The table shows the admission prices for an amusement park. Which graph shows this function?
1 answer:
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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:
Step-by-step explanation:
Greatest multiplier of 4 that is less than 21 is 5 (4 x 5 = 20)
Put the remaining number as the numerator (21 - 20 = 1)