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Kitty [74]
2 years ago
14

a. Suppose the marginal propensity to consume (MPC) for a nation is 0.67. What is the tax multiplier for this nation

Business
1 answer:
algol [13]2 years ago
7 0

Assuming the marginal propensity to consume (MPC) for a nation is 0.67. The tax multiplier for this nation is: 2.03.

<h3>Tax multiplier</h3>

Using this formula

Tax multiplier=-MPC/1-MPC

Where:

Marginal propensity to consume (MPC)=0.67

Let plug in the formula

Tax multiplier=0.67/1-0.67

Tax multiplier=0.67/0.33

Tax muitiplier=2.03

Inconclusion the tax multiplier for this nation is: 2.03.

Learn more about  tax multiplier here:brainly.com/question/16965373

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Sound Company reported the following amounts for May: Raw materials purchased $254,000 Beginning raw materials inventory 12,000
Alchen [17]

Answer:

The answer is $254,100

Explanation:

$254,100.

We begin by summing the Beginning raw materials inventory of $ 12,000 with the Raw materials purchased 254,000

12,000 + 254000

= Materials available = $266,000

Less ending raw materials inventory 7,900

Less indirect materials used 4,000

7,900 + 4000

=11,900

We have to subtract 11,900 from 266,000

= 266000 - 11900

=$254,100

Direct materials used in production

$254,100

3 0
3 years ago
Laurie owns a Pluto X20 convertible. She has owned several other Pluto cars over the years. She has even convinced several famil
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Answer:

Correct option is A.

Explanation:

Laurie's engagement with Pluto automobiles best illustrates <u>brand loyalty.</u>

Brand loyalty is defined as positive feelings towards a brand and dedication to purchase the same product or service repeatedly now and in the future from the same brand, regardless of a competitor's actions or changes in the environment.

Same is the case with Laurie, even she had a bad experience at the dealership even then she decide to buy a Pluto Y20 for her daughter.

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3 years ago
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I’m gonna say this one is true.
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3 years ago
You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of
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Answer:

You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of  your balance will remain?

The percent balance will remain 90%

Explanation:

$1725.25 - $167.50= $1557.75

percentage left= 1557.75/1725.25 X 100

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Jessica is a U.S. Army Reservist and in 2019 traveled 130 miles each way to serve duty at a local military installation. She was
faust18 [17]

Answer:

Jessica's for AGI deduction for these costs is:

b. $14.00.

Explanation:

The aggregate gross income (AGI) can be defined as the total amount of income that an individual earns and is used in calculating the amount of income tax that an individual is liable to pay. The AGI can be expressed as follows;

AGI=T×N×W

where;

AGI=aggregate gross income

T=toll amount per way

N=number of times she reported

W=number of way

In our case;

AGI=unknown, to be determined

T=$1.75

N=4

W=2

Replacing;

AGI=(1.75×4×2)=$14.00

Jessica's for AGI deduction for these costs is:

b. $14.00.

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3 years ago
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