Marginal propensity to consume

Assignment Help Business Management
Reference no: EM131312563

Suppose the government increases taxes by $50 billion and the marginal propensity to consume is 0.80. By how will equilibrium GDP change?The change in equilibrium GDP is: $________billion. (Round your solution to one decimal place and include the minus sign if necessary.)

Reference no: EM131312563

Questions Cloud

Develop a high level bcp using the mit template : Review what other libraries have develop as a BCP,Develop a recommended approach for Wilmington University Library,Develop a high level BCP using the MIT Template,Develop a Kaltura Slide presentation .
Summarize the regulation : Choose any of the following to write about through this website! http://www.freestatefoundation.org/publications/allfsfpublications.html 1) Summarize the regulation
What is the load factor : What is the average number of comparisons required to determine if the collection contains the key 73
By what percentage do you expect : What obvious other factor would you have to consider before making this change and allowing the increased load it implies? You're concerned about the slip resistance of a slip-critical joint you're designing.
Marginal propensity to consume : Suppose the government increases taxes by $50 billion and the marginal propensity to consume is 0.80. By how will equilibrium GDP change?The change in equilibrium GDP is: $________billion. (Round your solution to one decimal place and include the ..
Is it important for educators to know the learning style : Is it important for educators to know the learning style of their students? For this debate, you will be assigned to a particular debate group based on the first letter of your last name.
Manufacturing company purchased electrical services : A manufacturing company purchased electrical services for the next 5 years to be paid for with $70,000 now. The service after 5 years will be $15,000 per year beginning with the sixth year. After 2 years service the company, having surplus profits, r..
Fiscal stimulus of increased government spending : Monetary stimulus in the form of lower interest rates is an alternative to the fiscal stimulus of increased government spending. If a 0.1 point change in interest rates has the stimulus impact of $10 billion in spending, what is the monetary equiv..
Automatic stabilizers increase tax revenues : Suppose the federal budget is balanced but that automatic stabilizers increase tax revenues by $50 billion per year and decrease transfer payments (e.g., welfare, unemployment benefits) by $10 billion per year for every 1 percentage point change i..

Reviews

Write a Review

Business Management Questions & Answers

  What do you see as the central problem

Is SDI close to achieving a breakeven volume of sales? What is SDI's present strategy? What issues does management need to address? What do you see as the central problem/issue?

  What initiatives are underway to promote entrepreneurship

What initiatives are underway at the university to promote entrepreneurship in other fields where the university already has strong students.

  Entire strategizing process

The figure illustrates the entire strategizing process and each of its component activities. Briefly describe the components of the strategizing process.

  Summarize threats from the external environmental scan

Your SWOT analysis should summarize the opportunities and threats from the external environmental scan with the strengths and weaknesses from your organizational assessment or internal environmental scan.

  Issue of common and civil law systems

The issue of common and civil law systems internationally and intellectual property, copyright infringements, and legal ramifications

  Discuss what managers can do to successfully work with the o

Impact of Globalization Paper:In this paper, provide a descriptive title or heading for your paper by focusing on topics or countries that interest you, and then discuss the following concepts: 1) globalization and the drivers of globalization; 2) th..

  Courses and experiences in a university program

Discuss and explain courses and experiences in a University program would contribute to a person's growth, problem solving, written and oral communication skills, information retrieval and utilization, collaboration.

  Importance of the employee retirement income security act

Classify two (2) pros of an employee using the benefits that the employer provides and at least one (1) con that may be a conflict for an employee using such benefits.Note: Refer to cases in your textbook as you formulate your response

  Establish to help prevent situation

Identify the situation and state why you think that a policy is necessary. What is the policy that you will establish to help prevent each situation from happening in the future?

  Compare and contrast two project management programs

Compare and contrast two project management programs.

  Show the ratio analysis in decision making

Show the value of ratio analysis in decision making for heath care organizations - Describe the factors that affect the results.

  Explain about in inventory manager

Assume that you are an inventory manager and you notice that a lot of merchandise is being returned and Discuss what might be the possible causes and any action that you might take.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd