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
user100 [1]
3 years ago
12

assume that autonomous consumption is $1610 billion and disposable income is $11,200 billion. Using the consumption function, ca

lculate consumption expenditure
Business
1 answer:
Viefleur [7K]3 years ago
6 0

Answer:  $9,226

Explanation;

The consumption function is;

Consumption = Autonomous consumption + (Marginal Propensity to consume * Disposable income)

Marginal Propensity to Consume;

=Increase in consumption expenditure/  Increase in Disposable income

= 680/1,000

= 0.68

Consumption = Autonomous consumption + (Marginal Propensity to consume * Disposable income)

= 1,610 + ( 0.68 * 11,200)

= $9,226

You might be interested in
About economic.... question of demanded​
Veseljchak [2.6K]

Answer:

please could you say the question or be more elaborate

8 0
3 years ago
In preparing a company's statement of cash flows for the most recent year, the following information is available:
Butoxors [25]

Answer:

- $ 138,000

Explanation:

The investment activities includes the transaction done on purchasing the equipment and selling the land.

Thus, for the given question

The list of investment activities:

Purchase of Equipment = - $ 149,000  

Proceeds from Sales = $ 130,000  

Purchase of Land = - $ 119,000

here, the negative sign depicts the amount is paid

thus, the net cash flow from the investment activities

= - $ 149,000 + $ 130,000 + (- $ 119,000)

or

the net cash flow from the investment activities = - $ 138,000

3 0
3 years ago
Read 2 more answers
While the personal computer industry is flooded and growing with laptops and tablets, Malik recently bought a desktop, his first
kolezko [41]

Answer:

A: Laggards.

Explanation:

  • Willingness of customers to try out new products.

There are 5 types of adapters, identified by Sociologist Evrett Roger in 1962:

  1. Laggards.
  2. Early adopters.
  3. Early majority.
  4. Category captains.
  5. Late majority.

Laggards: These are those customers who adopt to new ways slowly, after those ways would have become normal for the world.

  • Such as malik realized the essential need for laptop lately, however the market was filled with the product.
6 0
3 years ago
A country is closed. It has no government sector, and its aggregate price levels and interest rates are fixed. Furthermore, the
lutik1710 [3]

Answer:

The country has closed economy; it means there is no other trading relation with, outside countries. Export imports do not affect the economy of the country, and here is no government interference as mentioned in the question. This is a self sufficient country, its demand fulfilled from inside of the country. So its aggregate price levels and interest rate are fixed. MPC or the marginal propensity to consume indicates whether there is an increase in disposable income or increase in consumption. Here consumption increases equal to the increase in the income.

MPC = ΔC /ΔY which is constant here.

The increase in income in this country is mostly permanent and increases in a fix period of time and proportionately.

C= 200 +0.75 YD (YD is disposable income), Y=75, GDP =$900

The economy achieves it’s equilibrium level when supplies meets demand or the GDP is equals to it’s total expenditure. MPC is a fraction between 0 and 1 , MPC means a change in consumption brings the change in YD . here the MPC is equals to MPS which means the change in saving bring by the change in disposable income. All income here saved or consumed. So the change in income equals to the change in consumption or saving.

MPC+ MPS = 1

So the average propensity to consume is proportionate to income which is spend on consumption. APC= C/ YD. And the average proportionate to save is equals to income saved APS= S/YD . so here APC +APS = 1. The increase in production or price leads to the increase in the total value of output, that is the equilibrium condition.

Explanation:

3 0
3 years ago
which of the following is often served as a palate cleanser between courses? A. ice cream B. fresh fruit C. sherbet D. bread
Galina-37 [17]
C. Sherbet.

The citrus's <span>acidic sweetness to clear the taste buds.</span>
3 0
3 years ago
Read 2 more answers
Other questions:
  • 1. Use the given th term rules to find given<br>sequence 3n+ 1 (5th and 7th term)​
    6·1 answer
  • Define the term hidden job market. then list three strategies
    9·1 answer
  • Bellingham Company produces a product that requires 2.3 standard pounds per unit. The standard price is $3.45 per pound. 15,700
    14·1 answer
  • Question 13 a scientific theory is one that: is supported by many years of experimentation all supporting the hypothesis. is bas
    10·1 answer
  • Josh purchased 100 shares of XOM for $76.63 per share at the beginning of 2007. He received dividends per share of $1.37 (2007),
    8·1 answer
  • What does the price of diesel fuel in russell ks have to do with the price of bread in boulder co?
    7·1 answer
  • Spartan Corporation, a U.S. corporation, reported $2 million of pretax income from its business operations in Spartania, which w
    9·1 answer
  • How have or will external factors result in the overhaul of a traditional industry of your choice (such as retail or any other)
    11·1 answer
  • A fair coin is tossed 3 times in a row. What is the probability that heads appears on only the last toss?
    13·2 answers
  • ​________ is the second step in the target marketing process. in this​ step, marketers evaluate segments and decide which segmen
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!