Answer:
b. right by $70 billion
Explanation:
The computation of the amount that shift to the aggregate demand curve is shown below;
= Multiplier × government purchase - crowding out effect
= 5 × $20 billion - $30 billion
= $100 billion - $30 billion
= $70 billion
So it would right by $70 billion
hence, the correct option is b,
The other options seems incorrect
Answer:
D. Dumping is exporting goods at prices that are lower than their value
Explanation:
Dumping in international trade occurs when a company or country exports goods to another at a cheaper place than it sells in its domestic market. Dumping involves the export of a large number of products to gain a substantial market share in foreign markets.
Although dumping is not illegal, it may stifle the development of local industries. Domestic producers, especially infant-industries, cannot compete favorably with low-priced dumped products. Countries apply protective measures such as import tariffs and quotas to guide against dumping.
Answer:
onnie Flanagan's weekly gross pay is $1,250. Each week she has $64.37 in deductions, plus state tax of three percent of her gross pay, and Social Security
Answer:
C
Explanation:
Inflation is a persistent rise in the general price levels
Inflation occurs when quantity of money grows faster than real GDP
Types of inflation
1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise
2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect
Shoe leather cost is when people try to spend money immediately so they would not be holding money for a long time. This is because money loses its value in an inflation.
Because inflation causes money to lose its value, it can be viewed as a form of tax on holding money This is because, tax reduces the amount of money a person has. Also, does inflation reduce the value of money a person has
Answer:
A. .0%
Explanation:
A normally distributed means 99% of the cases are contain within 3 standard deviation up or down fro mthe median in this case; the range between:
0.005 - 0.01 x 3 //0.005+0.01*3 = -0.025//0.025 = -2.5%//2.5%
-2.5%//2.5% between these values is 99% of the cases.
The 23% is so far away that his probabilities are enarly zero.
We can also calcualte this by normalize the asked return and look the z value on a nrmal distribution table:
(X-median)/standard deviaiton = z
(-0.23 -0.005)/0.01 = -23.5
P(z<23.5) = As it isn't n the table, the chances are zero because are inginificant low.
