The new level of saving is 12.8 billion for the mpc economy.
Setting a baseline consumption rate will be the first step. By dividing consumption by income, which results in 0.9 = C / 4 billion and a consumption value of 3.8 billion for an income of 4 billion, you can get the average inclination to consume.
Calculate the change in consumption, on the other hand. The marginal propensity to spend is determined by dividing the change in consumption by the change in income, keep that in mind. You obtain 0.9 = C/10bn as a result, changing your income by 9bn. Consumption rises by 9 billion as a result, reaching a new record of 9 plus 3.8 billion, or 12.8 billion.
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The statement "in the cost approach to valuation, land value can be estimated by comparing sales of vacant land that are similar to the subject land" is true.
<h3>What is valuation?</h3>
Valuation is an estimation of the price of a good or a product. When a product is manufactured, its evaluation is estimated. It is estimated by seeing the manufacturing price, labor cost, and raw material cost.
Here, the valuation of vacant land and subject land is estimated, which is similar by seeing the comparison. So the statement will be correct about the comparison.
Thus, the statement is true.
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The question is incomplete. Your most probably complete question is given below:
State whether true or false.
Answer:
Calculating the bill total for the week:
The Sum Function in excel is a very easy mathematical operation to sum the daily bill amounts. In the cell for the sum, you can manually enter the sum function by typing (=sum), then you define the parameters (=sum(C50:I50). One you press the "enter" the result is automatically displayed. This can also be automatically done by pressing the Sum Function on the Ribbon or Alt + =.
Explanation:
In Microsoft Excel, the Sum Function is a mathematical operation or syntax that provides the formula for adding, subtracting, or getting the total numerical content of indicated cells. With the Sum Function of Excel you can add, subtract, multiply, and divide, for example A1 * A4, C20/A2, A4 - A5, and so on.
Answer:
Option (a) is correct.
Explanation:
Given that,
Beginning balance of Retained Earnings = $75,000
Net income = $26,000
Ending retained earnings = $91,000
Total Balance during the year:
= Beginning balance of Retained Earnings + Net income
= $75,000 + $26,000
= $101,000
Dividend declared:
= Total Balance during the year - Ending retained earnings
= $101,000 - $91,000
= $10,000
Therefore, the amount of dividend declared by the Superior during its recent year of operation is $10,000.
The answer is fales hope i helped