Answer:
Calculate the proportion of the package that would be really transferred to consumers, by using the MPC. So, you proceed to divide the change in disposable income (700 million) between the MPC, to measure the change in the consume. Then, this will be the change in the real GDP.
So.
ΔC=700/0.5
ΔC= 1,400
Explanation:
Change in real GDP, under this assumption would be of 1,400 millions ceteris paribus.
Answer:
The Canadian government in the late 1800s was actively recruiting American farmers to move north. Chinese immigrants heading to Canada during the gold rush and later to work on railway construction often came by land and sea from cities along the American west coast.
Explanation:
Answer:
D.
Before the Great Depression and leading to the Great Depression the prices increased on consumer or customer items that lead to the tariff. Consumer spending or customer spending quickly and largely decreased. The decrease led to the Great Depression. Business' closing made many people lose jobs. This only added to the high unemployment rate, not even helping it at all.
Hope this helps, GretaVanFleetRocks
Of the list, the best answer is C) Automakers on the verge of collapse. GM, Chrysler and Ford (the Big 3 United States Automotive companies) were bailed out in 2009 following their request for a rescue bailout. This was controversial because, like other corporate bailouts that occurred at the time, the concept of "fairness" felt at best subjective and at worst disregarded. Some companies were rescued while others were not, and the American people did not have the privilege of an enormous bailout.
Some action was taken to insure sub-prime mortgages, and thus to help protect homeowners struggling following the housing crisis, but this was less controversial and also did not happen on such a large and immediate scale.
The development of a farming culture among pre-Columbian Native American Indians helped ensure a more stable food supply.