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
Nady [450]
1 year ago
11

disposable income (billions of dollars per year) total consumption (billions of dollars per year) $ 0 $ 50 200 210(table 9.1) wh

ich of the following represents the consumption function consistent with this data?
Business
1 answer:
katovenus [111]1 year ago
4 0

C = 50 + 0.8Y is the consumption function that is consistent with the provided data. The MPC is determined by subtracting the change in consumption from the change in disposable income, which equals 160/200, or 0.8.

Marginal propensity calculation.

$200 billion less $0 billion equals $200 billion in changes to disposable income.

Consumption change equals $210 minus $50, or $160 billion.

MPC = Change in Consumption/Change in Disposable Income, which equals $160 billion/$200 billion and is equal to 0.8.

There is a 0.8 marginal tendency to consume.

Step 2

This is how consumption function is defined.

C = a + bY

Where,

a = Consumption at zero income level

b = MPC

In given case,

$50 billion would be consumed at a level of income zero.

MPC is 0.8

So,

C = 50 + 0.8Y is the consumption function that matches the provided data.

To learn more about consumption function

brainly.com/question/14975005

#SPJ4

You might be interested in
Parties more interested in managerial accounting data than in financial accounting data include
zvonat [6]
<span>The phase of accounting that is concerned with providing information to managers for use within the organization.

</span><span>Production manager, VP of Business Planning, Controller</span>
8 0
3 years ago
A global recession might limit the benefits of diversifying your investments because:________
Natasha2012 [34]

A global recession might limit the benefits of diversifying your investments because most investments may perform poorly if all countries are in a recession

A prolonged period of worldwide economic contraction is referred to as a global recession. As a result of trade links and international financial systems, economic shocks and the effects of recession spread from one nation to the next, causing more or less synchronized recessions in many national economies.

A decline in global per capita gross domestic product (GDP) is one of the factors the International Monetary Fund (IMF) employs to identify global recessions. The IMF defines this decline in global output as having to occur at the same time as a deterioration of other macroeconomic indices, such as trade, capital flows, and employment.

Learn more about global recession here

brainly.com/question/12483358

#SPJ4

6 0
2 years ago
When applied in marketing settings, the 80–20 Rule usually accurately suggests [approximately] 80% of profits emanate from (abou
svet-max [94.6K]

Answer:

The Pareto principle

Explanation:

The Pareto principle asserts that 80 percent of output will come from 20 percent of inputs. In different words, 80 percent of the results will come from 20 percent of the action.  The Pareto principle is only an observation, not a law. The principle is applicable in business and almost all other disciplines.

In applying the Pareto principle, a business recognizes its best assets as uses efficiently to gain maximum value.  The principle observes that similar amounts of input will yield different outputs. For business, results will never be evenly distributed, hence the need to identify and appreciate the minority inputs that will produce the majority of results.

6 0
4 years ago
Which one of the following is a primary market transaction?
aleksandr82 [10.1K]

Answer:

B. a dealer buying newly-issued shares of stock from a corporation

Explanation:

Primary market transactions are IPOs or any other issuance of securities, e.g. bonds. A security is traded only once in a primary market, since after the security is issued for the first time, any other transection will be made on the secondary market. There is no physical difference between a primary or secondary market, e.g. the NYSE makes both primary and secondary transactions.

6 0
3 years ago
Before opening his own business, Tanaka was writing a
Len [333]

This document is known as Business plan. A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals.

<h3></h3><h3>What is business? </h3>

Business exists as the activity of creating one's living or earning money by producing or buying and selling products. It stands also for "any activity or enterprise joined into for profit.".

A business exists described as an organization or enterprising entity encountered in commercial, industrial, or professional activities. Businesses can be for-profit entities or non-profit organizations. Business classes range from limited liability businesses to sole proprietorships, corporations, and partnerships.

A business plan stands as a formal written document including the objectives of a business, the strategies for attaining those goals, and the time frame for the attainment of the goals. Good business plans should contain an executive resume and sections on products and services, marketing strategy and research, financial planning, and a budget.

A business plan stands as a very significant and strategic tool for entrepreneurs. A good business plan not only allows entrepreneurs to focus on the specific actions essential for them to create business concepts succeed, but it also enables them to achieve short-term and long-term purposes.

To learn more about Business refer to:

brainly.com/question/18307610

#SPJ9

4 0
2 years ago
Other questions:
  • One of the least desirable and routine tasks members of your team must do is taking minutes (notes) at team meetings. Proof that
    7·1 answer
  • Out of 150 math students, 86% passed. how many students passed math class?
    6·2 answers
  • In its first year, Raydine Inc. reported sales revenue of $1,300,000, net income of $200,000, and paid dividends of $26,000 on c
    5·1 answer
  • Why is it difficult to pay off debt and how can debt payments work against consumers?
    15·1 answer
  • You are browsing through job listings for global marketing-related jobs on Monster. One job catches your attention because it li
    12·1 answer
  • Which term describes the act of working from a home, remote, or mobile location while connecting into the employer's private net
    10·1 answer
  • Companies employing total quality management (TQM) programs know that Multiple Choice quality control should be incorporated onl
    8·1 answer
  • why is mutual fund investing a good idea for retirement, but not for your emergency fund or short-term savings?
    5·1 answer
  • The Fisher effect indicates that an increase in the expected inflation rate will cause the real rate of interest to:
    7·1 answer
  • during the __________ era, the prevalent business philosophy turned from an emphasis on production to an emphasis on advertising
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!