Most macroeconomists believe that it is a good thing that taxes act as automatic stabilizers and lower the size of the multiplier. However, a smaller multiplier means that changes in government purchases of goods and services, government transfers, or taxes necessary to close inflationary or recessionary gaps are larger. How can you explain this apparent inconsistency?

Financial information that is capable of making a difference in a decision is

Mark knopf is an auditor who has been asked to provide an audit and financial statement certification for a company that is going public on the new york stock exchange. knopf wants to know his personal liability if the company provides him with inaccurate or false information. which of the following sources of law will him answer that question? a. the city ordinances where the company headquarters is located. b. the state constitution of the state where the company is incorporated. c. code of federal regulations. d. all of the above

Amajor advantage of case studies is