Answer:
$240,000
$180,000
c. a smaller eventual effect on real GDP.
Explanation:
The eventual effect on real GDP of an increase in government purchases is the initial increase times the multiplier. The multiplier is
multiplier = 1 / (1−MPC)
where MPC is the marginal propensity to consume. The MPC is the fraction of an additional dollar consumers spend and 0.75 in this question. The eventual effect of the $60,000 increase is
$60000.0 × multiplier = $60000.0 × 1 / (1 − 0.75) = $60000.0 × 4 = $240000
The eventual effect on real GDP if the government increases transfers by $60,000 can be found by multiplying the transfer increase by the MPC and the multiplier.
$60000.0 × multiplier × MPC = $60000.0 × 4 × 0.75 = $180000
This is the same formula as in the case of government spending except for the additional multiplier, the MPC. When the government increases transfer payments, they effectively pay consumers directly, who only spend 75% (their MPC) of the initial $60,000 transfer.
Note that if MPC is equal to 0.5, then the multiplier is equal to 2. So the eventual effect is
$60000.0 × multiplier × MPC = $60000.0 × 2 × MPC = $60000.0 × 2 × 0.5 = $60000.0
In this special case, the eventual impact of a transfer is equal to the size of the transfer.
Unless the MPC is equal to 1, the eventual impact on real GDP for a change in government transfers will be less than the eventual impact for a change in government purchases.
What is conflict management
Answer: conflict management is the process of limiting the negative aspects of conflict while increasing the positive aspects of conflict so it can be defined as the process of dealing with disagreement or incompatibilities arising from opinions , objectives or needs .
Explanation: This is the meaning , hope it helps you . Please give brainliest . Thanks .
Lilliput is a country that has closed borders and does not import or export any goods or services; hence, they do not worry about trade with other countries.
Total spending for the federal government of Lilliput for the last fiscal year was $24.19 billion. The country collected $22.9 billion in taxes during this same fiscal year. Assume government transfers were zero.
Based on this information, what is Lilliput's budget balance? Enter your answer to two decimal places.
budget balance: $_____________ billion
In the last fiscal year, Lilliput was running
a. a balanced budget
b. a budget deficit
c. a budget surplus
Answer:
$ -1.29 billion
b. a budget deficit
Explanation:
Subtracting Lilliput's federal revenues (taxes equaling $22.9 billion) from spending (expenditures equaling $24.19 billion) gives
federal revenue − federal spending − federal transfer payments = $22.9 billion − $24.19 billion = −1.29 billion
When tax revenue exceeds government spending, there is a budget surplus. When spending exceeds taxes, the country runs a budget deficit. When spending is equal to tax revenue, the budget is said to be balanced.
In this case, there is a budget deficit.
Europa, a moon that orbits Jupiter, is quite different from Earth’s Moon. One characteristic it shares with Earth’s Moon is that Europa–
Explanation:
Notice how Europa is a moon that orbits Jupiter (a planet). Earth also has a moon that orbits Earth (a planet). These are both moons that orbits planets. I'm not sure but it's either the size comparison or how they both orbit planets.
Europa, a moon that orbits Jupiter, is quite different from Earth’s Moon. One characteristic it shares with Earth’s Moon is that Europa and Earth's moon are about the same size.
What is orbits?The term orbit refers to the regular, repeating path. It was the one object are the space takes around another one. It was the particular point on space. It was the circular path are the completing the round on the object. It was the gravity to the force in the completing the one circle.
Europa is a moon that orbits the planet (Jupiter). Earth's Moon is that Europa are the specific characteristics are covered in ice. Europa is frozen, it was the covered in the layer of ice. It was the cracked and discolored appearance in the solar system.
As a result, the significance of the orbit are the aforementioned.
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"What does 'religion' mean in sociology?" from a sociological perspective
Religion from a Sociological Perspective. Religion refers to the set of ideas, attitudes, and practices that are associated with holy or spiritual matters. Religion, according to social theorist Émile Durkheim, is a "unified system of ideas and acts relevant to sacred things" (1915).
Religion serves a variety of purposes in society. These include (a) providing life meaning and purpose, (b) supporting social unity and stability, (c) acting as a social control agency, (d) fostering physical and psychological well-being, and (e) inspiring individuals to fight for good social change.
Religion is another example of a cultural universal, as it exists in some form or another in all communities. Sociologists can use functionalism, conflict theory, and interactionism to better comprehend religion.
What are the three things Ms. Gorgens says parents should do when considering whether to allow their child to play football?
The context clues show that the three things the three things that Ms. Gorgens says parents should do when considering whether to allow their child to play football include study up, suit up, ad speak up.
What are context clues?It should be noted that context clues are the hints that are given in a literary work by the author.
In this case, the three things that Ms. Gorgens says parents should do when considering whether to allow their child to play football include study up, suit up, ad speak up.
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What is hierarchy of needs? Give definition in your own words
There are three 'links'
in the chain
between monetary policy, inflation, and
GDP. Which is the last 'link' or step in
the chain?
A. Decrease in nominal GDP & real GDP
B. Increasing imports
5
C. The Stock Market
Answer:
An increase in inflation means that prices have risen. With an increase in inflation, there is a decline in the purchasing power of money, which reduces consumption and therefore GDP decreases.10 Dec 2019
In the chain of contractionary monetary policy, the last link in the chain is a A. Decrease in nominal GDP & real GDP.
What chain does monetary policy lead to?When the Fed engages in contractionary monetary policy, they decrease money supply which leads to inflation decreasing as well.
When this happens, production in the economy slows down which means that both nominal and real GDP will fall.
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During the Constitutional Convention, small states did not want their representation based on
Which scenario is not guaranteed under the Articles of Confederation?
Answer:
a merchant
Explanation:
they can always use the same currency in Connecticut and Georgia
1. If you had to pick just one would you call yourself a boy, man, girl, woman, gender non-binary child or gender non-binary adult?
2. If you identified yourself as a boy, girl or gender non-binary child; when will you become a man, woman or gender non-binary adult?
Or
If you identified yourself as a man, woman or gender non-binary adult; when did you become a man, woman or gender non-binary adult?
Answer:
1 woman 2 just was destined to be 3 when I was born
The strongest leader of Athens known for his speaking skills was
Answer:
Pericles
Explanation:
Pericles was a great leader of Athens. In about 431 B.C., he made a famous speech. It honored Athenians who had died in the war with Sparta. It is know as "Pericles' Funeral Oration." In the speech, Pericles explains why Athens is great.
The accompanying graph illustrates an economy in long-run equilibrium which is denoted by point ELR.
Suppose a new technology is discovered which increases productivity. In the graph, demonstrate how the economy moves to its new long-run equilibrium by shifting the appropriate curves and placing point ELR at the new long-run equilibrium.
In the long run, the aggregate price level ______________ and real GDP (aggregate output) ______________.
WORD BANK
increases
decreases
does not change
Answer:
*see image*
Explanation:
When there is a change in the potential for an economy to produce goods, this will change long-run aggregate supply (LRAS). In this case, there is an increase in productivity. This increase in productivity leads to an increase in LRAS. The LRAS curve shifts out. Firms will respond either with new entry or increasing each firm's short run supply. As a result, the short run aggregate supply (SRAS) curve increases until it crosses LRAS at the same point as aggregate demand (AD) crosses LRAS.
Because there is an improvement in technology that has raised factor productivity, nation can produce more with same resources so LRAS and SRAS shift to the right.
In the long run, the aggregate price level decreases, and real GDP increases.
The aggregate demand and aggregate supply (AD‑AS) model shown depicts a hypothetical situation where a recent increase in expected income increases AD. The current AD (post adjustment) is depicted by curve AD1.
Please show what will happen to this economy next (ceteris paribus). Adjust only one of the curves in one direction. The original AD curve cannot be shifted.
Answer:
*see image*
Explanation:
The correct answer in this question is to shift the short‑run aggregate supply (SRAS) curve to the left. The new SRAS curve should meet with the AD1 curve and the long‑run aggregate supply (LRAS) curve all at the same point. The SRAS curve should not shift to the left farther than that.
In this example, the increase in expected income increased aggregate demand. The key to this problem is understanding that at the original AD curve, the economy was already at a long‑run, full employment equilibrium. So, this increase in expected income has increased output above the full employment level. After increase in aggregate demand (AD), the AD curve has shifted rightward to AD1, increasing both aggregate output and price level in short run.
This higher output is only temporary. It comes with increased prices, so workers and suppliers adjust their expectations to the higher price level. This decreases short‑run aggregate supply and shifts the SRAS curve to the left. The economy readjusts at the same full employment level of output, but at a much higher level of prices. Higher price level increases the cost of inputs, therefore raising production cost which makes firms reduce production and output. As a result, aggregate supply falls, shifting SRAS curve leftward to SRAS1, intersecting AD1 at the original aggregate output (potential GDP), but at a further higher price level as shown below.
The short-run aggregate supply (SRAS) curve should be moved to the left as the answer to this query. The long-run aggregate supply (LRAS) curve and the new SRAS curve should intersect at the same position. Beyond that, the SRAS curve shouldn't go further to the left.
In this instance, the rise in anticipated income raised total demand. The solution to this issue lies in realizing that the economy was already at a long-run, full employment equilibrium at the time of the original AD curve. As a result, output has increased above the threshold of full employment due to this increase in projected income.
After a rise in aggregate demand, the AD curve shifted rightward to AD1, which in the short term increased aggregate output and price level.
What is Aggregate Supply?The aggregate supply (AS) or domestic final supply in economics refers to the entire amount of products and services that organizations in a national economy hope to sell over a timeframe.
It is the overall value of goods and services that companies in an economy are willing and able to supply for sale at a certain price point.
What is Aggregate Demand?The overall demand for final goods and services in an economy at a certain period is known as aggregate demand (AD) or domestic final demand (DFD) in the field of macroeconomics.
Effective demand is a common name for it, however other times this term is used to make a distinction.
This is a country's demand for its gross domestic output. It details the volume of goods and services that will be bought at every price point. The aggregate demand is made up of investment, business and government expenditures, consumer spending, and net exports.
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Considering the heart-breaking news about educational field trip related accidents, are you in favor or disfavor in continuing this school activity? why?
To make an argument for or against continuing educational field trips, in-depth research must be carried out, to generate greater consistency to the argument.
How to create an argument?It is essential that your position against or in favor of a topic is formed from reliable sources, such as indexes and books, which generate greater reliability and persuasion about your point of view.
Therefore, if you are in favor of continuing educational trips, your argument may be that, in order to avoid accidents, compliance with safety regulations is necessary, and explain about the benefits of the activity.
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what do you do to protect the heritage in your community? write any one activity.
Answer:
creating public awareness among the people about the importance Heritage.
going to give brainliest Write a one-page summary of the checks and balances of the U.S. government. Use this chart and begin with the executive branch. Note the duties of each branch and how it would be impossible for each branch of government to have too much power.
Answer:
Explanation:
The Checks and Balances system provides each branch of government with individual powers to check the other branches and prevent any one branch from becoming too powerful. Checks and balances are principles of government under which separate branches are empowered to prevent actions by other branches and are induced to share power. Checks and balances are applied primarily in constitutional governments. The best example of checks and balances is that the president can veto any bill passed by Congress, but a two-thirds vote in Congress can override the veto. Other examples include: The House of Representatives has the sole power of impeachment, but the Senate has all power to try any impeachment.
How does war shape the development of civilizations
?
1. What is Ingenuity, and where is it located?
2. What is the importance of Jezero Crater?
3. Why is Ingenuity important to NASA?
Which of these is true of global economic flows?
Answer:
i would have answered it, but if you check this please redo it so people know what your talking about
Explanation:
Your friend tells you she is having a very hard time getting her 3-year-old toddler to pick up his toys after he's done playing with them. how would you encourage and reinforce the child's behavior in such a way that he starts picking up his toys after he's finished playing with them?Briefly explain using learning theories
Answer:
Using the reward theory, you could reward him after cleaning up toys, such as giving him candy or a snack afterward, or saying if he cleans up his mess a certain ammount of times, he can have a suprise
This tactic was used in the chocolate expirement
If you were the sixth member of this team, what kinds of communication might you enact to help relieve the tension of the group
One of the best ways to relieve the tension of a group in conflict is through dialogue and compromise.
What is Communication?This refers to the interaction between two or more people where message is sent, understood and feedback is received.
Hence, it is worthy to note that conflict resolution is important to avoid full-scale conflict and this can be done through dialogue and compromise.
Please note that your question is incomplete so I gave you a general overview to get a better understanding of the concept.
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1. What was the goal of most countries during this time period?
What makes a group a minority is that it is smaller in size
if you are in a public bathroom and someone knocks on your door, what would be the best response?
A. you stay silent
B. you say "im buzy"
C. you say "come in"
D. you open the door
What rights do states not have under the Constitution? HISTORY
Answer:
Article I, Section 10 of the Constitution of the United States puts limits on the powers of the states. States cannot form alliances with foreign governments, declare war, coin money, or impose duties on imports or exports.
Explanation:
What was the lifestyle of the Incas like? That is, how did the Incas live in South America?
The Incas in their way of life, lived in huts made of stone and straw, which only had one room and no windows. The walls are painted in bright colors.
#CarryOnLearning⇒ I hope I have helped you, greetings!
Atte: ||°Miraculer18°||
Daily life in the Inca empire was characterised by strong family relationships, agricultural labour, sometimes enforced state or military service for males, and occasional lighter moments of festivities to celebrate important life events in the community and highlights in the agricultural calendar.
Discretionary spending is government spending that:
The discretionary spending of a government is the spending that needs to be authorized every year.
What is discretionary spending?While this spending is not required by law, it is necessary to allow the government to meet its objectives of taking care of the people.
Because it is not required by law however, it needs to be authorized by the government's legislative branch every year in order for it to be spent. An example if the annual budget that Congress has to agree on.
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What do the 20 towns that Saleemul Huq plan have in common
Answer:They have at least 1 million residents
Explanation:
The 20 towns that the Saleemul Huq plan has in common is the approximate population that was present in that region.
What is Saleemul Huq's plan?The Least Developed Countries' participation in the United Nations Framework Conference on Climate Change is now being supported. He is looking into the effects of adaptation strategies and how vulnerable countries with little development are to climate change.
About 20 subsidiary towns across the nation with a present count of around 500,000 could each take in another 500,000 migrants and a program is being developed to transform these secondary places into climate-resilient, immigrant-friendly communities. This was the most common thing that was presented in the region of these 20 towns under the plan.
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Advantages of living in big cities
Answer:
You will probably live closer to your job and closer to other places that will be more convienent than living in a rural area.
Explanation:
Read the sentences from the text.
In a cotton mill in Georgia, boys and girls had
to climb onto a frame in order to reach and
replace empty bobbins. A bobbin is a kind of
reel for holding thread.
Which word from the sentences is a
homophone for a word that means “not
imagined or made up; actual”?
O A. mill
O B. frame
O C. empty
O D. reel
Answer:
The answer is reel Explanation: yes
Why do you think democratic societies tend to lean toward capitalistic economies and totalitarian regimes tend toward socialism?
Democratic societies tend to lean toward capitalistic economies because in a democratic system, there's freedom for people.
What is capitalism?It should be noted that capitalism simply means the economic and political system where trade are controlled by private individuals.
Democratic societies tend to lean toward capitalistic economies because in a democratic system, there's freedom for people while totalitarian regimes tend toward socialism.
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