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Consider the equation: Y= C(Y-T) + I + G
a. Calculate the total differential for this equation.
b. Holding I and G constant, derive an expression for the tax multiplier (dY/dT)
If graphed, would the curve for this equation slope upward or slope downward and are the variables C and Y inversely related or directly related?
Elucidate possible consequences of failing to properly disclose certain items in financial statements.
Suppose that the adult population is 4 million, the number of unemployed is 0.25 million, and the labor-force participation rate is 75%. What is the unemployment rate and which contract should the player accept, based on the concept of present valu..
Describe pricing strategy to meet organizational goals.
Expalin how does it estimate the demand for new products so that it can prepare a production run. Which is more important for your business: lower cost, quality, customer expectations, or some other feature.
What is the value price elasticity of demand.
In national income accounting, grain fed to a hog at a commercial hog farm is considered a(n) a. final good b. intermediate good c. consumer good d. capital consumption allowance
Illustrate what are the pros and cons of alternative strategies to tackle a foreign market.
When there is deflation, as in inflation of -1%, the real interest rate that Herb pays (as compared to what he expected to pay): increases, so Herb feels poorer decreases, so Herb feels richer increases, so Herb feels richer decreases, so Herb fee..
Explain the law of diminishing marginal utility and Why are there so many more proprietorships than corporations, yet corporations account for so much more of the sales of business firms in the country?
The Los Angeles retail market for unleaded gasoline is fiercely value competitive. Suppose situation faced by a typical gasoline retailer when the local market price for unleaded gasoline is $2.50
Assume that at current consumption levels an individual marginal utility of consuming an extra hot dog is ten whereas the marginal utility of consuming an extra soft drink is 4.
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