Explain why an economys income must equal its expenditure.
Question:
Explain why an economy’s income must equal its expenditure.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Answered By
Yomna omer
I started my own tutoring business a year and a half ago, it went great at first but i'm seeking to expand myself more
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
1.You are the manager of a firm that sells a "commodity" in a market that resembles perfect competition, and your cost function is C(Q)=2Q+3Q2C(Q)=2Q+3Q2. Unfortunately, due to production lags, you...
-
(Short-Answer and Algebraic Questions): (The numbers in square brackets give the breakdown of the points for various parts of each question. please explain your answers.) 1. This questions is based...
-
a) Elucidate how an economy's income must always equal its expenditure. b) Assume a hypothetical economy that produces only one good - Peanut Butter. In year 1, the quantity produced is 4 packs and...
-
Give the numerical coefficient and the degree of each term. 2
-
Refer to the information in problem 32. Determine Marlee's income tax liability for 2016.
-
A plane light wave with wavelength = 0.70m falls normally on the base of a biprism made of glass (n = 1.520) with refracting angle = 5.0. Behind the biprism (Fig. 5.15) there is a plane-parallel...
-
Explain why an economys income must equal its expenditure.
-
Biotechtron, Inc., has two research laboratories in the Midwest, one in Tulsa, Oklahoma, and one in Ames, Iowa. The owner of Biotechtron centralized the legal services function in the Tulsa office,...
-
What is true about the below schematic? a . q l is unreachable state b . The machine can be implemented using a combinational logic circuit c . The machine has no outputs d . 9 2 and 9 3 are...
-
Assume the United States is an importer of televisions and there are no trade restrictions. U.S. consumers buy 1 million televisions per year, of which 400,000 are produced domestically and 600,000...
-
Which contributes more to GDPthe production of an economy car or the production of a luxury car? Why?
-
Construct a frequency distribution of the 20 brain volumes (cm3) listed below. (These volumes are from Data Set 6 of Appendix B.) Use the classes 900999, 10001099, and so on. 1005 963 1035 1027 1281...
-
Name Mech HW-79 1. Consider the four block-and-spring(s) systems shown at right. Each block moves on a horizontal, frictionless table. The blocks all ha Case A springs are iden I have the same mass...
-
What basic/fundamental need must the CIFFA forwarder identify and take into account before offering a transport alternative? Question 3 options: Safety and security of the cargo Reasonable...
-
In recent years, the number of Americans who never marry has Multiple choice question. decreased. not changed. increased
-
When is it not acceptable to apply the auditing standards of another country or the International Standards on Auditing (ISAs)? The auditor is a licensed expert of those standards. The auditor uses...
-
Resistance is a deleterious force in therapy and must be confronted in the first session true or false
-
A string of length L consists of two sections. The left half has mass per unit length = 0/2, while the right has a mass per unit length = 3 = 30/2. Tension in the string is T0. Notice from the data...
-
6 (a) Briefly develop a mathematical model of the behaviour of a copper-twisted pair cable (b) Derive the magnetic energy from: w given that: K + w, where the - - k symbols have their usual meaning...
-
Describe supply and demand in the market for loanable funds and the market for foreign currency exchange. How are these markets linked?
-
Why are budget deficits and trade deficits sometimes called the twin deficits?
-
Suppose that a textile workers union encourages people to buy only American-made clothes. What would this policy do to the trade balance and the real exchange rate? What is the impact on the textile...
-
Kokomochi is considering the launch of an advertising campaign for its latest dessert product, the Mini Mochi Munch. Kokomochi plans to spend $ 6 . 1 million on TV , radio, and print advertising this...
-
The current price of a stock is $18. In 1 year, the price will be either $24 or $16. The annual risk-free rate is 4%. Find the price of a call option on the stock that has a strike price of $19 and...
-
Consider the following information: State of Economy Probability of State of Economy Rate of Return if State Occurs Stock A Stock B Recession .20 .03 .23 Normal .60 .08 .15 Boom .20 .12 .32 Calculate...
Study smarter with the SolutionInn App