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AlladinOne [14]
2 years ago
13

Assume that marginal propensity to consume is 0.8 and potential output is $800 billion. if the actual real gdp is $700 billion,

which policy would bring the economy to potential output?
Business
1 answer:
fenix001 [56]2 years ago
7 0

By assuming that marginal propensity to consume is 0.8 and potential output is $800 billion. if the actual real GDP is $700 billion, <u>Increase government spending by $20 billion</u> policy would bring the economy to potential output.

Marginal Propensity to Consume (MPC) is calculated using the formula MPC = C/Y, which divides consumption change by income change.

You must first determine the change in income and the ensuing change in spending in order to perform this calculation (consumption).

The computation would go as follows if a person's income rose by $5,000 and their expenses rose by $4,500:

MPC = 4,500/5,000. MPC equals.9, or 90%

To learn more about MPC here

brainly.com/question/2293060

#SPJ4

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The mars company's new topeka, kansas, manufacturing plant is the first new facility the company has opened in north america in
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A country has a population of 20,000 people and a GDP of 50 million dollars. What is the per capita GDP of the country?
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Answer:

<h2><em><u>$</u></em><em><u>250</u></em><em><u>0</u></em></h2>

Explanation:

<h3><em><u>Given</u></em><em><u>,</u></em></h3>

No. of peoples living in a country = <em>20,000</em>

GDP of the country is = 50 million dollars or<em> $50,000,000</em>

<h3><em><u>As</u></em><em><u> </u></em><em><u>we</u></em><em><u> </u></em><em><u>know</u></em><em><u>,</u></em></h3>

per \: capita \: gdp \:  =  \frac{country's \: total \: GDP }{country's \: total \: population}

<h3><em><u>Therefore</u></em><em><u>,</u></em><em><u> </u></em></h3>

The per capita GDP of the given country will be

= \frac{country's \: total \: GDP }{country's \: total \: population}

=  \frac{50,000,000}{20,000}

= $2500

<h3><em><u>Henceforth</u></em><em><u>,</u></em><em><u> </u></em></h3>

<em><u>The</u></em><em><u> </u></em><em><u>per</u></em><em><u> </u></em><em><u>capita</u></em><em><u> </u></em><em><u>GDP</u></em><em><u> </u></em><em><u>of</u></em><em><u> </u></em><em><u>the</u></em><em><u> </u></em><em><u>given</u></em><em><u> </u></em><em><u>country</u></em><em><u> </u></em><em><u>is</u></em><em><u> </u></em><em><u>$</u></em><em><u>250</u></em><em><u>0</u></em><em><u> </u></em><em><u>(</u></em><em><u>Ans</u></em><em><u>)</u></em>

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Answer: (A) Stakeholder

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 The stakeholder is refers to the person in an organization that basically helps in managing all the stake in business either in external or internal type.

The main responsibility of stakeholder is to managing the resources in an organization and managing all the investment related business approach and the supply chain.

 According to the given question, Vincent is the retired CEO of the company and he investing the capital in the startup company that helps in creating the software.

Therefore, The Vincent is basically refers to the startup firm's stakeholder.  

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Answer:

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Interest on promissory note = 10%

Explanation:

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