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3 years ago

1. According to the Keynesian-cross analysis, if MPC stands for marginal propensity to consume, then a rise in taxes of T will:

Business

1 answer:

alisha [4.7K]3 years ago

8 0

Answer:

The correct answer is option c.

Explanation:

With an increase in the taxes the equilibrium income will decline by the amount of tax multiplier into the change in tax rates.

The tax multiplier is a measure to show the change in aggregate production due to change in tax rates.

It is calculated by the ratio of marginal propensity to consume and marginal propensity to save or 1-MPS.

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Connections between cargo vessels or trucks and transportation networks may eventually lead to the development of smart transpor

Sladkaya [172]

Answer:

B. The internet of things

Explanation:

The internet of things will someday make the scenario presented in the question become a possibility.

The internet of things is a system of interrelated computing devices, mechanical and digital device composed of unique identifiers that enables the transfer of data over a network without requiring human to human interaction or even human to computer interaction. Thus, like in this case, connections between cargo vessels and transport network without the human factor will be a possibility because of internet of things.

What the internet of things does is that it allows closed private internet connections to communicate with others while bringing those networks together. It refers to the billions of devices around the world that are connected to the internet.

8 0

3 years ago

Jim Walton perform services on credit for $2450 a debit for this transaction should be recorded to?

ki77a [65]

A) accounts receivable

Hope this helped!

5 0

3 years ago

Desired consumption is Cd = 100 + 0.8Y - 500r - 0.5G, and desired investment is Id = 100 - 500r. Real money demand is Md/P = Y -

allochka39001 [22]

Answer:

Under a) r=0.1;Id=50;Cd=750;P=7 b) P only changes and is now 9.33

Explanation:

a) In a closed economy national savings are equal to investments or:

S d = I d = Y - Cd - G

Id = Y - 100 - 0.8*Y + 500*r - 0.5*G

100 - 500*r = 0.2*Y -100 + 500*r -0.5*G

200 - 1000*r = 0.2*1000 - 0.5*200=100

-1000*r=-100

r= 0.1

i = 0.15

Id = 100 -50 =50

Cd= 100 + 800 - 50 - 100=750

P = Md/Y-2000 i

P= 2100/1000 -300=7

b) If money supply increases to 2800, the price level would be:

P = 2800/Y - 2000*i = 2800/Y- 2000*(i-inflation)

However, since the variables determining real interest rate remained the same, r is also the same or 0.1 and i is 0.15. Consumption and investment remain the same, only price level changes or:

P=9.33

4 0

2 years ago

Which of the following statements accurately describes the economic policy of mercantilism?

labwork [276]

The best answer is letter a. It downplayed the role of government in stimulating economic growth.

>>The main goal of mercantilism was to increase a nation's wealth by imposing government regulation concerning all of the nation's commercial interests.
It sticks to the belief that the national strength can be maximized by limiting imports via tariffs and maximizing exports.

5 0

3 years ago

Future Value of Annuity. Twins Jessica andJoshua, both 25, graduated from college andbegan working in the family restaurant busi

pav-90 [236]

Answer:

Jessica will have $611,816.70 at retirement.

Explanation:

a) Data and Calculations:

Jessica:

Annual contribution in IRA for 10 years = $2,000

Retirement age = 65 years

Interest rate per year = 10%

Annuity value for investing $2,000 annually is $35,062.33

FV (Future Value) $35,062.33

PV (Present Value) $13,518.05

N (Number of Periods) 10.000

I/Y (Interest Rate) 10.000%

PMT (Periodic Payment) $2,000.00

Starting Investment $0.00

Total Principal $20,000.00

Total Interest $15,062.33

Amount received after investing $35,062.33 for 30 years.

Using an online finance calculator:

FV (Future Value) $611,816.70

PV (Present Value) $35,062.33

N (Number of Periods) 30.000

I/Y (Interest Rate) 10.000%

PMT (Periodic Payment) $0.00

Starting Investment $35,062.33

Total Principal $35,062.33

Total Interest $576,754.37

7 0

2 years ago