Answer:
Explanation:
Here's the answer!! Hope this helped...
Answer:
a. 0.8
b. 5
c. 0.9 and 10
Explanation:
a. The formula to compute the MPC is shown below:
= (Change in consumption) ÷ (Change in investment income)
= $16 billion ÷ $20 billion
= 0.8
b. The formula to compute the size of the multiplier is shown below:
= 1 ÷ (1 - MPC)
= 1 ÷ (1 - 0.8)
= 1 ÷ 0.2
= 5
c. If the change of the consumption increases, then the MPC would be
= (Change in consumption) ÷ (Change in investment income)
= $18 billion ÷ $20 billion
= 0.9
And, the size of the multiplier would be
= 1 ÷ (1 - 0.9)
= 1 ÷ 0.1
= 10
This is a tricky answer, because:
the length of the loan, the interest rate, and the down payment will all affect the total cost of the loan
--BUT--
your credit history can help determine the interest rate you are offered, the length of the loan offered, and the downpayment required.
I think this is an unfair question, but the answer the teacher is looking for is A. credit history because it has an INDIRECT effect on total cost and not a DIRECT effect like the others.
Answer:
Concentration of Media ownership
Explanation:
Many sad consequences have risen due to this growing trend such as:
1. American media are becoming more loyal to advertisers and government rather than to remain neutral or loyal to the public interest.
2. The elites are controling media information.
Also leading to corporate censorship of the mass media.
Answer:
Average total cost is rising
