In a condition where MPC is 0.5, a simultaneous increase in both taxes and government spending of $20 will increase GDP by $20. Therefore, the option C holds true.
<h3>What is the significance of GDP?</h3>
GDP of an economy is classified as a total of all the consumer goods and services produced in an economy during a given financial period, usually a year.
An increase in the taxes and government spending in an economy will lead to an increase in the GDP by the same rate. However, the proportion of change depends upon the MPC of an economy.
Therefore, the option C holds true and states regarding the significance of GDP.
Learn more about GDP here:
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The question seems to be incomplete. It has been added below for better reference.
If MPC = 0.5, a simultaneous increase in both taxes and government spending of $20 will _____.
A. decrease GDP by $20.
B. decrease GDP by $40.
C. increase GDP by $20.
D. increase GDP by $40.
Answer:
maximum amount in dollar is payable = $344000
so correct option is a. $344,000
Explanation:
solution
we find here premium that is paid here
premium paid = 200000 pounds × $0.04
premium paid = 8000
and
amount payable in Dollar for 200000 pounds is
amount payable in Dollar = 200000 × $1.68
amount payable in Dollar = $336000
so whatever is happen in market
maximum amount in dollar is payable is
maximum amount in dollar is payable = $336000 + $8000
maximum amount in dollar is payable = $344000
so correct option is a. $344,000
Answer:
So beat him up or call the FDA and they'll help
Answer: D. Whether the gift was reasonable in the circumstances
Explanation:
One of the code of American Institute of Certified Public Accountants is that members should maintain their integrity and be objective in carrying out their duties.
In the situation above, the major consideration should be whether or not the gift is appropriate and reasonable in the circumstances.
Answer:
<em>Disruptive innovation</em>
Explanation:
<em>Japanese car makers are engaging in</em> <u>disruptive innovation</u>.
Disruptive innovation is a type of theory in business that is related to the entrance or interrupt of a company in an already existing markets.
So here, as we can see that <em>Japanese car makers are also entering in the U.S. automobile market that is an existing market,</em> we can say know that it is also a type of disruptive innovation.
