Answer:
The likely problems to be encountered by Roberts include the following below:
b. the operating characteristics of firms across different industries vary significantly resulting in very different ratio values.
d. caution must be exercised when comparing older to newer firms,
e.g., utility company vs. software company?
c. the four companies are in very different industries.
Explanation:
Answer:
Government spending would have to change by <u>$1.6 billion</u>
Explanation:
The marginal propensity to consume (MPC) refers to the proportion of an increase in aggregate income that is spent on consumption of commodities by a consumer.
Since from the question, we have:
MPC = Marginal propensity to consume = 0.75
The MPC can therefore be used to calculate the fiscal multiplier which measures the effect of government spending on real GDP as follows:
Fiscal multiplier = 1 / (1 - MPC) = 1 / (1 - 0.75) = 1 / 0.25 = 4.0
Therefore, we have:
Change in government spending = Fiscal multiplier * Amount of targeted increase real GDP = 4.0 * $400 million = $1.6 billion
Therefore, government spending would have to change by <u>$1.6 billion</u> to generate $400 million increase in real GDP.
Sally is most likely in the formal operational stage of development. This answer based on Piaget's 4 stages of cognitive development which describes the stages of human's mental development. Piaget's 4 stages of cognitive development consist of the sensory motor, the preoperational, the formal operational, and the concrete operational stage<span>. Sally is in the second stage of this theory. This is because she already has developed her logical thinking.</span>
Answer:
Explanation:
im sorry i just need points sorry ask someone else sorry ;)
