Answer:
a) -4
b) -12 billion
Explanation:
Question 1) Calculate the Tax Multiplier
FIrst, we know that the Marginal Propensity to Consume = 0.8
Based on this, the formula is as follows:
Multipier = -Marginal Propensity to Consume/ (1-Marginal Propensity to Consume)
Multiplier = -0.8/ (1-0.8) = -0.8/ 0.2 = -4
The Tax Multiplier = -4
Question 2) The resulting change in the equilibrium quantity of real GDP demanded
Change in Demand = Change in Tax x The Tax Multiplier
Change in Demand = $3 billion x -4
= -12
This means that the equilibrium quantity of the real GDP is -12 billion
False. I could have a goal to turn into the sandman, and try real hard, but it's not gonna happen. Reasonable goals are achievable however.
Answer:
Printer set up error
Explanation:
The best internal control to detect this error, is to do a quick check on the printer set.
Answer:D. Does not constitute an acceptance of the offer.
Explanation:A Contract is a binding agreement between two persons with sound mind, contract agreements are contestable in the Courts,but for it to be acceptable as an evidence in the court of law certain prescribed conditions must be met.
Their was no agreement between Katrina and the company candy company, because her consent was not sort by the Company,the company should have sort her consent and if possible get her to sign certain agreement that will prevent Indiscriminate violation of the terms of agreement.
The given statement is True.
Ashish agrees without putting up much fight. James takes advantage of the fact that Ashish is sleep deprived and will be more likely to engage in unethical behavior.
Explanation:
Ethics are the rules, regulations, principles, that govern a person's behavior or affect how people conduct an activity.
Ethics are something that will be evaluated on the basis of either right or wrong. If a person chooses something which is right, he is exercising ethics.
So when James takes advantage of Ashis's sleep deprivation and forced him to do something which is not right, then this is an unethical behavior. But not only James is engaged in unethical practice, Ashish is also responsible for this unethical conduct, because he should have fought for the right, rather than accepting the James's order because of his sleep deprivation and avoid indulging in a conflict with him.
Learn more about Ethics at
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