Households use money on which of the following ways?  A) wages, saving, spending B) Public Goods and services, Private goods and Services, Spending C) Rent, Spending, Taxes D) Spending, taxes, saving

Q: State the sources of aggregate domestic savings.

A: Aggregate domestic savings are the difference between  GDP(Gross Domestic Product) and aggregate…

Q: lower interest rates are anticipated to have a positive impact on the economy a. Reduce your…

A: The amount of interest payable every period, expressed as a percentage of the amount loaned,…

Q: Using the following data, calculate public savings for a closed economy. Please round to 1 decimal…

A: Closed economy: - A closed economy is one that does not trade with the rest of the world, in other…

Q: The tables show the spending and revenue for Littleland in 2010. Use the tables and other…

A: Little land Borrow:Little land Borrow can be calculated as follows:

Q: What do you mean by Circular flow of physical goods and money income?

A: "The circular flow of physical goods and money income refers to the flow of money and goods among…

Q: Optimizing economic agents use the real interest rate when thinking about the economic costs and…

A: The real average savings rate = Nominal rate- rate of inflation   = 0.75-1.65%  = (-)0.9% If banks…

Q: Write brief notes ( on each of the following types of budgeting systems: 1) Cash budgeting 2) Medium…

A: Since you have asked multiple questions, we will answer the first-three parts for you. If you want…

Q: Study the following information and then answer the questions that follow $1,250 per week $1,100 per…

A: The gross monthly income is the total income received in a month by the individual. It excludes all…

Q: Circular flow of income. Explain: 1. Household 2. Leakages. 3. MPC

A: The circular flow of income, also known as circular flow, is an economic model in which important…

Q: When someone loses his job and has no income: His consumption becomes negative but his savings…

A: Saving is that part of consumer income which are not to be consumed. That is Saving = Income -…

Q: Is saving or spending better,and who is it better for?Explain

A: Saving is the amount that remains after deducting consumption amount from the income. Below is the…

Q: Q.7 TVC changes: (a) First increases at decreasing rate and then at increasing rate (b) It increases…

A: # During a given period of time, with the change in total production the change in expenses is…

Q: value of closing stock is $50 million and the value of opening stock is $25 million Find the value…

A: Given Information Value of closing stock = $50 millionValue of opening stock = $25 Million

Q: What is the value of Private Savings? What is the value of Public Savings? What is the value of…

A: The national savings are the sum of private savings and public savings of the country.

Q: Calculate personal Savings if :- Personal Consumption Expenditure = $9800 Personal disposable…

A: The data presented in the question above is:- Personal Consumption Expenditure = $9800   Personal…

Q: Calculate MPS if change in savings is $1300 and the change in income is $2300

A: The data presented in the question above is:- Change in savings = $1300 Change in income = $2300…

Q: What is ? 1-)Multiplier 2-)Budget Defict  3-)Barter System

A: 1) In simple words the multiplier effect is the corresponding amount of increase or decrease in…

Q: Name the two components of budget in an economy

A: In simple words we can say that the component of budget refers to the overall structure of the…

Q: Disposable Income ($) Consumption ($) 1,000 800 1,100 880 1,200 960 1,300 1,040 1,400 1,120

A: The disposable income is the portion of the income which is left after the deduction of the taxes.…

Q: See attached image.         Identify the value of savings in the economy What is the value of…

A: Circular flow of income describes the flow of income among the sectors. The sectors of the economy…

Q: a. Incomes and expenditures b. None of these c. Prices and incomes d. Expenditures and Prices e…

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first question for you. If…

Q: diways chat: Disposable Income = (Consumption + Savings, Consumption - Savings, or Savings -…

A: MPC and MPS are fundamentally important concepts in economics. Their magnitudes in particular…

Q: The withdrawal of income from circular flow of income example saving is known as _______

A: According to the given question The circular flow of income in an economy is a concept in the…

Q: Why is savings equal to investment

A: Saving is the portion is income that is not used in consumption and thus does not include in income…

Q: (a) Tangible items that can be bought and sold are called (b) intangible items that can be bought…

A: # First we must understand what are tangible and intangible assets.  Tangible is anything which is…

Q: explain the quotation. “Do not save what is left after spending, but spend what is left after…

A: The quote “Do not save what is left after spending, but spend what is left after saving.” is one of…

Q: Why is it important to follow the FIFO in doing and INVENTORY?

A: Both the raw materials utilised in manufacturing and the final commodities that are ready for sale…

Q: Describe the shapes of TP, MPL, and APL

A: During a given period of time, the total product refers to the entire amount (or volume) of output…

Q: How do households spend in economy?

A: The concept that depicts spending money in order to carry out various transactions in an economy is…

Q: I percent. It follows that Select one: O a. the dollar value of savings increased at 2 percent, and…

A: Inflation is the rate at which the value of a currency is falling and, consequently, the general…

Q: Define economy

A: Economics studies how resources are allocated in a manner that most of the human wants are met. A…

Q: Calculate the value of APS if savings is $990 and income is $2100

A: The information we have is as follows:- Savings = $990 Income = $2100 We have to calculate the value…

Q: GuideLine Saving National Income 1. Only one of the lines in this graph does not represent the…

A: Saving function shows the relationship between the Saving and income level. S = - C ¯ + bYwhere C¯…

Q: 1. Suppose you are given the following data: Government Purchases $ 6.0 billion Imports $ 0.3…

A: here we calculate the government public savings and value of household private savings by using the…

Q: 1. Would you consider spending to make a school or an office building earthquake-proof a good…

A: 1 In order to create the earthquake resistant in the building and the schools is to build an…

Q: find the value of the following accounts : 1- national savings ? 2- Business savings ? 3- Government…

A: Since you have asked multiple sub-parts but we can solve only first three parts for you if you want…

Q: a. For 2018, 2019, and 2020, determine the amount that a typical consumer pays each year to purchase…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Match the mathematical term with the correct definition. a.) Y-T-C O Public Savings Private Savings…

A: Private savings=Y-T-C  Public savings=T-G  National savings=Public savings+Private savings

Q: What would be the value of consumption if savings is $1300 and the value of Income is $2200.

A: Given data: Saving is $1300 Income is %2200

Q: Make sure to show your work to get credit. 1. Assume: Yd = $194,000 b = .90 a = $ 8,000 A)What is…

A: Yd = 194,000 b = 0.90 a = 8,000

Q: Change in savings is $2000 and change in income is $4300 Calculate MPS

A: The information being given is:- Change in Savings = $2000 Change in income = $4300 We have to…

Q: describe how mmt contribute to your understanding with specific examples

A: The economics as a study is based upon the idea that the societies, and the economies tend to have a…