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ipn [44]
1 year ago
5

The consumption function shows how an increase in ______ influences ______. a. income; households' aggregate planned expenditure

Business
1 answer:
77julia77 [94]1 year ago
3 0

The consumption function shows how an increase in Disposable income influences consumption expenditure.

Consumption expenditure:

  • Consumer spending, often known as personal consumption expenditures (PCE), is the amount spent by or on behalf of US citizens on products and services. BEA releases annual, quarterly, and monthly estimates of consumer expenditure on a nationwide scale. recently released.
  • C = c+bY is described by the consumption function equation. The value of total consumption will rise if the value of (By) is higher. It clearly states that if income rises, expenses must follow like. We must take into account the fact that the pace of income growth exceeds the rate of expenditure growth.
  • Consumption examples include getting a new pair of shoes, a hamburger at a fast food joint, or services like having your house cleaned. Additionally, the term "consumer spending" is frequently used.

Learn more about consumption expenditure here brainly.com/question/14315731

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The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations.
guajiro [1.7K]

Answer:

Net account receivable

2021 $8,085

2022 $5,335

Explanation:

Calculation for the net account receivable

2021 2022

Total account receivable 14,700 9,700

(33,200-18,500=14,700)

(48,200-38,500=9,700)

Less: Allowance for doubtful accounts (6,615) (4,365)

(45%*14,700=6,615)

(45%*9,700=4,365)

Net account receivable 8,085 5,335

(14,700-6,615=8,085)

(9,700-4,365=5,335)

Therefore Net account receivable will be :

2021 $8,085

2022 $5,335

6 0
3 years ago
A taxpayer understated the tax liability by $10,000. The total tax liability was $50,000. No disclosure of the return position w
posledela

Answer:

2,000

Explanation:

To calculate how much of an accuracy related penalty the tax payer will be assessed, we use the following method.

3 0
3 years ago
A worksheet contains sales dollars for agents with your company. The values are $1,250, $1,090, $985, $985, $880, $756, $675, $6
ivolga24 [154]

Answer:We use the Large Function. the general formula is  =LARGE(first cell:last cell,3) .Please refer to the explanation section for details

Explanation:

Let us assume

A 1 = $1,250,  A 2 = $1,090, A 3 = $985, A 4 = $985, A 5 = $880, A 6 = $756, A 7 = $675, A 78= $650, and A 9 =$600

Using the Large function on excel to return the third largest value, on the formula bar we have the following formula;

=LARGE(A1:A2,3)

7 0
3 years ago
What happens when the price of a good increases
swat32

Answer:

the value of good increases (goes up)

3 0
3 years ago
A poll asked adults in a certain country whether immigration was a good thing or a bad thing for the country. out of 10871087 ​r
Lubov Fominskaja [6]
A

395395/10871087 x 100%= 3.64% of people said it was a good thing
7 0
3 years ago
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