The multiplier effect of fiscal policy predicts that an increase in government spending of $150 billion will increase total income by $750.00 billion if the marginal propensity to consume is 0.80.
if we account for crowding-out, then the increase in aggregate demand will be:

a. more than $750.00 billion.
b. less than $750.00 billion.
c. exactly $750.00 billion.
d. none of these

After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?

Todd and jim learned that in building a business plan, it was important for them to:

Which of the following is considered part of a country’s infrastructure?