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Why is the consumer considered ''King'' in a capitalist economy?
The consumer is considered King, in a capitalist economy, because the spending of the consumer is what drives the entire economy. The more the consumer spends the better the economy becomes.
Average person in your society spends about what percent of their food dollar away from home?
47.5%
In business terms what is the definition of consumer spending?
Consumer spending is the amount of money which a households spends. This includes large purchases for the home such as major appliances as well as regular necessities as food and clothing.
What makes increased government spending an effective tool for increasing demand?
By increasing government spending, you increase the demand for certain products because the government is looking to buy those products. The government can act as a consumer, and when a consumer spends more, the demand for goods and services is increased.
Suppose the savings rate is 15 for every dollar the government collects in tax revenue and spends on public good and infrastructure the net result will be?
an increase in total investment by 85 cents
Why is the consumer considered ''King'' in a capitalist economy?
The consumer is considered King, in a capitalist economy, because the spending of the consumer is what drives the entire economy. The more the consumer spends the better the economy becomes.
Average person in your society spends about what percent of their food dollar away from home?
47.5%
In business terms what is the definition of consumer spending?
Consumer spending is the amount of money which a households spends. This includes large purchases for the home such as major appliances as well as regular necessities as food and clothing.
Three friends go to the local farmer and market. Latasha spends 3.35. Helen spends 4 times as much as Latasha. Dada spends 7.50 more than Helen. How much do Dada and Helen spend?
Latasha = 3.35 Helen = 3.35 x 4 = 13.40 Dada = 13.40 +7.50 = 20.90
What is an affluent consumer?
Someone who has a lot of money, and spends a lot of money on material things which they don't actually need.
What makes increased government spending an effective tool for increasing demand?
By increasing government spending, you increase the demand for certain products because the government is looking to buy those products. The government can act as a consumer, and when a consumer spends more, the demand for goods and services is increased.
Who spends government money?
The government spends it.
Is Obama taking down the paper dollar?
Yes. When the government spends money that it does not have, it lowers the value of the dollar and raises the price of most goods that we buy as citizens. More dollars chasing the same amount of goods = higher prices for milk, gas, etc.
Suppose the savings rate is 15 for every dollar the government collects in tax revenue and spends on public good and infrastructure the net result will be?
an increase in total investment by 85 cents
Are glass or wooden patio sets worth it?
A patio set is best determined on what the consumer is looking for. If your family often spends time outside on your patio you may want to invest in a patio set. If it rains often you may not want glass with metal, because it may rust. Ultimately this decision is up to the consumer.
What is the past tense of spends?
The past tense of "spends" is "spent."
Suppose the savings rate is 15 percent. For every dollar the government collects in tax revenue and spends on public goods and infrastructure, the net result will be _____.?
an increase in total investment by 85 cents
