The spending that would occur during the third round of spending if the marginal propensity to consume (MPC) was 0.6 will be $420 billion.
- Increase in expenditure = $700 billion.
- Marginal propensity to consume = 0.6
The amount of spending based on the information given will be:
= 0.6 × $700 billion
= $420 billion.
Therefore, the correct option is $420 billion.
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Answer:
for ten years please thanks
You eat at the time you need to and they service you
Evidence based management encourages managers to make facts and logic the foundation of their approach to decision-making.
<h3>What is meant by evidence based management?</h3>
This s the term that has to do with the type of management that is more likely involved with the ability of a person to engage in critical thinking. It is the type of management that lays aside feelings and relies instead on the ability of people to think and come up with facts.
Hence we can ay that Evidence based management encourages managers to make facts and logic the foundation of their approach to decision-making.
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