In a small, closed economy national income (GDP) is $250.00 million for the current quarter. Individuals have spent $150.00 million on the consumption of goods and services. They have paid a total of $25.00 million in taxes and the government has spent $25.00 million on goods and services this quarter. Use this information and the national income identity to answer the following questions.

1. How much does the economy spend on investment? Number million dollars
2. What is national saving in the economy? Number million dollars
3. How are investment and national saving related in an economy like this?

O National saving equals investment
O National saving is always less than investment.
O They are unrelated
O Investment is a component of national saving

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)