Multiplier for private closed economy
For private closed economy, the data of columns 1 & 2 of the below table is given. Determine multiplier in this example?
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Since each rise of $50 billion in GDP raise aggregate expenditures by $40 billion, the MPC is .8 and so the multiplier is 5.
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Fund: A lawful budgeting and accounting entity which offers for the segregation of moneys or other resources in the State Treasury for obligations in accordance with particular restrictions or limitations. A separate set of accounts should be maintain
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If a stock with a standard deviation of 7% is combined with a stock that has a standard deviation of 5%, what will the standard deviation of the portfolio be? A) 6%B) Greater than 6%C) Less than 6%D) There is not
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Describe the Financial crisis during the time period of 1997-1998 ?
Technical: In the budget systems, refers to an amendment which clarifies, accurate, or else does not materially influence the purpose of a bill.
Staff Benefits: It is an object of expenditure symbolizing the state costs of contributions for employee’s retirement, health benefits, OASDI, and non-industrial disability leave advantages.
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