Answer:
0.2
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
Marginal propensity to consume is the proportion of disposable income that is spent on consumption
Marginal propensity to consume = amount consumed / disposable income
Marginal propensity to save is the proportion of disposable income that is saved
Marginal propensity to save = amount saved / disposable income
MPC + MPS = 1
MPC = $14 billion / $70 billion = 0.2
Answer:
his supervisor
Explanation:
A supervisor is a person who supervises an activity or a work. His main job is to monitor the work and see that the work is down smoothly and is completed on time. He also manages his workers to do the job effectively. He acts like a boss to the other employees who are subordinate to the supervisor.
In the context, Grady who works at a fast food restaurant, once notice that one of his co-worker is giving some free food to his friend. So Grady who did not what to do and act in such a time, decided to follow the example of his supervisor and dealt with the situation as the supervisor would deal.
Answer:
Consumer surplus must rise
Explanation:
Remember, the Price ceiling is removed in a competitive market when there is a struggle to get many consumers.
If however the market price is not allowed to rise to the equilibrium level, quantity demanded would exceed quantity supplied, creating a shortage.
For example, several firms sells apple fruit at a price ceiling of $5, when the price ceiling is removed in this competitive market we would expect the firms to lower the price they sell their apples inorder to get more customers.
Answer:
Please see answer in the explanation below
Explanation:
Commodity money can be defined as money that its value comes from the commodity with which it was made. That is, commodity money is money that is gotten as a result of the material from which the money was made. Examples of these materials are silver, gold, etc. These materials have intrinsic value on their own as the materials have a worth of their own before being used to make currency.
Fiat money on the other hand is defined as money that is declared as the legal tender by the government. That means that fiat money is the money that is acceptable as a medium of exchange for goods and services as issued by the government. Fiat money does not have intrinsic value.
Cheers.
Bob inspires his employees to follow a vision, facilitates change, and creates a strongly positive climate, all while stressing performance. Bob has helped to create a(n) caring/civilized culture.
Explanation:
- Bob inspires his employees to follow a vision, facilitates change, and creates a strongly positive climate, all while stressing performance. Bob has helped to create a(n) caring/civilized culture.
- Developing a caring culture
- Be optimistic and upfront to your goals.
- Focus on strengths, not weaknesses
- It’s the result of deliberate executive that promotes a civilized cultural environment.
- Developing a caring culture starts with a few initial steps that aims at building the priorities of members to establish a dream team.
