Business
Business, 14.04.2020 01:27, jumana3

As an elected official, you have been informed that real GDP is below its potential and that action should be taken to encourage economic growth and bring the economy to its long-run equilibrium. The marginal propensity to consume is 0.7, and the amount of new government spending is $700 billion. What is the multiplier? Compute this to the first place beyond the decimal.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 14:50, keishadawson
The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?
Answers: 1
image
Business, 22.06.2019 20:00, tvoalicea
Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25
Answers: 1
image
Business, 22.06.2019 20:00, nestergurl101
With the slowdown of business, how can starbucks ensure that the importance of leadership development does not get overlooked?
Answers: 3
image
Business, 22.06.2019 21:10, elijahedgar876
Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.
Answers: 3
Do you know the correct answer?
As an elected official, you have been informed that real GDP is below its potential and that action...

Questions in other subjects:

Konu
Biology, 13.03.2021 14:00
Konu
Chemistry, 13.03.2021 14:00