Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jan 07, 2021

In any economy as a whole, the actual savings for a given period of time must ________ the actual investments. a. be greater than. b.

In any economy as a whole, the actual savings for a given period of time must ________ the actual investments.

a. be greater than.

b. be unrelated to.

c. equal.

d. be less than.

Step by Step Solution

★★★★★

3.47 Rating (154 Votes )

There are 3 Steps involved in it

Step: 1

cEqual Saving equals investment is a key macroeconomic accounting identity Savings by definition equ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles of Economics

Authors: N. Gregory Mankiw

8th edition

1305585127, 978-1305971493, 978-1337516860, 1337516864, 978-0357539200, 978-1305585126

More Books

Students also viewed these Accounting questions

Question

★★★★★

Some economists believe that the U.S. economy as a whole can be modeled with the following production function, called the Cobb-Douglas production function: Y = AK1/3L2/3, where Y is the amount of...

Answered: 1 week ago

Question

★★★★★

The two vectors d and b in Fig. 3-30 have equal magnitudes of 10.0 m and the angles ate 1 = 30o and 2 = l05o. Find the (a) x and (b) y components of their vector sum r, (c) The magnitude of r, and...

Answered: 1 week ago

Question

★★★★★

Actual revenues are greater than budgeted for December, so our revenue variance is favorable. Give an example of when this would be good news and when it could be bad news.

Answered: 1 week ago

Question

★★★★★

Read Exhibit 10.6 carefully and answer the following question: Can a free-market system be trusted to effectively address the global concern in biodiversity loss? Why or why not? Exhibit 10.6 EXHIBIT...

Answered: 1 week ago

Question

★★★★★

Using grid lengths of Problem 20.28 and grid azimuths from Problem 20.29, calculate departures and latitudes, linear misclosure and relative precision for the traverse. In Problem 20.28 AB = 501.92,...

Answered: 1 week ago

Question

★★★★★

Determine the missing data in these court decisions and rulings. a. Higgins v. Comm., 312 U.S.______ (1941). b. Talen v. U.S., 355 F.Supp.2d 22 (D.Ct. D.C., ______). c. Rev.Rul. 2008-18, 2008-13...

Answered: 1 week ago

Question

★★★★★

=+b) What are the advantages of this model compared to the previous model with four predictors?

Answered: 1 week ago

Question

★★★★★

Effective financial statement analysis requires an understanding of a firms economic characteristics. The relations between various financial statement items provide evidence of many of these...

Answered: 1 week ago

Question

★★★★★

Balmforth Products, Inc. makes and sells a single product called Bik. It takes two yards of Material A to make one unit of Bik. Budgeted production of Biks for the five months of next year is as...

Answered: 1 week ago

Question

★★★★★

After the success of the company's first two months, Santana Rey continues to operate Business Solutions. The November 30, 2021, unadjusted trial balance of Business Solutions (reflecting its...

Answered: 1 week ago

Question

★★★★★

Analysts use various models for valuing companies. (a) One method is to take recent earnings and assume they grow by a fixed rate. How would you use this information to value the firm? For this...

Answered: 1 week ago

Question

★★★★★

Vignette Assumption When completing the vignettes, there is a vignette assumption. That is, when reading assume that a full assessment has been done and no mention means 'no evidence'. This is the...

Answered: 1 week ago

Question

★★★★★

1. The following diagram shows a glancing collision of mass 1 and mass 2. Assume that the masses are the same and the surface has no friction. Before Collision After Collision horizontal Mass 2 axis...

Answered: 1 week ago

Question

★★★★★

Name 3 things that Pals restaurant did that made them a unique fast food restaurant.

Answered: 1 week ago

Question

★★★★★

Lippman Company is evaluating a proposal to purchase a new piece of equipment. The cost of the equipment would be $65,325 and the company expects the investment would generate annual cash flows of...

Answered: 1 week ago

Question

★★★★★

4.28. (a) Let x(t) have the Fourier transform X(jw), and let p(t) be periodic with funda- mental frequency wo and Fourier series representation p(t)=aef 8118 Determine an expression for the Fourier...

Answered: 1 week ago

Question

★★★★★

The price of a ten-year semi-annual pay bond with a par value of $1,000 and a 7 percent annual coupon and yield to maturity of 8.25 percent is closest to: 949.60 900.23 1051.48 915.99

Answered: 1 week ago

Question

★★★★★

At 31 December 20X9, the end of the annual reporting period, the accounts of Huron Company showed the following: a. Sales revenue for 20X9, $ 2,950,000, of which one- quarter was on credit. b....

Answered: 1 week ago

Question

★★★★★

Fredo loves watching Downton Abbey on his local public TV station, but he never sends any money to support the station during its fund-raising drives. a. What name do economists have for people like...

Answered: 1 week ago

Question

★★★★★

Jacob buys only milk and cookies. a. In year 1, Jacob earns $100, milk costs $2 per quart, and cookies cost $4 per dozen. Draw Jacob's budget constraint. b. Now suppose that all prices increase by 10...

Answered: 1 week ago

Question

★★★★★

Fill in the blanks: Real GDP (in 2000 dollars) 3,000 5,000 Nominal GDP (in current dollars) 1,200 GDP Deflator (base year 2000) Year 1970 1980 1990 2000 2010 202010,000 2030 20,000 60 6,000 8,000...

Answered: 1 week ago

Question

★★★★★

1.15. You have data for a population, from a census. Explain why descriptive statistics are helpful but inferential statistics are not needed.

Answered: 1 week ago

Question

★★★★★

47. Consider a situation in which you and a friend both must choose a number from the two numbers 1 and 2. The relevant payoffs are as follows: If you choose 1 and he chooses 1, If you choose 1 and...

Answered: 1 week ago

Question

★★★★★

1.11. The "Student survey" data file at definitely yes, probably yes, probably not, and www.siat.ufl.edu/~aa/social/data.hlml showsresponses of a class ofsocialscience graduate students at the...

Answered: 1 week ago

Previous Question Next Question