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Ilia_Sergeevich [38]
3 years ago
7

As an elected official, you have been informed that real GDP is below its potential and that action should be taken to encourage

economic growth and bring the economy to its long-run equilibrium. The marginal propensity to consume is 0.6, and the amount of new government spending is $700 billion.
What is the multiplier?
Business
1 answer:
telo118 [61]3 years ago
8 0

Answer:

The answer is 2.5

Explanation:

Mpc = marginal propensity to consume

Mps = marginal propensity to save

Multiplier = 1/ 1-mpc= 1/ mps

Multiplier = 1/ 1-0.6 = 1/ 0.4 = 2.5

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URGENT!
djyliett [7]

Answer : all of the above

I think this is the answer.

3 0
3 years ago
A generation ago, ketchup was an essential element of every American pantry and salsa was a relatively unknown product. The popu
s344n2d4d5 [400]

Answer:

  • Social

Explanation:

PESTLE analysis is a tool to identify those external factors which influences organization.

P: Political Factors influencing organization's performance.

E: Economical Factors creating hurdles in the way of the organizations.

S: Social Factors account for changed behavior of consumers towards organization.

T: Technological Factors playing it's role in influencing organizational performance.

L: Legal Factors accounting for legal barriers for the organizations.

E: Environmental Factors affecting companies but no one pays attention to it.

  • Salsa's increased popularity is represented by Social Factor: As belief is the most vital element which has effect on consumers decision making a company's growth or loss can be accounted for it. Not just belief the demographics and the attitude of people towards general issues can play their roles as well.
3 0
3 years ago
Natalie wants to make a 25% profit on her $70,000 land investment (there is no mortgage). She figures agents charge a 6% commiss
Ksju [112]

Natalie wants to make a 25% profit on a $70000 sale. That would be:

(125 ÷ 100) × 70000 = $87500.

Natalie wants to make $87500. But the agent would charge a 6% for the sale, Natalie will add a 6% to the $87500, that would be:

(106 ÷ 100) * 87500 = $92750.

On this $92750, there's a closing cost of $1200,

Add $92750 + $1200 = $93950.

$93950 to the nearest hundred will be $94000.

Natalie should make the final sale price $94000 in order to make a profit of %25.

7 0
3 years ago
Read 2 more answers
NEED HELP ASAP
katovenus [111]

Pierre engaging in such actions is known as rationalizing.

When a person rationalizes a decision they:

  • <em>T</em><em>ry to prove that what they did isn't bad </em>
  • <em>C</em><em>ome up with some sort of reasoning to support their decision </em>

Pierre is clearly doing something wrong here by increasing expenses more than they are supposed to be. He however convinces himself that what he is doing is not bad because no one will notice.

He is therefore coming up with reasons to prove that what he is doing is not bad and we can conclude based on this fact that he is engaged in rationalizing his behavior.

<em>Find out more at brainly.com/question/14453354.</em>

7 0
1 year ago
Which of the following examples should make a consumer leary to purchase from a business?
Mashutka [201]

Answer:

A. Limited information about the establishment on the company’s website.

Explanation:

A business is promising if they have complete information on their website. The credibility is made sure if the company has proper information that instigates trust among the consumer. The consumer can trust the company if they can reach it easily after the purchase and if the company has proper setup, both physical and virtual.

Therefore the correct answer is option A. Limited information about the establishment on the company’s website.

4 0
3 years ago
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