Answer:
the simple multiplier is equal to 4
Step-by-step explanation:
In an economic model,
Y= C + I + G + (X - M)
the average expenditure Y must be equal to the totality of the output
If C = 3 + 0.75Y
where;
marginal propensity to consume MPC = 0.75
Then,
Y = 3 + 0.75Y + 2 + 1
Y = 6+0.75 Y
Y - 0.75 Y = 6
0.25 Y = 6
Y = 6/0.25
Y = 24
However, the simple multiplier can be expressed as:



= 4
Answer:
B. $62
Step-by-step explanation:
y = mx + b
y = $10.50x + $10
The project will take five weeks so
y = $10.50(5) + $10
y = $52.50 + $10
y = $62.50
Answer:
The answer is 3.75, or as a fraction, 15/4.
Step-by-step explanation:
Do 8 and 1/8 minus 4 and 3/8
Answer:
6
Step-by-step explanation:
5+1
a negative and a negative make a positive.
=6
Answer:
-4
Step-by-step explanation:
- - - - - - - -
+ + + +
4 negatives cancel out and leave you with -4