There are two oil companies, Beverly Oil Company (BOC) and Clampett Exploration (ClEx), that have adjacent land leases over an oil reservoir of known size. They must choose whether to drill and the size of well to drill if they choose that option. It costs less to drill a narrow well, but the oil is extracted over a greater length of time. If one firm drills a narrow well and the other a wide well then the second firm will be able to pump the greater share of the oil in the reservoir. The payoff matrix for the game is

As the marginal propensity to consume (mpc) increases, the multiplier remains the same. increases. decreases. as the marginal propensity to save (mps) increases, the multiplier decreases. increases. remains the same. if the marginal propensity to consume is 0.30, what is the multiplier, assuming there are no taxes or imports? round to the tenths place. given the multiplier that you calculated, by how much will gross domestic product (gdp) increase when there is a $1,000 increase in government spending? $

Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall

What type of budget is stated? a budget is a type of financial report that scrutinizes the inflow and outflow of money in a given financial year.