The Acme Baking Company is looking for a manager that can manage a sales force, direct production, make credit decisions, supervise the bookkeeping staff, and develop new products. According to Holland, which term best describes this working environment?

Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?