Answer:
(a) 0.7
(b) 3.33
(c) -$210
(d) -$147
(e) -$1 trillion
Explanation:
(a) Marginal propensity to consume (MPC) = 0.7
(b) Multiplier of this economy:
= 3.33
(c) Decrease government purchases by $300 billion,
Initial change in consumption = Change in government purchases × MPC
= $300 × 0.7
= -$210 billion
(d) This decreases income yet again, causing a second change in consumption equal to:
= Initial change in consumption × MPC
= -$210 × 0.7
= -$147 billion
(e) The total change in demand resulting from the initial change in government spending is:
= Change in government purchases × Multiplier
= $300 × 3.33
= -$1 trillion
Question: Do you think volleyball is stupid yes or no?
Answer: No, because it is in fact like every other sport there is a winning team and a losing team and both teams have to come up with strategies to win the game. I think that volleyball is a really good sport for both men and woman to play/compete in.
In conclusion I think that volleyball is actually a really good game because by the time you are done playing either you win or you lose you are aready out of energy. So no volleyball is not a stupid game because it is like any other sprt it is a winner and loser game.
I hope this helps :)
Answer: less than the multiplier effect of a change in government spending.
Explanation:
The multiplier effect of government transfers refers to the measure by which the aggregate demand will increase by as a result of government transfers increasing.
This multiplier is less than the multiplier effect of a change in government spending. This is because government spending affects more people in the economy as it targets both companies and consumers. Government transfers on the other hand, target only welfare and unemployment payments amongst others so it cannot have the same effect as government spending.
Answer:
2.
Explanation:
On March 15, 2017, it was raised by $1.7B. On September 30, 2017, the debt ceiling was suspended. On March 1, 2019, it was $22.03T and raised by $2.18B. On August 2, 2019, it was again, suspended.
The statement that is being described is a part of public relations. It is because the public relations' function is to be able to maintain their image with of the company, organization or to the public. They maintain this relationship in order to display a positive image and to be able to be known to the public and to have a strong support or bond that they want to have or accomplish.
