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Murrr4er [49]
4 years ago
15

An acceptance is valid if:

Business
1 answer:
Vesnalui [34]4 years ago
6 0

Answer:

The correct answer is A

Explanation:

Acceptance is the term which is defined in the law as the act or a promise on the part of the offeree, that indicating or stating the willingness to be bound by the terms and conditions (legally) mentioned in the offer.

For acceptance to be valid or essential, the requirement is that both the parties had a subjective perspective involved in performing the manifesting their assent.

Therefore, it will be valid is the intent is subjectively manifested.

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Questions about the tax multiplier:
lora16 [44]

Answer:

1. The tax multiplier for this nation is -2.33

2. The tax multiplier for this nation if a $150 increase in taxes reduces real GDP by $450 would be -3

3. Real GDP change will be of -$1,800 if the tax multiplier is-9 and taxes are reduced by $200

Explanation:

1. In order to calculate the tax multiplier for this nation according to the given data we would have to calculate the following formula:

tax multiplier for this nation=-MPC/1-MPC

tax multiplier for this nation=-0.7/1-0.7

tax multiplier for this nation=-2.33

The tax multiplier for this nation is -2.33

2. To calculate the tax multiplier for this nation if a $150 increase in taxes reduces real GDP by $450 we would have to make the following calculation:

tax multiplier for this nation=real GDP/increase in taxes

tax multiplier for this nation=-$450/$150

tax multiplier for this nation=-3

The tax multiplier for this nation if a $150 increase in taxes reduces real GDP by $450 would be -3

3. To calculate the amount of change will real GDP be if the tax multiplier is-9 and taxes are reduced by $200 we would have to make the following calculation:

tax multiplier=real GDP/increase in taxes

-9=real GDP/$200

real GDP=-9*$200

real GDP=-$1800

Real GDP change will be of -$1,800 if the tax multiplier is-9 and taxes are reduced by $200

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