From this list, the best options in terms of fiscal tools the government could use to get the economy out of a recession would be "increase the money supply" "reduce the interest rate" and "<span>increase federal expenditures"</span>
Answer:
-1.33
Explanation:
Cross price elasticity of demand measures the responsiveness of quantity demanded of good A to changes in price of good B.
If cross price elasticity of demand is positive, it means that the goods are -substitute goods.
Substitute goods are goods that can be used in place of another good.
If the cross-price elasticity is negative, it means that the goods are complementary goods.
Complementary goods are goods that are consumed together
Cross Price elasticity of demand = percentage change in quantity demanded of good A / percentage change in price of good B
percentage change in quantity demanded of good = (1700/ 1350) - 1 = 0.259
percentage change in price = (1.65 / 2.05) - 1 = -0.195
0.259 / -0.195 = -1.33
Based on the information given what should he do is: Make a request to fill out a new W-4 from his employer.
<h3>What is a W-4 form?</h3>
A W-4 form is a tax which an employee fill so as to enable the employer knows the amount of tax that should be withhold from their employees bank check that was given to the employee by the employer.
Since he already filled out a W-4 when he was first hired and he just got married he should request to fill out a new W-4 from his employer.
Filling out a new W-4 from his employer will enable the employer knows how much that that he should be withhold reason being that the W-4 will show Miguel tax situation to the employer.
Inconclusion what should he do is: Make a request to fill out a new W-4 from his employer.
Learn more about W-4 form here:brainly.com/question/15507745
Answer:
d) will become an importer of tomatoes.
Explanation:
Consumer surplus would increase because the price at which they buy tomatoes would reduce while producer surplus would reduce because the price of tomatoes would reduce as a result of international trade.
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.Because the price of tomatoes in the US is greater than the price of tomatoes in the world, when the US begins international trade, it would import tomatoes because it is inefficient in the production of tomatoes.
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
