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SVEN [57.7K]
3 years ago
10

If aggregate expenditures increase by $14 billion and equilibrium GDP consequently increases by $70 billion, then the marginal p

ropensity to consume in the economy must be
Business
1 answer:
Alchen [17]3 years ago
7 0

Answer:

0.2

Explanation:

Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year

Marginal propensity to consume is the proportion of disposable income that is spent on consumption

Marginal propensity to consume = amount consumed / disposable income

Marginal propensity to save is the proportion of disposable income that is saved

Marginal propensity to save = amount saved / disposable income

MPC + MPS = 1

MPC = $14 billion /  $70 billion = 0.2

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monitta

Answer:

Q' = 213.80

Explanation:

P(d): production rate per day = 200

Ic: Installation cost = 120

D: Demand = 8000

D(d): demand rate per day = 32

Uc: Unit cost (holding) = 50

Applying into Production order quantity model formula

Q'= \sqrt{\frac{2*D*Ic}{(1 - \frac{D(d)}{P(d)}) * Uc } }  = \sqrt{\frac{2*8000*120}{(1 - \frac{32}{200})*50 } }  = 213.80

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3 years ago
Yao decides to place a $2,000 deposit at the end of each year into a bond fund that earns 6% annually. Find the amount of the in
den301095 [7]

Answer:

$6414.27

Explanation:

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Where C = $2000, r =6% and t = 20years

P = 2000 ( 1 + 6/100 )^20

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P = 2000 ( 1.06 )^20

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3 years ago
Determine the total equivalent units for direct materials, assuming that the first-in, first-out method is used to cost inventor
Svet_ta [14]

Answer:

37,000 units

Explanation:

The computation of the total equivalent units for direct material is shown below:

= Transferred to finished goods during the month of July + Ending work in process during the month of July - Inventory in process, July 1

= 37,500 units + 3,500 units - 4,000 units

= 41,000 units - 4,000 units

= 37,000 units

We simply applied the above formula so that the total equivalent units for direct materials could come

7 0
3 years ago
Whats the best song by Lil Tjay?<br> Callin My Phone<br> Resume<br> Move on<br> Leaked<br> Hold On
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I think hold on but that’s just me lol
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3 years ago
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With his parents' permission, David, a ten-year-old, purchased a plastic snow sled from Kmart. He went sledding, lost control, h
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Answer:

The Kmart was held by the court not liable because David assumed the risks of sledding.

Explanation:

Negligent actions are those actions that come under the rubric of tort actions. To prove negligent actions against a person or a company, the plaintiff is required to prove four things in court– duty, breach, causation, and damages.

In the given case, the court will not be held Kmart liable because David (the consumer) was aware of the risks involved in the sledding. Therefore, the case of negligent actions is not applicable for Kmart.

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