To calculate the decrease in the GPD, we will have to multiply the decline in the government's spending by the multiplier.
Since the MPC is 2/3, therefore, the multiplier in this case is 3.
Therefore:
<span>if government spending decreases by $6 billion, equilibrium gdp will decrease by 3*$6 billion = $18 billion</span>
Answer:
the tendency for managers to focus on immediate performance objectives at the expense of longer-term strategic objectives.
Explanation:
Short-termism is defined as the tendency for managers to focus on immediate performance objectives at the expense of longer-term strategic objectives.
Under Short-termism, managers of businesses or organizations gives so much priority to quick profits.
Answer : Credit checker
A credit checker is a person who researches the credit standing and credit history of a person or a business that apply for loans.
They gather information about the loan applicants from various sources like banks, employers, other businesses etc.
They also update and verify existing credit reports.
Banks use these reports while making a decision to grant loans to individuals and businesses.
This job only requires a high school diploma; even a undergraduate degree in business is optional.
Answer:
$225,000
Explanation:
The utility budget is 5% of the previous year's total revenue.
The previous year revenue was $4,500,000.00
The utility budget will be 5% of $4,500,000.00
=5/100 x $4,500,000.00
=0.05 x $4,500,000
=$225,000
