The answer is $1000
As Change in real GDP= Change in gov. spending/(1-MPC)
So
100/(1-0.90)=1000
Gross domestic product is the monetary fee of all finished goods and services made inside a country during a selected duration. GDP affords an economic snapshot of a rustic, used to estimate the scale of a financial system and growth charge. GDP can be calculated in 3 methods, the use of fees, production, or earning.
In economics, the marginal propensity to consume (MPC) is defined as the percentage of a mixture enhance in pay that a consumer spends on the consumption of goods and offerings, instead of saving it.
Learn more about Gross domestic product here
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Answer:
d. the country would rank low on the accounting values of conservatism
Explanation:
Gray's accounting framework postulates that the 4 accounting values of professionalism, conservatism, secrecy, and uniformity can be used to predict differences in accounting systems internationally.
Uncertainty avoidance is the degree to which cultures tolerate unpredictability.
Counties with high uncertainty avoidance are more conservative for example Japan.
While countries that have low uncertainty avoidance are less conservative. They are flexible to change and more willing to take risks.
Answer:
Predetermined manufacturing overhead rate= $22.2 per direct labor hour
Explanation:
Giving the following information:
Fixed manufacturing overhead= $127,840 per month
Estimated direct labor hours= 9,400
The variable overhead rate is $8.60 per direct labor hour
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (127,840 / 9,400) + 8.6
Predetermined manufacturing overhead rate= $22.2 per direct labor hour
Answer:
$9,850,000
Explanation:
Calculation for What is the total cash received on 3/1/17
Total cash received on 3/1/17=$10,000,000 × .97) + ([9%*$10,000,000) × 2/12]
Total cash received on 3/1/17=$10,000,000 × .97) + ($900,000 × 2/12)
Total cash received on 3/1/17=$9,700,000+$150,000
Total cash received on 3/1/17 = $9,850,000
Therefore the total cash received on 3/1/17 is $9,850,000
Answer:
unplanned inventory accumulation equals -$200 billion.
Explanation:
As we know that
Unplanned inventory equals to
= Real GDP - aggregate expenditures
= 600 billion - 800 billion
= -$200 billion
It shows a difference between the real GDP and the aggregate expenditure
Since the real GDP is less than the aggregate expenditure, so the unplanned inventory should come in negative amount else it comes in a positive amount
