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Ivenika [448]
3 years ago
14

Which of the following most accurately describes an impact of the Navigation Acts? a. Wages of Southern plantation owners increa

sed. b. Wages of New England sailors increased. c. Wages of wheat farmers in the Middle Colonies increased.
Business
1 answer:
stiks02 [169]3 years ago
6 0

Answer: b. Wages of New England sailors increased.

Explanation: The Navigation Act essentially increased the wages of New England sailors for by this act, British trade expanded and trades by British colonies with countries that were rivals of Great Britain were limited. This translates to more money since the volume of trades increased significantly, much more than they usually handle since these movements were also restricted to the use of British ships only.

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The gross profit must cover these types of​ costs: ​(complete all answer​ boxes.)
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Congratulations again. You've just been appointed economic adviser to the president of Examland. The mpe is 0.8; autonomous inve
Contact [7]

Answer:

Explanation:

(a)

mpe = 0.8

Autonomous investment = $1,100

Autonomous government spending = $8,100

Autonomous consumption = $9,000

Autonomous net exports = $900

At equilibrium,

Y = Autonomous consumption + [mpe * Y] + Autonomous government spending + Autonomous investment + Autonomous net exports

Y = 9000 + 0.8Y + 8100 + 1100 + 900

Y = 0.8Y + 19100

Y - 0.8Y = 19100

0.2Y = 19100

Y = 19100/0.2 = 95500

The level of income is $95,500.

(b)

Now, autonomous exports increases by $1,500.

mpe = 0.8

Autonomous investment = $1,100

Autonomous government spending = $8,100

Autonomous consumption = $9,000

At equilibrium,

Y = Autonomous consumption + [mpe * Y] + Autonomous government spending + Autonomous investment + Autonomous net exports

Y = 9000 + 0.8Y + 8100 + 1100 + 2,400

Y = 0.8Y + 20600

Y - 0.8Y = 20600

0.2Y = 20600

Y = 20600/0.2 = 103000

Thus,

The income rises by $7,500.

(c)

Now, mpe decreased from 0.8 to 0.6

mpe = 0.6

Autonomous investment = $1,100

Autonomous government spending = $8,100

Autonomous consumption = $9,000

Autonomous net exports = $900

At equilibrium,

Y = Autonomous consumption + [mpe * Y] + Autonomous government spending + Autonomous investment + Autonomous net exports

Y = 9000 + 0.6Y + 8100 + 1100 + 900

Y = 0.6Y + 19100

Y - 0.6Y = 19100

0.4Y = 19100

Y = 19100/0.4 = $47,750

The level of income is $47,750.

Now, autonomous exports increases by $1,500.

mpe = 0.6

Autonomous investment = $1,100

Autonomous government spending = $8,100

Autonomous consumption = $9,000

At equilibrium,

Y = Autonomous consumption + [mpe * Y] + Autonomous government spending + Autonomous investment + Autonomous net exports

Y = 9000 + 0.6Y + 8100 + 1100 + 2400

Y = 0.6Y + 20600

Y - 0.6Y = 20600

0.4Y = 20600

Y = 20600/0.4 = 51500

Thus,

The income rises by $3,750.

3 0
3 years ago
In 1979 and 1980
Leokris [45]

Answer:

D) the U.S. inflation rate as measured by the CPI was higher than that measured by the GDP deflator, and the difference was explained by rapidly rising oil prices

Explanation:

During the 1970s there was a very strong correlation between oil prices and the CPI. Oil is essential to our economy, since it is used in so many different ways, e.g. fuel, plastics, heating, etc. The oil prices increased from $15.85 per barrel on April 5, 1979 to $39.50 per barrel on March 3, 1980. That is a huge increase (149%) for only one year.  

The CPI more than doubled during the 1970s, increasing from 41.20 in 1972 to 86.30 in 1980 (109% increase). It had previously taken 24 years for the CPI to double before that decade. That is a huge increase in inflation even if you compare it to more modern day inflation. The CPI for 2018 was 251, so in the last 38 years it increased by 190% and inflation has been an issue several times in the last decades.

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allochka39001 [22]

Answer:

Explanation:

- If it's a week before the exams, aim for around 3-4 hours of good, solid revision. This means you'll have around 21-28 hours to revise in that week. If it's the night before the exams, aim for no more than 4 hours that day, so as not to stress yourself out.The last 24 hours before your exam can be very stressful—but it can also be a ... How, then, should you revise on the final day before your exam? ... But by the end of the day, you are likely to feel as if it does, so you may as well start early and ... the time that your exam will start the next day, so that you know you can do it.

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