subject
Business, 13.02.2022 06:50 kalithekittenqueen

A. A recent stock market boom has increased household wealth by $20 billion, which increases consumption by $12 billion, and the marginal propensity to consume in the
economy is equal to 0.6.
In the new equilibrium, aggregate expenditure will increase
by $
billion
b. Rising interest rates reduce domestic consumption by $4 billion and reduce investment by
$7 billion, and the marginal propensity to consume in the economy is equal to 0.7.
In the new equilibrium, aggregate expenditure will decrease
by $
billion.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 11:00
Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units.required: prepare a production budget by month and in total, for the second quarter.
Answers: 3
question
Business, 22.06.2019 11:00
Aprofessional does specialized work that's primarily: degree based. medical or legal. well paying. intellectual and creative
Answers: 2
question
Business, 22.06.2019 11:40
Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.
Answers: 3
question
Business, 22.06.2019 23:00
Which of the following represents an unlimited queue? a. toll booth serving automobiles on the interstateb. drive through lane at a fast food restaurantc. faculty office with limited seating during office hoursd. restaurant with no outside seating and limited capacity due to fire departments restrictionse. small barbershop with only 5 chairs for waiting customers
Answers: 3
You know the right answer?
A. A recent stock market boom has increased household wealth by $20 billion, which increases consu...
Questions
question
Computers and Technology, 22.02.2021 19:10
question
Mathematics, 22.02.2021 19:10