If short-run equilibrium output equals 10,000, the income-expenditure multiplier equals 10, and potential output (y*) equals 9,000, then government purchases must to eliminate any output gap.
a. increase by 100
b. decrease by 100
c. increase by 1,000
d. decrease by 1,000

Personal financial planning is the process of creating and achieving financial goals? true or false

Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?

On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.