The formula to determine the multiplier(M) is:
M = 1 / (1 – MPC)
where:
MPC=Marginal propensity to consume
What Is a Multiplier?
A multiplier is a broad term in economics that refers to an economic factor that, when increased or changed, causes increases or changes in many other related economic variables. In terms of GDP, the multiplier effect causes total output gains to be greater than the change in spending that caused it.
Typically, the term multiplier refers to the relationship between government spending and total national income. The deposit multiplier is another multiplier used to explain fractional reserve banking.
Often the multiplier formula is considered to be too simple because it ignores some real-world complications. The Reason is:
Option A. The formula ignores the impact of an increase in GDP on consumption.
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Use the rule of 3:
750g (3/4kg) = 156p
1000g = Xp
(1000 * 156) / 750
156,000 / 750
208.
Answer:
Hope it helped,
Happy homework/ study/ exam!
Answer:
- Define the term in a complete sentence.
- Discuss the term in a complete sentence.
- Apply the term to the scenario in three to five complete sentences.
- Bring your application back Full Circle to the scenario.
- Underline the term the FIRST time you use it.
- Break each term up into its own paragraph, with a blank line between paragraphs.
- Address each term in the order provided—don't skip around.
Prompt: Jackson will be taking his college entrance exam next weekend.
Part A
Relate each of the following terms to his preparation for successfully taking the exam:
- Glutamate
- Hippocampus
- Frontal lobe
- Part B
Relate each of the following terms to Jackson's performance on the day of the exam:
- Sympathetic nervous system
- Cerebellum
- GABA
- Environmental factors
Answer:
Elaborate on next year's chapter theme? for what book? are you making your own book?
Explanation:
I guess corruption, power, power of nature?
So scientists can come up with new inventions
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