hoose the statement that is incorrect. A. The government expenditure multiplier is the quantitative effect of a change in government expenditure on real GDP. B. The​ demand-side effects of a tax cut are likely to be larger than an equivalent increase in government expenditure. C. The tax multiplier is the quantitative effect of a change in taxes on real GDP. D. The consensus is that the​ crowding-out effect is strong enough to make the government expenditure multiplier less than 1.

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e. g. $2.55.) diluted earnings per share

In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills. what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i. e, his fifth year, not his junior year).

Cold company makes large containers of ice cream at a variable cost of $10 per container. it usually sells the container for $15. cold company is operating at less than full capacity. a potential new customer is requesting containers of ice cream at a selling price of $12. cold company can fill this order without affecting the existing sales or fixed costs. what are the relevant benefits and costs in this decision?