Answer:
The correct answer is $250 billion.
Explanation:
An economy is operating at an output level of $4,000 billion.
The potential output level is $5,000 billion.
The marginal propensity to consume is 0.75.
The recessionary gap is
= $5,000 billion - $4,000 billion
= $1,000 billion
ΔY = 
$1,000 = 
$1,000 = 
$1,000 = 
ΔG = 
The change in income required to correct this recessionary gap is $250 billion.
option D is the correct answer - $254094
<u>Explanation:</u>
<u>As per the given data in the question, the following is used to calculate the net cash from the operating activities.
</u>
<u>Net Income = 265307
</u>
Add : Depreciation = 27888
Less Increase in Account receivable = (17637)
Less Increase in Closing stock = ($28123)
Add : Prepaid Expenses ( Decrease) = 2852
Less: Decrease in Accounts payable = (4066)
Add: Loss on sale of Asset ( not Operating in nature) = 7873
Therefore, the Net cash from operating activities = $254094
Answer:
$2
Explanation:
Given that
The fixed cost = $100
Cost on wool if 10 sweater are made in a month = $15
Cost on wool if 11 sweater are made in a month = $17
Since it involves no other cost
So, the marginal cost of the eleventh sweater is
= Cost on wool when 11 sweater made in one month - Cost on wool when 10 sweater made in one month
= $17 - $15
= $2
