Answer:
The explanation is given in the file attached
Explanation:
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Answer:
Lance’s attitudes are strongly influenced by the ideas of Bureaucratic theory
Explanation:
Bureaucratic theory was coined by Max Weber. Lance’s attitudes in this case relate to the various rules of a bureaucracy such as division of labor, formal selection procedure, and impersonality.
Concerning the formal selection procedure, staffing should be done on the basis of the most qualified and competent people in order to fulfill organizational goals.
Under the division of labor rule, employees’ there is clear definition of responsibility and authority of each employee.
Under the formal rules and procedures, bureaucracy requires managers to depend on these formal organizational rules when engaging employees.
Finally, impersonality rule requires rules and procedures to be applied to everyone uniformly.
Answer: $2500 ⇒ Equilibrium GDP
Explanation:
Given that,
autonomous consumption ( )= 500
government purchases(G) = 500
planned investment spending (I) = 500
Net Exports (NX) = (-500)
Y = GDP
MPC (c) = 0.6
Consumption (C) = + cY
= 500 + 0.6Y
Y = AD
Y = C + G + I + NX
Y = 500 + 0.6Y + 500 + 500 + (-500)
0.4Y = 1000
Y =
Y = $2500 ⇒ Equilibrium GDP
Answer:
24%
Explanation:
The computation of the average tax rate is shown below:
Given that
From income $0 to $100, no income tax is applicable
From income above $100 upto $400, the tax rate is 20%
The income above $400, the tax rate is 40%
So based on the above information
Since the Jane doe income is $500
So here the average tax rate is
= (400 × 0.20) + (100 × 0.40) ÷ $500
= ($80 + $40) ÷ ($500)
= ($120) ÷ ($500)
= 24%
This is the answer but the same is not provided in the given options