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In mid-February 2008, President Bush and Congress approved a $168 billion stimulus package that will provide tax rebates to all taxpayers, that is to those who file their tax returns. The tax stimulus was in addition to a tax rate cut, which was implemented earlier in 2002. The stimulus checks were mailed in May 2008. In February 2011, under President Obama administration, Congress voted to extend the Bush era tax rate cut to all levels of income.
Please analyze the stimulus package by using the income multiplier. (A tax rebate is a decrease in autonomous tax, the To in the total tax formula mentioned in class).
Using the derivation of the income multiplier, which we discussed in class, please show the effects of:
5ai - A tax rebate on the US GDP; and
5aii - A tax rate cut on the US GDP.
Which tax strategy has a stronger effect in the long term?
Can you assist me with thinking of pros and cons of four management development techniques? Also, list some experiences that might occur for the employee from these techniques
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Identifying the negotiation tactics that would be ineffective when dealing with the selected country, and describe why those tactics would be ineffective.
Supplement your position with a Web search and submit your findings in a Word document that is a minimum of 2 pages.
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Given the profit function (π) = 64x - 2x2 + 4xy - 4y2 + 32y - 14 for a firm producing two goods x and y. Maximize profits for a firm and test the second-order condition
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