Suppose that disposable income, consumption, and saving in some country are $800 billion, $700 billion, and $100 billion, respectively. next, assume that disposable income increases by $80 billion, consumption rises by $56 billion, and saving goes up by $24 billion.
a. what is the economy’s mpc?

Answers

Answer 1

The mpc is the marginal propensity to consume and is the ratio of the increase of spent money over increase in income so in this case the consumption rises by $56 billion and the disposable income by $80 billion so the mpc would be 56/80=0.7.

Answer 2

Final answer:

The economy's MPC is calculated as the increase in consumption divided by the increase in disposable income, which is 0.7 in this scenario. The MPS is the remainder after accounting for consumption, which is 0.3, given MPC + MPS = 1.

Explanation:

The marginal propensity to consume (MPC) is a key concept in economics that describes the proportion of additional income that is spent on consumption. According to the information provided, the economy's MPC can be calculated by dividing the increase in consumption by the increase in disposable income. With a consumption increase of $56 billion and an income increase of $80 billion, the MPC would be 0.7 (56/80). Similarly, the marginal propensity to save (MPS) describes the proportion of additional income that is saved. Since the MPS must be the remainder of the additional income that is not consumed, and given that MPC + MPS = 1, the MPS in this scenario would be 0.3 (24/80).

Understanding the MPC is crucial as it plays a role in predicting how consumption will change as income changes. If, hypothetically, income starts at zero, there should be some base level of consumption due to the necessity of sustaining life. Based on the assumption of $600 billion of consumption at zero income, this example shows us how the consumption function operates as income levels rise.

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Related Questions

Identify and perform ten resistance training exercises. describe which phase of the exercise is the eccentric, concentric, and isometric phase of the movement. at which phase is the muscle the strongest? why? describe how what you have learned during this experience will help you in your future training endeavors.

Answers

The top 10 resistance training exercises are:
1) squats
2) lunges
3) dead lifts
4) pull ups or chin ups
5) lateral pulldown
6) bent over row
7) push ups
8) bench press
9) tricep push down
10) barbell curl

The phases of movement in an exercise are the following:
1) concentric - muscles contract and its fibers are shortening. movement goes inward ; towards the body. involves curling.
2) isometric - muscles contract but no movement. it neither shortens nor lengthens.
3) eccentric - muscles contract and its fibers are lengthening. movement goes outward; involves stretching.

More power is generated during the eccentric phase of movement. This phase also generates the most soreness because it causes the most number of micro-traumas. But compared to the other two phases, eccentric phase is safer when you train a pattern or motor movement repeatedly.

Keisha has been asked to give a presentation about a new method for processing customer returns. the first thing she should do is
a. develop an outline of the points she wants to cover in her presentation.
b. prepare the visual aids she will use in delivering the presentation.
c. determine the purpose of her presentation.
d. write the text of her presentation.

Answers

The correct option is C. The first thing she must do is to determine the purpose of the presentation. The purpose of the presentation will direct every other things she has to do in preparation for the presentation. For instance, knowing the purpose of the presentation will help her to list out her outlines correctly and to develop them.

True or false? because you have made it a practice to never access the internet while your personal database is open, you can rest assured that your database would likely not be vulnerable to any compromises.

Answers

That statement is false
As soon as a hacker successfully penetrate your system, that hacker could obtain access to every part of your computer, including all your personal databases. So, not opening your database while online will not protect you from the potential of intrusion.

The use of computer technology to provide exposure to feared objects during systematic desensitization is called ____.

Answers

The answer to this question is a Virtual reality therapy. A virtual reality therapy is also known as virtual reality immersion therapy or VRIT. Virtual reality therapy is a therapy for patients of PTSD and those who experience stroke which is set to be effective for this case. A special computer is used in this treatment and a simulation is being experienced by the patients.

For more advanced language learners, these can provide both news and drama from which teachers can create motivational practice activities in oral and written language.

Answers

the answer is: Radio Broadcast

Radio broadcast is a perfect platform for people who want to learn a new language because its provide:
- a 24 hour shows, so you could listen it anytime you want
- It only require your hearing, so you could do it while driving, cooking, or do other thing

if a reporter asks you, "When did your team stop floundering and get control of this emergency" the following is your best response

Answers

Your best response is ' MY TEAM INITIATED A UNIFIED, PROFESSIONAL RESPONSE FROM THE START'. This kind of response show professionalism, because you have not allow the question asked by the reporter to provoke you onto anger. Also, it show that you possess good communication skills.

You consider the situation, roll up your sleeves and get to work. what should be the first steps you take in obtaining the information you need in order to solve tristate's problem?

Answers

Setting up a meeting with marketing and other involved parties in order to define the problem that needs to be solved is one of the first steps that should be taken in acquiring the information you wish to get in order to solve Tristate’s problem You got off to a good start by choosing to define the problem before you started examining data or seeking new information

The first step involved in solving a tristate problem is to define the problem.

Further Explanation:

Defining the Problem: The defining the problem requires setting up meeting with the marketing and other involved parties in order to define the problem that needs to be solved. It involves collecting data and obtaining new information in order to define problem in absolute terms. Tristate problem is to find the way to use the surplus capacity. The states are having the surplus supply of the milk and wants to fin d the way that how the milk should is to be utilized. Once the problem has been defined properly, the research objectives can be determined like who would be interested in buying the flavored milk. After the objectives of the research has been determined based on that research plan well be developed.

Therefore, the first step involved in solving a tristate problem is to define the problem.

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Answer details:

Grade: High School

Subject: Business Research

Chapter: Research design

Keywords: Consider the situation, roll up your sleeves and get to work, what should be the first steps you take in obtaining the information you need in order to solve tristate's problem, defining the Problem .

What are the purposes of the two parts of the report of management? the purpose of the first part of the report of management is for management to?

Answers

the purpose of the first part of the report of management is to state it's responsibilities for internal control over financial reporting.

The second part of the report states managements responsibility for the fair presentation of the financial statements.

Explain why engagement risk, professional skepticism, and assessment of fraud risk are important in this scenario.

Answers

Engagement risk, proficient doubt, and appraisal of extortion chance are critical in light of the fact that this organization is new and secretly held. There is very little organization history, not to mention money related history for the organization, to guarantee this organization has a solid future

Puto pueros libros __________. i think that the boys read (present tense) the books. entry 1: point value: 3.0 points question 2 puto eos litteras ___________.i think that they will read the letters. entry 1: point value: 3.0 points question 3 puto puellas libros __________. i think that the girls are reading the books. entry 1: point value: 3.0 points question 4 putavi discipulos libros __________. i thought that the students were reading the books. entry 1: point value: 3.0 points question 5 putavi milites libros __________. i thought that the soldiers had read the books. entry 1: point value: 3.0 points question 6 puto litteras a pueris __________. i think that the letters are being read by the boys. entry 1: point value: 3.0 points question 7 puto puellas libros __________. i think that the girls will read the books. entry 1: point value: 3.0 points question 8 puto litteras a eis __________. i think that the letters have been read by them. entry 1: point value: 3.0 points question 9 putavi libros a militibus __________. i thought that the books had been read by the soldiers. entry 1: point value: 3.0 points question 10 putavi libros a militibus __________. i thought that the books were being read by the soldiers. entry 1: point value: 3.0 points

Answers

As I see, your topic is Latin infinitives. You have to choose between these verbs: legere, legisse, lecturos esse, lecturas esse, legi, lectos esse, lectas esse. I've put verbs from English and Latin versions in bold, to show how it translates.

1. Referring to the English translation: "I think that the boys read the books.", correctly completed sentence looks like this: Puto pueros libros legere. Legere = read or I/he/she/it am/is reading. Because it is present tense.

2. According to the English translation: "I think that they will read the letters.", the sentence should be completed like this: Puto eos litteras lecturos esse. As you see Lecturos esse translates like will read or be reading (future tense).

3. "I think that the girls are reading the books.", so the sentence should be completed like this: Puto puellas libros legere. As I've mentioned it before, in the cases of present simple it translates as are reading or read.

4. According to this translation: "I thought that the students were reading the books.", the sentence can be completed like this: Putavi discipulos libros legere. (Past tense).

5. The English version is: I thought that the soldiers had read the books. So the Latin version should be completed like this: Putavi milites libros legisse. (introductory perfect verb).

6. We know that the English version is: I think that the letters are being read by the boys. So the Latin version will be: Puto litteras a pueris legi. (are read or are being read.

7. If the English translation is: I think that the girls will read the books. The Latin one will be: Puto puellas libros lecturas esse. (Notice that this one is the same as the second sentence, but feminine).

8. We have English version of the sentence, that is: I think that the letters have been read by them. So the Latin one should be translated like this: Puto litteras a eis lectas esse.

9. Here we've got English translation:
I thought that the books had been read by the soldiers. The Latin version should be completed like this: Putavi libros a militibus lectos esse.

10. According to the English translation: "I thought that the books were being read by the soldiers.", the Latin version should be completed like this: Putavi libros a militibus legi.

A computer monitor uses 2.0 a of current when it is plugged into a 120 v outlet. the monitor is never turned off. what is the yearly cost of operating the monitor if the cost of electricity is $0.12/kwh

Answers

Power (P) is calculated by multiplying current (I) and voltage (V). This can be mathematically expressed as,

P = I x V

P = (2.0 A) x (120 V)
= 240 W

Converting 1 year to number of hours,
1 year x (365 days/1 year) x (24 hr / 1 day)
= 8760 hours

Calculating for the cost of power,

Cost = (240 W) x (1 kW/1000 W) x ($0.12/kWh) x (8460 hours)
Cost = $203.04

Thus, the yearly cost of power is approximately $203.04.

The yearly cost of operating a computer monitor that uses 2.0 A of current and 120 V outlet, to operate the monitor is $252.29. The answer is $252.29/year.

The student asked about the yearly cost of operating a computer monitor that uses 2.0 A of current when plugged into a 120 V outlet and is never turned off, with electricity costing $0.12/kWh. To calculate this, we first need to determine the power used by the monitor which is the product of the current (I) and the voltage (V), resulting in Power

(P) = I × V = 2.0 A × 120 V = 240 W.

This power needs to be converted to kilowatts, so P = 0.240 kW. Since the monitor is never turned off, it operates 24 hours a day for the entire year (365 days). Thus, the energy consumed (E) over a year is

E = P × time = 0.240 kW × 24 h/day × 365 days/year = 2102.4 kWh/year. Finally, we calculate the cost by multiplying the energy consumed by the cost of electricity,

Cost = E × cost of electricity = 2102.4 kWh/year × $0.12/kWh = $252.29/year.

Net income isâ ________.
a. the cash flow from the operations of the company during the period.
b. not cash flow.
c. the increase or decrease in cash flow for the period.
d. earnings before interest and taxes.

Answers

C. 'Net' anything is total gain or loss.

Net income is a not cash flow. The amount of money left over after all expenses have been paid is known as net income. The correct option is (b).

What do you mean by the Net income?

Sales are subtracted from cost of products sold, selling, general and administrative expenditures, operating expenses, depreciation, interest, taxes, and other expenses to arrive at net income (NI), also known as net earnings.

Investors can use this figure to determine how much a company's revenue exceeds its costs. This figure is a measure of a company's profitability and may be found on the income statement.

Businesses determine their earnings per share using net income. Since it appears at the bottom of the income statement, net income is frequently referred to as the bottom line by business analysts.

Therefore, Net income is a not cash flow. The amount of money left over after all expenses have been paid is known as net income.

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Mullin, inc, purchases supplies such as paper, and seat covers directly from manufacturers and then sells them to other firms. mullin, inc. is a (n) _____.

Answers

Mullin, inc, purchases supplies such as paper, and seat covers directly from manufacturers and then sells them to other firms. mullin, inc. is a (n) wholesaler.
Distribution of goods or things to specific customer types is wholesaling. Wholesaler is a person, company or firm who buys from various producers, a large quantity of goods and then resells to retailers. There are also some types of wholesalers.

Final answer:

Mullin, Inc. is a wholesaler, which is an intermediary that buys products in bulk from manufacturers and sells them to other businesses. Wholesalers play a critical role in the supply chain by providing services like storage and distribution.

Explanation:

Mullin, Inc., which purchases supplies such as paper and seat covers directly from manufacturers and then sells them to other firms, functions as a wholesaler. Wholesalers are intermediary entities in the distribution channel that buy in bulk from producers and sell these goods to retailers or other businesses, but not directly to the final consumer. The role of a wholesaler like Mullin, Inc. is crucial in the supply chain because it enables manufacturers to focus on production while simultaneously allowing businesses to purchase the items they need without having to buy large quantities directly from the producer. Therefore, wholesalers offer not just ease of access to products for retailers, but also services such as storage, distribution, and sometimes credit facilities.

How do oligopolies influence market inefficiencies?

Answers

Oligopolies are inefficient as they do not produce the highest overall utility for the society. Since the market of sellers is few they limit the number of products being sold/made in order to limit their cost but increase their profit per unit. This results in the firm's producing the goods to gain more of the utility generated by the market and the consumers receive something much less. The loss of the consumers then out weighs the gain of the producers hence the total utility of the system is lower.

Mezzah bros., a video store that sells dvds and entertainment publications, stores its products in separate warehouses. moreover, it uses different modes of transportation to deliver them to customers. this scenario illustrates the _____ of mezzah bros.â

Answers

this scenario illustrates the Logistical functions of Mezzah Bros
Logistical function refers to an effort to match exponential growth rate of a company with its growth in value.
Doing this will maximize future potential income and could help in diversing business so we can prevent risks

The purchase of store equipment for cash reduces assets and owner's equity by an equal amount.
a. True
b. False

Answers

false, increases assests

Gross Accounts Receivable is $12,000. Allowance for Doubtful Accounts has a credit balance of $600. Net sales for the year are $100,000. In the past, 2% of sales had proved uncollectible, and an aging of the receivables indicates $1,900 as uncollectible. What would be the adjusted balance of the Allowance account under the balance sheet approach? A. $2,000 B. $1,400 C. $2,500 D. $1,900

Answers

Under the balance sheet approach, the adjusted balance of the Allowance for Doubtful Accounts should be based on the aging of the receivables. The aging of the receivables provides the amount of uncollectible receivable (ending balance). Therefore, the adjusting balance of ADA would be $1,900.

When manufacturers such as pampered chef sell directly to consumers, they perform both production and retailing activities?

Answers

That statements is true

Manufacturer is a type of business that transform raw materials into a sellable goods, so technically they can be considered as a producer in the market.
Retailers is someone that sell the goods that produced by the manufacturers to the consumers.

So, in this case, they did perform both production and retailing activities

Macheath inc. bought 60% of the outstanding common stock of nomes inc. in an acquisition business combination that resulted in the recognition of goodwill. nomes owned a piece of land that cost $250,000 but was worth $600,000 at the date of acquisition. what value would be attributed to this land in a consolidated balance sheet at the date of acquisition?

Answers

The value that would be attributed to this land in a consolidated balance sheet at the date of acquisition is $600,000.00

During mergers or consolidations, assets like land, buildings, and machinery should be evaluated to get its actual adjusted value based on its book value, fair market value, good will, and other factors that may directly affect the valuation of the asset.

An asset's value on the date of acquisition should be its recorded value.

Luis consulting started the year with total assets of $60,000 and total liabilities of $17,000. during the year, the business recorded $48,000 in consulting revenues and $36,000 in expenses. luis made an additional investment of $8,000 and withdrew cash of $9,000 during the year. ownerâs equity changed by what amount from the beginning of the year to the end of the year? $11,000. $3,000. $12,000. $45,000.

Answers

Owner's equity at the beginning of the year is
Assets-liabilities
60,000−17,000=43,000

Owner's equity at the end of the year is
Beginning balance+revenues-expenses+additional investment-withdrawal amount
43,000+48,000−36,000
+8,000−9,000
=54,000

Owner's equity changed by
ending balance-beginning balance
54,000−43,000=11,000. ..answer

The owners equity changed by $11000. So, the correct answer is option A.

What is equity?

Equity refers to the ownership interest of shareholders in a company, represented by the assets that remain after all liabilities are paid. It is also known as net worth or shareholder's equity.

Owner's equity at the beginning of the year is

Assets-liabilities

60,000−17,000=43,000.

Owner's equity at the end of the year is beginning balance + revenues - expenses + additional investment-withdrawal amount:

43,000+48,000−36,000

+8,000−9,000

=54,000

Owner's equity changed by ending balance-beginning balance:

54,000−43,000=11,000.

Therefore, owners equity changed by $11000. So, the correct answer is option A.

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A state university announces that it is prohibiting the hiring of hispanics for certain jobs. this is an example of which kind of discrimination

Answers

According to US Equal Opportunity Commission, prohibition of hiring Non-Hispanics is part of the Race/ Color Discrimination. In Race/Color Discrimination in Work Situation, it is prohibited to discriminate in the aspect of employment including hiring, firing, salary and any other condition that pertains to employment.

A firm has good associations with its customers, suppliers, and others who provide added mutual value for the firm. name the form of intellectual capital that is possessed by the firm due to its good associations.

Answers

Relationship capital is the answer. it is a form of intellectual capital, which is the value derived from an organization's relationships with customers, suppliers, and others who provide added mutual value for the organization. It includes brand image and organization’s goodwill.

The growth of entrepreneurship is being fed by: question 1 options: diminished opportunities in overseas markets for larger corporations. the vilifying of large corporations in society. the return to a manufacturing-based economy. technological advancements.

Answers

The answer to the question above is the last option: TECHNOLOGICAL ADVANCEMENTS. This is known to be the source of the growth of entrepreneurship. Technological advancements have been increasing with time and this makes the lives of people easier, having different tasks done in a more comfortable manner. Also, with entrepreneurship, technological advancements have improved different styles and ways most especially, with the use of the internet and computer-generated devices. This made buying and selling easier and attainable for both the sellers and the buyers.

In competitive settings profits will lead firms to

Answers

In competitive settings, profits will lead firms to ENTER THE MARKET. On the other hand losses will leads firms to exist the market. In competitive settings, the incentives for carrying out production at low costs and devising new ways of pleasing consumers are pretty strong.

Which financial statements is divided into major categories of operating, investing and financing activities?

Answers

The financial statements that is divided into major categories of operating, investing and financing activities is the statement of cash flow. In this statement, the cash inflows and outflows of the company would be shown. The operating would show the cash flow in the normal operation of the business. The investing would show the cash flow in the investments of the company. And the financing will show the cash flow of the finances of the company. The primary purpose of this statement is to inform readers how much cash is available in the company. This will be a factor in determining the company's liquidity.

The multiplier will increase if the marginal propensity to consume? ______ or the marginal tax rate? ______.

Answers

The multiplier will increase if the marginal propensity to consume DECREASES or the marginal tax rate DECREASES.

Multiplier = 1 / 1-MPC
MPC or marginal propensity to consumer = change in consumption / change in income

Taxes and imports are identified as leakages. Leakages are money spent by an individual but not on domestic goods or services. Leakages reduces the size of the multiplier. Thus, the lesser the amount of leakages, the bigger the multiplier.

The payment to entrepreneurship is called

Answers

Profit is the payment to entrepreneurship. When the entity’s amount earned exceeds the amount spent in buying, operating, or producing something and it has a financial gain, this is then the term we call the profit. This is what an entity obtains when the amount of revenue from a business activity exceeds the expenses, costs and taxes which are all needed to sustain the activity. The owner may or may not decide to use the profit on the business. This is also defined as the money the business makes after all the expenses have been taken into account. It is any company’s goal to consistently earn profit. This is the reason why much of business performance is based on the various forms related to profitability.

As of june 30, 2013, actual tigers company has assets of $100,000 and stockholders' equity of $30,000. what are the liabilities for actual tigers company as of june 30, 2013?

Answers

'Actual Tigers Company'
Total Assets
$100,000
Stockholder Equity: $30,000

$100,000 - $30,000 = $70,000

$70,000 + $30,000 = $100,000

Total Assets - Equity = $70,000 (total liabilities)
$70,000 + Equity = $100,000 (total assets)

In accounting if we minus the total assets ($100,000) with equity ($30,000) it will always give the "total liabilities" which is (70,000)

Then, adding the "total liabilities" ($70,000) with the equity ($30,000) equals $100,000 equal like as the "total assets"of $100,000

The total assets MUST match the total liabilities. If they don't match then either the calculation of the total assets are inaccurate or the numbers are estimated wrong to recalculate.

The model of monopolistic competition characterizes the market for plumbing services in a city. suppose that the market is in long-run equilibrium. for a typical plumbing firm, price:

Answers

for a typical plumbing firm, price: will equals average total cost.
A market is considered to achieve equilibrium if the amount of Demand in the market is exactly the same as the amount of supply.
From this , we can conclude that if the market is in long-run equilibrium, the price of a product will always match the total cost.

Some physician practices will bill at rates from 100% of medicare to 500% of medicare. which one do you think is correct and why? discuss what are you going to look for and why?

Answers

From the perspective of the patient, clearly we would like to be billed at the lower rate of 100%. However, the physician most likely wants the maximum revenue so he would like the 500% rate. Somewhere in between should be acceptable. If a physician is only charging the 100% rate, as a patient, that may make me think that he is charging a reduced rate, possibly because he is not that good of a physician and needs more patients. I think a rate of 200-250% would be a good indicator that the physician is good and fair. He is not overcharging, but he is also not charging to little, which would be a red flag.

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Suppose that disposable income, consumption, and saving in some country are $800 billion, $700 billion, and $100 billion, respectively. next, assume that disposable income increases by $80 billion, consumption rises by $56 billion, and saving goes up by $24 billion. a. what is the economy’s mpc?

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Suppose that disposable income, consumption, and saving in some country are $800 billion, $700 billion, and $100 billion, respectively. next, assume that disposable income increases by $80 billion, consumption rises by $56 billion, and saving goes up by $24 billion.
a. what is the economy’s mpc?