GDP stands for gross domestic product.
MPC stands for marginal propensity to consume (the ratio of the ratio of change in consumption to change in income)
From MPC you obtain the GDP Multiplier, which gives the relationship between a change in a particular expenditure and the GDP.
This is: Change in GDP = Mutliplier * Change in expenditure
The multiplier is equal to 1 / [ 1 - MPC].
Now use that information to calculations.
<span>Change in GDP with MPC of 0.9
multiplier = 1 / [1 - 0.9 ] = 1 / 0.1 = 10
Change in GDP = 8 billions*10 = 80 billions.
Change in GDP with MPC of 0.8 </span>
multiplier = 1 / [1 - 0.8] = 1 /0.2 = 5
Change in GDP = 8 billions*5 = 40 billions
<u>Explanation:</u>
Note, in the ICT field, the term social engineering refers to actions that involve the use of cunning to steal sensitive or unauthorized information from someone by means of social or human interactions with them.
For example, such information could be manipulatively gotten;
- address,
- age,
- Social security number,
- the number of children, etc.
Actual spending. It is important to compare the budget, which is expected spending, to actual spending to make adjustments and catch potential problems or figure out what to do extra money.
The answer that would best complete the given statement above would be the third option: EPIC CATALOGUE. An epic catalogue is <span> a convention that includes a long listing of arms, ships, or participants in an important event. Hope this answers your question. Have a great day ahead!</span>
Answer:
(D) global information
Explanation:
A global information system is an information system which is used in a global context. and deliver the totality of measurable data worldwide within a defined context.
Examples
Systems developed for multinational users, SAP, Oracle ,JDE, are a global ERP system
Global Information Systems for Education
