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In an economy with no government and no foreign sector automous consumer spending is 250 billion planned investment spending is 350 billion and the marginal propensity to consume is 23. Plot the aggre?
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What are the basic sectors of the US economy?
consumer sectors, government sector, investment sector, and foreign sector.
Why do you care about marginal propensity to consume?
we do care about the marginal propensity to consume because it shows the ratio of an increase in consumption due to increase in income it does not matter what the income of the consumer,either high or low.
Assume that a change in government policy results in greater production of both consumer goods and investment goods?
this economy's ppc is convex to the origin
What four categories of economic activity are used to measure GDP?
1.Consumer Sector 2.Investment Sector 3.Government Sector 4.Net Export
Match each role with the action performed by people playing that role.?
consumer-provide labor and investment producer-provide individual goods government-provide public goods
What are the basic sectors of the US economy?
consumer sectors, government sector, investment sector, and foreign sector.
The component of the US GDP are?
I'll give you the expenditure approach Consumption- share of GDP from consumer spending Investment-share from firm investment Government Spending-share of government spending Net Exports (exports-Imports)
Why do you care about marginal propensity to consume?
we do care about the marginal propensity to consume because it shows the ratio of an increase in consumption due to increase in income it does not matter what the income of the consumer,either high or low.
Assume that a change in government policy results in greater production of both consumer goods and investment goods?
this economy's ppc is convex to the origin
What four categories of economic activity are used to measure GDP?
1.Consumer Sector 2.Investment Sector 3.Government Sector 4.Net Export
Match each role with the action performed by people playing that role.?
consumer-provide labor and investment producer-provide individual goods government-provide public goods
What are the significances of Marginal Propensity to Consume?
The marginal propensity to consume (MPC) is an economic concept to show the increase in personal consumer spending or consumption that occurs with an increase in disposable income. Here is the formula: MPC = change in consumption/change in disposable income A change in disposable income results in the new income either being spent or saved. This is the Marginal Propensity to Consume (MPC) or the Marginal Propensity to Save (MPS). MPC + MPS = 1
What are E Commerce models?
There are seven models of e commerce they are 1) Business to Business (B2B) 2) Business to Consumer(B2C) 3) Consumer to Consumer (C2C) 4) Consumer to business (C2B) 5) Business to government(B2G) 6) Government to citizen ( G2C) 7) Government to Business (G2B)
The primary determinate of consumer demand is?
Consumer Demand Co - constant Y = income T = Tax C1 = marginal propensity to consume (the percentage spent if another dollar is eanred) C = Co + C1(Y-T)
Why will producing investment goods today cause different results for the future of the economy than focusing more one consumer goods today?
This is because the investment goods are able to generate more revenue and consumer goods in the future compared to focus on consumer goods that are generate today. : )
Which are some best consumer product companies in KSA?
How much is the investment amount? What kind of consumer good do you want to promote? It deals with many brands and different categories of consumer goods.
What inspires consumer confidence increases purchases and speeds up the flow of investment and wages in the circular flow of the remarked system?
consumer-protection regulations
