Consider the following transactions: (i) A Japanese firm pays a U. S. consulting firm for consulting services. (ii) Fresh Garden purchases products produced in Mexico that it will sell in its U. S. stores. (iii) A German firm purchases bonds issued by Tesla. (iv) John Hopkins, a U. S. investor, receives dividends payments from Volkswagen Group (Germany). How many of them are Credit transactions on the U. S. Balance of Payment

Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?