Answer:
A) 20 billion
Explanation:
Y = AD
= C + I + G
C = A + cY
A - Autonomous Consumption
c - MPC
Y = A + cY + I + G
Y - cY = A + I + G
Y(1 - c) = A + I + G
Y = (A + I + G)*1/(1 - c)
Taking derivative with respect to goverement purchase
dY/dG = 1/(1 - c)
( here d is represting del we are representing partial derivative.)
1/(1 - c) = Multiplier
dY = Multiplier*dG
= 5*15
= 75
75 = horizontal distance between AD1 & AD2
55 = horizontal distance between AD1 & AD3
Extent of crowding out = 75 - 55 = 20
Therefore, the Extent of crowding out is 20 billion.
Answer:
The computation is shown below:
Explanation:
The journal entries are shown below:
a. Account payable $70,000
To Notes payable $70,000
(Being the issuance of the note is recorded)
b. Note payable $70,000
Interest expense $1,575
To Cash $71,575
(Being the payment of the note at maturity date including interest is recorded)
The computation is shown below:
= $70,000 × 9% × 90 days ÷ 360 days
= $1,575
We assume 360 days in a year
Now the effects on the accounts and the financing statement for issuance of the note is shown below:
Balance sheet
Assets = Liabilities + Stockholder equity Income statement cash flow statement
No effect = Account payable - $52,000 + No effect No effect + no effect
Note payable + $52,000
emission of greenhouse gases
Greenhouse gases are naturally present in the atmosphere in order to keep the earth warmer by trapping some of the sun's rays on earth. Greenhouse gases include water vapor, carbon dioxide, methane, nitrous oxide, ozone, chlorofluorocarbons, and hydrofluorocarbons.
Human activities contribute to the emission of greenhouse gases in the atmosphere through fossil fuel use, industrial processes, and intensive livestock farming, among others. Emission of large amounts of greenhouse gases can increase their natural levels in the atmosphere, possibly resulting to global warming.
Answer:
The shortage is partly because of the failure of the national education and training system to supply the economy with much-needed skills.
Answer and explanation:
Democracy is the state in which individuals of a community make decisions collectively being the interest of most people prioritized. A pure form of democracy is difficult to find even in countries that highly promote equal rights such as the United States.
The Democracy Index is a composite that measures democracies in 167 countries scoring them from 1 to 10 (10 is the highest grade). In 2019, The U.S. was positioned in the 25th place in the list of most democratic countries. <em>Norway </em>is placed in the first place followed by <em>Iceland</em>.
In such a case, <em>we should recommend our friend to take a look at the Democracy Index where he or she will find out that the U.S. is not one of the fairest nations in the world. Its government functioning and political participation are aspects where the U.S. needs improvement.</em>
