Assuming the marginal propensity to consume (MPC) for a nation is 0.67. The tax multiplier for this nation is: 2.03.
<h3>Tax multiplier</h3>
Using this formula
Tax multiplier=-MPC/1-MPC
Where:
Marginal propensity to consume (MPC)=0.67
Let plug in the formula
Tax multiplier=0.67/1-0.67
Tax multiplier=0.67/0.33
Tax muitiplier=2.03
Inconclusion the tax multiplier for this nation is: 2.03.
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Answer:
The Money supply will decrease by $4,500
Explanation:
What will be the maximum impact on money supply today as a result of your action is that the Money supply will decrease by $4,500.
Since we assumed that you have $10,000 in your account in which you withdraw $500 cash from your account and hide it under your pillow for future use, therefore based this scenario or actions carried by you it means that your bank have fewer or lesser funds available to make loans which means the decrease will tend to affect the money supply.
Hence, you can easily calculate the effect by using the simple money multiplier.
Its D because 73% of Japan is covered by mountains
Answer: option D is correct
Explanation:
Since the quit notice is not the builders fault, the termination of contract can filed on the bases of determination where the client client has to pay profit and losses incurred until the moment of termination.
