Answer and Explanation:
Given equation C = $600 billion +0.9Y
Where c = total consumer spending
$600 billion = consumer autonomous spendinf
0.9= marginal propensity to consume(mpc)
Y= income of consumers
A. Marginal propensity to consume(MPC)= 0.9 from equation given
B. Autonomous spending which is spending that is constant =$600 billion from equation given
C. Using equation of consumer spending above, C= $600 billion+0.9Y
With $4200 billion in income, consumers spending =$600 billion+0.9*$4200 billion
=$4380 billion
D. Savings= consumers income-consumers spending= $4200 billion-$4380 billion= -$180 billion
Therefore there was a deficit not saving
Answer:
Explanation:
No one knows for sure who first invented such money, but historians believe metal objects were first used as money as early as 5,000 B.C. Around 700 B.C., the Lydians became the first Western culture to make coins. Other countries and civilizations soon began to mint their own coins with specific values. The federal government began issuing paper currency during the American Civil War. As photographic technology of the day could not reproduce color, it was decided the back of the bills would be printed in a color other than black. Because the color green was seen as a symbol of stability, it was selected.
Answer: C. chart C
Explanation:
According to the Constitution of the United States of America, the federal-state is divided into three distinct branches to separate the powers; none branch of the federal state has more power than another.
The three branches of the federal state are:
- The executive power that confers power to the president.
- The legislative power that confers power to congress.
- The judiciary power that confers power to federal courts.
Likewise, the legislative branch is divided into two chambers; the House of Representatives and the Senate. Therefore, option C is the best option.
<em>I hope this information can help you.</em>
It was upheld in Re Gault case <u>that due trial is upheld in Juvenile cases along with adult cases.</u>
Explanation:
Juveniles acquitted in delinquency proceedings were to be given the same free rights of due trials as are given to adults according to this trial.
<u>This landmark decision came to be when 15 year old Gerard Gault was taken into custody and then put to trial.</u> The subsequent appeals led to a convulsed court setup where it was called in to question how much juveniles can be able to defend themselves i court.
T<u>his changed the legal system in USA for juvenile crime</u>s.
