are £7 billion‚ how much is the level of saving? (e) If national income now rose to £80 billion and‚ as a result‚ the consumption of domestically produced goods rose to £58 billion‚ what is the mpcd? (f) What is the value of the multiplier? (g) Given an initial level of national income of £80 billion‚ now assume that spending on exports rises by £4 billion‚ spending on investment rises by £1 billion‚ whilst government expenditure falls by £2 billion. By how much will national
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Metering Formula 1. Meter Multiplier Meter Multiplier - the multiplier applied to the register reading to obtain kilowatt-hours. M = Kh X Rr X Rs X CTR X VTR 10‚000 Where ; Kh = watt-hour constant of the meter in watt-hour per revolution Rr = register ratio = the number of revolutions of the register worm wheel for a revolution of the first dial pointer (right hand). Rs = gear ratio = the number of revolution of the disk for one revolution of the first point CTR = current transformer
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103 Midterm Answer (Fall 09) Q1: 1a) Economic growth occurs when a country chooses to allocate some of its resources to the production of capital goods‚ instead of consumption goods. This expands the resource base‚ allowing the country to produce more goods and services thus furthering economic growth. Economic growth can also occur when more productive technology is used. Technology makes the production process more efficient so more goods and services can be produced without increasing the
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Exam Name___________________________________ MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Equilibrium in the goods market occurs where A) aggregate expenditure equals autonomous consumption. B) real GDP equals nominal GDP. C) aggregate expenditure equals real GDP. D) autonomous consumption equals induced consumption. 2) Other things equal‚ if planned investment spending is greater than actual investment spending‚ then aggregate expenditure
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Assume there are 365 days in a year. Day Sales Outstanding= Receivables / Average Sales per day AR = 20 X $20000 = $400‚000 3.2 Vigo vacations has an equity multiplier of 2.5.The company’s assets are financed assets with some combination of long-term debt and common equity. What is the company’s debt ratio? Equity Multiplier = 2.5 Equity Ratio = 1/2.5 = 0.40 the formula is: Debt Ratio + Equity Ratio = 1 Debt Ratio = 1 - Equity Ratio = 1 - 0.40 = 0.60 or 60% 3.3 Winston Washer’s
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springer.com/article/10.1007%2FBF02824057?LI=true. (accessed Dec 19‚ 2012) Encyclopedia Britannica‚ 2008. The Local Multiplier Effect‚ Yes! Magazine. Nov 16‚ 2006. http://www.yesmagazine.org/issues/go-local/the-local-multiplier-effect. (accessed Dec 19‚ 2012). Rendahl‚ P. 2012. A case for balanced-budget stimulus. http://www.voxeu.org/article/time-spend-new-insights-multiplier-effect . (accessed Dec 19‚ 2012).
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The Economics of Business and Management Assignment No. 3 & 4 Q1 Draw and label the circular flow model and use it to answer the following: [pic] The circular flow can be explained very easily with a simple formula. GDP (gross domestic product) = C + I + G + X – Z= = C + S +T – B In here C is the consumption‚ I is investments‚ G – government spending‚ S – savings. On the other hand X is export‚ Z is imports T is for taxes and B is the benefits. The circulars flow shows the
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Week 3 Knowledge Check Study Guide Concepts Mastery Score: 7 / 9 Questions INTEREST RATE 67% 1 2 3 MONEY MULTIPLIER 100% 4 5 6 QUANTITATIVE EASING 100% 7 MONETARY POLICIES 50% 8 9 Concept: INTEREST RATE Mastery 67% Questions 1. If you expect interest rates to rise‚ you will want to be holding A. more money because prices will likely fall 1 2 3 B. less money because bond prices will likely rise C. more money because bond prices will likely rise D. less money because bond
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•H.P.Gautam The purpose of this article is not to explain any more the usefulness of normal distribution in decision-making process no matter whether in social sciences or in natural sciences. Nor is the purpose of making any discussions on the theory of how it can be derived. The only objective of writing this article is to acquaint the enthusiastic readers (specially students) with the simple procedure ( iterative procedure) for finding the numerical value of a normally distributed variable. The
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Executive Summary The ultimate goal for the Air Multiplier is to become the most famous fan and have the highest market share in the industry in Japan. Dyson should aim to increase brand awareness when introducing the product to Japan. The product is extremely safe‚ because of the lack of blades‚ and should appeal to families with young children concerned with safety. Also‚ the innovative design of the product should appeal to those who have an interest in high-tech electrical appliances‚ which
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