Suppose economists observe that an increase in government spending of $10 billion raises the total demand for goods and services by $30 billion.(a) if these economists ignore the possibility of crowding out, hat would they estimate the marginal propensity to consume (mpc) to be? (b) now suppose the economists allow for crowding out. would their new estimate of the mpc be larger or smaller than their initial one? explain.

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.

Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication