True. 20 to 25 percent of business travelers engage in leisure activities during work-related trips. This is because they usually spend too much time working hard at the office, therefore, leaving them with no time for pleasure at home. They, therefore, take advantage of these work-related trips to engage in leisure activities.
Answer:
B) Money is used to purchase goods and services in the product markets.
Answer:
The marginal propensity to consume is <u>92 percent</u>.
Explanation:
Marginal propensity to consume (MPC) refers to the additional expenditure on consumption by consumer as a result of an in national income.
That is, MPC is a measure of the proportion or percentage of the additional income that goes consumption expenditure.
MPC can be calculated using the following formula
MPC = ΔC / ΔY ......................................... (1)
Where;
ΔC = Change in consumption = New consumption - Old consumption = $1,168 - $800 = $368
ΔY = Change in income = New income - Old income = $1,400 - $1,000 = $400
Substituting the values into equation (1), we have:
MPC = $368 / $400 = 0.92, or 92%
Therefore, the marginal propensity to consume is <u>92 percent</u>.
Answer:
combat unemployment?
Explanation:
That seems the likeliest answer compared to the others since national parks provide jobs.
For each willful violation $129,336 per violation
