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Assume that political instability around the world causes American business firms to decrease business investment signaling the start of a recession in the economy.
a. How would a recession impact the federal budget?
b. If real GDP drops to $800 billion while potential GDP is $1,200 billion and the marginal propensity to consume is .75, then
i. Calculate the minimum change in government spending that could close the recessionary gap. Show your work.
ii. Calculate the minimum change in personal income taxes that could close the recessionary gap. Show your work.
c. How will the change in real interest rates caused by either action in part B impact economic growth in the United States?
The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.
Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..
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Prepare a major handout on the key principles of instructional leadership
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