What determines consumption. Consider the consumption function: C = 600 + .9YD
Where C represents consumption and YD represents disposable income (i. e., Y – T). To begin, assume there is no government, investment, or foreign spending. Further, assume taxes are originally set to zero so YD and Y are equal.
Write a mathematical equation expressing Savings as a function of income. In other words, what is the savings function in this economy?

What is the equilibrium level of income and consumption in this economy?

How much savings occurs in this equilibrium?

Imagine that the citizens of this country impose an income tax of 10% on themselves. In other words, for each dollar of income earned, the citizens must pay 10 cents of it to the government before they can spend the remainder of their money. After imposing this tax, how what is the new value of income and consumption in this economy?

Identify the accounting assumption or principle that is described below. (a) select the accounting assumption or principle is the rationale for why plant assets are not reported at liquidation value. (note: do not use the historical cost principle.) (b) select the accounting assumption or principle indicates that personal and business record-keeping should be separately maintained. (c) select the accounting assumption or principle assumes that the dollar is the "measuring stick" used to report on financial performance. (d) select the accounting assumption or principle separates financial information into time periods for reporting purposes. (e) select the accounting assumption or principle measurement basis used when a reliable estimate of fair value is not available. (f) select the accounting assumption or principle dictates that companies should disclose all circumstances and events that make a difference to financial statement users.

John novosel was employed by nationwide insurance company for fifteen years. novosel had been a model employee and, at the time of discharge, was a district claims manager and a candidate for the position of division claims manager. during novosel's fifteenth year of employment, nationwide circulated a memorandum requesting the participation of all employees in an effort to lobby the pennsylvania state legislature for the passage of a certain bill before the body. novosel, who had privately indicated his disagreement with nationwide's political views, refused to lend his support to the lobby, and his employment with nationwide was terminated. novosel brought two separate claims against nationwide, arguing, first, that his discharge for refusing to lobby the state legislature on behalf of nationwide constituted the tort of wrongful discharge in that it was arbitrary, malicious, and contrary to public policy. novosel also contended that nationwide breached an implied contract guaranteeing continued employment so long as his job performance was satisfactory. what decision as to each claim?

You wants to open a saving account.which account will grow his money the most