Answer:
c. Equals to 1.5
Explanation:
Options are <em>"a. -lower than b. -higher than c. -equal to
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Expenditure multiplier = Change in real GDP / Change in spending
Expenditure multiplier = 9/6
Expenditure multiplier = 1.5
Thus, the expenditure multiplier is equal to 1.5
Answer:
Self-Fulfilling Prophecy
Explanation:
According to the description of the situation in the question we can say that this is an example of a Self-Fulfilling Prophecy. This is because a Self-Fulfilling Prophecy is when a person believes something will happen and subconsciously changes their behavior and causes it to happen. Which is what Kellie has done.
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Answer:
c. seller receives cash sooner than if credit is granted directly to the customers
d. may allow seller to increase sales volume
Explanation:
When a customer uses a credit card, the bank that issued the card pays the seller immediately, and later, the bank recovers the money plus interest from the customer.
So this method allows for a faster collection of cash (basically immediatly) than if the seller granted the credit directly to the customer.
Credit cards also allow seller to increase sales volume because many people lack the cash necessary to pay down the full value of the purchase.
A letter provided by the tenant to the landlord, which assures that their lease is binding, accurate, and being paid upon, is known as an estoppel letter.
Letters have long been an essential supply of biographical information, and an effective device for historians of all kinds. They permit the reader to peek backstage and might offer a feel of intimate expertise of historic subjects, even supposing this intimacy is borrowed or stolen.
Informal letters are non-public letters that might be written to allow your buddies or own circle of relatives to realize approximately what goes on in your lifestyle and to bring your regards. A casual letter is typically written to an own circle of relatives member, a near acquaintance, or a friend. The language utilized in a casual letter is informal and non-public.
A letter is stated to be casual while it's far written in a pleasant way, to a person you're acquainted with. Formal letters are written for reputable or expert communication. On the opposite hand, casual letters are used for informal or non-public communication. There is a way prescribed for writing formal letters.
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