The type of expenditure gap that's illustrated in Kittyville's economy is a recessionary expenditure.
<h3>What is expenditure gap?</h3>
It should be noted that an expenditure gap is when the demand for goods and services is more than the production.
In order to correct the gap, the economy hired the economist who suggested that there should be an increase in government spending and decrease in taxation.
Also, the change in government spending will be:
= Change in income b× (1 - MPC)
= $200 × (1 - 0.9)
= $20 billion.
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business broker's
Explanation:
Business Brokers are the professionals who help purchase business in return of commission.
Answer:
All accounting process are important.
Explanation:
All the recording of facts are important because the recording of facts enables the company to look the company with a financial perspective. In this scenario the accounting system can be used to see which store has generated more than the rest of the stores and will help CFO to reward the staff and use their tactics to implement in the other stores to increase the efficiencies of other stores.
Tara and her parents should make deposits of $450 every month into a college savings account.
