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Nookie1986 [14]
3 years ago
14

If the MPC is 0.60 and disposable income decreases from $11,000 billion to $10,000 billion, savings will decrease by

Business
1 answer:
marissa [1.9K]3 years ago
3 0

Answer:

the decrease in the savings is $600 billion

Explanation:

The computation of the decrease in the savings is shown below;

The difference in the income is

= $11,000 billion - $10,000 billion

= $1,000 billion

Now the decrease in the savings is

= 0.60 × $1,000 billion

= $600 billion

Hence the decrease in the savings is $600 billion

The same is to be considered and relevant

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In an analysis of the market for paint, an economist discovers the facts listed below. State whether each of these changes will
aliya0001 [1]

Answer:

a. Supply increases, Supply curve shifts to the right

b.  Demand decreases, Demand curve shifts to the left

c. Demand increases, Demand curve shifts to the right

d.  Supply decreases, Supply curve shifts to the left

Explanation:

a. There have recently been some important cost-saving inventions in the technology for making paint- Supply will increase due to lower cost in production. Shifting the supply curve to the right. Price of paint will fall and quantity will increase.

b. Paint is lasting longer, so that property owners need not repaint as often- Demand for paint will fall due to its long lasting. This shifts the demand curve to the left decreasing the price and quantity of paints.

c. Because of severe hail storms, many people need to repaint now- Demand for paint will increase shifting the demand curve to the right increasing the price and quantity of paints.

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8 0
3 years ago
Pearl Corporation reported net income of $49,100 in 2020. Depreciation expense was $17,200. The following working capital accoun
aliya0001 [1]

Answer:

Net operating cash flow   $68,300

Explanation:

Operating cash flow is the amount of cash generated by a company from its main and normal business activity. This cash flow is useful to gauge the financial viability of a firm's business activity; the larger the better.

It is essentially computed as the net movement of cash inflow and outflow in respect of a business activities.

It is computed as follows:                          

                                                                  $

Net income                                              49,000

Add deprecation                                      17,200

Less increase in receivable                    (11.200)

add increase in payables                         <u>13,300</u>

Net operating cash flow                          <u> 68,300</u>

Note that only items that relate to trading which is the core business area of the Pearl Corporation are considered. Depreciation is  added because it is a non-cash item initially deducted from net income.

An increase in receivable means a reduction in cash while an increase in payables implies cash savings

Net operating cash flow   $68,300

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3 years ago
The following T-account is a summary of the Cash account of Cuellar Company.
Basile [38]

Answer:

D

Explanation:

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A method for selecting multiple lines of text is to _______.
antiseptic1488 [7]
The answer to this question is by clicking and draging in the white space to the left of the lines. In word processing, copying and selecting multiple lines is a technique that can help you work on your document faster. Also in word processing, the user can create, edits, and save the document.
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4 years ago
What is a motive?
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A) a motive is a reason you do something. In business it'd be, for example, profit motive. Your motive is the amount in the profit

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