subject
Business, 25.02.2020 03:38 coryintheswamp

Suppose that Kim K decides to spend $30,000 on an American made purse instead of donating it to Haitian earthquake relief. Assume that the multiplier is 1.9. How much will GDP rise when Kim K buys her purse according to the multiplier effect? Would buying the purse increase America's GDP by more, less, or the same as donating the money to Haitian earthquake relief? Suppose she instead donated to tornado relief in Joplin, MO. Would buying the purse increase GDP by more, less, or the same amount as spending on tornado relief?

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 21.06.2019 17:30, u8p4
The digby's workforce complement will grow by 20% (rounded to the nearest person) next year. ignoring downsizing from automating, what would their total recruiting cost be? assume digby spends the same amount extra above the $1,000 recruiting base as they did last year. select: 1 $2,840,000 $3,408,000 $570,000 $475,000
Answers: 1
image
Business, 22.06.2019 18:50, saltytaetae
Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)
Answers: 3
image
Business, 22.06.2019 19:10, EthanIsHyper
According to the textbook chapter, “the emotional connection of distinguishing differences and conflict”, which of the following groups of terms describes best the skills/resources that managers need when managing differences in their organization? energy, commitment, tolerance, and appreciation energy, adequate funding, tolerance, and appreciation funding, tolerance, a strong hr department, and tolerance energy, a strong hr department, patience, and strong leadership skills
Answers: 3
image
Business, 22.06.2019 19:20, cathydaves
Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is:
Answers: 1
You know the right answer?
Suppose that Kim K decides to spend $30,000 on an American made purse instead of donating it to Hait...

Questions in other subjects:

Konu
English, 15.07.2019 18:30
Konu
Social Studies, 15.07.2019 18:30