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stellarik [79]
2 years ago
13

Answer the following questions about the tax multiplier: Instructions: In parts a and b, round your answer to 2 decimal places.

In part c, enter your answers as a whole number. If you are entering a negative number include a minus sign. a. Suppose the marginal propensity to consume (MPC) for a nation is 0.9. What is the tax multiplier for this nation
Business
1 answer:
Stolb23 [73]2 years ago
3 0

Answer: -9

Explanation:

The Tax multiplier of a nation shows how much the aggregate demand of an economy will change if there is a change in taxes.

It is calculated by the formula:

= -MPC / ( 1 - MPC)

= -0.9 / (1 - 0.9)

= -9

<em>If taxes are reduced, aggregate demand would increase by 9 times. </em>

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Answer:

A. an electric company

Explanation:

Among all the options given above, it is an electric company that cannot be rivaled due to the fact that, all household definitely need electricity in-order to power their home. Due to the nature of the company and how capital intensive it is, it would always be in demand by the people.

7 0
3 years ago
Identify each action listed here as a federal, state, or shared power.
Korvikt [17]

Answer:

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Negotiate a trade agreement with the European Union <u>FEDERAL POWERS</u> ⇒ THE COMMERCE CLAUSE ESTABLISHES THAT ONLY CONGRESS CAN REGULATE INTERSTATE COMMERCE. THE EXECUTIVE BRANCH MAY NEGOTIATE A DEAL BUT CONGRESS MUST APPROVE IT.

Explanation:

5 0
3 years ago
Select the education or qualification best demonstrated in each example.
LenaWriter [7]

Answer:

1. attention to detail

2. Juris Doctor degree

3. critical-thinking skills

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Hope you have a good day ^w^

3 0
2 years ago
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Firdavs [7]

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Since the equipment purchased is an asset, this will lead to an increase of assets by $4500 and since it was bought on credit and hasn't been paid for, liabilities will also increase by $4500.

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3 years ago
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Mashcka [7]

Answer:

Representative democracy.

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2 years ago
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