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
son4ous [18]
3 years ago
7

Suppose the GDP is in equilibrium at full employment and the MPC is .80. If government wants to increase its purchase of goods a

nd services by $16 billion without causing either inflation or unemployment, taxes should be: A. Increased by $20 billion B. Reduced by $16 billion C. Increased by $16 billion D. Reduced by $20 billion
Business
1 answer:
garri49 [273]3 years ago
3 0

Answer:

A) increased by $20 billion

Explanation:

The Change in government spending should have a corresponding increase of the MPC multiplied by the change in taxes.

Therefore,

$16billion = 0.8 × change in taxes

Change in taxes = $16billion /0.8 = $20 billion(increase)

You might be interested in
job ________ involves division of an organization’s work among its employees and application of motivational theories to jobs to
jeka94
Dfhtddffgvcdfgggvvcdcvbhhjjjjjjjjrr the Eder
6 0
3 years ago
What is the distinction between​ cross-sectional data and​ time-series data?
AleksAgata [21]

Answer:

B. ​Cross-sectional data provides information about economic behavior at an instant in​ time, while​ time-series data provides information about how an economic variable behaves over time.

Explanation:

There are two types of data, transverse data and time series data. Cross-sectional data is data that exists at a single point in time. For example, data from an observational survey or sales from a firm. Time series data are data that require intertemporal analysis, such as a country's inflation and GDP data, which should be analyzed for evolution. In other words, time series data are analyzed in a manner dependent on the previous period. Current month's inflation depends on the previous month's inflation analysis.

4 0
3 years ago
What law organized a way to divide and sell the land in the northwest territory?
padilas [110]
The land ordinance of 1785 was the law that organized a way to divide and sell the land in the northwest territory.  This law was the Ordinance of 1784 which was the resolution written by Thomas Jefferson who aims at the congress in order to call for an action. The law wants to fathom the mode of locating and disposing the lands in western territories in order to be used in other purposes.
8 0
3 years ago
Laura is an 18-year-old student. She is going to open a checking account with an initial deposit of $100. She plans to then have
joja [24]

Answer:

the answer would be bankright because if u add 300 x 12 that would be 3,600 dollars and since shes 18 and that discount that would be five dollars and the monthly fee is 5 dollars. that would be 60s all together and she would have closest to to the her wanted amount so yeah.

Explanation:

brainliest pls

6 0
3 years ago
Read 2 more answers
Ag Class - Select the four jobs with projected growth over 10 percent.
Rashid [163]

Answer:

1,3,7

Explanation:

8 0
3 years ago
Other questions:
  • Carmel Company has a frequent buyer program for its customers, where the customers can attain an "elite" level based on the numb
    6·1 answer
  • Which act granted married women equal rights in insurance, banking, real estate, contracts, divorce, child custody, and property
    11·2 answers
  • In order to isolate a subset of records from an open form or datasheet that will be needed only temporarily, a set of criteria m
    8·1 answer
  • At December 31, Gill Co. reported accounts receivable of $238,000 and an allowance for uncollectible accounts of $600 (credit) b
    5·1 answer
  • When inventory declines in value below original (historical) cost, and this decline is considered other than temporary, what is
    7·1 answer
  • The amount of the average investment for a proposed investment of $218,000 in a fixed asset with a useful life of four years, st
    7·1 answer
  • SEND HELP PERSONAL FINANCE TIMED TEST
    5·1 answer
  • Velocity, a consulting firm, enters into a contract to help Burger Boy, a fast-food restaurant, design a marketing strategy to c
    11·1 answer
  • Stacy accidentally added a new transaction to her bank register via the bank feed that should have been matched to an existing t
    15·1 answer
  • When did the FBI establish?
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!