An increase in government spending of $300 billion and a tax cut of $300
billion will have equal effects on the budget balance and unequal effects on
real Gross Domestic Product (GDP). Expansionary will be the effect of a
government deficit.
Answer:
(a) Compute the return on investment (ROI) for the current year.
Current ROI 8.72%
Explanation:
Sales 3,018,000
- Variable Cost 1,979,808
- fixed cost 594,600
Operating Income 443,592
Operating assets 5,087,200
Return on Investment
ROI = 433,592/5,087,200 = 0.087197 = 8.72%
<span>McGregor called those who prefer to watch over their employees as they complete every task of their jobs Theory X, and those who empower their employees to work independently Theory Y. Theory X has a negative opinion while Theory Y has a positive one.</span>
Answer:
attributed as causes of corruption: Greed of money, desires. Higher levels of market and political monopolization. Low levels of democracy, weak civil participation and low political transparency
