In the keynesian-cross model, if the mpc equals 0.75, then a $3 billion decrease in taxes increases planned expenditures by and increases the equilibrium level of income by

Owning a word is a characteristic of a powerful a. productb. servicec. organization d. brand

Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.

What do u want to be when u grow up