Answer: b. left by about $26.7 billion.
Explanation:
The multiplier determines how much government spending affects the aggregagte demand.
Multiplier is:
= 1 / ( 1 - MPC)
= 1 / (1 - 0.625)
= 2.67
The effect on Aggregate demand is:
= Government spending * Multiplier
= -10 billion * 2.67
= -$26.7 billion
Aggregate demand will shift left by $26.7 billion to show that aggregate demand is decreasing.
Answer:
c. The average change in prices of a fixed basket of goods and services of urban consumers
Explanation:
It is a measure of the average change over time in the price paid by urban households for a set of consumer goods and services. It reflects the spending patterns of each of two population groups: all-urban consumers and urban wage earners and clerical workers, which include professionals, the self-employed, the unemployed, and poor persons.
I’m sorry but like what is that supposed to be?
<span>Organic foods is using a growth strategy. A growth strategy is a strategy companies use when they want to grow their product depth, customer basis or product knowledge. There are four broad growth strategies to help a company achieve success. The four main growth strategies are </span>diversification, product development, market penetration, and market development.