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
d1i1m1o1n [39]
4 years ago
11

People decide to save 25 percent of their incomes. The value of the marginal propensity to consume is ________ and the value of

the spending multiplier is ________.
Business
1 answer:
Novosadov [1.4K]4 years ago
8 0

Answer:

0.75

4

Explanation:

Marginal propensity to consume is the proportion of income that is consumed.

It is assumed that deposable income is either saved or spent.

So if 25% of income is saved, (100% - 25%) 75% is spent.

Spending multiplier = 1 / marginal propensity to save = 1 / 0.25 = 4

You might be interested in
If Laura is aggressive and someone bumps into her, what is most likely her<br> response?
iren [92.7K]

Answer:

That she would be mad , hit them,

5 0
3 years ago
Leo is a welfare recipient who qualifies for two means-tested cash benefit programs. If he does not earn any income, he receives
lubasha [3.4K]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

If he does not earn any income, he receives $225 from each program. For each dollar he earns (which his employer is required to report to the welfare agency), his benefit from each program is reduced by 75 cents until the benefit equals zero.

Each program= 225

Combined earnings= 225*2= 450

6 0
4 years ago
traci budgeted $770 for fixed expenses and $530 for living expenses per month. She has no annual expenses. Her annual net income
Nuetrik [128]

ANSWER: Surplus by $1,152

EXPLANATION: Traci had a budget of $770 for fixed expense and $530 for living expenses per month which adds up to $1,300 expenses per month. Since she has no annual expense, her yearly total expense would be $15,600.

Traci earns $16,752 so by subtracting her expense from income, we get $16,752 - $15,600 = $1,152

7 0
4 years ago
Read 2 more answers
20.Assume that you just graduate and get a job. You will work for 40 years and save each year before you retire. During retireme
amid [387]

Answer:

How much money will you need to have at the moment you retire?

  • $1,287,858

How much money do you need to save every year before retirement?

  • $4,971.33

Explanation:

we have to first determine the amount of money you need to finance your retirement distributions:

using the annuity due present value formula, PV = annuity payment x annuity due factor (PV, 8%, n = 40)

PV = $100,000 x 12.87858 = $1,287,858

now we must use the ordinary annuity future value formula, FV = annuity payment x annuity factor (FV, 8%, n = 40)

annuity payment = FV / annuity factor = $1,287,858 / 259.057 = $4,971.33

4 0
4 years ago
Myrtle Flower Company, sends its management trainees to an assessment center. There, the employees are assigned to small groups
soldi70 [24.7K]

Answer:

leaderless group discussion

Explanation:

Based on the scenario being described it can be said that the type of term for this type of development exercise is a leaderless group discussion or LGD for short. This exercise focuses on placing individuals in a group in order to work together on solving specific problems without help from a trained professional or expert in the matters that they are dealing with.

6 0
3 years ago
Other questions:
  • Match the financial institutions with the features.
    8·1 answer
  • Jones of San Diego sold Long of Baton Rouge a video system with a $6,000 list price. Sale terms were 2/10, n/30 FOB San Diego. J
    9·1 answer
  • Complete the sentence.<br> Citations may cause your __________________ to increase.
    5·2 answers
  • Your text discusses several challenges facing managers today. As Cook continues to grow Apple, he is likely to encounter which o
    13·1 answer
  • After determining that someone has had too much to drink, there are eight steps you should take to cut someone off. What is the
    13·1 answer
  • Additional information:1. Accounts receivable decreased $360,000 during the year.2. Prepaid expenses increased $170,000 during t
    12·1 answer
  • e. Which of the following statements is true? Deflation means that the price level is falling, whereas with inflation the inflat
    11·2 answers
  • In general, as price increases, demand decrease? True or False.
    14·2 answers
  • T or F #9 LAST ONE QUICKLYYY
    7·1 answer
  • On January​ 31, 2021​, Pristar ​Logistics, Inc., issued 10​-year, 5​% bonds payable with a face value of $5,000,000. The bonds w
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!