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dexar [7]
1 year ago
11

If real gdp is $200 billion, full employment gdp is $400 billion, and the marginal propensity to consume is 0.75, then congress

should:_____.
Business
1 answer:
madreJ [45]1 year ago
3 0

If real GDP is $200 billion, full employment GDP is $400 billion, and the marginal propensity to consume is 0.75, then Congress should-----

increase government purchases by spending by $50 billion.

What is marginal propensity?

In economics, the marginal propensity to consume (MPC) is defined as the proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it.

Full employment:

is an economic situation in which all available labor resources are being used in the most efficient way possible. Full employment embodies the highest amount of skilled and unskilled labor that can be employed within an economy at any given time.

Learn more about real GDP:

brainly.com/question/24156212

#SPJ4

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A beneficiary acquired stock from a decedent. The stock's fair market value at the date of the decedent's death was $500,000. Th
Ivanshal [37]

Answer:

Beneficiary recognized gain is $510000.

Explanation:

The amount paid by the decedent for the stock = $280000

The market value of the stock at the time of death = $500000

The selling price or the amount received by the beneficiary by the sell of stock = $510000

Since the recognized gain is calculated by subtracting the amount paid by the person to buy the stock from the amount that he receives from the sale of stock. But in this case, the beneficiary pays zero for the stock but gets all the money after selling.

Beneficiary recognized gain = amount received from the sell – the amount paid by the beneficiary.

= $510000 – 0

= $510000

7 0
3 years ago
Suppose Marco is willing to tutor for $15 an hour. On Tuesday, he will tutor Kelly for 1 hour and Mike for 3 hours. Kelly will p
grandymaker [24]

Answer:

Total producer surplus= $30

Explanation:

Producer surplus is the difference between the price a seller is willing to sell and the market price or actual price at which the item is bought. The producer surplus is the additional benefit the seller gets from a sale.

Consumer surplus= Market price - Price seller is willing to sell for

Marco is willing to sell at $15 hour

Kelly is willing to pay $30 per hour

Mike is willing to pay $20 per hour

Surplus from Kelly= 30- 15= $15

Surplus from Mike= 20- 15= $5

Total producer surplus= ($15*1 hour) + ($5 *3 hours)

Total producer surplus= 15 + 15= $30

3 0
2 years ago
Which if the following would be debited to the equipment account
kozerog [31]
I think the answer is a

4 0
3 years ago
Read 2 more answers
240 individuals are recruited in this trial, and the new treatment is effective on 60 of them. What is the p-value associated wi
larisa [96]

Answer:

Explanation:

Experiments were performed for 240 people, 60 people test positive.

Step 1: we calculate the sample proportion; p= 60/240= 0.25.

Step 2: calculate the standard error for the sample, which is the square root of sample proportion,p = p(1-p)/n, n=100

0.25(1-0.25)/100

= 0.04.

Step 3: calculate the test statistics; assuming the hypothesis test percentage is 25%

Then, we say 0.25-1=0.75

-0.75/0.04

= -1.875.

In particular, the sample results are -1.875 standard error.

Probability of Z is less than -1.875.

Look up it value in the Z table

3 0
3 years ago
FitterYou Inc., a company that manufactures health products, hosts an event at a local hotel to generate potential customers. Th
Nastasia [14]

By inviting over 120 prospects to the event through direct mails, then the company that manufactures the health products is using a <u>seminar</u> to  generate sales leads.

<h3 />

What is a sales seminar?

Generally, a sales seminar are organized by company to persuade clients or train its employee on how to sell its products.

In conclusion, the company that manufactures the health products is using a <u>seminar</u> to  generate sales leads.

Read more about sales seminar

<em>brainly.com/question/23714927</em>

3 0
2 years ago
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