Answer:
O Savings and loan associations
Savings and loan associations- best financial for businesses and contractor. Big benefits, big short-term loans.
Answer:
d
Explanation:
just trust my last few brain cells
Bacteria, Viruses, Fungi, Parasites.
Answer:
it promotes specialization by overcoming the problems with barter.
Explanation:
When economies are specialised workers focus on producing what they have competitive advantage in, and all other goods are purchased with the use of money. This increases economic efficiency and improves quality of products.
On the other hand the barter system involves exchange of goods between people. To get what I want I must provide the other person what they want. This promotes diversity of production with one person producing wide range of goods he does not have competitive advantage in.
So money increases economic efficiency.
Answer:The answer is $134billion
Explanation:
Initial increase in spending = $20billion
Marginal propensity to consume = 0.85
To calculate increase in spending, we use the formula for multiplier
K = 1 / 1 - MPC
K = 1 / 1 - 0.85
K = 1/ 0.15
K = 6.66
K = 6.7 approximately
To calculate how much the spending increase
We use the formula
K = change in national income / change in government spending
6.7 = change in national income / $20 billion
We cross multiply
Change in national income = 6.7 × $20billion
Change in national income = 134billion
Therefore the total spending increase by $134billion
