Answer:40,000+3650=43650 income
Explanation:
Answer: Greater the MPC
Explanation:
The Marginal Propensity to consume refers to how much Economic consumption increases or decreases due to a change in income.
The formula for MPC is;
= Change in Consumption/Change in Income.
Consumption is a major component of GDP so it has a direct influence on Economic output. In other words, the larger the level of consumption, the higher the higher the output.
As evident from the equation, if the change in consumption is higher than the change in income, the MPC will be larger. A larger MPC therefore corresponds to a higher Consumption.
If a higher Consumption leads to a larger output and a larger MPC corresponds to a higher Consumption then that means that a higher MPC leads to a larger output.
<span>Recruitment and retaining helpers, distance, cost and confidentiality are the challenges faced in order to service provisions that are located in rural areas. Rural areas are located so far from supplies and major services that it is quite difficult to keep thing sworking in those ares.</span>
Answer:
the answer is A. An investment bank is a non-depository institution; a commercial bank takes customer's deposits.
Explanation:
An investment bank is catering specially to the business and institutional requirements while a commercial bank tends to support the requirements of general public and private businesses.
