Place the three examples of events that affect aggregate demand in order of relative size, starting with the one that would have the largest effect on GDP. a. Business taxes are reduced.
b. Broad worker productivity rises, leading to increases in wages.
c. The U. S. dollar falls in value against other currencies.

You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?