Answer:
The multiplier is useful in determining the change in GDP resulting from a change in spending
Explanation:
A change in autonomous spending will lead to a much larger final change in real GDP because of the multiplier effect. That spending will have a much larger final impact on real GDP.
can you send the problems
Answer: 1/1.8
Explanation:
From the question, we are informed that 1 British pound can be exchanged for 180 cents of U.S. currency. To get the fraction that should be used to compute the indirect quotation of the exchange rate expressed in British pounds, we have to change the 180 cents to dollars first.
Since 100 cents = 1 dollar, 180 cents = 1.8 dollars. Therefore, fraction should be used to compute the indirect quotation of the exchange rate expressed in British pounds will be:
= 1/1.8
Answer: See explanation
Explanation:
To convert to Celcius scale from Kelvin, the formula to use is:
Temperature in Celcius = Temperature in Kelvin - 273
a. 450k
Temperature in Celcius = Temperature in Kelvin - 273
= 450 - 273
= 177°Celcius
(b) 273 k
Temperature in Celcius = Temperature in Kelvin - 273
= 273 - 273
= 0°C
(c) 73 k
Temperature in Celcius = Temperature in Kelvin - 273
= 73 - 273
= -200°C