Answer:
equilibrium GDP increase by 1 as well.
Explanation:
As government spending multiplier is:
1/(1 - marginal propensity to consume)
while taxes is:
marginal propensity to consume / ( 1 - marginal propensity to consume)
the multiplier when considering an increase in government spending financed with taxes will be:
government multiplier - tax multiplier
( 1 - marginal propensity to consume)/ ( 1 - marginal propensity to consume) = 1
as the multiplier is 1 and increase of 1 will mean an increase of 1 unit in the equilibrium GDP as weill
The answer is the Department of Homeland Security. This was created after the 9/11 terrorist attack, it was created to protect the nation from terrorism. This department is a cabinet department of the US federal government with duties in public security, approximately similar to the inner or home offices of other countries.
The unification of Germany into a politically and administratively integrated nation state officially occurred on 18 January 1871, in the Hall of Mirrors at the Palace of Versailles in France. Princes of the German states, excluding Austria, gathered there to proclaim Wilhelm I of Prussia as German Emperor after the French capitulation in the Franco-Prussian War.
Unsubsidized federal loan
Answer:
D, a pareto diagram
Explanation:
The pareto diagram was named after the discoverer of the diagram/technique, Vilfredo Pareto. He used the diagram in his study of wealth and poverty in Europe in the 1900s.
The pareto diagram is a bar chart that ranks related events in decreasing other of occurrence. It contains both a bar and line graph. The individual events are recorded by the bar while the total event is recorded by the line graphs.
In the above question, for Clarissa to identify defects, she has to use Pareto diagram which will have the defects represented by the bar and the total production process by the line graph. This helps her to find out the stage in production where the defects started from and how much effect it has onn the production process.
Cheers.
