All categories

3 years ago

By how much will gdp change if firms increase their investment by $13 billion and the mpc is 0.9?

1 answer:

4 0

Change in GDP by $130 billion if firms increase their investment by $13 billion and the mpc is 0.9. This is because GDP change is equal to the expenditure multiplier * investment increase, where the expenditure multiplier = 1/(1-mpc) = 1/(1-0.9) = 10. Therefore, GDP change = 10 * $13 billion = $130 billion.

You might be interested in

Many companies state their brand promise directly in words, using a short phrase called what

denpristay [2]

Answer:Many companies state their brand promise directly in words, using a short phrase called what? A. A warranty B. A customer mindset C. A corporate image D. A tagline

✓ D.

4 0

3 years ago

At December 31, 2018, the following information was available for Deen Company: ending inventory $22,600; beginning inventory $2

ELEN [110]

Answer:

Using COGS

Inventory TurnOver = 19.54

days in inventory = 46.95

Using Sales

Inventory TurnOver = 19.54

days in inventory = 18.68

Explanation:

Inventory TurnOver = COGS or sales / Average Inventory

Were: average inventory = (beginning + ending inventory ) / 2

days in inventory = 365 / Inventory TurnOver

Some accounts work with COGS and some with sales, the latter being more used, but because you have the two option and didn't specifically declare any of the two I will give you answer for both of them, then it will your work to check which one are you using in your course.

Average inventory = (21400+22600 ) /2 = 22,000

Inventory TurnOver (using COGS) = 171,000/22,000 = 7.77

days in inventory (using COGS) = 365/7.77 = 46.97

Inventory TurnOver (using Sales) = 430,000/22,000 = 19.54

days in inventory (using Sales) = 365/19.54 = 18.68

4 0

4 years ago

Under the Fair Credit Reporting Act, individuals rejected for insurance due to information contained in a consumer report (Choos

Lana71 [14]

I’m sorry I just need points

5 0

3 years ago

Pdf of extension education of isc Ag

storchak [24]

What is the full question?? :)

8 0

3 years ago

Read 2 more answers

If firms pay what are called "efficiency wages", they pay wages that A. are lower than average to ensure maximum profit. B. low

aalyn [17]

Answer:

The correct option is (C)

Explanation:

Efficiency wages are higher than market wages that are paid by employers to motivate employees so that they perform better and their efficiency and productivity increase. Efficiency wages are directly proportional to productivity. The more the efficiency wage, higher will be labor productivity.

Efficiency wages are lie above equilibrium level. It helps in reducing labor turnover, improve labor efficiency and attract skilled employees.

5 0

3 years ago