A charge nurse is delegating a task. The nurse understands which of the following represents effective delegation? Select all th
1 answer:
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Answer:
a. The government needs to increase spending by $0.45 billion and decrease taxes by $0.5 billion.
b. The real GDP will fall short of potential GDP by $3.6 billion.
c. The real GDP will fall short of potential GDP by $4 billion.
d. If government overestimates MPC change in spending or taxes will be too small.
Explanation:
The GDP gap is $4.5 billion.
a. The marginal propensity to consume is 0.90.
Government spending multiplier
=
=
= 10
The government needs to increase spending by
=
=
= $0.45 billion
Tax multiplier
=
=
= -9
The government needs to decrease taxes
=
=
= $0.5 billion
b. The marginal propensity to consume is 0.50.
Government spending multiplier
=
=
= 2
If the government increases spending by $0.45 billion,
The real GDP will increase by
=
=
= $0.9 billion
The real GDP will fall short of potential GDP by
= $4.5 billion - $0.9 billion
= $3.6 billion
c. Tax multiplier
=
=
= -1
If the government decreases taxes by $0.5 billion
The real GDP will increase by
=
= $0.5 billion
The real GDP will fall short of potential GDP by
= $4.5 billion - $0.5 billion
= $4 billion
d. If the government overestimates the value of the MPC, then its change in spending or taxes will be too small and real GDP will fall short of potential GDP.
Answer:
Cost of Goods Sold is = $697213.44
Explanation:
given data
depreciation expenses = $28,900
sales = $755,000
retained earnings = $10,200
paid interest = $6,200
dividends = $5,000
tax rate = 33 percent
solution
first we get here EBIT that is express as here
EBIT = Earnings for equity holders + Tax + Interest ...............1
Earnings for equity holders = Dividend Paid + retained earnings
Earnings for equity holders = $5,000 + $10,200 = $15200
here Tax is = × 33 = 7486.56
so here EBIT = $15200 + $7486.56 + $6,200
EBIT = $28886.56
so Cost of Goods Sold is = sales - depreciation - EBIT ..................2
Cost of Goods Sold is = $755,000 - $28,900 - $28886.56
Cost of Goods Sold is = $697213.44