Answer:
The answer would be D) The market clearing price is where quantity demanded is equal to quantity supplied.
Explanation:
Real estate experts should not provide advice
on tax implications. this is because to offer such an advice the expert need training and knowlidge on state and federal tax laws. Tax laws are complex and varies from state to state which requires a considerable high level training. ina ddition, the laws keep on changing as new budgets are read,and the expert may not be conversant with any change.
Im pretty sure its 2) Fixtures
Sorry if its wrong
Answer:
recessionary gap = 8 billion
so correct option is c) $8 billion
Explanation:
given data
MPC = 0.80
GDP = $40 billion
to find out
the size of the recessionary gap
solution
we get here first Multiplier that is
Multiplier =
..................1
Multiplier = 
Multiplier = 5
so recessionary gap will be
recessionary gap =
................2
recessionary gap = 
recessionary gap = 8 billion
so correct option is c) $8 billion