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
Answer: The correct answer is "C. The extensive use of separate classifications.".
Explanation: One criticism NOT normally aimed at a balance sheet prepared using current accounting and reporting standars is the extensive use of separate classifications.
According to current accounting and reporting standards, excessive accounting account classifications cannot be used, but must be grouped into large traditional and common groups.
It is the lived nomadic lives. A nomad is a man with no settled home, moving from place to put as a method for getting nourishment, discovering field for animals, or generally bringing home the bacon. The word Nomad originates from a Greek word that implies one who meanders for field.
Answer:
Following is given the solution of the question.
I hope it will help you a lot.
Explanation:
Answer:
C.the one that will connect to the desired recipients.
Explanation:
IMC (Integrated Marketing Communications) means making sure all of a company's various promotional and communication tools are linked together with a cohesive message in order to best connect with the audience.