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kramer
3 years ago
7

Write the multiplier for each increase or decrease of 18%

Business
1 answer:
Nana76 [90]3 years ago
4 0
Increase: 1.18
Decrease: 0.82
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The total product curve: a. will become flatter as output increases if there are diminishing returns to the variable input. b. w
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Your grandmother tells you a dollar doesn't go as far as it used to. She says the " purchasing power" of a dollar is much less t
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Answer:

See below

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My grandmother is referring to the effect of inflation on the currency. Economist defines inflation as the general but gradual increase of prices in the economy over time. As a country experiences economic growth, prices of goods and services tend to increase. The government monitors the increase in prices using tools like the consumer price index (CPI). The resultant figure from the CPI is the inflation rate.

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3 years ago
If, in a specific year, exports are $40 billion, business expenditures are $60 billion, the government collects $50 billion in t
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The fiscal deficit for the government for the current year will be $20 billion for the given condition.

<h3>What is fiscal deficit?</h3>

The condition where there is an excess of expenditures over the income during a given financial period, it is known as fiscal deficit. The computation of fiscal deficit using the formula and the given information will be,

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Learn more about fiscal deficit here:

brainly.com/question/23795227

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