Suppose economists observe that an increase in government spending of $13 billion raises the total demand for goods and services by $65 billion. 1. if these economists ignore the possibility of crowding out, what would they estimate the marginal propensity to consume (mpc) to be? round your answer to the nearest one hundredth. 2. now suppose the economists allow for crowding out. would their new estimate of the mpc be larger or smaller than their initial one?

Do you think a travel organization company might be able to get less expensive airline tickets then you as an individual could get? (no less then 25 words)

Jeanie had always been interested in how individuals and businesses effectively allocate their resources in order to accomplish personal and organizational goals. that’s why she majored in economics and took on an entry-level position at an accounting firm. she is very interested in further advancing her career by looking into a specialization that builds upon her academic background, and her interest in deepening her understanding of how companies adjust their operating results to incorporate the economic impacts of their practices on internal and external stakeholders. which specialization could jeanie follow to get the best of both worlds? jeanie should chose to get the best of both worlds.

In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of: