The type of expenditure gap that's illustrated in Kittyville's economy is a recessionary expenditure.
<h3>What is expenditure gap?</h3>
It should be noted that an expenditure gap is when the demand for goods and services is more than the production.
In order to correct the gap, the economy hired the economist who suggested that there should be an increase in government spending and decrease in taxation.
Also, the change in government spending will be:
= Change in income b× (1 - MPC)
= $200 × (1 - 0.9)
= $20 billion.
Learn more about expenditure on:
brainly.com/question/935872
Answer:
D
Explanation:
This will help her develop journalism skills at a younger age
Answer:
The correct answer is letter "D": A&B.
Explanation:
Managers have several functions within an organization. Among them, they must <em>analyze information </em>-the accounting books of the company- to find out what products have maximized their production process and which ones have not. Besides, they must relate that information to the number of sales the company is processing given a certain period.
Thus, what is the best and low-selling products of a firm are questions that managers must ask to explore its<em> strengths, weaknesses, and opportunities</em>.
The first law of demand states that as price increases, less quantity is demanded. This is why the demand curve slopes down to the right. Because price and quantity move in opposite directions on the demand curve, the price elasticity of demand is always negative.
plz mark me as brainliest :)