Suppose that in a closed economy GDP i equal to 5000 taves are equal to 1000. consumption in equal to 3000 and govermment expenditures are egial to 2000 Whut a privhe sid Oa 1500 14 1000 Oc s00 Od0 e 1000 Cear my choice

Q: Year End-of-Year Payment 1 2 3 4 5 $1400 a. $7616 b. $7660 c. $7212 d. $5995 $1320 $1240 $1190 $1000…

A: The given series can be represented by the following cash flow diagram:Future value: Future value is…

Q: On March 25, you borrow some money for 120 days.  What is the maturity date?

A: Remaining Number of Days in March - (31-25) = 6  Number of Days in April - 30 Number of Days in May…

Q: Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest.…

A: We know that the economic profit is the difference between the total sales revenue of output and the…

Q: You can afford a $350 per month car payment. You've found a 3 year loan at 6% interest. How big of a…

A: Monthly payment that can be affordable is equal to $350 So A=350 The rate of interest  is 6% per…

Q: You purchase a car today using a loan of $19000o APR 6%. plan is to pay during 5 years with equal…

A:

Q: You purchased a winning ticket for a $5 million lottery which pays $500,000 immediately and the rest…

A: Here in this question, To decide whether we have to go with the deal or not. We have to find the…

Q: Table 14-1: Monthly Payments to Amortize Principal and Interest per $1,000 Financed Monthly Payments…

A: Monthly PITI (Principal, interest, tax , insurance) = monthly PI + Monthly tax + monthly insurance…

Q: Find the future value and total interest of the annuity. ​(Round to the nearest cent as​ needed.)…

A: The measure that determines the value of the asset currently at a date in the future based on its…

Q: You are saving for the down payment on a house, so you put $1,000 in an account every 6 months. If…

A: An interest rate is charged on the borrowing money of consumers. It is charged by the lender of the…

Q: You need to save $12,000 in 5 years. Investment 1 is a simple interest investment with 3% annual…

A: Disclaimer: As pe the honour code, I am providing you with the answer to the first three subparts.…

Q: Transaction Description Previous balance, $2652.59 June 1 Billing date June 6 June 8 June 9 June 17…

A: The average balance is the balance on a credit or store account found in the middle value over a…

Q: 1) You have a goal of saving $1500 over 6 years. Assuming bank interest rates are 5%, What annual…

A: Here we calculate the annual deposit amount by the following method as follow;

Q: How much must be invested now at 6% simple interest to accumulate $1,000 at the end of 5 years?…

A: Information extracted in the question: Simple interest = 6% Future value = $1000 Time = 5 years

Q: CALCULATOR) Marianne wants to accumulate $140 000.00 in an RRSP by making annual contributions of…

A: Time required to pay back a borrowing is obtained using the formula: Future worth=P[(1+r)n-1](1+r)r,…

Q: You bought an antique car three years ago for $500 000. Today it is worth $650 000.(a) What annual…

A: Time (t =) 3 years;    Principle (P) = $500,000   Worth after 3 youlf x= $ 150,000

Q: A loan is repaid by making payments of $5000.00 at the end of every six months for fourteen years.…

A: Periodic payment (A) = $5000.00Length of each period = 6 months or half a year.Nominal rate of…

Q: jerry bought a house for $400,000 and made an $80,000 down payment. the rest of the cost was paid…

A: Jerry purchased a house for $400,000 with an $80,000 down payment and financed the remaining cost…

Q: To find the balance in the account at the end of the calendar year, we calculate the effective…

A: The cash Flow Diagram is given below

Q: hi the Rebate Fraction is incorrect

A: In this case, we have to discuss the rebate fraction. Rebate fraction is actually indicating the…

Q: ohn paid $500 per month for 20 years to pay off a mortgage on his house. If his down payment was…

A: Future value and present value are the economic terms that are used to determine the future or…

Q: Fir a $5,000 loan repayment over 2 years at 12%. Find the monthly payment

A: Introduction: The loan amount is $5000 which has to repay in 2 years by making monthly payments.…

Public Saving

Public saving deals with the amount which has been in excess after meeting all the obligatory expenses and investment of the government. Taxes are collected by the government to meet its day-to-day expenditures. The obligatory expenses include all those expenses which are mandatory for the government. It cannot be avoided as it is inevitable.