Answer:
The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.
Explanation:
a) Spending multiplier = 1/(1 - MPC)
= 1/(1 - 0.8)
= 5
The required shift in spending = change in GDP/spending multiplier
= $40 billion/5
= $8 billion
Therefore, The by $10 billion would government spending have to rise to shift the aggregate demand curve rightward by $40 billion.
Answer:
the rancher.
Explanation:
According to my research on land ownership benefits, I can say that based on the information provided within the question the person that owns the oil would be the rancher. This is because the rancher is the owner of the parcel of land, which usually includes the mineral rights to that piece of land. If the land ownership does not include the mineral rights then whoever owns these rights also owns the oil.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Option 2 is only correct.
Explanation:
The reason is that the physical capital is the physical assets used for production of goods and services whereas the Technological knowledge refers to the knowledge of increasing the productivity by utilizing physical capital. So these two statements were incorrect.
The second statement is correct because the better tools or technology we have the better we can produce. This means these technological tools helps workers to produce more so the statement is correct.
