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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.
What would be the worldwide effective tax rate on the $1 million of foreign profits, assuming the U.S. taxes the worldwide income of domestic corporations, but allows an unlimited credit for foreign income taxes?
Evaluate price and quantity variances for nursing costs and evaluate spending and efficiency variances for supplies and other variable overheads.
1. Garth Company sells a single product. If the selling price per unit and the variable expense per unit both increase by 10% and fixed expenses do not change
Puerto International has a branch in Mexico that manufactures a garage door alarm for people with mountain bike racks that fit on the top of their cars. The subsidiary earned $800,000 in 2000 before tax, with Mexican corporate tax rates at 40 ..
1. please recognize describe and justify effective funding strategies in the subsequent areasa. cash managementb.
Constance, who is single, is in an automobile accident in 2010, and her car sustains $6,200 in damages. Because both drivers received tickets in the accident, Constance does not expect to recover any of the loss from her insurance company.
If Daniel's marginal tax rate is 35 percent and he has $120,000 of other capital gains (taxed at 15 percent), what is the tax savings from the special tax treatment?
Prepare the business combinations 2013 consolidation worksheet ignore income taxeffects and determine the amount of income tax for Travers and Yarrow on a consolidated tax returnfor 2013.
Alan Spaulding is single and provides over 50% support of his niece Alicia who lives with him all year long. Alan maintains the household and claims Alicia as a dependent. Alicia makes $3,600 at a part-time job. She is a full-time student, age 18...
What is Whitlaws income tax and complete a Schedule M-1 or a facsimile for the corporation.
They are interested in taking advantage of any tax-free fringe benefits that may be available to them. Discuss the advantages and disadvantages from a fringe-benefit perspective of each form of business entity.
By comparing the Unadjusted Trial Balance with the Adjusted Trial Balance, journalise the adjusting entries that you can discern were made. Narrations are required.
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