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Alexandra [31]
3 years ago
12

If the marginal propensity to consume is 0.50​, how much would government spending have to rise to increase output by ​$10 comma

000 ​billion
Business
1 answer:
gizmo_the_mogwai [7]3 years ago
5 0

Answer:

$5,000 billion

Explanation:

We know that

Government spending multiplier = 1 ÷ (1 - marginal propensity to consume)

Government spending multiplier = 1 ÷ (1 - 0.50)

Government spending multiplier = 1 ÷ 0.50

So, Government spending multiplier = 2

If the output is increased by $10,000 billion then, the government spending would rise by

= Output ÷ Government spending multiplier

= $10,000 ÷ 2

= $5,000 billion

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Answer:

$330

Explanation:

The computation of the dividend income received as on July 31 is shown below:

where,

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So, the dividend income received is

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We simply applied the above formula to determine the dividend income received

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3 years ago
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What do economists call the shift of the entire curve?
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5 0
2 years ago
A broker listed a $75,000 property and the agreement read that the owner would NOT take more than a 25% cash offer. The broker p
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Answer:

The correct answer is  - No,

Explanation:

The correct answer is  - No,

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Therefore the owner wouldn't consider the broker and didn't due broker commission.

8 0
3 years ago
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Answer:

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I hope this information can help you.

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