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2 years ago

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]2 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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luda_lava [24]

Answer:

The answer is C.

Explanation:

If workers demand and receive higher real wages the cost of production will rise. This is because workers(labor) is an input of production. The wages is the reward for the direct labor for work done. So increase in wages lead to an increase cost of production.

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3 years ago

A population of 478 rats has been undergoing linear growth over a five-year period. if the average growth rate was 1.4 rats per

Elanso [62]

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3 years ago

Feb. 2 Wrote a $350 check to establish a petty cash fund. 5 Purchased paper for the copier for $14.55 that is immediately used.

Nataly [62]

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Explanation:

Journal entry to establish the petty cash fund

Dr : petty cash $350

Cr: : Cash $350

Journal entry to record the reimbursement

Dr : Expenses $326.39

Cr: Cash $326.39

Journal entry to record the increase in fund amount

Dr:petty cash $490

Cr: cash $490

Total delivery expenses $16

Total mileage expenses $71

Total postage expenses $65.55

Total merchandise inventory (Transportation -in) $42.4

Total office supplies $81.32

Amount received for reimbursement $326.39

Petty Cash Balance $204.67

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3 years ago

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3 years ago

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Ilia_Sergeevich [38]

Answer:

I thinks it's gross national income

Explanation:

I am guessing

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2 years ago