By the early twentieth century, 85 percent of Texans lived in urban areas.
<h3>Where is Texas?</h3>
Texas is one of the states that make up the United States of America. Texas once had a large rural population who were mostly into farming. However, at the turn of the twentieth century most of the people of Texas have moved to urban areas. The reason for the migration to urban areas is to ensure that people get a better life and access better opportunities for decent employment.
Thus, it is a true statement that; "By the early twentieth century, 85 percent of Texans lived in urban areas." This implies that a very large degree of rural - urban migration had taken place in Texas by the twentieth century.
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The main component and key to success to Reaganomics was reduction in government spending.
<h3>What is Reaganomics?</h3>
This is the term that is used to refer to the government and the economic policies of Ronald Reagan. The purpose of the policy was to help to stimulate the United States government. The policy was contractionary in nature.
He advocated for a reduction in the way that government spent money, reduced taxes and also for less government regulations in businesses.
The result of this policy was that he helped to ensure that poverty was reduced in the country. Although it raised the levels of income inequality also in the nation.
Economics have stated that the policies of this president helped the nation to achieve great long time economic expansion.
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MPC stands for "marginal propensity to consume," which refers to a rise in consumer spending for every unit of income level achieved.
Marginal propensity to save (MPS) is the percentage of a person's income that they put away for savings for every unit that their income level rises.
Spending multiplier = Increase in income level for each unit increase in autonomous spending = 1/(1-MPC) = 1/MPS Spending multiplier = Increase in income level for each unit increase in autonomous expenditure. This is further explained below.
<h3>What is a multiplier?</h3>
Generally, the amount by which the return on investment is greater than the investment itself is referred to as the investment's return on investment (ROI).
In conclusion, Marginal propensity to save (MPS) is the percentage of a person's income that they put away for savings for every unit that their income level rises.
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Answer:
the dog
Explanation:
is flying overtake the airplane
