1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
what do people mean when they say that it is better to balance the economy than to balance the budget?
hammer [34]
I guess because the economy falling apart and the budget keeps going up.
7 0
3 years ago
Demonstrate how workplace discrimination undermines organizational effectiveness.
snow_lady [41]

Answer:

Workplace discrimination prevents the firm from using the full potential of those employees that are being discriminated against.

Explanation:

For example, if the firm discriminates against a specific group of people when hiring (for example, it can discriminate against older people), the firm could lose valuable potential employees that could have provided great skill and experience for the firm.

If the firm practices discrimination against employees, the operation in the company will not be as streamlined as it could be against discrimination because those who are being treated poorly will be less motivated and have lesser output.

6 0
3 years ago
Dorian has started a cultural shift at his organisation in quality process. Which type of reaction will he most likely face in t
beks73 [17]

The type of reaction will he most likely face in the early stages is rigid and reactive.

<h3>What is Organization?</h3>

Organization refers to the group of people working together in order to achieve the organizational goals. The goal of every organization is to maximize the profits for which it takes various activities.

In the above scenario, Dorian has started a cultural organization in a quality process. The changes made in any of the organization are rigid at first place.

The employees of the Dorian organization will react to the changes made regarding culture of the organization. Later on everyone will be adaptive to the changes.

Learn more about employees here:

brainly.com/question/18633637

#SPJ1

5 0
2 years ago
June call and put options on King Books Inc. are available with exercise prices of $30, $35, and $40. Among the different exerci
Oksi-84 [34.3K]

Answer:

$30 is the best price for June and must pay an investor if it wants to buy back, or call, all or part of an issue before the maturity date and $40 will the best put option price to sell a given stock at a certain price at a certain time.

Explanation:

June call and put options on King Books Inc. are available with exercise prices of $30, $35, and $40. Among the different exercise prices, the call option with the $30 exercise price and the put option with the $40 exercise price will have the greatest value.

6 0
3 years ago
What role does customer satisfaction play in public relations? Why is it important? Provide two reasons.
snow_tiger [21]

Answer:

Trust.

Explanation:

See its important so people can know you as a generally trustable person. Also, when a customer is they more than likely feel the need to come back. So if your selling product it will generate more customers and money.

8 0
3 years ago
Other questions:
  • A greenhouse in a? tri-county area has kept track of its customers for the last several years and has determined that? 28% of it
    8·2 answers
  • In the narrowest definition of money, M1, savings accounts are excluded because they are a interest paying accounts. b not a med
    14·1 answer
  • In the soda industry, production costs per unit continue to fall as the firm expands. in this type of industry, smaller rivals t
    11·1 answer
  • A share of​ 5% preferred stock has a par value of $ 60 and market value of $ 80. The owners of the preferred stock will receive
    7·1 answer
  • Planet Company had operating income of $12,000, average operating assets of $125,000, and sales of $45,000. What is Planet's ret
    13·1 answer
  • Chuck, a single taxpayer, earns $75,000 in taxable income and $10,000 in interest from an investment in City of Heflin bonds. (U
    11·1 answer
  • "The New Age Gallery has different admission prices for students, adults, and seniors. All three groups are entitled to the same
    7·1 answer
  • Samantha works as a marketing manager for a cosmetics manufacturer. She plans to suggest a specific type of business model that
    9·2 answers
  • The Mixing Department of Complete Foods had 62,000 units to account for in October. Of the 62,000 units, 38,000 units were compl
    14·1 answer
  • How are logical operators used?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!