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zhenek [66]
3 years ago
15

Assume that the MPC is 0.75. Full employment is considered to be at a GDP level of $500 billion. The GDP is $600 billion. What s

hould the government do to achieve full employment? increase spending by $25 billion reduce spending by $100 billion increase spending by $10 billion reduce spending by $25 billion
Business
1 answer:
serg [7]3 years ago
3 0
The total is 500.75 because if you add them you will get that answer
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If consumer has rational, monotonic and convex preferences, which of the following is true concerning the substitution effect of
Zanzabum

Answer:

It will lead to an increase in consumption of good X only if X is a normal good ( D )

Explanation:

If consumer has rational, monotonic and convex preference the decrease in price of good X will lead to an increase in consumption of good X only if X is a Normal good .

This is because the demand for Normal goods increases with increase in consumers income. therefore <em>a decrease in price will automatically lead to an increase in demand because of the increase in the purchasing power of the consumer's income.</em>

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Can I get an example of a run on sentence
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3 years ago
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Answer:

His behavioral intention is being most affected by <u>Personal Attitude</u>

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Rick and Joe get together and start a mortgage brokerage business. They each contribute $25,000 of capital to the business. Afte
olga2289 [7]

Answer: a common stock.

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Greeley [361]

Answer:

Explanation:

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menu = {"ice cream": 4.95, "cookies": 2, "candy": 1}

cookie_price = menu.get("cookies")

print(cookie_price)

7 0
3 years ago
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