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Which ma scale is large and which one is small?
1:24,000, 1:50,000, 1:125,000, 1:2,000,000, 1:5,000,000, 1:21,000,000
Small scale maps show a larger geographic area and less detailed and large-scale maps show a smaller geographic area with greater detail. The 1:24,000 scale is fairly large. The 1:50,000 scale goes as an intermediate. 1:125,000 is the size of...
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the slope of the consumption function is measured by the marginal propensity to save. true or false
The slope of the consumption function tells us how much consumption increases when disposable income increases by one rupee. That is, the slope of the consumption function is the MPC.
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If marginal propensity to save is 3/4, then the marginal propensity to consume is
MPC or Marginal propensity to consume is also given as, (1-MPS). Where, MPS is marginal propensity to save.So, if MPS =3/4Then MPC = (1-3/4) = 1/4 or 0.25
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If marginal propensity to save is 0.6 and the government decreases its spending by R50 billion, then south africa ' s real GDP or total income will
MPC=1-MPS=1-0.6=0.4m=1/MPC=1/0.4=2.5Total income will decreases:m*R2.5*50=125 billion
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Marginal propensity to save is 0.3. Calculate MPC and the expenditure multiplier.
Marginal propensity to save (MPS) is a part of the additional monetary unit received by the population, which increases the real cash income of the population and is aimed at...
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How to calculate marginal propensity to save?
Marginal propensity to save – change in saving due to changes in income:MPS= ΔS/Δywhere ΔS is the increase in savings; Δy the increase in income; MPS is the marginal propensity...
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Jane earns an income of R10 000 a month and pays R1 500 towards income tax, and when her income increases to R24 000 a month, she now pays R3 600 towards income tax. This is an example of a?
A progressive tax
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Jane earns an income of R10 000 a month and pays R1 500 towards income tax, and when her income increases to R24 000 a month, she now pays R4 200 towards income tax. This is an example of a
This is an example of an increase in the income tax rate depending on the level of wages.With an income of 10,000, Jane pays income tax in the amount of...
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Assume an economy has no imports and no taxes. If the marginal propensity to save is 0.8, by how much would autonomous expenditure have to increase, to cause real gdp to rise by 100 billion
If consumers spend 80 cents out of each dollar of disposable income, we can conclude that the government spending multiplier in a simple Keynesian model is 20.The multiplier will be 1...
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