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Norma-Jean [14]
3 years ago
13

Compared to a country with an MPS of 0.05, a country with an MPS of 0.2 would have to change government expenditures by ________

_ as much to have the same impact on real GDP.
Business
1 answer:
const2013 [10]3 years ago
8 0

Answer: Four times.

Explanation:

Based on the information given, the government expenditure multiplier in this case goes thus:

K = ∆Y/∆G = 1/1-MPC = 1/MPS

For the first country with a MPS of 0.05, K = 1/MPS = 1/0.05 = 20

For the first country with a MPS of 0.2, K = 1/MPS = 1/0.2 = 5

Therefore, 20/5 = 4.

Therefore, the answer is four times.

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In 2019, Sayer, who is single, have an outright gift of $53,000 to a friend, Johnson, who needed the money to pay medical expens
AlekseyPX

Answer:

$53,000

Explanation:

Remember, Johnson, needed the money to pay medical expenses. It is important to note that even though any gift is a taxable gift, there are many exceptions to the tax rule. One such gift that is not taxable is; Medical expenses you pay for someone.

In filing the 2019 gift tax return Sayer would by entitled to an exclusion of $53,000.

6 0
4 years ago
The driving forces in an industry are usually triggered by changing technology or stronger learning/experience curve effects. ar
koban [17]

Answer:

The driving forces in an industry are:  Option C: major underlying causes of change in industry and competitive conditions and have the biggest influences in reshaping the industry landscape and altering competitive conditions.

Explanation:

Driving force of any organization can be external or internal forces. External ones are like the competitors, profits or technology. Internal forces can be the knowledge of employees, office politics and even competence of all office people). All these factors influence the industries and help them shape the future of an organization.

Thus, Option C is the most appropriate driving force because it causes change in industry and create competition among industries and reshape the industry landscape.

5 0
3 years ago
A manager hires labor and rents capital equipment in a very competitive market. Currently the wage rate is $12 per hour and capi
Alex777 [14]

The firm should decrease the amount of capital used.

Solution:

The wage rate is $12 per hour and capital is rented at $8 per hour.

The marginal product of labour is 45 units of output per hour and the marginal product of capital is 65 units of output per hour.

A manager hires labour and rents capital equipment in a very competitive

market.

The ratio of marginal product of labour and wage rate

= \frac{45}{12}

= 3.75

The ratio of marginal product of capital and rent

= \frac{65}{8}

= 8.125

If the cost ratio is higher, it means that the boss must minimize the volume of money involved in the manufacturing process.

5 0
3 years ago
A medical facility does MRIs. Occasionally, the test yield inconclusive results and have to be repeated. Using the following sam
kupik [55]

Answer:

a) 0.118.

Explanation:

The computation of the UCL is shown below:

Given that

N = 100

<u>Sample    Sample size      Number of retests       fraction defective </u>

1                      100                     4                                0.04

2                     100                      11                               0.11

3                     100                      6                               0.06

4                     100                      10                              0.1

5                     100                     4                                0.04

6                     100                      6                              0.04

7                     100                      1                                0.01

8                     100                      6                               0.06

9                     100                      9                              0.09

10                   100                      11                               0.11

Total              1,000                   68

Now p is

= 68 ÷ 1000

= 0.068

Now the standard deviation is

= √p(1 - p) ÷ √n

= √0.068 × (1 - 0.068) ÷ √100

= 0.025

Now the UCL is

= p + z × standard deviation

= 0.068 + 2 × 0.025

= 0.118

5 0
3 years ago
A stockbroker trades shares she does not own with an obligation of later repayment, and in the hope that the price of traded sha
xxTIMURxx [149]

Answer: short selling  

                                 

Explanation: In simple words, short selling refers to the process in which an individual borrows stock from its holder with the promise of giving it back after a specific time and at a specific price, after borrowing he or she sells the stock at the current market price and expects that the price of stock will decrease in future.

The borrower then purchases the stock at a lower price and gives it back to the lender with the margin profit in his or her pocket. Short selling works like a speculation but only market experts do such activity due to high risk involved.

Such processes are of high value to the market as they result in creation of liquidity.

3 0
4 years ago
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