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Problem 1
List three things that would cause a RIGHTWARD SHIFT in the Aggregate Demand curve. List three things that would cause a RIGHTWARD SHIFT in the Aggregate Supply curve.
Problem 2
There has been extensive discussion of the "wealth effect." The argument goes that inflated stock values were partially responsible for the strong U.S. economy of the 1990's. Explain this linkage in words and then illustrate with an Aggregate Demand/Aggregate Supply diagram
Problem 3
Explain the fundamental difference in the "Keynesian" view of the economy and the classical view
Problem 4
Suppose the government increases education spending by $20 billion. Based on an MPC of 0.75, how much additional consumption will this increase cause? Show your work.
Problem 5
Would a millionaire and a poor person have the same MPC? Explain thoroughly.
Problem 6
The federal government increases spending by $1 billion to develop a new fighter jet. If the MPC in the economy is 0.1, what will be the overall spending effect on the economy? Show your work.
Advise Gordon and Pamela about capital gains and income tax consequences and any effect that their son's tax treatment of the payment will have on them. You should discuss possible discounts and exemptions that may be available to them.
five years ago lacey kaylee and doug organized a software corporation dlk which prepares and sells online meetings
Calculate Johnsons expense deduction using the 2011 Form 2106 (Employee Business Expenses) based on actual automobile expenses and other employee business expenses.
William has asked you, as his CPA, what amount, if any, he will have to include in his gross income for tax purposes as a result of this arrangement and why?
Once the line was secure, St Cecilia towed the tanker away from the coastline and it was subsequently salvaged by the tug, Resurrection.
you are a self-employed consultant who informs companies on design and development of their accounting information
Write the SQL DDL to create the database that contains each of the relations shown in the above ERD. You will need to provide:
You will prepare tax returns You must use tax forms for the tax return problems, failure to do so, will result in massive point deduction
Compute Amelie's deduction before the 2% of AGI floor if she uses the standard mileage method and what is her deduction in 2013 after all limitations?
question below is an extra credit tax case. read the facts and the issues. give final case in the form of a 1-2 page
question 1. prior to 2012 pretax financial income and taxable income were identical.2. pretax financial income is
Taxable income includes a deduction for $40,000 of depreciation that exceeds the depreciation allowed for E&P purposes.
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