subject
Business, 20.02.2020 05:28 lex3340

Congratulations yet again. You’ve just been appointed chairman of the Council of Economic Advisers in Textland. You must rely on your research assistant for the specific numbers. He says income is $50,000, mpe is 0.75, and the president wants to raise output by $2,000.

Instructions: Enter your responses rounded to the nearest whole dollar amount.

a. Advise him.

(Increase/Decrease) government spending by $ or (decrease/increase) taxes by $

b. Your research assistant comes in and says "Sorry, I meant that the mpe is 0.67." You redo your calculations rounding intermediate calculations to the nearest whole number.

(Decrease/Increase) government spending by $ or (decrease/increase) taxes by $

c. You’re just about to see the president when your research assistant comes running in, saying, "Sorry, sorry, I meant that the mpe is 0.5." Redo your calculations.

(Decrease/Increase) government spending by $ or (increase/decrease) taxes by $.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 03:00
Match the given situations to the type of risks that a business may face while taking credit.(there's not just one answer)1. beta ltd. had taken a loan from a bankfor a period of 15 years, but its salesare gradually showing a decline.2. alpha ltd. has taken a loan for increasing its production and sales,but it has not conducted any researchbefore making this decision.3. delphi ltd. has an overseas client. the economy of the client’s country is going through severe recession.4. delphi ltd. has taken a short-term loanfrom the bank, but its supply chain logistics are not in place.a. foreign exchange riskb. operational riskc. term of loan riskd. revenue projections risk
Answers: 1
question
Business, 22.06.2019 09:30
The 39 percent and 38 percent tax rates both represent what is called a tax "bubble." suppose the government wanted to lower the upper threshold of the 39 percent marginal tax bracket from $335,000 to $208,000. what would the new 39 percent bubble rate have to be? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places,e.g., 32.16.)
Answers: 3
question
Business, 23.06.2019 00:30
Listed below are several transactions that took place during the first two years of operations for the law firm of pete, pete, and roy.year 1 year 2amounts billed to clients for services rendered $ 170,000 $ 220,000 cash collected from clients 160,000 190,000 cash disbursements salaries paid to employees for services rendered during the year 90,000 100,000 utilities 30,000 40,000 purchase of insurance policy 60,000 0 in addition, you learn that the company incurred utility costs of $35,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period.required: 1. & 3. calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.2. prepare an income statement for each year according to the accrual accounting model.
Answers: 1
question
Business, 23.06.2019 02:00
Imprudential, inc., has an unfunded pension liability of $572 million that must be paid in 25 years. to assess the value of the firm’s stock, financial analysts want to discount this liability back to the present. if the relevant discount rate is 6.5 percent, what is the present value of this liability? (do not round intermediate calculations and enter your answer in dollars, not millions, rounded to 2 decimal places, e.g., 1,234,567.89)
Answers: 3
You know the right answer?
Congratulations yet again. You’ve just been appointed chairman of the Council of Economic Advisers i...
Questions
question
Arts, 10.03.2020 16:11
question
History, 10.03.2020 16:12
question
Mathematics, 10.03.2020 16:12
Questions on the website: 13722361