Business, 08.10.2020 04:01, loanyst99111

What is the marginal propensity to consume when consumption changes from 7 to 6 and disposable income changes from 5 to 3? If disposable personal income is 10 and consumption is 12, what is personal savings? What does this mean? What is the multiplier when the change in equilibrium level of real GDP in the aggregate expenditures model is 9, and change in autonomous aggregate expenditures is 3? What is the multiplier when the marginal propensity to save is 1/3? What would happen to the marginal propensity to save when a tax cut was enacted causing the multiplier to change to 5?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 21:20, danielahumajova6

In a market economy, supply and demand are important because theya. (i) play a critical role in the allocation of the economy's scarce resources. b. (ii) determine how much of each good gets produced. c. (iii) can be used to predict the impact on the economy of various events and policies. d. all of (i), (ii), and (iii) are correct.

Answers: 3

continue

Business, 22.06.2019 21:30, mydoggy152

Which of the following best explains the purpose of protectionist trade policies such as tariffs and subsidies? a. they make sure that governments have enough money to pay for fiscal policies. b. they give foreign competitors access to new markets around the world. c. they allow producers to sell their products more cheaply than foreign competitors. d. they enable producers to purchase productive resources from everywhere in the world.

Answers: 1

continue

Business, 23.06.2019 00:10, riley01weaver1

Kcompany estimates that overhead costs for the next year will be $4,900,000 for indirect labor and $1,000,000 for factory utilities. the company uses direct labor hours as its overhead allocation base. if 100,000 direct labor hours are planned for this next year, what is the company's plantwide overhead rate?

Answers: 3

continue

Business, 23.06.2019 09:50, mmczora22

For the year, uptowne furniture had sales of $818,790, costs of $748,330, and interest paid of $24,450. the depreciation expense was $56,100 and the tax rate was 34 percent. at the beginning of the year, the firm had retained earnings of $172,270 and common stock of $260,000. at the end of the year, retained earnings was $158,713 and common stock was $280,000. any tax losses can be used. what is the amount of the dividends paid for the year? a. $6,466 b. $7,566 c. $5,266 d. $6,898 e. $7,066

Answers: 3

continue

Do you know the correct answer?

What is the marginal propensity to consume when consumption changes from 7 to 6 and disposable incom...