Answer:
$725 billion
Explanation:
Given that,
Current level of output = $600 billion
Increase in government expenditure = $25 billion
Nation’s MPC = 0.8
Multiplier = 1 ÷ (1 - MPC)
= 1 ÷ (1 - 0.8)
= 5
Therefore, the nation’s new level of total output:
= Current level of output + (Change in government expenditure × Multiplier)
= $600 + ($25 × 5)
= $600 + $125
= $725 billion
Answer:
develop a plan
Explanation:
President Roslin of Country XYZ knows that a new policy is needed to help solve the problem of rising unemployment in her nation. Her next step is to develop a plan.
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Musical instruments are grouped into families based on how they make sounds. In an orchestra, musicians sit together in these family groupings. But not every instrument fits neatly into a group. For example, the piano has strings that vibrate, and hammers that strike.
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Answer:
1) A: Gross wages do not represent a decrease in net cash received on an employees paycheck. The gross wage s what the employee would have earned if no deductions were made.
2) C: Year to date summaries on a paycheck stub accumulate salaries and deductions in the same way an income statement accumulates revenues and expenses over a period.
3) B: At the end of each accounting period temporary accounts have to be set to zero. Their balances are transferred to permanent accounts.
