graph. (4 marks) At equilibrium, Y Y 0.7Y Y = = = = AE 0.3Y + 13,900 13,900 19,857 c) Calculate the multipliers in this economy? Please show your working clearly. (3 marks) There are 3 possible multipliers in this economy namely government, tax and balanced budget multipliers. G multiplier = = = = T multiplier = = = 1 / MPS = 1 / (1 – MPC) 1 / (1 – 0.3) 1 / 0.7 1.43 - MPC / MPS - 0.3 / 0.7 -0.43 = 1 Balanced budget multiplier d) Discuss the effect of an increase in autonomous Investment
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I. Introduction The purpose of this report is to explain what I did and learned during my internship period with T and T Holdings Limited. This report is also a requirement for the partial fulfillment of University of Eastern Africa Baraton degree program. The report primarily focuses on the assignments handled, working environment, successes and short comings that the intern did encounter when handling various tasks assigned by supervisor. It is also imperative that recommendations and suggestions
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Four Sector Economy Model What is GDP? : The gross domestic product (GDP) or gross domestic income (GDI) is a measure of a country's overall economic output. It is the market value of all final goods and services made within the borders of a country in a year. It is often positively correlated with the standard of living, though its use as a stand-in for measuring the standard of living has come under increasing criticism and many countries are actively exploring alternative measures to GDP for
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level of borrowing. Also, they made unrestrained expenses, provided cheap lending, were unable to recover taxes from its citizens & overspent on state pension plans. The main factor for the crisis is the high number of residents who purposely avoid tax, particularly the wealthy, starving the government of the cash that it needs to provide a sufficient level of public service. Another notable factor is the Greek tendency to be a little over generous with the state pension provisions to the elderly
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regarding life insurance is included in your estate, how irrevocable life insurance trust (ILIT) would keep your assets out of your estate, and how your powers have to be restricted in order for this to work. According to Federal Estate and Gift Tax Section 2042, the proceeds of insurance policies on a decedent’s life are to be included in the insured’s gross estate if they are (1) receivable by the executor or (2) receivable by other beneficiaries and the decedent had any incidents of ownership
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Natioinal Debt 1. What is the debt? How much is it? Examples The national debt has grown significantly in recent years due to rising annual deficits. A deficit occurs in any year the government spends more money than it takes in. Borrowing to make up the difference is added to the national debt -- technically referred to as the gross federal debt. The gross debt has two components: 1) Debt held by the public -- money the government borrows on the open market from domestic or foreign investors;
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Ch. 1 We Have a global economy. Econimics-the study of scarce ersources(limited). Nobody can have everything they want. We make up the economy, always wanting more. Factors of Producion-Land, Labor, Capital, Entrepreneurship. Land-all the natural resources. Labor-skills and abilities (workers too). Capital-What we use making it the final product. Entrepreneurship-A risk taker. He brings the other three factors together in innovative ways. Opportunity Cost-The best alternative, foregoing something
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NRSBN 3004 Nursing in a Changing Society Module Leader: Sue Bailey Word Count: 3159 Critically Discuss the Issue of Priority Setting Within the NHS It is no surprise that the role of the nurse has had to change over the last few decades; nurses are dynamic, vital members of a successful health care team. RCN (2009) The role they play is crucial in order to provide a consistent and quality service from health promotion and prevention strategies to clinical treatment, rehabilitation
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The role of government in the U.S economy extends far beyond its activities as a regulator of specific industries or gatekeeping. The government is also responsible for managing the overall pace of economic activity, with its objective of maintaining high levels of employment and controlling price stability (inflation). It has two main tools for achieving these goals: fiscal policies, which is done through taxes and spending and monetary policies, through which it manages the supply of money. In
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corporation acrs under its own name rather than in the name of its shareholders - Corporation can buy, own and sell property. They can borrow money and enter into legally binding contracts in its own name. May sue or be sued and pays its own income tax. - The acts of the owners (shareholders) do not bind a corporation unless these owners are duly appointed agents of the corporation Limited Liability of Shareholders - Creditors only have access to corporate assets to have their claims repaid to
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