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lisov135 [29]
3 years ago
9

Assume the MPC is 0.6. If government were to impose $10 billion of new taxes on household income, consumption spending would ini

tially decrease by
Business
1 answer:
mihalych1998 [28]3 years ago
4 0

Answer:

$6 billion

Explanation:

Calculation to determine what consumption spending would initially decrease by

Using this formula

Decrease in Consumption spending=MPC * New taxes on household income

Let plug in the formula

Decrease in Consumption spending=0.6*$10 billion

Decrease in Consumption spending=$6 billion

Therefore consumption spending would initially decrease by $6 billion

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Answer: The correct answer is "b. comb and sort the fibers.".

Explanation: Once these were complete, the next step would be to <u>comb and sort the fibers.</u>

The first step was to gather and clean the fibers and then comb and classify the fibers according to their nature.

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A dog grooming business is walking through the target market defining process and is now asking questions about its potential cu
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A

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During 2014 and 2015, Danny pays property taxes of $3,500 each year on a piece of land. During 2014, the land is vacant and unpr
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3 years ago
The following data relating to direct materials cost for October of the current year are taken from the records of Good Clean Fu
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Answer:

standard price= $5

Explanation:

Giving the following information:

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