Search our library of homework questions

Top answers

All subjects

All levels

An economy has 3 leakages from the circular flow. The marginal propensity to save = 0.17, the marginal propensity to import = 0.23 and the marginal tax rate = 0.4. The government rises spending by £300 million, what is the final change in national income?

Multiplier = 1/sum of leakages = 1/(0.17+0.23+0.4)= 1/0.8 = 1.25Government increases spending by £300 million. Therefore, the change in national income = 1.25 x £300 = £375 million

Answered by Dylan T. • Economics tutor

2173 Views

Describe the features of a benzene ring that define its reactivity. How does phenol differ from this?

The six carbon atoms in benzene are arranged in a planar ring, with one hydrogen atom bonded to each carbon. Each carbon atom has 4 valence electrons, and uses three of them to form single bonds with the ...

Answered by Elizabeth F. • Chemistry tutor

4372 Views

In what ways and to what ends does Thomas Hardy present the idea of fate in Tess of the d'Urbervilles?

In Tess of the d'Urbervilles, Thomas Hardy asks the reader to question whether or not Tess has any control over what happens in her life. At the beginning of the novel, Tess is punished for the death of P...

Answered by Alicia B. • English tutor

3100 Views

Is the trapezium rule an exact method of integration?

The trapezium rule is not an exact method of integration, as it approximates the gradient between 2 ordinates to be constant. This method produces an overestimation for convex functions and underestimate ...

Answered by • Maths tutor

2886 Views

Define globalisation and explore one way in which it may bring about cultural change in developing countries.

The first requirement of the question is to define globalisation; Globalisation refers a process by which national boundaries are eroded and national economies, cultures, technologies and governance becom...

Answered by Zoe T. • Sociology tutor

3285 Views