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
Andre45 [30]
3 years ago
7

Suppose economists observe that an increase in government spending of $15 billion raises the total demand for goods and services

by $60 billion.
If these economists ignore the possibility of crowding out, they would estimate the marginal propensity to consume (MPC) to be

1/4

3/4

1/4

4

Now suppose the economists allow for crowding out.Their new estimate of the MPC would be larger or smaller than their initial one
Business
1 answer:
kozerog [31]3 years ago
8 0

Answer:

1/4

Explanation:

MPC = dC/dY

dC is the change in consumption

dY is the change in demand for goods and services.

MPC = 15/60 = 1/4

If allowance is made for crowding out, the new estimate will be larger.

You might be interested in
Getaway Travel Company reported net income for 2016 in the amount of $50,000. During 2016, Getaway declared and paid $2,000 in c
PSYCHO15rus [73]

Answer:

Option (B) is correct.

Explanation:

Given that,

Net income = 50,000

Preferred dividend = 2,000

Outstanding common stock:

= (40,000 × 2) + (10,000 × 6/12 × 2)

= 80,000 + 10,000

= 90,000

2016 basic earnings per share:

= (Net income - Preferred dividend) ÷ Outstanding common stock

= (50,000 - 2,000) ÷ 90,000

= 48,000 ÷ 90,000

= $0.53 per share

Therefore, the 2016 basic earnings per share is $0.53.

4 0
3 years ago
Millions of software programs have been created and have helped to improve the economy.
tester [92]

Where is the question? Thanks.

4 0
3 years ago
Why is the price elasticity of demand for coca-cola greater than the price elasaticity of deman for soft drinks generally?
wolverine [178]

A soft drink's price elasticity of demand is lower than Coca-Cola's, which is more sensitive to price. This is due to the ease with which consumers can switch from Coca-Cola to other comparable soft drink alternatives, such as Pepsi.

  • However, it would be challenging to replace soft drinks as a whole with alternative products. The price elasticity of demand for soft drinks, in general, is lower than the price elasticity of demand for Coca-Cola because there are no other close substitutes for them.
  • The quantity required of a thing or service changes in response to a change in the product's price, and this is measured by the price elasticity of demand. It is computed by subtracting the product's price change from the quantity demanded, divided by the product's price change.
  • Because the quantity of Coca-Cola products demanded frequently changes when prices vary, these products are thought to have an elastic demand.

Know more about coca-cola:

brainly.com/question/14602871

#SPJ4

7 0
1 year ago
Rupert and cordelia own an american company that does business in foreign nations. getting a license in a new country can be cha
Lyrx [107]

Answer:

The payment made by Cordelia

Explanation:

In the scenario it stated clearly that Rupert filled out what would have been a normal application form for operational license in the country

However Cordelia using connections was able to schedule a meeting with the government official that <u>has the authority to determine which foreign companies get licenses, and pays him $200 to approve their license.</u>

Cordelia payment is nothing short of bribery and corruption because it is not a legally required payment and the motive was clearly to unduly influence the minister to approve their license.

Such payment will likely violate the foreign corrupt practices act

6 0
3 years ago
Read 2 more answers
Andre works for a company that promotes an entrepreneurial culture. Employees are encouraged to discuss new ideas. Development t
gtnhenbr [62]

Answer:

Intrapreneurs

Explanation:

An intrapreneur is an employee who is responsible for creating new products in an organization. An intrapreneur is an individual who converts an idea into a finished product. An intrapreneur must possess the ability to create something unique, they must be self motivated individuals who are willing to take calculated risks inorder to achieve their goals.

An intrapreneur possess entrepreneurship skills, they must be able to inspire other employees to create something new because an organization will loose it's relevance if new products are not developed.

6 0
3 years ago
Other questions:
  • He [the producer] intends only his gain, and he is in this, as in many other cases, led by an invisible hand to promote an end w
    11·1 answer
  • John d rockefeller built his own oil empire by creating
    13·1 answer
  • How are wages and salaries different from interest and rent income
    9·1 answer
  • Consumers may be equally happy consuming different goods, though they may need to substitute more of one product in place of eac
    9·1 answer
  • which of the following helps economists judge the overall condition of a particular country's economy?
    15·1 answer
  • How can I start building my credit
    11·1 answer
  • During 2017, its first year of operations as a delivery service, Concord Corporation entered into the following transactions:
    13·1 answer
  • Stew Beauf is a self-employed surfboard-maker in 2019. His Schedule C net income is $152,800 for the year. He also has a part-ti
    5·1 answer
  • State 3 typical land uses in rural-urban fringe​
    11·2 answers
  • Factors of production are? scarce in every society. scarce only in advanced countries. scarce only in the poorest countries of t
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!