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frutty [35]
3 years ago
12

A. by how much will gdp change if firms increase their investment by $11 billion and the mpc is 0.9?

Business
1 answer:
Sliva [168]3 years ago
6 0

Answer:

The answer is <u>"$110 billion".</u>

Explanation:

Firms increase their investment by $11 billion

mpc = 0.9

gdp = ?

To find the gdp, first we have to find expenditure multiplier;

we will find that by using the formula;

expenditure multiplier = 1/(1-0.9) = 1/0.1 = 10

Now gdp = 10 x $11 billion

= $110 billion

Thus the <u>gdp is $110 billion.</u>

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Answer:

no.

Explanation:

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2 years ago
Banks Company sold merchandise on account for $35,000 with terms 2/10, n/30. The cost of goods sold was $27,600. If the invoice
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Answer:

The amount of cash received by Banks Company is $34,300

Explanation:

The computation of the cash received by the bank company is shown below:

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3 0
3 years ago
the accounts receivable account has a total debit postings of 1900 and credit postings of 1100.The balance of the account is a/a
hram777 [196]

Answer:

$800 Debit.

Step by step explanation:  

We have been given that the accounts receivable account has a total debit postings of 1900 and credit postings of 1100.

Since debit postings are more than credit postings, so the balance of the account will be debit.

Let us find how many debit postings will be in the balance of account by subtracting 1100 from 1900.

\text{The balance of the account}=1900-1100

\text{The balance of the account}=800

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likelihood that disputes will arise under their contract is reduced.

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