Answer:
the government-expenditure multiplier _Is larger than_ the tax multiplier.
Is larger than
Explanation:
Keynesian Cross Model otherwise known as expenditure-output model is used to determine the point where total or aggregate expenditures in the economy are intercept the amount of output produced, i.e equilibrium level of real GDP. In economy, if MPC >0, the government-expenditure multiplier is larger than the tax multiplier.
The correct answer to go in the blank would be ''Deadlock''.
Answer:
Economic profit $10,000
Explanation:
Income earned as an assistant professor = Salary + Interest on bonds = 75000 + 5% on 100,000 = 75000 + 5000
Income earned as an assistant professor = $80,000
Income from the bookstrore = $90,000
In calculating economic profit, opportunity costs are deducted from revenues earned.
Economic profit = $90,000 - $80,000 = $10,000
Answer:
Johnson & Johnson make $51,433.28 every 20 seconds
Explanation:
<u><em>The complete question is</em></u>
I'm playing a riddle game thing and one of the questions is
"How many dollars does Johnson & Johnson make every 20 seconds?"
I found that they make 81.1 billion dollars yearly, but I have no clue how to get it to 20 seconds.
Remember that
1 year=365 days
1 day=24 hours
1 hour=60 minutes
1 minute=60 seconds
so
Convert year to seconds
1 billion=1,000 millions
1 billion=1*10^9
81.1 billion dollars=81.1*10^9 dollars
we have
Convert to $/sec
Multiply by 20 sec
therefore
Johnson & Johnson make $51,433.28 every 20 seconds
According to the case, the use of Ph.D. on the ads for hair care products by John Smith is considered an example of the fallacy of inappropriate expertise.
The provided statement is true.
<h3>What is a fallacy?</h3>
A fallacy is an unlawful statement that is used by someone in stating any reasoning or argument which can even be harmful to society.
In the given case, John is having Ph.D. degree in the archaeology field, and his attempt to use the word Ph.D. on the haircare goods marketed by him would be a fallacy in respect of inappropriate expertise. The fallacy could be the use of the Ph.D. word on ads and the inappropriate expertise is that he doesn't have any knowledge regarding skincare and dermatology area.
Therefore, this may create a harmful effect on the individuals who are buying them as it is not authorized by a dermatologist.
Learn more about the fallacy in the related link:
brainly.com/question/2516239
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