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Mice21 [21]
3 years ago
5

Suppose that disposable income, consumption, and saving in some country are $800 billion, $700 billion, and $100 billion, respec

tively. next, assume that disposable income increases by $80 billion, consumption rises by $56 billion, and saving goes up by $24 billion.
a. what is the economy’s mpc?
Business
1 answer:
Anvisha [2.4K]3 years ago
7 0
The mpc is the marginal propensity to consume and is the ratio of the increase of spent money over increase in income so in this case the consumption rises by $56 billion and the disposable income by $80 billion so the mpc would be 56/80=0.7. 
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Explanation:

The production or service execution process is the core process that encompasses all the operations carried out by an organization to transform requirements into a final product or service. The entries that involve orders and budgets become work orders that allow planning, design, manufacturing and execution, all supported by the support processes that involve purchases and resources. Finally, the exit of this activity constitutes the process of expedition and after-sale.

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To lean more about Tariffs from the given link.

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1 year ago
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nirvana33 [79]

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<h3>What is Independence in this case?</h3>

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Full Question:

Michael was on the ABC Accounting Firm's audit team for the Rasmussen Corporation audit. Rasmussen's officers were so impressed with Michael that they offered him a job as Director of Internal Audit at Rasmussen. What should Michael do in order to preserve independence?

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