Business, 24.10.2020 21:50, jayleneeeee
If real GDP is $570 billion, full employment GDP is $300 billion, and the marginal propensity to consume is 0.9, then Congress should
a. increase taxes by $20 billion.
b. increase taxes by $30 billion.
c. increase taxes by $270 billion.
d. increase spending by $27 billion.
e. decrease spending by $270 billion.
Please explain! Not sure how to do this type of problem.
Will mark brainliest!
Answers: 3
Business, 22.06.2019 14:00, breana758
Bayside coatings company purchased waterproofing equipment on january 2, 20y4, for $190,000. the equipment was expected to have a useful life of four years and a residual value of $9,000. instructions: determine the amount of depreciation expense for the years ended december 31, 20y4, 20y5, 20y6, and 20y7, by (a) the straight-line method and (b) the double-declining-balance method. also determine the total depreciation expense for the four years by each method. depreciation expense year straight-line method double-declining-balance method 20y4 $ $ 20y5 20y6 20y7 total $
Answers: 3
Business, 22.06.2019 21:20, eichlingkera13
Which of the following best explains how trade enables greater specialization among producers? a. trade diversifies the market by bringing specialized goods from around the world. b. trade requires distribution networks and adds one more step to the production process. c. trade enables producers to open up new markets for their goods and services. d. trade allows people to focus on one kind of production and trade for their other needs.
Answers: 1
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