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
Bree Normandin
Success in writing necessitates a commitment to grammatical excellence, a profound knack to pursue information, and a staunch adherence to deadlines, and the requirements of the individual publication. My background comprises writing research projects, research meta-analyses, literature reviews, white paper reports, multimedia projects, reports for peer-reviewed journals, among others. I work efficiently, with ease and deliver high-quality outputs within the stipulated deadline. I am proficient in APA, MLA, and Harvard referencing styles. I have good taste in writing and reading. I understand that this is a long standing and coupled with excellent research skills, analysis, well-articulated expressions, teamwork, availability all summed up by patience and passion. I put primacy on client satisfaction to gain loyalty, and trust for future projects. As a detail-oriented researcher with extensive experience surpassing eight years crafting high-quality custom written essays and numerous academic publications, I am confident that I could considerably exceed your expectations for the role of a freelance academic writer.
5.00+
7+ Reviews
21+ 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...
-
Graph the sets of points whose polar coordinates satisfy the equations and inequalitie. = 2/3, r -2
-
Explain how we can use the constant growth DDM to estimate the cost of firms' internal common equity, as well as the cost of new common share issues.
-
A block of mass m = 1.62kg slides down a frictionless incline (Figure 2-A). The block is released a height h = 3.91, above the bottom of the loop. (a) What is the force of the inclined track on the...
-
Explain why an economys income must equal its expenditure.
-
Bradley goes into bankruptcy under Chapter 7 owing $5,000 as wages to his four employees. There is enough in his estate to pay all costs of administration and enough to pay his employees, but nothing...
-
On April 30 of the current year, her filing due date, Tiffany Hudson finds that she has a significant net tax owing. She will not be able to pay this until the beginning of July. She doesn't want to...
-
Consider a small country that exports steel. Suppose that a pro-trade government decides to subsidize the export of steel by paying a certain amount for each ton sold abroad. How does this export...
-
Which contributes more to GDPthe production of an economy car or the production of a luxury car? Why?
-
Use the Chain Rule combined with other differentiation rules to find the derivative of the following functions. y = (e x / x + 1) 8
-
The table below contains economic, financial, and business indicators from 2015: Forecasting the Pan-Pacific Pyramid: Australia, Japan, and the United States Unemployment Gross Domestic Product...
-
investigate at least six sources related to the current state of these major world issues 5 choices - such as - China USA trade war; Brexit aftermath; Russian invasion of Ukraine; Critical Supply...
-
Sterling Manufacturing is pursuing a bold plan to enhance growth of its watch manufacturing business. Management has a couple of financing issues that they need your help in assessing. Sterling's...
-
Problem 1: UC Company manufactures hooded jackets. During the year, it manufactured 250,000 jackets, using 2 hours of direct labor at a rate of Php8.50 per hour. The materials and labor standards for...
-
Espresso Express operates a number of espresso coffee stands in busy suburban malls. The fixed weekly expense of a coffee stand is $ 2 , 2 0 0 and the variable cost per cup of coffee served is $ 0 ....
-
A solid cube of silver (density = 10.5 g/cm3) has a mass of 90.0 g. (a) What is the resistance between opposite faces of the cube? (b) Assume each silver atom contributes one conduction electron....
-
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...
-
Suppose an economy is in long-run equilibrium. a. Use the model of aggregate demand and aggregate supply to illustrate the initial equilibrium (call it point A). Be sure to include both short-run and...
-
Suppose an economy is in long-run equilibrium. a. Use the model of aggregate demand and aggregate supply to illustrate the initial equilibrium (call it point A). Be sure to include both short-run and...
-
Suppose an economy is in long-run equilibrium. a. Use the model of aggregate demand and aggregate supply to illustrate the initial equilibrium (call it point A). Be sure to include both short-run and...
-
What is the disadvantage of transporting goods by truck? q , The cost of transportation is higher than with water or rail. Trucks are not reliable in meeting delivery schedules Trucks have a limited...
-
1.0 1. The basic WACC equation The calculation of WACC involves calculating the weighted average of the required rates of return on debt, preferred stock, and common ec the weights equal the...
-
4 4 grams of Bisphenol A diglycidyl ether ( DGEBA ) are to be reacted with Tris ( 2 aminoethyl ) amine ( " T 2 " ) such that a stoichiometric equivalent number of functional groups are present for...
Study smarter with the SolutionInn App