If marginal propensity to consume equals 0.6 and the change in income is $12 billion, what is the change in consumption

Answers

Answer 1

Based on the marginal propensity to consume and the change in income, the change in consumption was $7.2 billion.

What was the change in consumption?

The change in consumption can be found as:

= Change in income x Marginal propensity to consume

Solving gives:

= 12 billion x 0.6

= $7.2 billion.

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Answer 2

The Answer Is:

$7.2 Billion


Related Questions

What are the main differences between checking and savings accounts?.

Answers

Answer:

Checking is used for everyday activity, as for saving it is for saving money!

Explanation:

Santander Bank: checking accounts are primarily for accessing your money for daily use while savings accounts are primarily for saving money.

An entrepreneurial startup can be successful, if three ingredients are critical. What are they?.

Answers

Answer:

A viable opportunity, available resources, and a qualified and motivated founding team.

Explanation:

True or false: In addition to distributing products within each foreign market, marketing managers also have to determine how to get the products to foreign markets.

Answers

It is TRUE that in addition to distributing products within each foreign market, marketing managers also have to determine the strategies to get the products to foreign markets.

Who are marketing managers?

Marketing managers are employees responsible for managing the promotion and positioning of a company's brand or products and services.

Marketing managers must attract more customers to the company and raise brand awareness by creating effective marketing campaigns.

Thus, it is TRUE that in addition to distributing products within each foreign market, marketing managers also have to determine the strategies to get the products to foreign markets.

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During _____, an advertising researcher would be most likely to use aided recall, sales tests, and inquiry tests.

Answers

Answer:

Creative concept research

Explanation:

Hope this helps

Imagine that your boss is delegating parts of a project to you and to another team member. Because the other team member has a longer work history with the boss and is highly trusted, you are assigned the unchallenging portions of the project. What do you say or do

Answers

Don’t start a scene, Just do the unchallenging portions of the work there’s not much you can do when it comes to these type of situations.

In a period of rising prices, which of the following inventory methods generally results in the lowest amount of net income?.

Answers

the answer is…

LIFO Method

Routinized Response behavior is a consumer problem-solving process used when buying: ___________.
i. Moderate cost items requiring a moderate search-and-decision effort
ii. Low-cost items requiring very little search-and-decision effort
iii. High cost items requiring extensive search-and-decision effort
iv. Moderate cost items requiring very little search-and-decision effort

Answers

I think it would be Low cost items requiring very little search and decision effort. sorry if incorrect.

How can you get your money back if you send a p2p payment to the wrong person?.

Answers

When a payment is sent to the wrong person using p2p, the money cannot be gotten back since it is equivalent to giving money to a wrong account. However, the person can lay a complaint to the customer service to take action.

What is P2P Payment?

P2P payment is a system of payment where money is sent to another member of the crypto community in exchange for a coin to be sent to the individual's wallet. It is equivalent to giving someone cash.

When a user mistakenly sends money to the wrong person, the money cannot be gotten back. But if the sender has the details of the wrong receiver, an appeal can be made for the money to be reversed. However, if this is not the case, then the money would have to be forfeited.  

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A team of hr professionals is reviewing options for the new benefits package. During their first meeting, evona suggested offering the contract to healthplus hmo, and the others agreed with evona for the sake of unanimity, without ever researching or analyzing the decision. Evona and her team are engaged in:.

Answers

Analyzing the case, as the agreement and unanimity of a professional team, it is correct to say that Evona and her team are engaged in groupthink.

What is groupthink?

Corresponds to the cohesion and integration of a team, in which members are able to accept each other's points of view and generate consensus, without presenting critical reasoning or evaluation of other alternatives.

Therefore, although groupthink is effective for team cohesion and integration, it can lead to reduced creativity and innovation, as individuals seek consensus in order not to generate conflicts and unbalance the team.

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Question 10 of 10
Credit unions differ from banks because they don't do what?
A. Have ATM machines
B. Seek to make profits
c. Offer checking accounts
D. Give out loans
SUBMIT

Answers

Answer:

how to get rid of the red sky episode of this is not a good time for you guys to come over for

The process of making the organization into a well-ordered whole is referred to as Select one: A. motivating. B. planning. C. organizing. D. controlling.

Answers

The process where an organization is made into a well-ordered whole is known as C. Organizing.

What is an organization?

It should be noted that an organization simply means a group of people working together to achieve a common aim.

In this case, process where an organization is made into a well-ordered whole is known as organizing. This is important to achieve organizational goals.

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Price discrimination occurs when: Group of answer choices a seller charges different prices to different consumers of the same product or service. firms maximize their profit by setting price equal to marginal cost. a seller charges different prices to consumers, discriminating by race or gender of the consumer. a seller charges the same price to consumers of a different product or service.

Answers

Answer:

A seller charges different prices to different consumers of the same product/service.

The term ______ refers to the unofficial activities and interactions that are a basic part of daily operations within formal organizations. Multiple choice question.

Answers


bureaucracy's other face

Carter is a salesman with great hoops, inc. His boss tells him that the company needs more buyers for its inflatable basketball hoops. Carter decides to open up the phone book and start calling businesses to determine their interest in his product. This is typical of which stage in the selling process?.

Answers

the answer is..

Prospecting

The activity described where Carter opens up the phone book and starts calling businesses to determine their interest in the inflatable basketball hoops is typical of the "Prospecting" stage in the selling process.

Prospecting is the first stage in the selling process where the salesperson identifies potential customers or prospects who might be interested in the product or service they are offering.

It involves searching for potential buyers through various means such as cold-calling, using online databases, attending networking events or seeking referrals.

In Carter's case, he is using the phone book to identify potential businesses to approach and gauge their interest in purchasing the inflatable basketball hoops. Once he identifies potential leads, he will move on to the next stages of the selling process such as qualifying leads, making sales presentations, handling objection and closing deals.

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A solution was made by dissolving 800. 0 g of NaOH in 25,200 g of water. Calculate the morality, molality, and mole fraction of NaOH

Answers

The morality, molality, and mole fraction of NaOH is mathematically given as

morality= 4 ppmmolality=0.7936mx1 = 0.152

What are the morality, molality, and mole fraction of NaOH?

Question Parameters:

A solution was made by dissolving 800. 0 g of NaOH in 25,200 g of water.

Generally, the equation for the Molality   is mathematically given as

molality = (mass / molar mass) x (1/ weight of solvent kg)

Therefore

M= (800 /40) x (1 /25.2)

M=0.7936m

Therefore

m= 10 x 18 / 1000

m= 0.18

Hence

x1 = 0.18 - 0.18 x1

1.18 x1 = 0.18

x1 = 0.152

Where the mole fraction is x1 = 0.152 The mass is

m= (800 / 800 + 2000) x 1000

m= 28.57 %

Hence the morality

molality = mg /L

molality= 8000 x 10^-3 / 2 L

morality= 4 ppm

In conclusion, the morality, molality, and mole fraction of NaOH are given respectively as

morality= 4 ppm

molality=0.7936m

x1 = 0.152

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What are the three functions performed by intermediaries in a marketing channel?.

Answers

Some of the functions performed by intermediaries in a marketing channel includes:

a physical distribution of goodsinventory storagesorting of goods.

What is a marketing channel?

Its refers to the way at which distribution of goods takes place from manufacturer to the final consumers.

Who are the intermediaries in a marketing channel?

An intermediaries means the people actively involved in the distribution of goods or services to the consumer and they includes agents, wholesalers, distributors, retailers etc

In conclusion, the function that includes a physical distribution of goods, inventory storage and sorting of goods are performed by intermediaries in a marketing channel.

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Cody is an intrapreneur for a multinational wearable electronics company. Which statement best describes Cody's duty

Answers

Answer: He will use the firm's existing resources to develop new products.

He will create new products using the company's existing resources

What are resources?

All materials available in our environment that are technologically accessible, economically possible, and culturally sustainable that assist us to satisfy our needs and desires are referred to as resources. Resources are divided into two types based on their availability: As

Cody is an entrupuners in a multinational company there are certain duty is to be there that Cody has to be followed they have to be innovative and more creative with the products they have to follow the strategy as they can make more profit from it as they have many resources for the innovation. Renewable and non-renewable resources. They can also be classed as actual or potential based on their level of development and use, as biotic or abiotic.

Therefore, He will create new products using the company's existing resources.

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Ayayai Corp. sells merchandise on account for $2100 to Marigold Company with credit terms of 2/9, n/30. Marigold Company returns $100 of merchandise that was damaged, along with a check to settle the account within the discount period. What is the amount of the check

Answers

Based on the fact that Marigold Company returned some merchandise and paid within the discount period, the check amount would be $1,960.

What would be the check amount?

The credit terms 2/9, n/30 mean that if Marigold Company pays their balance in 9 days, they get a 2% discount.

The amount they will pay for settling their debt in that time is therefore:

= (Amount - Returns ) x ( 1 - discount)

= (2,100 - 100) x ( 1 - 2%)

= $1,960

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In employee is taking part in a performance appraisal process that requires the employee to rate a coworker's performance. In this case, the coworker is also the employee's spouse. This situation is an example of ________.

Answers

Performance appraisal is peculiar to establishments to better improve such. When a situation as the above is the case, then, tge situation is an example of Halo and Horn Effect.

Halo and Horn Effect

Halo and Horn Effect is when our first impression of somebody leads us to have a biased positive or negative opinion of their work or company. Hence, the relationship will most likely reflect in such situation.

Therefore, the answer is Halo and Horn Effect.

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A prospective buyer contacts Pam, a broker, about a house on the market. The buyer tells Pam that he does not like Asians, and asks her whether there are many Asians living in the neighborhood. How should Pam answer this question

Answers

If the buyer asks her whether there are many Asians living in the neighborhood. Pam should tell the buyer that: He/she is prohibited by law to discuss racism.

What is racism?

Racism can be defined as a form of discriminations that occur among people either because of color, ethnics, age or background.

Based on the given scenario Pam should respond to the buyer by telling the buyer that racism is not allow or prohibited by law and therefore she is not allow to discuss the racial composition of a neighborhood.

Inconclusion the buyer is prohibited by law to discuss racism.

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Positive economics:Question 14 options:a) is the same as normative economics.b) describes opinions and perspectives on how the world should work.c) describes how the world does work.d) is based on opinion polls.

Answers

Answer:

C, describes how the world does work

Explanation

A fundamental distinction in economic analysis is between normative and positive economics. Normative economics describes what things ought to be, while positive economics describes what things are.

At any given point in time, households would demand a ____ quantity of loanable funds at ____ rates of interest. a. greater; higher b. greater; lower c. smaller; lower

Answers

Answer:

b. greater, lower

Explanation:

Outline ways in which the productivity of land can be improved​

Answers

getting better rest, meditation, exercise, hydration, mental focus exercises like military box breathing, and good nutrition just to name a few. it depends on the caause of lack of productivity.

if you cant focus well, a fidget toy may help. if your sluggish, better rest may help. and if your depressed meditation may help. i hope THIS helped!

Last year a company spent $11 million on Internet advertising. If that amount increases by 17 percent this year, how much will the company spend on Internet advertising?

Answers

If a company spent that much on internet advertising and increased it by 17%, the new amount spent would be $12.87 million.

How much did the company spend on advertising?

The amount spent can be calculated as:

= Amount x (  1 + increase in advertising)

Solving gives:

= 11 million x (  1 + 17%)

= 11 x 1.17

= $12.87 million

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which focuses on the degree to which members of an organization are confrontational and aggressive in their relationships with others

Answers

Performance Orientation: The degree to which a collective encourages and rewards (and should encourage and reward) group members for performance improvement and excellence. Assertiveness: The degree to which individuals are (and should be) assertive, confrontational, and aggressive in their relationship with others.

Javier, the owner of Javier's Tacos, has noticed that residents of his town are flocking to a new taco truck in increasing numbers. After doing some research, Javier learns that consumers enjoy the food truck because almost all the taco ingredients are locally sourced. Javier decides to add locally sourced ingredients to his menu. This is an example of ______.
A. substitution
B. direct imitation
C. resource immobility
D. a value chain

Answers

Answer:

a is the answer to your question

How long do you have to work to qualify for unemployment?.

Answers

until you are eligible to pay check entitlement

Answer: Each state determines who is eligible for unemployment insurance benefits, however you are usually eligible if you: Are jobless due to no fault of your own. In most states, this implies that you had to leave your previous position due to a lack of accessible work. Comply with all labor and wage standards.

Explanation:

On the Debt Financing tab, which option should be selected in the "How Input" field to model a refinance?

Answers

Debt financing takes place when a company raises money by selling debt instruments to investors.

What is debt financing?

Your information is incomplete. Therefore, an overview of debt financing will be given. Debt financing simply occurs when a firm sells fixed income products, like bonds, bills, or notes.

Debt financing is the opposite of equity financing. The main advantage of debt financing is that the business owner doesn't give up any control of the business.

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when the unemployment rate____the natural unemployment rate, the real gdp is____ potential gdp and the output gap is

Answers

It should be noted that when the unemployment rate is currently above the natural unemployment rate, the real gdp is below potential gdp and the output gap is low.

What is unemployment rate?

unemployment rate can  be regarded as the percentage of unemployed individuals that can be seen in an economy .

This are  individuals that are currently not in the labour force and the real gdp is below potential GDP when unemployment rate is currently above the natural unemployment rate.

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Erik, a management intern at Struebing, Inc., was tasked with investigating ways for Struebing to more effectively compete on a global basis. He was intrigued to learn about ________ as a framework by which to improve quality and to gain certification in accordance with these quality standards.

Answers

He was intrigued to learn about  ISO 9001  as a framework by which to improve quality.

What is  ISO 9001?

ISO 9001 which full meaning is International Organization for Standardization is a quality management organization that provide a quality standard for company or organization to follow so as help them provide quality service to their customers or clients

ISO 9000 is important for companies as it enables them to improve their quality so as to meet their customer expectation.

Inconclusion he was intrigued to learn about  ISO 9001  as a framework by which to improve quality.

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