Answer:
$10 billion
Explanation:
You can find the spending multiplier by 1/MPS+MPI but since only MPS is given, 1/.2 = 5
We can use this to find how much the government injects into the economy to boost is 50 billion.
50 / 5 = $10 billion
Answer:
True
Explanation:
because they are I hope its right
Answer:
B. It is generally associated with self-managed work groups
Explanation:
- The socio-technical system to the work design is a system of the organization development and is an approach to the complex organization that recognizes interaction between the people and the world design in places and refers to the complex societies infrastructure and the socio-technical theory was pointing to the shift in the emphasis and considers the team or the groups as the primary unit of analysis.
Answer: The cost is the increase in personal income tax rate, The benefit is the control of level of demand in the economy
Explanation:
Fiscal policy is the economic policy which has to do with the raising of revenue through taxation and other means and deciding on the level and pattern of expenditure. The fiscal policy is the responsibility of the executive branch of government handled by the ministry of finance. The fiscal policy can either be a expansionary fiscal policy or contractionary fiscal policy. It is expansionary when the expenditure is channelled towards the provision of capital projects aimed at increasing the level of liquidity in the economy. It can be a contractionary fiscal policy when the personal income tax rate is increased aimed at reducing the ability of people to buy more goods and services in the economy. Therefore, we can conclude the use of fiscal policy as a tool to pursue the goal of economic growth is to ensure that through the level and pattern of budgetary provisions and the means of financing the government can control the level of demand in the economy
Answer:
64.17% and 8%
Explanation:
The computation of the percentage is shown below:
For the cost of goods sold, the percentage would be
= (Cost of goods sold ÷ Sales) × 100
= ($77 million ÷ $120 million) × 100
= 64.17%
For the net income, the percentage would be
= (Net income ÷ Sales) × 100
= ($9.6 ÷ $120 million) × 100
= 8%
Simply we put the sales in denominator side and costs of goods sold or net income in numerator side