Macro - 2725 Words

macro ch 13 savings investment True/False Indicate whether the statement is true or false. ____ 1. Most entrepreneurs finance their purchases of real capital using their past saving. ____ 2. To state that national saving is equal to investment, for a closed economy, is to state an accounting identity. ____ 3. Public saving is equal to national saving minus private saving. ____ 4. To state that public saving is equal to investment, for a closed economy, is to state an accounting identity. ____ 5. Suppose a small closed economy has GDP of $5 billion, consumption of $3 billion, and government expenditures of $1 billion. Then investment and national saving are both $1 billion. ____ 6. The ratio of government debt to GDP†¦show more content†¦The primary advantage of mutual funds is that they a.|always make a return that beats the market.| b.|allow people with small amounts of money to diversify.| c.|provide customers with a medium of exchange.| d.|All of the above are correct.| ____ 18. According to the definitions of national saving and public saving, if Y, C, and G remained the same, an increase in taxes would a.|raise national saving and public saving.| b.|raise national saving and raise public saving.| c.|leave national saving and public saving unchanged.| d.|leave national saving unchanged and raise public saving.| ____ 19. Suppose that in a closed economy GDP is equal to 11,000, taxes are equal to 2,500, consumption equals 7,000, and government purchases equal 3,000. What are private saving and public saving? a.|1,500 and -500, respectively| b.|1,500 and 500, respectively| c.|1,000 and -500, respectively| d.|1,000 and 500, respectively| ____ 20. Suppose the economy is closed and consumption is 6,500, taxes are 1,500, and government purchases are 2,000. If national saving amounts to 1,000, then what is GDP? a.|9,500| b.|10,000| c.|10,500| d.|None of the above is correct.| ____ 21. For an imaginary closed economy, T = $5,000; S = $11,000; C = $50,000; and the government is running a budget deficit of $1,000. Then a.|private saving = $10,000 and GDP = $54,000.| b.|private saving = $10,000 and GDP = $58,000.| c.|private saving = $12,000 and GDPShow MoreRelatedEssay about Macro Photography: Special Techniques539 Words   |  3 PagesWhat is Macro photography: Macro photography is an image where the subject ranges from 1:10 to 1:1 the size of the original subject. Many macro photographs focus on very small objects like insects and technology. Composition Techniques: Basic composition techniques play a vital role in macro photography. The execution of these techniques can make or break your photo. Lighting can be used to highlight the center of interest and add depth to your photo. Depth of Field or Selective Focus aids in eliminatingRead MoreAnalysis Of The Book Street Photography 1403 Words   |  6 PagesTheme #8: Macro This week, we’re going flex our macro photography muscles, and judging by the some of the shots I came across while curating images for this post—we’re all in for a treat. I have a good feeling our community members are going to really ace this challenge Let’s see what you got! The rules to enter are the same as always, just create a blog post with your shots and add the tag #weeklytheme7. You can also add the weeklytheme7 to existing posts if you already have some sweet macro shots youRead MoreMicro System Is An Individual (Kirst-Ashman Karen K.,1145 Words   |  5 Pagesthat I am in; I have found that people tend to stick together if they have commonality or same mind settings, like the same goals or desires to fulfill a part of them. Macro system is any system larger than a small group. 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The most significant difference between the two methods is the time consumption, as the macros perform theRead MoreMacro Environment1130 Words   |  5 PagesQ.1) Explain How Macro Environmental Factor Affect International Business Product With An Example. There are many factors in the macro-environment that will affect the decisions of the managers of any organization. Tax changes, new laws, trade barriers, demographic change and government policy changes are all examples of macro change. To help analyze these factors managers can categories them using the PESTEL model. This classification distinguishes between: Political factors: These refer toRead MoreMacro Environment1114 Words   |  5 Pagesdivided into two sections that are External environment and Internal environment. And the external environment also divided into two parts, which are Macro environment and Micro environment. But in this section, I just discuss about Macro environment. 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Define micro and macro economics, Distinguish between them, and explain the scope, importance and its limitations Ans. modern economy analysis has been divided into two major branches that is micro and macro economics. Micro economics means the economics system which deals individual economics unit on the other hand macro economics means the economics unit which deals aggregate as a whole that is national income, general employment, and total out –put, general price level etc. These two