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Sergeu [11.5K]
1 year ago
13

When the mpc = 0.75, the desired tax cut for achieving a $300 billion fiscal stimulus is _____.

Business
1 answer:
Maru [420]1 year ago
6 0

Based on the marginal propensity to consume, the required tax cut to get a $300 billion stimulus is $400 billion.

<h3 /><h3>How much of a tax cut is needed?</h3>

This can be found by the formula:

= Required fiscal stimulus / Marginal propensity to consume

Solving gives:

= 300 / 0.75

= $400 billion

In conclusion $400 billion of tax cuts are needed.

Find out more on marginal propensity to consume at brainly.com/question/17930875.

#SPJ11

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The point on the business cycle where real GDP reaches its highest level is known as the________.
Alex73 [517]
The choices can be found elsewhere and as follows:

<span>a) Summit
b) Appogee
c) Peak
d) Maximoid 
</span>
I believe the correct answer is option D. The point on the business cycle where real GDP reaches its highest level is known as the Maximoid. Hope this answers the question. Have a nice day.
8 0
2 years ago
Identify the following as a fixed asset (FA), or intangible asset (IA), natural resource (NR), or none of these (N). a. Computer
julsineya [31]

Answer:

a. Computer - fixed asset

b. Patent - intangible asset

c. Oil reserve - natural resource

d. Goodwill - intangible asset

e. U. S. Treasury note - none of these (N)

f. Land used for employee parking - fixed asset

g. Gold mine - natural resource

Explanation:

Intangible assets are the assets of a company that cannot be seen or they are not physical in nature. They are usually difficult to evaluate. They include:

  1. Goodwill
  2. Patent
  3. Trademarks
  4. copyrights

a fixed asset is a long term tangible piece of property or equipment that a company has and uses it to generate income. they include plant, property and equipment.

A natural resource is a substance that occurs in nature that can be used to generate economic profit.

5 0
2 years ago
What are debit memoranda?
Kazeer [188]

Answer:

I believe the answer is reductions

Explanation:

The adjustments made to the account reduce the funds in the account but are made for specific purposes and used only for adjustments outside of any normal debits.

7 0
3 years ago
What will you need to create a lemonade stand?
ZanzabumX [31]

Answer:

um....

1. u need cups

2.  a container

3. a table

4. paper towels

5. duck tape to hold the stand and i guess the sign

6. a donation cup

7. ur costumers

4 0
3 years ago
Read 2 more answers
Every year managers are given targets for categorizing their employees’ performance at the end of the year. The managers are all
Alla [95]

Answer:

forced distribution

Explanation:

Forced distribution method is the oldest method used in various industries to evaluate the performance of any class of employees based on some standard norms as set by the company under this method.

It basically distributes each class of employee into category of management, lower, middle or upper.

This is forced because there is no change in such evaluation method, despite even the change in the company's working style is there.

But in the given instance the company has followed this forced distribution.

8 0
2 years ago
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