Answer:
Change in Investment (Government Spending) = $200
Explanation:
Multiplier = k =∆Y/∆I = 1/(1-MPC)
Needed ∆Y = $1000 ; MPC = 0.8
1000/ ∆I = 1 / (1-0.8)
1000/∆I = 1 / 0.2
1000/∆I = 5
∆I = 1000/5
∆I = 200
Answer:
$2,000
Explanation:
Calculation to determine the consumer surplus
Consumer surplus=$30,000-$28,000
Consumer surplus=$2,000
Therefore consumer surplus is $2,000
Answer:
C (operations)
Explanation:
Operations Section Chief organizes, assigns, and supervises all the tactical or response resources assigned to the incident.
Answer: c. preventing a market that would generate mutually beneficial trades.
Explanation:
Zooey could argue that the policy of lunch trades is preventing a market that would generate mutually beneficial trades because if people were allowed to trade what they want for what they have with people who have what the first person wants and wants what the first person has, that can be beneficial to both of them.
It is not unlike the system of batter trading that existed before money where people traded what they had for what they wanted.
One should be very careful here though because there are multiple disadvantages involved such as kids exchanging away more nutritious food and food poisoning.
Answer:
It is characteristic of CAPITAL goods that they are not used up in the short run. A society can choose to SACRIFICE some quality of life now BY PURCHASING fewer consumer goods ANS SAVING MONEY in order to build up its stock of capital goods. This will lead to a HIGHER QUALITY OF LIFE and more consumer goods PURCHASED AND CONSUMED later on.
Explanation:
A consumer can choose between saving and spending money, that is measured by the marginal propensity to consume or the marginal propensity to save. Money that is spent now, will provide a certain satisfaction in the present, but nothing in the future. Money saved will not provide a certain satisfaction in the present, but should provide much more satisfaction in the future since it should grow as time passes.
