Answer:
The correct answer is d) neither the long-run Phillips curve nor the Classical dichotomy.
Explanation:
The answer that best suits the situation described is the Phillips curve in the short term but not in the long term.
The Phillips curve starts from the principle that the amount of money circulating (commonly called "money supply") has real effects on the economy in the short term. In this way, an increase in the money supply would have a beneficial effect on aggregate demand, as citizens will spend more when their nominal wages are increased (known as “monetary illusion”) and a more favorable framework for investment and investment will be created. that the prospects of rising prices will improve the expectations of corporate profits. The improvement in aggregate demand would result in greater economic growth, and this in turn in the creation of new jobs. This is how an inverse relationship between inflation and unemployment is established, expressed graphically by a downward curve.
Answer:
Y = 300
government multiplier 2
output demanded increase by 20
If income tax is applied:
Y = 272.72
multipliers: 2.253775
increase 22.53775 billons
As disclosure it has a larget effect when the income tax is levied based on income rather than a flat rate.
Explanation:
DI = Y - 100
C = 30 + 0.6(Y - 100)
C = 30 - 60 + 0.6Y
C = 0.6Y - 30
Y = C + G + I
Y = (0.6Y -30) + 120 + 30
Y = 120 / 0.4 = 300
C = (0.6)300 - 30 = 150
With C we solve for the multiplier:
150/300 = 0.5
1 / (1 - 0.5) = 2
10 x 2 = 20
If variable that:
C = 30 + 0.6 (0.75Y)
C = 30 + 0.45Y
Y = 0.45Y + 120 + 30
Y = 150/.55 = 272,72
C = 30 + 0.45Y = 152,72
Propensitivity to consume:
152.72/272.72 = 0,5563
multiplier:
1 (1 - PMC) = 2.253775073
10 nillon will icnrease x 2.25377 = 22.54 billons
Answer:
A. N0
B. She may likely bargain for the payments that was reason been that she expects the payments to be in a lower marginal tax bracket in 2021
C. NO
Explanation:
a. No .Based on the information given the amount of $252,000 was NOT constructively received in the year 2020 reason been that She has the amount of $132,000 which is a deferred income amount that
is not constructively received in 2019 and the reason why the amount was not received was because been under the main contract terms she did not have the sole right to receive the income in the year 2020.
b. Freda's willingness to spread her salary over a longer period of time may be due to the fact that She may likely bargain for the payments reason been that she expects the payments to be in a lower marginal tax bracket in the year 2021
c. Based on the information given she is NOT in constructive receipt of the income in the year 2020.
