Business, 12.08.2020 08:01 yousifgorgees101
Suppose that when your income increases by $300, your consumption expenditures increases by $240.
Your marginal propensity to consume (MPC) is .
If your MPC was the same as the MPC for the economy as a whole, the expenditure multiplier for the economy would be .
Thus, a $4 million investment project would increase income by $ million in total.
Answers: 2
Business, 21.06.2019 16:00
Jodi is trying to save money for a down payment on a house. she invests $6,000 into an account paying 5.5% simple interest. for how long must she save if she needs $7,300 for the down payment? a. 2 years b. 3 years c. 4 years d. 5 years
Answers: 1
Business, 22.06.2019 22:40
Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.
Answers: 3
Business, 24.06.2019 02:00
This method of calculating gdp, which involves summing thevalue added at each stage of production , is called theexpenditure approach.
Answers: 1
Suppose that when your income increases by $300, your consumption expenditures increases by $240.
Y...
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