1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
svlad2 [7]
3 years ago
9

Assuming that the MPC = .75 and that prices are constant, which of the following fiscal policies would eliminate a recessionary

gap of $60 billion while maintaining a balanced budget?
Social Studies
1 answer:
Andru [333]3 years ago
5 0

Answer:

Increasing government spending by $60 billion while raising taxes $60 billion

Explanation:

If we do the multiplicator of Government spending which is equal to = 1/MPS

And MPS (marginal propensity to save) = 1 - MPC (marginal propensity to consume)

But MPC = 0.75

Hence multiplicator of Government spending  = 1/(1-0.75) = 4

If we look for the multiplicator of taxes = -MPC/MPS

But MPS = 1 - MPC

= -MPC/(1-MPC)

= -0.75/0.25 = -3

Hence if government spending is increased by $60 billion, GDP will be increased by 60 x 4 = $240 billion

Also if taxes are increased by the same amount, GDP will decrease by 60x3 = $180 billion

Hence this means that GDP will increase by 60 billion dollars, as the difference between the both is 240 - 180 = 60 billion dollars

You might be interested in
What is socialization?​
Anon25 [30]

Answer:

the activity of mixing socially with others.

7 0
3 years ago
Complete the analogy. Remember to find the relationship between the pairs of the words first, and then choose the word to comple
rjkz [21]

Answer:

As Feast of Section is to Christian, Eid al-Fitr is to Muslim.

Explanation:

The Eid al-Fitr also called the "festival of interruption of fasting" is an important Islamic holiday that is held every year after Ramadan, the Islamic holy month of fasting and renunciation. Muslims are not allowed to fast on that day. This holiday marks the end of a 29 or 30-day fast from sunrise to sunset.

Traditionally, Eid al-Fitr begins at sunset on the night of the first sighting of the crescent moon. If the moon is not observed immediately after the 29th day of the previous lunar month (either because the clouds block its view or because the western sky is still too bright when the moon sets), then the holiday is celebrated the following day.  Eid al-Fitr is celebrated for one to three days, depending on the country. It is forbidden to fast on the Day of Eid, and a specific prayer is nominated for this day. As an obligatory act of charity, money is paid to the poor and the needy (Arabic: Zakat-ul-fitr) before performing the 'Eid prayer'.

4 0
3 years ago
results from k. warner schaie's study reveal that intelligence test scores for more recent generations have:
Luda [366]

Results from k. warner schaie's study reveal that intelligence test scores for recent generations have increased.

As we age, our fluid intelligence might decline. Fluid intelligence is resolving issues and addressing novel things, like learning a replacement ability. As we age and accumulate new data and understanding, crystallized intelligence becomes stronger. As you would expect, this intelligence tends to extend with age.

Hence, we can conclude that Not creating identical mistakes when receiving feedback is that the best indicator of high intelligence. The most commonly used individual test series is the Wechsler IQ Scale (WAIS) for adults and the Wechsler Intelligence Scale for youngsters (WISC) for school-age test-takers.

To learn more about intelligence, visit here

brainly.com/question/9944825

#SPJ4

5 0
1 year ago
When Nathanial uses the Internet to check his personal email and sends instant messages to his friends during work hours, it is
pickupchik [31]

Answer: Cyber loafing.

Explanation: Cyber loafing is a term used to describe the actions of employees who use their internet access to work for personal use while pretending to do legitimate work. Cyber loafing is derived from the term goldbricking, which originally referred to applying gold coating to a brick of worthless metal. Today, both goldbricking and cyber loafing (along with cyber slacking and cyber bludging) are used to refer to this phenomenon. For companies that employ cyber loafers, this behavior leads to inefficiency.

3 0
3 years ago
What enabled wheat and apples to become key crops in Washington?
Anna11 [10]

Answer:

Irrigation

Explanation:

Washington's region typically receive very little rainfall. If the farmers relied on nature alone, many parts of Washington will most likely have to experience constant crop failure due to drought.

Irrigation allow these farmers to collect water from Columbia, Yakima, and Snake River watersheds. The water that they took from irrigation made them able to provide enough water for the crops to grow without having to rely on rain. Because of this, various types of crops such as apples and wheat can grow pretty well in Washington.

5 0
3 years ago
Other questions:
  • What does the term americanization mean?
    7·1 answer
  • When Rosa and Sergei realized that the poor were being neglected in their city, they mobilized the members of their church to se
    15·2 answers
  • _______ is the systematic way in which we fail to notice obvious and important information that is available to us.
    12·2 answers
  • What was the main cause of the French and
    14·1 answer
  • In the Churning of the Sea of Milk, you learned that ______________ vied for immortality by tugging on a serpent wrapped around
    10·1 answer
  • Without a powerful state capable of deterring crime, all citizens are vulnerable to predators; therefore, human survival is prom
    7·1 answer
  • Plsss answer Egypt thing
    13·1 answer
  • ¿Cuáles son los criterios en el eudemonismo aristotélico para alcanzar la felicidad?
    8·1 answer
  • Similarities between tradional and new media​
    5·1 answer
  • According to Gordon Allport, which type of personality traits are the most dominant?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!