(Answered) 1 assume taxes increase by 300 and government spending

Management Studies

1. Assume taxes increase by $300 and government spending increases by $300. The marginal propensity to consume is 0.75. Calculate the total change GDP.

2. If equilibrium output rises by a total of $400 billion in response to an increase in government spending of $80 billion, what is the marginal propensity to consume?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92420657
Price:- $20

Verified Expert

Priced at $40 Now at $20, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

Product used almond butteroperationsdiscuss the operational

Product used: almond butter Operations Discuss the operational concerns. Identify and examine as many practical issues, advantages and disadvantages that may be associated with each of the following activities: Engaging ...

Identify a company and discuss the key to their effective

Identify a company and discuss the key to their effective leadership and work motivation. What are some of the lessons learned?

A log yard uses 3 digit numbers to identify their current

A log yard uses 3 digit numbers to identify their current stock: a) How many 3 digit numbers can be formed from the digits 0, 1, 2, 3, 4 and 5 if each digit can be used only once and the number cannot begin with 0? b) Wh ...

Business ethicsinstructionsaddress both parts a and bthis

Business Ethics Instructions Address both Parts A and B This is an individual piece of work Deadline: The last day of week 7 Word Limit: 3000 Words Ground your answer in relevanttheory Plagiarism and reproduction of some ...

A bit-comparator is a combinational circuit with 2 inputs a

A Bit-Comparator is a combinational circuit with 2 inputs, A and B, and 3 outputs. L, E and G. Output L is 1 if A Output E is 1 if A = B, otherwise E is 0. Output G is 1 if A > B, otherwise G is 0. Show how the 2x4 decod ...

Given two strings of length n and m design an algorithm

Given two strings of length n and m, design an algorithm that outputs the length of the longest common substring of the two strings. If A[1, . . . n] is the array representing a string, then any contiguous chunk A[i, . . ...

Qualitative analysis for managerscan either influence

Qualitative Analysis for Managers Can either Influence Diagrams, Influence Tables, and Decision Trees or all of these techniques better structure the decision making process? Why or why not? Cite examples when this might ...

Discuss strategies to obtain feedback from a customer and

Discuss strategies to obtain feedback from a customer and clients when working in sales

Explain the contributions that teams make and how managers

Explain the contributions that teams make and how managers can help teams be more effective.

How does he the false of bait and advertising become

How does he the false of bait and advertising become problem in current and future healthcare facility?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert