Question
1. John is a researcher at a university, and after he paid taxes, his income and interest from financial assets was $55,000 in 2013. At
1. John is a researcher at a university, and after he paid taxes, his income and interest from financial assets was $55,000 in 2013. At the beginning of 2013, he owned $3,000 worth of financial assets. At the end of 2013, John's financial assets were worth $5,000. a. How much did John save during 2013? b. How much did John spend on consumption goods and services? 2.
Gunvor Becomes Major Winner in Rosneft Oil Tender Trading house Gunvor is among the winners of a large Rosneft tender. Gunvor would lift up to 400,000 tonnes of Russian Urals crude per month from the Baltic Sea port of Primorsk in April-September.
On a graph show the effect on gunvor going to the loanable funds market to finance its operations. Explain the effect on the real interest rate, private saving and investment
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