Suppose economists observe that an increase in government spending of $15 billion raises the total demand for goods and services by $60 billion.

If these economists ignore the possibility of crowding out, they would estimate the marginal propensity to consume (MPC) to be

1/4

3/4

1/4

4

Now suppose the economists allow for crowding out. Their new estimate of the MPC would be larger or smaller than their initial one

How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )

In most states, a licensee must provide a(n) of any existing agency relationships to all parties

Slimwood corporation made sales of $ 725 million during 2018. of this amount, slimwood collected cash for $ 670 million. the company's cost of goods sold was $ 300 million, and all other expenses for the year totaled $ 400 million. also during 2018, slimwood paid $ 420 million for its inventory and $ 285 million for everything else. beginning cash was $ 110 million. carter's top management is interviewing you for a job and they ask two questions: (a) how much was carter's net income for 2018? (b) how much was carter's cash balance at the end of 2016? you will get the job only if you answer both questions correctly.