Look at the table below. Plot and label points M and N on the coordinate
1 answer:
You might be interested in
Answer: There is change of $0.9 billion in government expenditures.
Step-by-step explanation:
Since we know that
Marginal propensity to consume tells that the rate at which there is change in consumption due to change in income.
According to our situation, MPC is the change in amount of gross domestic product due to change in government expenditure.
So, it becomes,
Hence, there is change of $0.9 billion in government expenditures.
Answer:
1. Let, Jamie needs "$ g" for the trip. Then, according to the question,
g = 600 -------------------(1)
2. Let, Stella needs "$ m" for the trip. Then, according to the question,
m = 600 -------------(2)
3. If Jamie washes x no. of cars and Stella makes y no. of pies, then,
25x ≥ 600 ≥ 15y -------------(3)
4. Yes, Stella can afford to sign up for the trip with the money she earns.
Step-by-step explanation:
Let, Jamie needs "$ g" for the trip. Then, according to the question,
g = 600 -------------------(1)
Let, Stella needs "$ m" for the trip. Then, according to the question,
m = 600 -------------(2)
if Jamie washes x no. of cars for $25 each and Stella makes y no. of pies
for $ 15 each, then, according to the question,
25x ≥ 600 ≥ 15y -------------(3)
Yes, Stella can afford to sign up for the trip with the money she earns. Because, she can make at most 40 pies for $15 each and
$ = $ 600 = The amount of money Stella needs for the trip.