Tax multiplier amount = -9.00.Real GDP changed or increased by $9 billion. Less than $1 billion in spending would be required by the government. The explanation is that the tax multiplier's absolute value is bigger than the expenditure multiplier's absolute value, which is 10.
MPC = 1 - 0.90 = 0.10 MPS = Marginal Propensity to Save = 1 MPC = 1 - 0.90 = 0.10
As a result, we have:
The tax multiplier is equal to MPC / MPS, which is 0.90 / 0.10, or -9.00.Reduced tax X=-$1 billion
Tax multiplier equals -9.00.
Amount of change or growth in real GDP equals a decrease in taxes, multiplied by a -$1 tax multiplier.Multiplier for expenses = 1/ MPS = 1/ 0.10 = 10Real GDP growth is equal to the change in government spending multiplied by the expenditure multiplier (1). Solve for by substituting the appropriate values into equation (1). Government spending has changed.We possess.Change in government spending of $9 billion $9 billion / 10 = $0.90 billion in changes to government spending in one year.Given that the expenditure multiplier produced a change in government spending of $0.90 billion, this suggests that less than $1 billion in expenditures would be required.
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Answer:A$460 loss
Explanation:
The value of the $ compare to LCU has fallen by $0.02 ( 1.08 to $1.10)
multiply by LCU $23000
Answer:
ugg
Explanation:
serious answer
get a job
not serious answer
eat a raccoon from the trash
How they spend their time would depend on what is on the estate. If it was a farm, or ranch then they would probably be supervising the agricultural work being done on it or managing the cattle or sheep, say. If it was a resort, then they would be busy attending to the needs of their guests for food, accommodation and recreation.
The formula used to determine free cash flow is cash from operations minus capital expenditures.
