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weqwewe [10]
3 years ago
11

Imagine that an economic recession erodes consumer confidence. As a result, the marginal propensity to consume drops from .8 to

.6. If the government tries to stimulate the economy by increasing government spending, will the spending be more or less effective at MPC?
Business
1 answer:
Serga [27]3 years ago
8 0

Answer:

Increased government spending will be less effective for raising the Marginal Propensity to Consume.

Explanation:

The Marginal Propensity to Consume depends on disposable income, and disposable income is the money that individuals have after paying tax.

If the government increases spending, it will also increase taxes to finance spending, and if taxes are higher, people will have less disposable income, and even if their marginal propensity to consume increases, because they now have less money, the will spend less in total.

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Free life, New Hampshire has a labor force of 80,500 persons and employment of 75,000. The unemployment rate for the city is: Gr
GaryK [48]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

New Hampshire has a labor force of 80,500 persons and employment of 75,000.

The unemployment rate is calculated by dividing the unemployed people by the total labor force.

Unemployed population= 80,500 - 75,000= 5,500

Unemployment rate= 5,500/ 80,500= 0.068= 6.8%

4 0
4 years ago
Whom does inflation hurt the most?
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Answer:

consumers

Explanation:

Inflation is the losing buying power of money through time. If a consumer is paying 5∈ for a milk carton in 2019 with an inflation of 3% for 2020 the same milk carton will cost 5∈ and 15 cents. At the end inflation of prices is always paid by consumers

7 0
3 years ago
Are good places to look to find your current expenses when building your budget.
Pani-rosa [81]

Answer:

C)Bank and credit statements

Explanation:

The good places to look to find your current expenses when building your budget is "Bank and Credit Statements"

This is because the credit statement is a document showing a list of transactions or money spent on goods or expenses made. This credit statement can be gotten from a bank of the person whose credit statement is under analysis or credit union.

Hence, in this case, the correct answer is Bank and credit statement.

4 0
3 years ago
Economists would describe the u.s. automobile industry as
Fudgin [204]

Answer:

an oligopoly.

Explanation:

4 0
3 years ago
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Mary Lamb is an insurance sales representative. Her company has provided her with a laptop computer that uses wireless connectiv
AfilCa [17]

Answer:option A is correct.

Explanation:

She is having a conceptual-level schema which allows her to the data of sales and records

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