subject
Business, 02.12.2019 23:31 naomicervero

Assume that marginal propensity to consume is 0.8 and potential output is $800 billion. if the actual real gdp is $700 billion, government spending by would bring the economy to potential output.

a. increasing; $20 billion
b. decreasing; $100 billion
c. increasing; $100 billion
d. increasing; $25 billion

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 09:00
You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer
Answers: 3
question
Business, 22.06.2019 12:40
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
Answers: 3
question
Business, 22.06.2019 21:10
Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is:
Answers: 3
question
Business, 23.06.2019 09:00
What is the definition of an entrepreneur
Answers: 2
You know the right answer?
Assume that marginal propensity to consume is 0.8 and potential output is $800 billion. if the actua...
Questions
Questions on the website: 13722363