Question

give a
real-world (or hypothetical) example of how the spending multiplier
works. You might want
to include some numbers to help support your example.

Answer #1

Spending multiplier is the concept that shows that maximum impact that can be made upon the output with increase or decrease in spending. Spending multiplier is used to calculate on the basis of marginal propensity to consume (MPC). A bigger MPC means a bigger spending multiplier.

Spending multiplier has following formula:

Spending multiplier = 1/(1-MPC)

Let, MPC = .80

Then,

Spending multiplier = 1/(1-.80)

Spending multiplier = 5

Now suppose, government increases the spending by $100 Billion, then:

Maximum increase in real GDP = increase in spending * Spending multiplier

Maximum increase in real GDP = 100*5

Maximum increase in real GDP = $500 Billion

**Now, it can be observed that
increased spending of $100 Billion, has multiplier effect on real
output to increase to the level of $500 Billion. It is due to the
spending multiplier.**

How might this genetic biotechnology be important for you? Give
a real or imagined example

1. Give an example of using a weighted mean. how might it be a
better average than another measure of center like the mean?
2. Fill in the second column of the table
with any numbers you want.
This column will represent number of students
who had a certain score on a test.
Score
N (weight)
60
70
80
90
Calculate Weighted Mean for the score on this test.
Discussion C: The mean and the median are two types
of measures...

Make up a real-world scenario that describes
disintermediation!
Do not simply describe it,,,give a real-world example! You can
make one up if you care to!

Give an example of a real-world monopoly or a firm close to
being a monopoly. Discuss what you think is the source(s) of its
market power. For instance, do you think this is an example of a
cost-based monopoly or is there some other explanation, such as
advertising or network effects, etc.

How
does Policy Mix Affect the Four National Objectives? Give a real
world example of how nation(s) managed policies to meet national
objectives.

Can you explain how proof by induction works and give an
example?

Give me a real-life example of
a data distribution that you think is approximately normal, but
with a large spread (i.e. large standard deviation). Use Google or
other research methods to find the mean and standard deviation to
support your claim. What reasons or conditions attribute to the
large variation? (Here's my example: income - some people make
minimum wage, some people make $134M over 4 years. Think of another
example and do some research to find the standard deviation,...

Give two real-world examples of when a pie chart would be useful
to you in a professional application and in your everyday life.
Provide graph illustration(s). You should explain why the type of
graph you have selected is the best for your example.

Give a real life example of how you have personally used
financial and real assets. What is the difference between the
two.

Give an example of something that distracts you from writing and
describe how you might minimize or eliminate it.

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 1 minute ago

asked 1 minute ago

asked 6 minutes ago

asked 6 minutes ago

asked 11 minutes ago

asked 38 minutes ago

asked 38 minutes ago

asked 46 minutes ago

asked 52 minutes ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago