Using AD/AS and the Total Expenditure system, explain and graphically depict the effect of an increase in Government purchases of goods and services (G) when the economy is at full-employment. Distinguish between the short-run and the long-run effects of this fiscal contraction on output (Y) and the price level (P). Explain the adjustment process the economy goes through to get back to long run equilibrium

Amanda works as an industrial designer

Why should managers invest any excess cash

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)