Jacob's consumption increased by <u>$12,000</u>.
<h3>What is the marginal propensity to consume?</h3>
The marginal propensity to consume is defined as the proportion of an increase in income that a consumer consumes instead of saving.
<h3>Data and Calculations:</h3>
Amount of disposal income in 2019 = $30,000
Amount of consumption in 2019 = $20,000
Increased disposal income = $40,000
Marginal propensity to consume = 0.8
Increase in consumption = $12,000 ($40,000 x 0.8 - $20,000)
Thus, Jacob's consumption increased by <u>$12,000</u>.
Learn more about marginal propensity to consume at brainly.com/question/17930875
The correct answer to this open question is the following.
No, the repeal of Prohibition did not cause severe dust storms in the Great Plains.
What happened in the Great Plains when severe drought followed the removal of native grasses was that strong winds blew away topsoil and created a Dust Bowl.
In the 1930s, the Great Plains lived difficult moments when severe dust storms hit this region of the United States. The dryness due to lack of water, the removal of native grasses, combined with climate conditions, produced these dust storms that killed animals and ruined the crops. There was no way to keep on farming the land and people had to move to the Pacific West, to California, where they had to start a new life.
Answer:
Gutenberg's invention was profoundly important. It launched a revolution in printing. It allowed manuscripts and books to be mass-produced cheaply. It eventually helped increase literacy throughout Europe because more people had access to literature.
Reliable should be the answer
The correct answer to this open question is the following.
Unfortunately, you forgot to attach the statement of Robert F.Kennedy, the excerpt, or a link to it. We do not what it is.
However, trying to help you, we can answer the question using our knowledge of the topic.
According to Robert F. Kennedy, the lesson that needed to be learned was that the ultimate victory in Vietnam War was going to be very difficult to obtain. This created some turmoil in American politics in the Lyndon B. Johnson administration to the degree that Kennedy proposed a plan to end the war.
The plan included three unnegotiable points that were: no more bombing of North Vietnam, and the gradual withdrawal of the US soldiers and North Vietnam soldiers from South Vietnam.
The plan was not accepted by Dean Rusk, who was the Secretary of Defense.