Answer:
Assemblage.
Explanation:
In Real estate, putting together two or more parcels of land to make a large piece is called assemblage. The main purpose of assemblage is to increase the price of parcels of land by combining them together rather than selling them individually as a single unit.
<em>For instance, a real estate agent may purchase two (5) parcels of land each worth $50,000 (2 × $50,000). When he assembles them, the new single parcel of land is worth $150,000. </em>
Answer:
If MPC is 0.8, Change in GDP = $500 million
If MPC is 0.95, Change in GDP = $2,000 million
Explanation:
<em>Expenditure Multiplier is the amount by which the real GDP will change if autonomous expenditure changes by a given amount.</em>
It is calculated as follows: 1/(1-MPC).
MPC is the portion of additional income that is spent. If the MPC is 0.8, then the expenditure multiplier will be = 1/(1-0.8) = 5
Using the first scenario with an increase in government spending by $100million, the resulting change in GDP would be
Change in GDP = change in autonomous expenditure × Multiplier
= 100 × 5 = $500 million
<em>Scenario 2, MPC of 0.95</em>
Expenditure Multiplier = 1/(1-0.95) = 20
Change in GDP= 100 × 20 = $2000 million
Based on the current political situation, Yes, <u>President Biden</u> has the political capital to pass his social infrastructure bill.
<h3>What is Political Capital?</h3>
Political Capital is a term used to describe the total resources and power established through connections, trust, goodwill, and influence among politicians over time.
Given that President Biden was once a senator and Vice President of the United States, he must have built many cordial relationships among many old-time senators and representative members in the US Congress.
Hence, in this case, it is concluded that the correct answer is " <u>Yes, President Biden has the political capital to pass his social infrastructure bill."</u>
Learn more about Political Capital here: brainly.com/question/7448602
Answer:
A) All of the contacts described provide sufficient contacts for in personam jurisdiction.
- c. The Michigan defendant got into an automobile accident in Ohio.
- d. The Michigan defendant signed a contract in Ohio with an Ohio business.
- e. The Michigan defendant sold products in the state of Ohio that injured the purchasers.
Explanation:
In legal terms, in personam (Latin for "directed toward a particular person") means that a court can serve a defendant wherever he/she is.
In this case, a Michigan citizen can be judged in an Ohio court if he/she committed any of the cited actions:
- participated in a car accident in Ohio
- signed a contract in Ohio
- sold products in Ohio
In other words, if you live in any state but are involved in certain events or business transactions in another state, you can be judged by a court of the other state.
