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makvit [3.9K]
3 years ago
8

Assume that the marginal propensity to consume out of disposable income is 0.8 and that the government taxes all income at a con

stant rate of 30 percent. If gross income increases by $100, consumption will initially increase by $44 A $56 B $70 C $80 D $100__________
Social Studies
1 answer:
Andrew [12]3 years ago
6 0

Answer:

The answer to this question is $56.

Explanation:

In this question the consumption will initially increase by 56 because when we take 30 percent of the $100 it will give the $30. and when we less the money then the amount will be $70. after multiply the value by 0.8 it will give the 56.0. so the answer of the question is $56.

Example:

100*30/100=30

100-30=70

70*0.8=56.0.

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lora16 [44]

Answer: TRUE

Explanation: Qualitative forecasting method are mostly based on survey polls, opinions of expert, etc.

While Quantitative deals with measurable numerical qualities, the qualitative deals with observation and opinions.

Qualitative forecasting method is a forecasting method that favours the intuitions and opinions of experts over numeric historic data. While the numeric data analysis will show that increase in production will lead to increase in sales for the coming year in a tobacco company , the experienced sales managers will let the company know that due to the recent law enforced by the government, there will be low sales in the following year. This will allow the company to either reduce their production rate or stay on the same production rate but not increase production.

5 0
3 years ago
Five _________________ states between the North and South did not secede from the Union though they had slavery.
Tcecarenko [31]

The correct answer to this open question is the following.

Although you forgot to attach the options for this question we can say the following based on our knowledge of the topic.

Five slaveholding states between the North and South did not secede from the Union though they had slavery. Among these states were Kentucky, Delaware, Missouri, and Maryland, and in 1863, West Virginia.

Originally, seven southern states seceded from the Union and this represented the beginning of the American Civil War.

Abraham Lincoln won the elections and became President of the United States. The Southern states knew that this would be its worst nightmare. They did not support abolition because their economies depended too much on slavery. The states that seceded were South Carolina, Alabama, Mississippi, Florida, Louisiana, Georgia, and Texas. They formed the Confederate States and the War began.

7 0
3 years ago
Transyltavia’s government is organized with a strong, central government. There are 47 prefectures, or states, but the prefectur
Helen [10]

Answer:

Option B

Explanation:

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This form of government exist in USA, India and other democratic countries. The central government disburse certain amount of fund every year to the states under various schemes and programme.  

Hence, option B is correct

5 0
3 years ago
Please, someone, reword this for me ASAP!!!
asambeis [7]

Answer:

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3 0
3 years ago
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