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blondinia [14]
3 years ago
8

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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Which law signed by president george w. bush, allowed for more economic freedom amongst different kinds of businesses on the 401
natima [27]

Economic Growth and Tax Relief Act law signed by President George w. bush, allowed for more economic freedom amongst different kinds of businesses on the 401(k)

A standard definition of economics might describe it as a social science focused on the satisfaction of needs and desires through the allocation of scarce resources with alternative uses. Economics can be said to be the study of scarcity and choice.

In its simplest and most concise definition, economics is the study of how societies use their limited resources. Economics is the social science of producing, distributing, and consuming goods and services.

Example: When the corn crop increases, the farmer reduces the price of the crop so that the product can be sold. When supply exceeds demand, meaning too much corn is needed to feed the people of the country, the produce is forced to waste and farmers lose production costs.

Learn more about economics here

brainly.com/question/17996535

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6 0
1 year ago
Haulsee Inc. builds 800,000 golf carts a year and purchases the electronic motors for these carts for $370 each. Ordering costs
Allisa [31]

Answer:

4,084

Explanation:

Calculation to determine the economic order quantity (EOQ) for Haulsee

Using this formula

Economic Order Quantity (EOQ) =((2* Annual Requirement * Cost per order)/Carrying cost per unit)^ (1/2)

Let plug in the formula

Economic Order Quantity (EOQ) = ((2*800,000*540)/(370*14%))^(1/2)

Economic Order Quantity (EOQ) = 4,084 units

Therefore the economic order quantity (EOQ) for Haulsee is 4,084 units

4 0
2 years ago
Assets are financed by creditors and owners. At 1/29/2021, approximately what percentage of Dollar General’s assets are financed
Vlad [161]

Based on the amount of equity and that of assets, the percentage funded by owners is<u> 29.4%. </u>

<h3>What is the Percentage financed by owners?</h3>

This can be found by the formula:

= Equity / Assets x 100%

Solving gives:

= 6,702,500 / 22,825,084 x 100%

= 29.4%

In conclusion, 29.4% is financed by the owners.

Find out more on Equity at brainly.com/question/25847981.

7 0
2 years ago
Nevin is a longtime teacher supervising a group of very eager, very dedicated teach for america volunteers who are excited about
vodka [1.7K]
The correct answer is "People-Oriented Leadership".

People-Oriented leadership refers to the kind of leadership, wherein a leader takes initiative and also believes that communication from one worker to another can be a good cause for effective teamwork. Nevin believes that social interaction can be a good cause for unity and a harmonious workplace to achieve goals easily.
6 0
2 years ago
Read 2 more answers
What option will NOT be available if you are behind on loan payments?
Elena L [17]

Answer:

I think the answer is...... A.You can ask to get out of your loan.

Hope i helped :)

Explanation:

6 0
3 years ago
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