No worries I did them myself just want to make sure I certain of what I am doing
ID: 1249732 • Letter: N
Question
No worries I did them myself just want to make sure I certain of what I am doing.1)A high demand for a company’s stock is an indication that..
a) the company is in need of funds.
b)the company has recently sold a large quantity of bonds.
c)people are optimistic about the company’s future.
d)people are pessimistic about the company’s future
my answer for 1 is (c)
2)Suppose that in a closed economy GDP is equal to 11,000, taxes are equal to 1,500, consumption equals 7,500, and government purchases equal 2,000. What is national saving? (Points : 1)
a) -500
b) 0
c) 1,500
d) None of the above is correct.
MY answers is (d)
Explanation / Answer
private saving: Y-T-C= 11000-1500-7500= 2000 public saving: T-G= 1500-2000 = -500 national saving: private saving + public saving = 1500 Unless I did something wrong? Other looks good.
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