Based on the current level of GDP, the investment spending, and the MPC, the new level of the real GDP will be $195 million.
<h3>What is the new level of the GDP?</h3>
First find the investment multiplier as:
= 1 / (1 - MPC)
= 1 / (1 - 0.7)
= 3.333
The new level of GDP is:
= Current level of GDP + (Investment spending x Multiplier)
= 150 + (13.5 x 3.333)
= $195 million
Find out more on the investment multiplier at brainly.com/question/6600233.
Answer: Paragraph
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Answer:
Dorsett's net operating loss for Year 8 is $41,800.
Explanation:
From the question, we have:
Amount by which deductions exceeding gross income = $56,800
Net operating loss deduction (carryover from Year 7) = $15,000
Dividends received deduction = $6,800
In order to calculate Dorsett's net operating loss for Year 8, the dividends received deduction of $6,800 has to be fully allowed but the net operating loss deduction (carryover from Year 7) of $15,000 wouldn't be not allowed.
Therefore, we have:
Dorsett's net operating loss for Year 8 = Amount by which deductions exceeding gross income - Net operating loss deduction (carryover from Year 7) = $56,800 - $15,000 = $41,800
How well you are marketing to your consumers.
Answer:
I think the correct answer is SOFIA
Explanation:
BECAUSE Thomas's and AARON'S investment is a long term investment