Assume that Rabbit Republic is a closed economy. This economy is characterized by: GDP = $120,000; consumption = $75,000; taxes = $10,000; government purchases = $10,000

If the government increases government purchases to $14,000, and GDP, consumption, and taxes are the same; then, .

Group of answer choices

national saving falls, but private saving is unchanged

national saving is unchanged, but private saving falls

both national saving and private saving falls

national saving rises and private saving falls

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above