6: Cogley, 2/6; and Mel, 1/6), The partners have...
Melody Property Limited owns a right to use land together with a building from 2000 to 2046, and the carrying amount of the property was $5 million with a revaluation surplus of $2 million at the end...
Famas Llamas has a weighted average cost of capital of 9.1 percent. The companys cost of equity is 12.6 percent, and its cost of debt is 7.2 percent. The tax rate is 25 percent. What is the companys...

Why does Y C G = S in a simple, closed economy?

Question:

Step by Step Answer:

Y C G is what is left over from incom...View the full answer

Exploring Economics

Students also viewed these Business questions