2 8. A closed economy with unemployed resources is described by the followingrelationshipsConsumption: C = a + b(Y- T)Lump sum direct tax: TGovernment expenditure: GInvestment: IWhere Y is national incomeWhat is the multiplier for a cut in direct tax?1-b1/(1-b)1b/(1-b)

Tax multiplier: It calculates the changes of GDP in response to change in government tax .

Answered: What is the multiplier for a cut in…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Q.14. What do you mean by organising function? Explain the common type of organisational structures adopted by the companies these days? (10)
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Q.No.2: Determine the type of scale (Nominal, Ordinal, Interval or Ratio) for the following examples. Age: _______________ Qualification: Intermediate Bachelor Master Phil. & Above Total work Experience in years: 1-5 6-10 11-15 16 & above Type of Organization ORIC R&D Firm Think tank Salary More than 15000 More than 25000 More than 45000 More than 95000 I love gardening. 1)Strongly Agree 2) Neutral 3)Disagree
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5) Sometimes it is appropriate to take a job instead of a career. Explain at least two situations where this would be true.
A.3 Yellowburn University, a not-for-profit higher education organization, has the following mission statement: ‘We aim to deliver excellent tuition in state-of-the-art facilities to help develop socially responsible students and to contribute to global academic research.’ Which TWO of the following would be appropriate objectives to fit in with this mission? To deliver the best possible lessons. Each member of staff is to write two research papers for publication over the next two years. To increase car parking space at the university by 10% in the next 12 months to improve access. To get 15% of all students to receive first class honors degrees each year. To ensure 100% attendance from all students for every lecture.
Q1
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Candidates B C 1st place votes 10 20 40 2nd place votes 20 40 10 3rd place votes 40 10 20 What is the score of the winning candidate by Borda Count Method? a. 164 b. 170 c. 160 d. 150 A a
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5 Joe's Supermarket is an international market that features food items from around the world. How would Joe leverage physical evidence and partnerships to increase customer loyalty? Joe could offer an overall clean environment with branded displays of the least-purchased products in the store. Joe could focus exclusively on creating an attractive, stimulated environment in his store. Joe could offer a highly stimulated environment with branded displays of the products on the highest discount in the store. Joe could offer an overall clean environment with branded displays of the most-purchased products in the store.

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