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Ymorist [56]
2 years ago
12

If the mpc is .5 what is the least amount the government could cut taxes to close the gap

Mathematics
1 answer:
Sauron [17]2 years ago
8 0

The marginal propensity to consume is the proportion of an increase in income that is spent by the economic agent on consumption

<h3>What is MPC?</h3>

It should be noted that the marginal propensity to consume is the proportion of an aggregate raise in pay which a consumer spends on the consumption of goods and services.

It's a component of the Keynesian macroeconomic theory. It is calculated as the chnae in consumption over the change in income.

For example, let's say that the consumption increases by 70 cents for every additional dollar of income. This will be:

= 0.7/1

= 0.7

Note that an overview was given as the complete question wasn't found.

Learn more about MPC on:

brainly.com/question/20376297

#SPJ11

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If x^2 -7x=30 and x&gt;0, what is the value of x-5
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Answer:

5

Step-by-step explanation:

x^2-7x=30

x^2-7x-30=0

a = 1, b = -7, c = -30

sqrt(b^2-4ac)

sqrt(49+120)

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13

-b +/- 13

7 + 13 = 20

7 - 13 = -6

2a = 2

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we know x>0, so it cant be -3. so now its just 10 - 5

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Help quick! The table below shows the water temperature at certain depths of a lake. Using an logarithmic model, write an equati
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A wholesaler requires a minimum of 4 items in each order from its retail customers. The manager of one retail store is consideri
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Answer:

The 1st graph will be perfectly matching the conditions.

Step-by-step explanation:

A wholesaler requires a minimum of 4 items in each order from its retail customers.

The manager of one retail store is considering ordering a certain number of sofas, x and a certain number of pillows that come in pairs, y.

Therefore, for y = 0, x ≥ 4 and for x = 0, y ≥ 2 to make the order of 4 items or more.  

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