Business

Nicholas Lawson

27 September, 19:54

Suppose that the government increases spending by $100 billion as a stimulus package. If the marginal propensity to consume is 0.6, then real GDP will: decrease by $400 billion. increase by $600 billion. decrease by $250 billion. increase by $250 billion

+1

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “Suppose that the government increases spending by $100 billion as a stimulus package. If the marginal propensity to consume is 0.6, then ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

These financial statement items are for Cullumber Company at year-end, July 31, 2022. Salaries and wages payable $ 3,900 Salaries and wages expense 59,100 Supplies expense 16,800 Equipment 17,000 Accounts payable 4,100 Service revenue 67,700 Rent

Fitzgerald Tech owns 20,000 shares of Buchanan Industries, which it purchased for $450,000 in 2016. On March 6, 2020, Fitzgerald declares a property dividend of all Buchanan shares on the basis of one share Buchanan for every 10 shares of Fitzgerald

The earnings per share is (A) $3.00 (B) $14.70 (C) $6.80 (D) 8.1% (p. 533) 1. 2. The debt ratio is (A) 26.3% (B) 14.3% (C) 7.00 (D) 17.0% (p. 526) 2. 3. The current ratio is (A) $70,000.00 (B) 0.74 (C) 54.3% (D) 3.80 (p. 535) 3. 4.

Type the correct answer in the box. Todd has hired an inverter to ensure that there is never a loss of power in his new factory.

MC Qu. 111 A company has an overhead application ... A company has an overhead application rate of 121% of direct labor costs. How much overhead would be allocated to a job if it required total labor costing $27,000?

New Questions in Business

Name the type of unemployment occurring in each of the causes below and explain your answer. (a) Frank recently lost his job as the computer manufacturing company he works for recently downsized after poor sales and poor performance of the economy

Requiring industries to recycle 25% of plastics in their manufacturing process is an example of:

What primary economic activities are associated with making jeans?

Bricker enterprises purchased a machine for $207,000 on october 1, 2018. the estimated service life is ten years with a $20,500 residual value. bricker records partial-year depreciation based on the number of months in service.

What are two specific steps Chuck and Wendy could take to increase their net worth in the next year?