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Answer:
inaccessibility exception
Explanation:
https://quizlet.com/205638479/b-law-ch-32-flash-cards/
Answer:
A. Nominal income adjusted for inflation.
Explanation:
Real income is simply the amount usually in monetary terms a person, enterprise or others makes after accounting for inflation. It is also called real wage that is an individual's income.
Real income are also defined as Income that is adjusted to inflation.
Nominal income are defined as income not adjusted to inflation.
Answer:B. Substitutes
Explanation: Substitute is a term used to describe a possible replacement,which is capable of executing similar task,meet the same needs and are closely related with similar characteristics.
Substitute leadership is a type of leadership where another leader or department can effectively executive or carry out the activities of another leader or department as effective and efficient as it can be done by the original person or department.
Answer: See explanation
Explanation:
The increase in income for Spendia will be:
= 1 / (1 - MPC)
where MPC = 0.8
= 1 / (1 - 0.8)
= 1 / 0.2
= 5
Increase in income = Gross investment × multiplier
= $100 × 5
= $500 million
The increase in income for Savia will be:
= 1 / (1 - MPC)
where MPC = 0.5
= 1 / (1 - 0.5)
= 1 / 0.5
= 2
Increase in income = Gross investment × multiplier
= $100 × 2
= $200 million