Personality Test

The gap between exports and imports in a nation's economy is called the ___________. trade surplus trade balance trade deficit t

labwork [276]

Trade balance should be right

7 0

3 years ago

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Consider a hypothetical closed economy in which households spend $0.70 of each additional dollar they earn and save the remainin

MAVERICK [17]

(a) Marginal propensity to consume (MPC) = 0.7

(b) Multiplier of this economy:

= 3.33

(c) Decrease government purchases by $300 billion,

Initial change in consumption = Change in government purchases × MPC

= $300 × 0.7

= -$210 billion

(d) This decreases income yet again, causing a second change in consumption equal to:

= Initial change in consumption × MPC

= -$210 × 0.7

= -$147 billion

(e) The total change in demand resulting from the initial change in government spending is:

= Change in government purchases × Multiplier

= $300 × 3.33

= -$1 trillion

6 0

2 years ago

For its newest gaming console, Star Electronics decides to tell consumers about the product by placing a full-page advertisement

m_a_m_a [10]

The magazine ad which helps the firm to tell prospective consumers about the electronic product is as example of channel of communication in communication process.

<h3>What is a channel of communication?</h3>

This are different mediums through which a firm or sender send its message to its intended audience.

Therefore, the magazine ad plays the role of a channel of communication because its helps to tell prospective consumers about the its electronic product

Read more about channel of communication

<em>brainly.com/question/771405</em>

8 0

2 years ago

Careers in the Hospitality and Tourism career cluster are

son4ous [18]

Answer:

The correct answer is: B. Bountiful and expected to continue to grow.

The tourism and hospitality industry is a fast growing and developing industry, so in the future, it is expected to grow, and become more bountiful.

Let me know if this helps!

8 0

2 years ago

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Suppose there are 6 firms in an industry with the following market shares. if the two smallest firms want to merge, how will the

Semenov [28]

The firms will not be allowed to merge if the two smallest firms want to merge. Thus, option D is correct.

<h3>What is a merger?</h3>

Anytime two businesses combine to create a new business, it is called a merger. Businesses merge in order to enhance their sales volume, diversified their product portfolio, decreased risk and rivalry, and maximize profits.

If the firm wants the people to merge the two companies then that means that there will be some issues that being there in the merger as they will imply that the corporate will have to take permission. Therefore, option D is the correct option.

Learn more about mergers, here:

brainly.com/question/1086715

#SPJ4

The question is incomplete, the complete question will be:

Firm 1: 30 Firm 2: 25 Firm 3: 25 Firm 4: 10 Firm 5:7 Firm 6:3

The firms will be challenged because the merger will raise the HHI by more than 50 points.

The firms will be allowed to merge and compete with the larger firms.

The firms will be challenged because the merger will raise the HHI by more than 100 points.

The firms will not be allowed to merge

The firms will be challenged because the merger will raise the HHI by more than 250 points.

3 0

1 year ago