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pentagon [3]
3 years ago
12

Suppose the economy is in a recession. The economy needs to expand by at least $350 billion, and the marginal propensity to cons

ume is 0.6. What is the least amount the government can spend to overcome the $350 billion gap
Business
1 answer:
MissTica3 years ago
4 0

Answer:

$140

Explanation:

Calculation for What is the least amount the government can spend to overcome the $350 billion gap

First step is to find the Multiplier using this formula

Multiplier=1(1-Marginal propensity)

Let plug in the formula

Multiplier=1/(1-0.6)

Multiplier=1/0.4

Multiplier=2.5

Now let calculate the least amount the government can spend using this formula

Least amount=Gap/Multiplier

Let plug in the formula

Least amount=$350 billion /2.5

Least amount=$140

Therefore the least amount the government can spend to overcome the $350 billion gap is $140

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An individual forgot to delegate a certain task to one of her team members. Each person on the team was supposed to create a Pow
kramer

Answer:

Complete the presentation and extra work themselves; in the future, the individual will have to remember to send everything or risk doing the extra work themselves.  

Explanation:

Not only this helps in increasing accountability in the individual but it would also help in influencing the behavior of the individual in the future. He would be more responsible for delegating the tasks as he would learn from his mistakes. This would go a long way in developing a competent and responsible workforce which would help in increasing the effecency of the company.

7 0
2 years ago
Farm subsidies account for approximately ________ of net agricultural income, making America's farmers among the most heavily su
Ronch [10]

Answer:

One fifth

Explanation:

Farm subsidies account for approximately <u>one fifth</u> of net agricultural income, making America's farmers among the most heavily subsidized in the world.

American governement provide subsidy to the farmer to incourage farming in United States and help them to hedge the risk out of demand disruption, price fluctuation, climatic changes, etc. In 2019, US governement payout $22 billion subsidy directly to the farmer, which make it highest subsidized farmer in the world. It has encouraged farmer to produce more crops like Corns, Wheat, rice, soyabean, cotton, etc. As new farm bill was passed at US parliament in 2014, however, higher subsidy process have become more complex, which is benefiting only to the rich farmers in United states.

3 0
3 years ago
The advantages of personal financial planning include:
den301095 [7]

Answer:

d. All of these

Explanation:

Personal financing is the process of organizing and managing an individual or household's income to achieve set financial goals. It involves managing personal finance activities such as income, expenditure, savings, and investments. The primary objective of personal finance is to assist individuals maximize their current incomes and make future plans. As a result, they can achieve both short term and long term goals.

7 0
3 years ago
The number of new domestic wind turbine generators installed each year in a particular country has been forecast to increase at
kirza4 [7]

Answer:

2030

Explanation:

The computation of the total number of new generators including this year is shown below

Given that

(A) = 100

Common Ratio (r) = 1.15

n = 10

Now

Sum of 10 terms Sn is

= A × (r n - 1) ÷ (r - 1)

= 100 × (1.1510 - 1) ÷ (1.15 - 1)

= 100 × 3.0456 ÷ 0.15

= 2030

We simply applied the above formula so that the total number of new generators could come

5 0
3 years ago
The reporting of financial conditions at the corporation so that can be evaluated. b. Legal protections for shareholders so that
gogolik [260]

Answer:

a) Financial Statements

b) Limited Liability

Explanation:

a) The reporting of financial conditions at the corporation so that it can be evaluated, is the aim of preparing <em>financial statements. </em>Financial statements<em> </em>are periodic reports prepared monthly or annually to show the financial health of a company. They are made up of the statement of profit or loss, statement of financial position, cash flow statements and statement of changes in equity.

b) Legal protections for shareholders so that they are not taken advantage of is the purpose of limiting the liability of shareholders. Limited liability relates to a shareholder's financial liability being limited to a fixed amount not exceeding his investment in the company or partnership. Nevertheless every shareholders is liable for his own actions personally.

6 0
3 years ago
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