Reference no: EM131178822
Calculate the government-taxation multiplier for each marginal propensity to consume. Instructions: Round your answers to two decimal places.
a. The marginal propensity to consume (MPC) = 0.2, and the government spending multiplier is 1.25. The taxation multiplier is ?.
b. The marginal propensity to consume (MPC) = 0.5, and the government spending multiplier is 2.00. The taxation multiplier is ?.
c. The marginal propensity to consume (MPC) = 0.8, and the government spending multiplier is 5.00. The taxation multiplier is ?.
d. What do your results imply about the relative strength of changes in government spending versus changes in taxation for fiscal policy, all else equal?
Changes in government spending will have an indeterminate effect on GDP and income compared to changes in taxes.
Changes in government spending will have a bigger effect on GDP and income than will changes in taxes.
Changes in government spending will have an equal effect on GDP and income compared to changes in taxes.
Changes in government spending will have a smaller effect on GDP and income than will changes in taxes.
|
Develop and implement operational plans
: Explain what operations planning is, and detail the processes that should be followed to develop and implement operational plans. Outline the risk analysis procedures that might be followed and the procedures that would be followed to develop cont..
|
|
What is the expected total number of tickets you receive
: In an arcade, you play game A 10 times and game B 20 times Each time you play game A, you win with probability 1/3 (independently or the other times), and if you win you get 3 tickets (redeemable for prizes), and if you lose you get 0 tickets. Game B..
|
|
Examples of hofstede cultural dimensions across cultures
: Consider examples of Hofstede's Cultural Dimensions across cultures. Choose two distinctly different countries from this list (e.g., United States & Venezuela). How would you set up HR programs and practices differently for the same organization ..
|
|
Result of poor communication-inaccurate demand forecasting
: 1. The bullwhip affect is the result of poor communication and inaccurate demand forecasting. The demand forecast comes in from the retailers and if they are overestimating their demand so they are making larger orders.
|
|
Calculate the government-taxation multiplier
: Calculate the government-taxation multiplier for each marginal propensity to consume. Instructions: Round your answers to two decimal places.
|
|
How vertical integration can create value
: Identify the three fundamental explanations of how vertical integration can create value and discuss how value is created under each (please include, as part of your discussion, the conditions or assumptions that underlie each explanation).
|
|
Discuss the advantages of using styles in a document
: Discuss the advantages of using styles in a document. What is the difference between a paragraph style and a character style. How do you create a new style?
|
|
Who would you consult to implement the codes of practice
: As the supervisor, what would you recommend Sally based on the codes of practice? If you find several other employees doing the same, who would you consult to implement the codes of practice? Why may a consultation with higher authority needed for th..
|
|
Compute the unit cost for materials and conversion cost
: Compute the equivalent units of production for materials andconversion costs for the month of September.- Compute the unit cost for materials and conversion cost for the month.
|