Saving money is a(n) ____________________, because it involves less consumption in the present, but the ability to consume more in the future. Group of answer choices budget constraint intertemporal choice risk premium opportunity cost
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- Budgeting and financial management are at the core of economic and public sector program in most nation. The Malaysian government budget theme for 2019 is "Credible Malaysian,dynamic economy, prosperous rakyat", focuses on institutional reforms,the people's wellbeing and promotion of entrepreneurial culture. (a) There are FOUR (4) types of budgeting system in public sector. Explain. i) Modified Budgeting System (MBB) ii) Traditional Budgeting System (TBS) iii) Outcome Based Budgeting (OBB) iv) Program and Performance Budgeting System (PPBS) (b) Analyze the advantages and disadvantages of the above FOUR (4) budgeting systems. (c) The Malaysian government aims to reduce the deficit in budget due to expenditure commitment by the previous administration (Star, 2 Nov 2018). Recommend THREE (3) initiatives to the government on how to tackle the problem.Multiple choice: Which one of the following statements is FALSE? a) There are four broad groups of decision‐making units in the economy: households, firms, government and the foreign sector; (b) Savings are an important injection into the circular flow of income and spending in the economy; (c) Taxes are a leakage or withdrawal from the flow of income and spending in the economy; (d) Spending by households on consumer goods and services is called consumption spending.Fill in the blanks with the options provided. (1) When saving is negative, the excess of consumption over disposable income must be financed by _____________________. Economic Production is an activity that is (2) _________________________. 1a Acquiring more assets 1b Incurring Liabilities 1c Reducing capital transfers 2a carried out under the control of an institutional unit 2b the value resulting from gross output less intermediate costs.
- Firms raise capital by: Select one: a. Selling stock (equity) b. Issuing bonds or taking out loans (debt) c. Using retained earnings (a form of equity) d. All points mentionedoption for blank #1: current and future government spending are, only future spending is, current and future consumer spending are, only current spending is option fo blank #2: taxes, consumption option fo blank #3: an equal and opposite, an equal option fo blank #4: taxes, consumption option fo blank #5: real GDP, unemployement rate, real interest rate option fo blank #6: consumption of individuals, government spendingLower capital gains taxes and incentives for Individual Retirement Accounts tend to a) increase the savings rate and have no impact on the productive capacity b) increase the savings rate and increase the productive capacity c) decrease the savings rate and decrease the overall productive capacity d) decrease the investment in human capital and reduce the productive capacity e) increase the savings rate but not the overall productive capacity
- Scenario: The bill includes $130 billion to allow for a return to full-time, in-person teaching at K-12 schools. assistance to small busines, landlords and renters: 30 Billion Obomacare Expansion: 34.2 Billion Child Tax Credit Boost: 110 Billion Vaccine Distribution: 160 Billion school credit: 1 Billion Coronavirus Preparedness and response supplemental appropriation act: 8.3 Billion Families first coronavirus reposne act 225 billion paycheck protection program: 483 Billion Consolidated appropriations act: 920 Billion So we just had one of biggest (if not THE biggest) actions of Fiscal Policy. Now using the Agg Model, you will explain what is happening now... Now please graph what that anticipated impacts of the Biden Covid bill on the Agg Economy. Please label both axis, insert AD (AD-2), draw the initial LRAS (as LRAS-1) and SRAS (as SRAS-1) (ie before the pandemic) and the initial equilibrium/expansion/recession (Real GDP-1). Then draw a new the new graphs that you represent…Scenario: The bill includes $130 billion to allow for a return to full-time, in-person teaching at K-12 schools. assistance to small busines, landlords and renters: 30 Billion Obomacare Expansion: 34.2 Billion Child Tax Credit Boost: 110 Billion Vaccine Distribution: 160 Billion school credit: 1 Billion Coronavirus Preparedness and response supplemental appropriation act: 8.3 Billion Families first coronavirus reposne act 225 billion paycheck protection program: 483 Billion Consolidated appropriations act: 920 Billion So we just had one of biggest (if not THE biggest) actions of Fiscal Policy. Now using the Agg Model, you will explain what is happening now... Question: Now describe the anticipated impacts of the Biden Covid Bill. Remember, the focus is only on one side of the equation: is it Agg. Demand or Agg Supply? Please be specific with provisions in the bill and anticipated impacts on the economy (affecting C, G, Net X or I).If household savings is negative then national savings a.must increase to preserve living standards. b.must also be negative. c.could still be positive. d.will be insufficient to fund investment.
- The opportunity cost of receiving RM10 in the future as opposed to getting that RM10 today is (choose the correct answer) a. the foregone interest that could be earned if you had the money today. b. the taxes paid on any earnings. c. the value of $10 relative to the total income of that person. d. the value of $10 relative to the total income of all persons.A decrease in the full-employment budget surplus will Multiple Choice a) consumption b) decrease saving c) increase national income d) decrease national income e) decrease investmentWhich of the following would not be on the statement of cash flows? Group of answer choices Cash flows from investing activities. Cash flows from financing activities. Cash flows from operating activities. Cash flows from contingent activities.