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Llana [10]
3 years ago
12

An economy is operating with output $300 billion below its natural rate, and fiscal policymakers want to close this recessionary

gap. The central bank agrees to adjust the money supply to hold the interest rate constant, so there is no crowding out. The marginal propensity to consume is 0.75, and the price level is completely fixed in the short-run. (a) In what direction and by how much would government spending need to change to close the recessionary gap
Business
1 answer:
saw5 [17]3 years ago
8 0

Answer and Explanation:

a. The computation is shown below;

As we know that

Y/G = 1 ÷ (1-MPC)

Here

Y = $300 billion,

MPC = 0.75

So,  

300 ÷ G = 1 ÷ 0.25

G = $75

So the government should rise the spending by $75 in order to close out the recessionary gap

So, the government should increase the spending by $30 to close the recessionary gap.

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When Girl Scouts sell cookies at Shop Rite, they are given a place to stand. When they sell at Wal-Mart the company eventually d
Cerrena [4.2K]

Answer:

correct option is d. accommodative

Explanation:

we know here that girl sell cookies at rita shop

but target not allow to sell cookies there

so we can say Shop Rite is here example of Accomodative

because Accomodative  is willing to fitin with the someone need

and Not only Shop rita perform its ethical and social duties but it also accommodate other in their endeavor by going beyond above normal regulation

and here she give her place to sell there

so correct option is d. accommodative

4 0
4 years ago
Western Company is preparing a cash budget for June. The company has $11,000 cash at the beginning of June and anticipates $31,0
Semenov [28]

Answer:

Borrow $19,500

Explanation:

The movement in the cash balance between the beginning an end of a period may be expressed as

opening balance + cash collection - cash disbursed = closing balance

As such, where the  company has $11,000 cash at the beginning of June and anticipates $31,000 in cash receipts and $36,500 in cash disbursements during June, the expected closing balance

= $11,000 + $31,000 - $36,500

= $5,500

If the company is owing the bank $15,000 then the company would still owe

= $5,500 - $15,000

= ($9,500)

If the company is expected to maintain a balance of $10,000, the amount to be borrowed must be $10000 in excess of the amount owed the bank. Hence amount to be borrowed

= $10000 + $9500

= $19,500

4 0
3 years ago
An appraiser must not allow the intended use of an assignment or a clientâs objectives to cause the assignment results to be ___
attashe74 [19]

Answer:

biased

Explanation:

In general an appraiser must not allow assignment results to be biased. This is strictly stated in the Standards Rule 1-1(a) which states the following: "An appraiser must “be aware of, understand, and correctly employ those recognized methods and techniques that are necessary to produce a credible appraisal." Therefore, the appraiser must do everything in his/her power to provide credible and non-biased appraisals everytime.

4 0
4 years ago
Razzak did poorly in his science test. he realizes that he has enough teachers and friends who will help him perform better in n
lora16 [44]

This is secondary appraisal.

Primary appraisal is deciding the significance/importance of an event to your life, and secondary appraisal is considering how to cope with or take advantage of the situation.

7 0
3 years ago
What is the total retail market value of all goods and services produced in a nation during a given period, usually a year?
Marianna [84]
I do believe that is the gross domestic product!
6 0
3 years ago
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