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Assume that the consumption schedule for a private open economy is such that consumption C = 20 + 0.80Y. Assume further that planned investment Ig and net exports Xn are independent of the level of real GDP and constant at Ig = 40, G and Xn = 10. Recall also that, in equilibrium, the real output produced (Y) is equal to aggregate expenditures: Y = C + Ig + G+ Xn.
Calculate the equilibrium level of income or real GDP for this economy.What happens to equilibrium Y if G changes to 20? What does this outcome reveal about the size of the multiplier? What does this outcome reveal about the impact of fiscal policy?
decisions in an ever changing economya home products discount store is considering expanding its capacity to meet a
In the report, be sure to justify your recommendations by analyzing the pros and cons of each of the six software systems you evaluated.
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1. Define the breakeven point in sales dollars. 2. Define the required sales in dollars to earn a before-tax profit of $8,000,000. 3. What is the breakeven point in sales dollars if the variable cost increases by 12 percent?
Song, Dong-Wook, & Panayides, P. Maritime Logistics. (2015). A Guide to Contemporary Shipping and Port Management. London: Kogan Page. ISBN 978-0-7494-72689.
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