"1.Suppose the government spends an additional $100 billion in expansionary fiscal policy. Assume the marginal propensity to consume is 0.75. Show the effect on GDP with: a. 5 rounds of changes in spending
b. A calculation with the fiscal policy multiplier
2. Suppose the government increases taxes by $80 billion in contractionary fiscal policy. The MPC is still 0.75. Show the effect on GDP with:
a. 5 rounds of changes in spending
b. A calculation with the fiscal policy multiplier
3. Assume the scenarios in questions 1 and 2 happen at the same time. This time, assume the MPC is 0.9. What is the effect on real GDP?
4 Suppose that real GDP increased by $100 billion after the government raised taxes and increased spending at the same time. If taxes were raised by $30 billion and the MPC is 0.8, how much was spending increased by?"?

During the first month of operations, martinson services, inc., completed the following transactions: jan 2 martinson services received $65,000 cash and issued common stock to the stockholders. 3 purchased supplies, $1,000, and equipment, $12,000, on account. 4 performed services for a customer and received cash, $5,500. 7 paid cash to acquire land, $39,000. 11 performed services for a customer and billed the customer, $4,100. martinson expects to collect within one month 16 paid for the equipment purchased january 3 on account. 17 paid for newspaper advertising, $600. 18 received partial payment from customer on account, $2,000. 22 paid the water and electricity bills, $430. 29 received $2,600 cash for servicing the heating unit of a customer. 31 paid employee salary, $2,900. 31 declared and paid dividends of $1,800. requirements 1. record each transaction in the journal. key each transaction by date. explanations are not required. 2. post the transactions to the t-accounts, using transaction dates as posting references. label the ending balance of each account bal, as shown in the chapter. 3. prepare the trial balance of martinson services, inc., at january 31 of the current year. 4. mark martinson, the manager, asks you how much in total resources the business has to work with, how much it owes, and whether january was profitable (and by how much)?

How does hipaa address employee’s access to e-phi?

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?