Reference no: EM131174425
Cassiopeia is a country facing an acute financial crisis. Coupled with a negative growth? rate, the rate of inflation in the economy has increased to almost 12 percent. The government of Cassiopeia has recently appointed a panel of experts to suggest suitable fiscal measures. Ronald? Boyle, a member of the National Trade Union in? Cassiopeia, feels that the best policy on the part of the government would be to announce an income tax rebate in the current year.? However, Danny? Cox, an? economist, feels that income tax rebates will only reduce government revenue. According to? him, a substantial increase in aggregate demand can only result from government investment in real assets.
Which of the following is most supported by the information given in the? question?
A. The level of private sector spending on real assets in Cassiopeia has traditionally been low.
B. Both Ronald and Danny believe that an expansionary fiscal policy is always more effective than an expansionary monetary policy.
C. The government of Cassiopeia is currently running a budget surplus.
D. The marginal propensity to consume in Cassiopeia is high.
E. Irrespective of what policy measure the government implements to combat the? crisis, inflation in Cassiopeia is likely to increase further.
What type of evaluation tool was used
: Reflect on your last formal and informal performance evaluation experience and summarize the encounter. What type of evaluation tool was used? Do you think that the type of evaluation tool used had an effect on your post-evaluation performance?
|
List themes that you have identified in the short story
: List 2-3 themes that you have identified in the short story attached and - how you see the writing supporting this thematic direction.
|
Compute the hydraulic radius for this channel
: A drainage structure for an industrial park has a trapezoidal cross-section similar to that shown in Fig. 14.2(c). The bottom width is 3.50 ft and the sides are inclined at an angle of 60° from the horizontal. Compute the hydraulic radius for this..
|
Define majority and minority in america
: How have the terms minority and majority evolved during your lifetime? How is this supported or negated through your reading of this week's American minority writers? Please share your impressions from the reading, include a quote, and, perhaps, a..
|
Country facing an acute financial crisis
: Cassiopeia is a country facing an acute financial crisis. Coupled with a negative growth? rate, the rate of inflation in the economy has increased to almost 12 percent. The government of Cassiopeia has recently appointed a panel of experts to suggest..
|
What effect does your energy use have on natural resources
: What effect does your energy use have on natural resources? How may your sustainability methods be applied on an individual level? How can they promote a more sustainable living environment?
|
Quality replied that the car had been sold to an adult
: Quality Motors, Inc., refused to sell a car to Hays because he was only 16 years old. However, Quality told Hays that they would sell the car to an adult and then show Hays how to transfer the title to his name. Hays agreed with the scheme and came b..
|
Discuss the natuonal evidence which supports this suggestion
: Conceptualise the labour market as mediated by race, gender, ethnicity age, disability and sexuality. Identify and discuss the natuonal evidence which supports this suggestion.
|
Calculate the income tax liability
: Using the following tax bracket cutoffs (the cutoffs represent the top of that bracket) calculate the income tax liability for someone with $260,000 of taxable income. (taxable income means that all deductions and exemptions are already accounted for..
|