1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
wo firms, A and B, each currently emit 100 tons of chemicals into the air. The government has decided to reduce the pollution an
almond37 [142]

Answer:

Firm A will buy all of the firm B's pollution permits. Each one will cost between $100 and $200.

Explanation:

The firm B will gain from the trade of pollution permits. Firm A will need higher pollution permits since it emits 100 tons of chemicals into air and the cost for eliminating each ton is $200. This cost is higher than the cost to Firm B which is $100 only. Firm A will buy all the pollution permits from Firm B and there will advantage for the Firm B to gain from the trade.

3 0
3 years ago
A company is formulating its marketing expense budget for the last quarter of the year. Sales in units for the third quarter amo
iren2701 [21]

Answer:

a. $29,496

b. $21,996

Explanation:

a. The Computation of budgeted marketing expense for the fourth quarter is shown below:-

Sales units                                                            2,640

(2400 × 110%)

Variable marketing expenses per unit sold $0.15

Total Variable marketing expenses                 $396

Fixed Marketing expenses                                    $18,000

Salaries ($6,000 × 3)

Depreciation ($2,500 × 3)                                      $7,500

Insurance ($1,200 × 3)                                            $3,600

Total Fixed marketing expenses                            $29,100

Budgeted marketing expense

for the fourth quarter                                           $29,496

b. Estimated cash payment for marketing expenses for the fourth quarter = Budgeted marketing expense for the fourth quarter - Depreciation

= $29,496 - $$7500

= $21,996

7 0
3 years ago
Ellen offers to sell her math textbook to Julia for $50. Julia does not respond. Ellen and Julia do not have a contract because
Firlakuza [10]
The answer should be c͟o͟m͟m͟u͟n͟i͟c͟a͟t͟i͟o͟n͟, but this question seems a bit vague.
6 0
3 years ago
Solve the following problems. Ginny Jones receives $624 gross salary biweekly. Her income tax rate is 14%. Her group health plan
yaroslaw [1]

Answer:

take home pay $457.20

$30.78 from the raise

Explanation:

5 0
3 years ago
Located at Monsanto's world headquarters, the Nidus Center is a unique ___________ facility. The tenants are biotechnology compa
den301095 [7]

Answer:

Located at the Monsanto's world headquarters, the Nidus Center is a unique Non-profit Incubator facility.

Explanation:

Mosanto was founded in 1901 as an agrochemicals and agricultural biotechnology corporation.

The Nidus Center, on the Monsanto campus, 893 N. Warson Road, is funded by Monsanto but governed by an independent board.

The Nidus Center for Scientific Enterprise, a nonprofit incubator for plant and life sciences companies, secured its first start-up business known as GenChemiCs.

GenChemiCs, which designs and improves chemical compounds using cutting-edge, computer-based technologies, moved in March 2000. It was founded by University of Missouri-St. Louis Professor William Welsh, who is a Professor of Chemistry.

The start-up also does business with a number of large companies, including Monsanto, Mallinckrodt, Searle and London-based AstraZeneca.

8 0
3 years ago
Other questions:
  • Compare and contrast John Keats’s “To Autumn” and Susan Hartley Swett’s “July.” In your response, make sure you include the answ
    12·1 answer
  • Which of the following is a characteristic of a perpetual inventory system?
    12·1 answer
  • Why do interest inventories compare your interests with the interests of others?
    8·2 answers
  • The law of diminishing marginal utility
    14·1 answer
  • What does this sign mean?
    14·1 answer
  • At a price of $200, a cell phone company manufactures 100000 phones. At a price of $300, the company produces 300000 phones. Wha
    5·1 answer
  • Ms. Anderson has $60,000 income this year and $40,000 next year. The market interest rate is 10 percentper year. Suppose Ms. And
    14·1 answer
  • The owner of a condominium hired a cleaning and junk removal service to clean his condominium after he moved. The parties agreed
    6·1 answer
  • Company X has 2 million shares of common stock outstanding with a book value of $2 per share. The stock trades for $3 per share.
    7·1 answer
  • What is a dishonoured cheque​
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!