Answer and Explanation:
a. The computation is shown below;
As we know that
Y/G = 1 ÷ (1-MPC)
Here
Y = $300 billion,
MPC = 0.75
So,
300 ÷ G = 1 ÷ 0.25
G = $75
So the government should rise the spending by $75 in order to close out the recessionary gap
So, the government should increase the spending by $30 to close the recessionary gap.
1) Skills is the ability to listen.
2) Understand the mission and goals of their company and what their responsibilities are.
The channel of distribution consists of Marketing intermediates , who provide transportation and storage of goods as they are distributed from producers to ultimate consumers.
Is known as multiple- unit pricing.
