If consumer confidence decreases then aggregate demand will
decrease and output will decrease but price level will increase.
If Congress passes a plan to cut the national debt in half by increasing personal income taxes, then
AD shifts left and price level would decrease
Question 5(Multiple Choice Worth 3 points)
Assume Angela’s disposable income is $800 and her boss gives her a $100 raise. Her consumption increased from $600 to $650. Which of the following is true?
MPC = .75
The value of the expenditure multiplier increases when
tax rates increase.
the marginal propensity to consume increases.
Disposable Income Consumer Spending
$12,000
Answer and Explanation:
a. Gold is a metal that has very useful physical properties to be transformed into useful objects for society. These characteristics are the ability to be malleable and ductile at the same time, in addition to being a good conductor of heat and electricity and having a large surface area per volume of solution. This makes gold used as electrical wire, jewelry and utensils.
b. both are excellent conductors of electricity, in addition to being solid at room temperature. The ability to be a good producer of electricity allows both to be used in various electronic systems.
Answer:
During Song times, heavy industry — especially the iron industry — grew astoundingly. ... Iron and steel were put to many uses, ranging from nails and tools to the chains for suspension bridges and Buddhist statues.
Answer:
The answer is A) Coral reefs are affected by overfishing.
Explanation: