Answer:
$998 billion
Explanation:
National savings is the sum of private savings and public savings and it is also calculated by deducting consumption and government spending from gross domestic product (GDP).
National savings = Gross domestic product - consumption - Government purchases
= $6,178 billion - $4,366 billion - $814 billion
= $998 billion
Answer: produce the socially optimum amount of education
Explanation:
Spillover benefits simply refers to the free benefits which are gotten by third parties due to the actions of other people.
In this case, because education has spillover benefits, the private market will produce the socially optimum amount of education. This is the equilibrium achieved based on the spillover effects from the education.
The output level that reflects all the costs and benefits associated with a transaction i.e. it is the equilibrium that would be achieved if the market outcome reflects the effect of externalities.
.....................................................A
Answer:
d. To find a project's IRR, we must solve for the discount rate that causes the PV of the inflows to equal the PV of the project's costs
Explanation:
The internal rate of return, will be the rate at which the net present value of a project is zero.
net present value = present value fo the cash inflow - investment
using the IRR on the cash inflow we have a present value equal to the investment made, which makes the net present value equal to zero.
Therefore, the IRR is the maximun rate the project can yield
Answer:
World Trade Organization (WTO)
Explanation:
The World Trade Organization was formed on the 1st of January, 1995 to ensure free trade among member countries. It is made up of 164 member countries. It is also saddled with the responsibility of policing the world trading systems and also ensuring that member states stick to the rules in the trade deals signed by them. The World Trade Organization can also punish countries by imposing trade sanctions if they fail to respect the laid down rules.
The World Trade Organization (WTO) is currently headed by Roberto Azevedo, a Brazilian.