Answer:
----->Traders would deposit their gold with goldsmiths.
--->Goldsmiths issued paper receipts in excess of the amount of gold held.
--->Goldsmiths put the paper receipts into circulation by making loans.
Explanation:
If the government cuts taxes by $40 billion, this puts more money in consumers' pockets. Given an MPC of 0.8, this means they will spend $32 billion
Evaluating :
(0.8 × $40 = $32).
The correct answer is an increase of $32 billion.
GDP:
Gross domestic product (GDP) is a measure of the final goods and services produced with a specific region over a specified period of time. It is computed as follows:
GDP = Consumption + Government Spend + Investment + Net Exports
What is Marginal Propensity to Consume (MPC)?
Marginal propensity to consume (MPC) is measured as the portion of an increase in pay that a consumer would spend on goods and services as opposed to saving. Essentially, it is measuring how sensitive consumption in an economy is to increases in income. MPC is important in economics because it illustrates the effect that increased government spending has on the economy.
Learn more about Marginal propensity :
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Answer: A & D
Explanation: White space is the white area between written characters and graphic regions on a produced page or computer display; It is also blanks and the vertical blanks lines in between paragraphs, or any other organized rows of text lines for example poetry.
The use of headings and the use of bulleted and numbered lists all employ the use of white space which helps improve the readability of documents. These ample spaces created can be used to break up paragraphs into readable chunks.
Answer:
VJNJMJNBGNFVF VGJFKVKFKRKELÑKTKFKLRGRLBG
Explanation:NBGNNUKIKUUHKNU6GGGTGJ
