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Wewaii [24]
3 years ago
5

If equilibrium GDP is $250 billion less than the targeted level of GDP, and the Multiplier Model has an mpe of 0.75, then we can

predict that the targeted level of GDP can be attained by_______ government spending______billion.
a. decreasing; $62.5
b. increasing; $95.5
c. increasing; $62.5
d. increasing; $250
Business
1 answer:
Olegator [25]3 years ago
3 0

Answer:

c. increasing; $62.5

Explanation:

The computation is shown below;

As we know that

Multiplier = 1 ÷ 1 - MPC

= 1 ÷ 1 - 0.75

= 1 ÷ 0.25

= 4

Now if the equilibrium GDP is $250 billion less than the expected level of GDP

So, the government spending would be increased by

= $250 billion ÷ 4

= $62.5

Hence, the correct option is c.

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eduard

Answer:

"Pension fund" is the appropriate solution.

Explanation:

The term "pension plan" for employers would be a recognized plan or organization which offers an amount of livelihood throughout pensions.

  • Sometimes staff, potential employees, or sometimes both pay toward funding or contributions.
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Thus the above is the correct answer.

8 0
3 years ago
True or False Payday loans incur fewer fees and expenses than traditional loans.
Serga [27]

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Hence the given statement “Payday loans incur fewer fees and expenses than traditional loans” is False.

The answer is False.


7 0
3 years ago
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blagie [28]
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7 0
3 years ago
Read 2 more answers
Asking yourself "What can I do to build a loyal customer base?" is an example of
MakcuM [25]

Correct answer is C, Creativity.

Asking yourself, What can i do to build a loyal customer base?, is an example of Creativity.

When a person in an organization is creative and wants to build a loyal customer base, he asks himself that how can he build it. He finds out ways to build a loyal customer base. He innovates, he takes out the best creativity out of him. When he is focusing on asking himself the solutions, he is basically creative who is seeking answers within himself.

4 0
3 years ago
Suppose that the price of corn is above its equilibrium price. You would expect to see:________.
alisha [4.7K]

Answer:

D

Explanation:

If the price of corn is above its equilibrium price, corn becomes more expensive to consumers. As a result, they reduce the quantity demanded of corn. there would be a movement along the demand curve for corn and not a shift of the demand curve.

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