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In 2009, the US Federal government cut taxes by approximately $300 billion, increased government spending by approximately $300 billion, and increased transfer payments by approximately $200 billion. Answer the following questions assuming that the marginal propensity to consume was 0.75. 5. What was the maximum change in GDP from the government spending? Show your work.
The monetary base increased by 20% during the contraction of 1929-1933, but the money supply fell by 25%. Why did this occur?
Explain the NIKE and FOXCONN business strategies and how they involved controversial manufacturing relations. Discuss your opinions about these strategies.
Certainly we can nod to the idea that economic growth needs to keep up with population growth to maintain our current standard of living. However, does growth in excess of population growth increase well-being. Others argue that the pursuit of growth..
Why is Operating Cash Flows, rather than accounting profits (Net Income), the better basis for emphasis on cash flows?
Title IX of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 appears to be driven in part by the Madoff Ponzi scheme. Indeed, af- ter the SEC’s investigations failed to detect the Madoff fraud (see Case 1.12), many sections of Ti..
Please tell me Determine compatibility between operating systems and software applications.
Summarize the article "Towards an Aesthetic of popular music" by Simon Frith in 500 words by following these steps:
Assume a firm has production technology given by f(L,K) = L^1/3 K^1/3. Assume pK = 1 = pL and compute the firm’s short-run and long-run cost functions.
Suppose L= sM and s is a positive integer. How many cities will likely develop? Explain why. How does this depend on s?
What is the total delay from the time you click on the webpage until the time that the entire webpage is displayed on your browser? Take into account all messages sent/received by the client host, including DNS, HTTP and TCP-related messages.
If an investor wants a portfolio risk with .1, then what proportion of her portfolio wealth should she invest in the stock, and what proportion should she invest in the risk free asset with Rf=.07? What will be her portfolio expected return? Standard..
If the firm wants a 9% after-tax rate of return and its combined incremental income tax rate is 34%, determine by annual cash flow analysis whether
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