1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
stepan [7]
3 years ago
11

Scenario: Aggregate Consumption Equation Suppose that the aggregate consumption function is given by the equation: C = 200 + 0.8

YD, where C represents consumption and YD represents disposable income. Reference: Ref 25-9 (Scenario: Aggregate Consumption Equation) According to the scenario Aggregate Consumption Equation, if disposable income is $500, aggregate consumption is:
A. $0.
B. $200.
C. $400.
D. $600.
Business
1 answer:
scZoUnD [109]3 years ago
6 0

Answer:

The correct answer and the letter d. $600.

Explanation:

A consumption equation relates aggregate consumption with disposable income (income minus taxes). In this way, it shows how the increase in aggregate disposable income, that is, of the whole economy, impacts aggregate consumption. In this case, we have the consumption function given by: C = 200 + 0.8YD, and the disposable income is $ 500. Like this,

C = 200 + 0.8YD

C = 200 + 0.8 (500)

C = 600.

That is, by including the disposable income of $ 500 in the consumption equation, we will have an aggregate consumption of $ 600.

You might be interested in
Nikita is the manager of a local small hotel. Just today Nikita received word that a major convention will be coming to town nex
Ne4ueva [31]

Answer:

Contingency viewpoint or approach of management

Explanation:

According to the contingency viewpoint, there is no particular standard of management. Rather, the type of management style adopted including decisions made depends on the type of situation that the organization is facing at the particular time. Nikita in this scenario is using the contingency approach since she is making decisions based on the upcoming convention.

3 0
3 years ago
Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby. The activity produces the followi
Nataliya [291]

Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby.  The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:

  • Income $18,000
  • Expenses $3,000

An activity or business  is classified as hobby :

  • The owner of the business is not making profit from the business
  • When their is no proof as to whether the business owner is making profit
  • When the owner does not intend to make profit from the business etc

Based on the given information the revenues or income amount of $18,000 will be the  amount that will be reported by Alex  as part of the gross income.

While the expenses or  property taxed amount of $3,000 is deductible because the deductions are itemized deductions.

Inconclusion Alex, who is single, conducts an activity in 2021 that is appropriately classified as a hobby.  The amount of income that Alex must report and the amount of the expenses he is permitted to deduct are:

  • Income $18,000
  • Expenses $3,000

Learn more here:

brainly.com/question/16633416

3 0
2 years ago
A few years ago, a house in Tennessee burned to the ground while firefighters, residents & politicians watched. The homeowne
allochka39001 [22]
I think the answer is probably C
7 0
3 years ago
The marketing challenge is more directly aligned to the debate between universal ethics and _____.
Inessa05 [86]

The answer in the space provided is utilitarianism. It is because they are more focus on both of universal ethics and the utilitarianism in terms of building their product for the sake of their customers in order to meet the consumer’s needs.

8 0
3 years ago
Megan Finder, a recent college graduate, is applying for her first credit card. The creditor has asked for a personal net worth
valentina_108 [34]

Answer and Explanation:

The computation of the net worth statement is shown below:

Assets

Checking account  $800

Scooter $2,000

Total assets $2,800 (A)

Liabilities

OWed to jaycee Auto $920

River college $125

Total liabilities $1,045 (B)

Net worth $1,755 (A - B)

7 0
2 years ago
Other questions:
  • What type of group discussion does the moderator perform a passive role
    8·1 answer
  • Recher Corporation uses part Q89 in one of its products. The company's Accounting Department reports the following costs of prod
    7·1 answer
  • Calculate the EOQ size for the following case. What is the EOQ size and the number of orders placed per year? For your answer, r
    6·1 answer
  • ABC Company produces Product X, Product Y, and Product Z. All three products require processing on specialized finishing machine
    12·1 answer
  • Suppose that the inflation rate is 2% and the real terminal value of an investment is expected to be $82,500 in 4 years. Calcula
    10·1 answer
  • 7. Identifying costs of inflation Bob manages a grocery store in a country experiencing a high rate of inflation. He is paid in
    5·1 answer
  • Clear Calls Inc., a telephone service provider, has a large user base mainly because phone calls and messages between all Clear
    8·1 answer
  • A company incurs total costs of $8,000 to process Product A. The company can then sell Product A as is for total daily revenue o
    10·1 answer
  • Jawwal Research & Development has been going through a rough patch lately. Turnover has been high and employee morale is at
    6·1 answer
  • HELP ASAPPPP HELPPP PLEASE HELP ME NO LINKS
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!