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Consumption, Investment, Government spending, and Net Taxes
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∙ 13y ago
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What is the lorenz curve and what dose is suggest about the distribution of income on the us?
the Lorenz curve is the curve that illustrates income distribution, the curve states that there is a big income gap between Americans for many reasons: differences in skills and education, inheritances, and field of work. the wealthiest fifth Americans households earned nearly as much income as the four- fifths combined.
What are the four determinants of aggregate demand?
They are : desired spending, autonomous consumption,induced consumption and desired private consumption.
Give examples of each of the 4 types of aggregate expenditure Which of the 4 represent the largest share of GDP in Australia Can any of the expenditure components ever be negative Explain?
The four components of aggregate expenditure are: consumption- household spending on durable and non durable goods and services, such as necessities like health care, food etc. (60% of total spending) Investment- Business expenditure on new capital equipment which will go on to produce final goods and services in the future. Eg. tools, sewing machines, aircrafts, factories. (15-20% of total spending) Government- current expenditure that provides for day to day functions of government. - Also includes capital expenditure to provide for future needs e.g. schools, roads, power etc. (20-25% of total spending) Net Exports- the value of goods and services sold to overseas companies, minus the value of goods and services bought from overseas.( +1 ~ -1% of total spending) Aggregate expenditure can be expressed by an equation that involves these four components. AE= C (consumption) + I ( investment) + G (government) + (X-M) (Net exports)
What are the four basic types of economic systems?
markets
The four types of categorical claims include?
A, e, i, o
Graphic illustrations which exactly represent the four standard-form categorical claim types?
Venn diagram
One of the types of shots in bowling?
The first 4 strikes in a row have been given the name 'hambone' (unofficially of course!)
Discuss and explain the four types of organigraphs that help represent our organizations Give an example of each type and identify which of them is implemented in your company?
Discuss_and_explain_the_four_types_of_organigraphs_that_help_represent_our_organizations_Give_an_example_of_each_type_and_identify_which_of_them_is_implemented_in_your_company
What does the digit four represent in 124.1?
Digit four represents ones.
How many curved edges does an oval have?
Four curve's,no edges.
What does the star represent for Brigadier General?
Four
What does 4 represent in 12.946?
Four hundredths.
What does FOUR dots together represent in Morse Code?
four dots is H
Four different types of mineral fractures?
four types of mineral fracture
Four bytes can represtent a decimal number between 0 and?
Four bytes represent 32 bits. 32 bits represent 4,294,967,296 possibilities.
Describe and tell the four types of tourists?
describe and tell the four types of tourist?
Name four different types of olives?
name four different types of olives?
