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solmaris [256]
3 years ago
12

Consider a hypothetical economy in which the marginal propensity to consume (MPC) is 0.50. That is, if disposable income increas

es by $1, consumption increases by 50¢. Suppose further that last year disposable income in the economy was $450 billion and consumption was $400 billion.
From the preceding data, you know that the level of saving in the economy last year was $_______ billion and the marginal propensity to save in this economy is_______ .
Suppose that this year, disposable income is projected to be $650 billion. Based on your analysis, you would expect consumption to be $______ billion and saving to be $______ billion.
Business
1 answer:
evablogger [386]3 years ago
4 0

Answer:

The level of saving =  $450 billion - $400 billion= $50 billion

Marginal propensity to save = 1- marginal propensity to consume (MPC)=0.5

Expected consumption

MPC=  change in Consumption/ change in income 200 billion * 0.5 = $100billion

Therefore consumption = 100 billion + 400 billion = $500 billion

Saving = $650 billion - $500 billion=  $ 150 billion

Explanation:

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The following table summarizes Nowman's non-cancelable operating lease payments with remaining terms in excess of one year for t
Anna007 [38]

Answer:

$1,872,000

Explanation:

The amount of operating lease obligation that needs to be reported on the balance sheet on December 31, 2018 is the total  lease payment in next following years

= $220,000 + $180,000 + $240,000 + $210,000 + $190,000 + $832,000

= $1,872,000

If you want to know the payment lease in 2024 - 2027, we do as following:

The average of prior years between 2019 to 2023

= ($220,000 + $180,000 + $240,000 + $210,000 + $190,000)/ 5 years

= $208,000

And for years after 2023, the annual lease payment should be treated as the average of prior years between 2019 to 2023, then lease payment in 2024 - 2027 is $208,000 annually. Total $832,000 in 4 years.

8 0
3 years ago
Doe Manufacturing plans to sell 6,000 purple lawn chairs during May, 5,700 in June, and 6,000 during July. The company keeps 15%
lora16 [44]

Answer: 5,745 units

Explanation:

Given that,

Plans to sell:

6,000 purple lawn chairs during May

5,700 in June

6,000 during July

company keeps 15% of the next month's sales as ending inventory

Units should Doe produce during June:

= Sales in June + Ending inventory (15% of July sales) - opening Inventory (15% of June sales)

= 5,700 + 900 - 855

= 5,745 units

6 0
3 years ago
A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera
Salsk061 [2.6K]

Answer:

$864,400

Explanation:

The computation of the total period cost for the month under variable costing is shown below:

= Variable selling & admin expense + fixed manufacturing overhead + fixed selling and admin expense

= ($15 × 13,000 units) + $500,400 + $169,000

= $195,000 + $500,400 + $169,000

= $864,400

5 0
3 years ago
If entrepreneurs realize that all the traditional applications for their products have disappeared and that they have surplus pr
Kryger [21]

Answer:

The correct answer is D

Explanation:

SCAMPER tool is the technique which is an Idea Manipulation technique, that guide the business in generating diverse ideas. Instead of thinking the original ideas, this technique provokes the business to gather ideas from the divergent fields, fuse and manipulate as per the requirements.

So, in this case, the entrepreneur got to know that all the applications of the product have disappeared and the entrepreneur have the surplus products with them, so the element of the tool which they could employ is that they could put to other uses the surplus products.

8 0
3 years ago
Ta’shonda has aggressive tendencies and gets in fights often in high school. She decides to join the military. Which defense mec
MissTica

Sublimation is the defensive mechanism that is shown here by Tashinda given her  aggressive tendencies and gets in fights often in high school

<h3>What is a defensive mechanism?</h3>

This is the term that is used to refer to the ways that certain people are able to cope. It is the way that people are able to create the way that they can go through some of the issues that they face.

Some people may become very aggressive as a means of coping in the place they find themselves hence we can say that Sublimation is the defensive mechanism that is shown here by Tashinda given her  aggressive tendencies and gets in fights often in high school. It becomes a good defensive mechanism since fighting will be a welcomed in the military. there she will be trained to be a better fighter and giving instructions on when to engage in a fight or when not to. This will help her cope in aggressiveness and likelihood of fighting.

Read more on defense mechanism here: brainly.com/question/17643438

#SPj1

6 0
1 year ago
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