What will happen if government spending increases by $100 billion is:
Real output will increase by a maximum of $400 billion.
<h3>
Government spending</h3>
Using this formula
Multiplier=1/(1-MPC)
Where:
MPC=Marginal propensity to consume =0.75
Let plug in the formula
Multiplier=1/(1-0.75)
Multiplier=1/0.25
Multiplier=4
Increase in GDP= Government spending ×4
Increase in GDP=$400
Inconclusion what will happen if government spending increases by $100 billion is: Real output will increase by a maximum of $400 billion.
Learn more about government spending here:brainly.com/question/25125137
The Operations Section Chief directs all responses and tactical actions to achieve the incident objectives.
<h3>What is
Operations Section Chief ?</h3>
The Operations Section Chief, a member of the General Staff, is in charge of all operations directly related to the core mission. The Operations Section Chief initiates, supervises, and leads the execution of organizational elements in accordance with the Incident Action Plan.
The Operations Section Chief directs tactical incident activities to achieve incident objectives and oversees the implementation of the Incident Action Plan (IAP). 1. This role can be ordered as a stand-alone resource or as part of a National Incident Management System (NIMS) team (Incident Management Team).
The OSC1 works in the Operations functional area and reports to the Incident Commander (IC). The OSC1 performs duties corresponding with the Type 1 incident complexity and characteristics outlined in the Interagency Standards for Fire and Firefighting.
To know more about Operations Section Chief follow the link:
brainly.com/question/25870256
#SPJ4
Divide 50,000 by 12 to get 4,166.67
Revenues - Asset
Expenses - Liability
