An "autonomous person" is someone who <span>understands the risks and benefits of his or her participation and is able to make a voluntary decision if adequate information is provided. An autonomous person is able to make decisions based on how the situation relates to their values, preferences, or beliefs. This type of person stays true to themselves and makes sure the decisions they make are made with thought and trust. </span>
Answer:
You would have to commit to your future self about tax returns.
Explanation:
Answer: fall; decrease
Explanation:
People save in order to be able to consume in future. If it is discovered that there will be no fixture, there would be no need to save. The supply of loanable funds would therefore decrease as people stopped saving.
Because there is reduced loanable funds, less investments would be done as these require loanable funds. With less investments being done, the economic output will decrease.
Answer:
(B) $20 billion
Explanation:
Given a certain level of MPC, an increase in government spending (G) by a certain amount translates to an increase in aggregate demand (AD) through the relationship below.
where Δ means <em>change.</em>
<em />
Therefore, given ΔAD of $50 billion, and MPC of 0.6,
=
=
= ΔG = 50 * 0.4 = 20
Therefore, increase in government purchases = $20 billion.
Answer: C. interest expense will not be a constant dollar amount over the life of the bond.
Explanation:
When a bond is sold at a discount, the discount will have to be amortized over the life of the bond to ensure that it reaches par at maturity.
As a result, the interest expense will be based on a larger figure every year which would mean that it would have to be larger each time. t will therefore not be a constant dollar amount over the life of the bond.