Answer:
Multiplier = 4
Explanation:
Government spending multiplier denotes the multiplier by which the GDP increases in response to increase in government expenditure.
Government spending has multiple impact depending on the society's overall propensity to consume.
Suppose if government spends USD 1, and consumer A receives USD 1, spends 0.75 out of this USD 1, consumer B receives this USD 0.75 and he also spends 75% of this USD 0.75 he received, this cycle continues until the spending reduces to nil.
Therefore spending multiplier is used to calculate total impact of each USD spent by government. Following is the formula for multiplier
Multiplier = 1 / (1 - marginal propensity to consume)
Multiplier = 1 ( 1 - 0.75)
Multiplier = 4
Service Planning in Total Services aggregate planning is different from production aggregate planning as opposed to Make-to-Stock, the services adhere to Make-to-Order.
To accomplish their objectives, mass production units develop aggregate Strategic and Operational plans. These operational plans are known as Aggregate Production Plans.
Preconditions for planning at the aggregate level:
Forecasted demand for the period
Understanding of resource availability and scarcity
The prices of various alternatives
Policies and practices of organizations
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<span>You would receive a tax refund from the IRS if you paid too much in taxes versus what your net income was during the year. The taxes owed is less than what was paid to the IRS during the year. If you receive credits for what you are able to deduct from your net income, then you will be able to receive money back at the end of the year for over paying during the year.</span>
Answer and Explanation:
c. [(price of basket of goods and services in current year - price of basket in base year) / price of basket in base year ] x 100
Answer:
C. Increased personal computer purchases in response to a decline in their price
E. Greater use of fuel-efficient cars after gasoline prices increase
Explanation: