Answer: Tax
Explanation:
Products that are purchased to solve a sudden problem and a customer does not actively seek are _______.
Products that are purchased to solve a sudden problem and a customer does not actively seek are unsought products.
Unsought Products are the ones that consumers do not normally go looking for, or about which the average consumer may not even be aware of, as is it may be a new brand. Thus, a consumer would prefer not to think about buying.
Unsought Products are the products purchased to solve a sudden problem. Thus, these products can include emergency products such as bandages and ointment and automobile parts which are used to repair a car.
Hence, the answer was given and explained above.
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Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to
Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to Contingency.
What is Contingency?A contingency is the potential possibility of a bad event, such as a pandemic, economic downturn, natural disaster, fraud, or terrorist attack. The coronavirus outbreak that struck businesses in 2020 made many employees reliant on remote work. Companies had to adopt a remote work strategy as a result. Working remotely wasn't an option for some organizations, though, and as a result, increased security measures for both employees and clients were put in place to stop the virus from spreading.Although contingencies can be planned for, it is often impossible to predict the kind and breadth of such unfavorable events in advance. Businesses and investors conduct analyses and put defensive measures into place to prepare for potential possibilities.
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Which type of skills refers to a manager’s abilities to both effectively convey ideas and information to others and effectively receive ideas and information from others?
Communication skills refer to a manager’s abilities to both effectively convey ideas and information to others and effectively receive ideas and information from others.
A competent manager possesses all the necessary talents and can put them to use in running the business effectively.
Managerial skills include:
Technical skillMental agility.Communication and interpersonal skills.Skill at Making Decisions.Skills in diagnosis and analysisManagerial communication abilities are essential. The manager must be able to successfully transmit ideas and information to others and receive ideas and information from others.
Controlling subordinates and providing senior managers or administrators with knowledge about current events are both parts of a manager's job description.
A manager's ability to communicate allows them to be carried out effectively. A manager's primary responsibility is to communicate with both internal and external stakeholders.
The interpersonal and communication skills of a manager include the capacity to influence and motivate both individuals and groups.
Hence, communication skills is the answer.
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Financial Statements and Accounting Reflection
Write responses in your OWN words.
A company's financial stability may be seen at a brief look due to the financial statements that reveal information about its operations, performance, and cash flow. The main goal of financial statements is to give information about an organization's financial situation, operating outcomes, and cash flow.
The primary goals of accounting are to maintain an accurate record of financial transactions, produce an expense journal, and prepare this data for reports that are frequently required by law. The recording of data is the most fundamental accounting function. Accounting is essential to starting a business because it makes it easier to keep track of income and expenses, ensures legal compliance, and gives investors, management, and the government access to quantitative financial data that can be used to make decisions.
The Financial statements are documents that describe a company's operations and financial performance. Government organizations, accounting companies, etc. frequently audit financial statements to guarantee accuracy and for tax, financing, or investing purposes.
Financial statements that must be provided are:
income statement, balance sheet, statement of cash flows.The process of combining financial data to make it transparent and understandable for all stakeholders and shareholders is referred to as accounting. Recording and reporting a company's financial transactions, financial performance, and cash flows is accounting's primary objective.
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True or False: The market for public utilities, such as gas and electricity, exhibits the two primary characteristics that define perfectly competitive markets. True False
The market for public utilities, such as gas and electricity, exhibits the two primary characteristics that define perfectly competitive markets. The given statement is true.
What do you mean by perfectly competitive markets?A perfect market, also known as an atomistic market, is defined by various idealizing conditions, which are together referred to as perfect competition, or atomistic competition, in economics, specifically general equilibrium theory.
A market structure where all suppliers are equal and overall supply and demand are in equilibrium is referred to as perfect competition in economics. Perfect competition exists, for instance, when multiple companies are producing a commodity and no one company has a competitive edge over the others.
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When selecting an investment, which criterion relates to the expected rate of return on an investment, usually over a period of one year?
The measure of liquidity determines how fast you can withdraw the money you invested if you need it or desire it.
Liquidity and Return on investment
In the event of an emergency or other financial setback, you can access liquidity in the form of your emergency savings account or the cash you have on hand. Additionally, liquidity is crucial since it enables you to take advantage of chances. A common profitability statistic used to assess how well an investment has done is the Return on Investment (ROI). ROI aims to quantify the amount of return on a specific investment in relation to the cost of the investment.
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A Canadian manufacturing company opens a factory the produces air conditioners in the United States. This is an example of Canadian
This is an example of Canadian foreign direct investment that increases Canadian net capital outflow.
An open economy is one that interacts freely with other economies around the world. An open economy interacts with other countries in two ways. We buy and sell goods and services in the global product market manufacturing company.
The real exchange rate is the price at which supply and demand match in the foreign exchange market. When the real US exchange rate rises, US goods will be higher than foreign goods, United States exports will decrease, and imports will increase.
The amount of dollars that fall and are exchanged remains unchanged. 22. When the United States real interest rate falls, he becomes one to own US assets. It has become less attractive and has increased US net capital outflows.
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The inflation rate is the percentage change in the _____ from one year to the next. Deflation is a situation in which the _____ is _____ and the inflation rate is _____.
The inflation rate is the percentage change in the price level from one year to the next. Deflation is a situation in which the price level is falling and the inflation rate is negative.
What are the inflation and deflation rates?
Prices rise during inflation and decline during deflation. Different asset classes can simultaneously experience inflation and deflation. Both have negative effects on economic growth when taken to the extremes, although for different reasons. The Federal Reserve, the country's central bank, attempts to regulate them as a result.
Why deflation Is worse than inflation?
Because interest rates can only be decreased to zero, deflation is worse. Demand is further decreased as businesses and consumers feel less fortunate and spend less. As a result, prices decline and businesses make less money. When customers anticipate price drops, they put off purchasing as long as they can. They are aware that the price will decrease the longer they wait.
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Determine what strategy should be used in the following situation. You are demoting an employee to avoid laying them off.
The correct answer in following Situation is Ethical, Direct and Intend to Deceive.
Keeping the Indirect Strategy Ethical:
The sender using an indirect approach in an ethical manner.
A. Ethical:
It is ethical to reduce the emotional impact of a bad news by making use of an indirect approach which is less harsh and blunt unlike the direct approach. In situations such as communicating that a person has lost his job, it is important that the manager communicates using indirect approach.
Direct demoting an employee to avoid laying them off.
B. Direct:
You are communicating facts to someone that has less time. Therefore the direct approach would be most appropriate as it goes straight to the point without delays.
If you put bad news at the end if the mail ,you Intend to deceive
Your boss is extremely busy therefore in this case it would be important to use the direct approach and move straight to the point from the beginning not hiding the bad news at the end of the mail.
Your question is incomplete, but most probably your full question was:
Question attached in below -
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Jane Bouvier is a computer scientist working for a state university. Her job description states that she is responsible for the development and maintenance of the College of Business web sites. Jane was not permitted to take the training classes that her male counterparts in other colleges in the university were permitted to take, at university expense. Jane felt that she was falling behind without this additional training. When she raised her concern to her supervisor she was told that she would have to pay for the training herself. Answer the following questions:
a. What law is the university likely violating and what type of claim should Jane bring under this law?
b. What does Jane have to establish to prove discrimination in this case?
c. What case from the text is similar to this situation?
Please explain your answers.
The law that the university likely violating is the civil rights law.
a. What law is the university likely violating and what type of claim should Jane bring under this law?
The University is violating title VII of the Civil Rights Act of 1965 and Jane can file the complaint with the EEOC to enforce her rights.
b. What does Jane have to establish to prove discrimination in this case?
She just need to prove she has been discriminated on the basis of gender. She was not paid for her training because she was woman.
What case from the text is similar to this situation?
The similar case is Moore Vs Alabama state university, 980 F. Supp.426
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A _____________ is a fee levied by your lender that represents pre-paid interest on your mortgage loan.
A foreclosure is a fee levied by your lender that represents pre-paid interest on your mortgage loan.
What is foreclosure?foreclosure serves as the the action of taking in the possession of a mortgaged property in case they fail to meet up with mortgage payments.
In this case, A foreclosure is a fee levied by your lender that represents pre-paid interest on your mortgage loan.
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The key working areas of accounting include managerial accounting, financial accounting, tax accounting, government and nonprofit accounting, and?
The accounting profession is divided into five key working areas: Managerial accounting, Financial accounting, auditing, tax accounting, and governmental and not-for-profit accounting.
Accounting, also known as bookkeeping, is the measurement, processing and reporting of financial and non-financial information about economic entities such as businesses and corporations.
Managerial accounting, also known as management accounting, is an accounting method that produces reports, reports and documents that help management make better decisions regarding business operations. their. Management accounting is mainly used for internal purposes.
Financial accounting is a specific branch of accounting that deals with the recording, aggregating and reporting of a multitude of transactions arising from business activities over a period of time.
Tax accounting is a structure of accounting method that focuses on taxes rather than the appearance of public financial statements. Tax accounting is governed by the Internal Revenue Code, which prescribes specific rules that businesses and individuals must follow when filing taxes.
Government accounting refers to the process of recording and managing all financial transactions conducted by the government, including government revenues and expenditures. Different government accounting systems are used by different public sector entities.
Nonprofit accounting is the only process by which nonprofits plan, record, and report their finances. While for-profit organizations are primarily focused on making a profit, nonprofit organizations are more focused on the accountability aspect of accounting.
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Many companies in the sharing economy have successfully taken their business to foreign markets as well. What challenges do you see for these companies as they expand into foreign markets?
Some challenges for these companies as they expand into foreign markets are foreign policy, cultural differences and language barriers.
What is an effective internationalization strategy like?It is one in which organizations develop a plan in line with their needs and the market to which they want to expand their business. For this, it is important to adapt products, services and communication to the local culture, to be a brand accepted by consumers and well positioned in the market.
Therefore, the international expansion of an organization can be positive and profitable when there is a strategy aligned with the needs of the local market.
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The challenges that is seen for these companies as they is Policy from the foreign countries.
What are foreign policies?They are guidelines made by countries where goods and services are imported from or where business transactions.
The policies may not be in favor on the trader coming from another country this include higher tax and duties been paid.
Therefore, The challenges that is seen for these companies as they is Policy from the foreign countries.
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Approximately how many public use airports in the united states have been sold outright to private ownership?
Approximately 0 public use airports in the United States have been sold outright to private ownership.
The U.K. was the first country to fully privatize some of its major airports. Under the Airports Act 1986, the public British Airports Authority ( BAA ) was dissolved and its property, rights, and liabilities were transferred to a new company, BAA plc.
All but one U.S. commercial airport are owned and operated by public entities, including local, regional, or state authorities with the power to issue bonds to finance some of their capital needs. Airports are landlords.
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The economic condition that results from a continual rise in prices, or what some people call "too much money chasing too few goods" is
The economic condition that results from a continual rise in prices is inflation.
What is an inflation?Inflation is a when there is a general increase in the price levels of goods and services. During an inflation, the value of money would erode quickly. Inflation can be caused when the demand for goods exceeds it supply or when there is an increase in the cost of production.
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Some agencies used hidden or disguised print and visual messages that allegedly register in the subconscious and fool people into buying product. These are called:
Some agencies used hidden or disguised print and visual messages that allegedly register in the subconscious and fool people into buying products. These are called Subliminal Advertising.
What is Subliminal Advertising?Subliminal messages are frequently incorporated into other media, such as TV advertising or songs, and are visual or audible stimuli that the conscious mind cannot see. This type of messaging can be utilized to enhance or heighten the persuasiveness of commercials or to send a whole other message.Even when you actively search for them, true subliminal messages are invisible to the conscious mind and cannot be seen or detected there. This is due to the fact that daily stimuli, such as what we see and hear around us, are above the threshold of conscious perception, in contrast to subliminal messages, which are below it.
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If direct materials per unit are $20, direct labor per unit is $10, variable overhead per unit is $2, and fixed overhead per unit is $1, total product cost per unit is:_________ $
If direct materials per unit are $20, direct labor per unit is $10, variable overhead per unit is $2, and fixed overhead per unit is $1, total product cost per unit is $33.
What is the cost?The term cost refers to the actual money are spent on the manufacturing of the product. The product are manufacture to spend on money are raw material, transportation, wages, salary, and other expenses add. The all expenses are added to identify the cost.
The direct cost of the product can be computed by adding the costs of all direct materials, all direct labor, and all overhead charges of the manufacturing process.
According to the given the cost are;
direct materials per unit are $20
direct labor per unit is $10
variable overhead per unit is $2
fixed overhead per unit is $1
total product cost per unit is ?
total product cost per unit is 20 + 10 + 2 + 1
total product cost per unit is 33
As a result, direct materials per unit are $20, direct labor per unit is $10, variable overhead per unit is $2, and fixed overhead per unit is $1, total product cost per unit is $33.
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Under the adea, an employer can win a disparate impact case if it can show that the discriminatory decision was based on a reasonable factor other than?
Under the ADEA, an employer can win a disparate impact case if it can show that the discriminatory decision was based on a reasonable factor other than age.
This is further explained below.
What is ADEA?Generally, The Age Discrimination in Employment Act of 1967 is a piece of legislation that was passed in the United States in order to prohibit discrimination in the workplace against anybody in the country who is at least 40 years old. In 1967, President Lyndon B. Johnson gave the measure his signature, making it official and making it a law.
In conclusion, In a disparate effect lawsuit, an employer may prevail if it can establish that the discriminatory decision was made on the basis of anything other than age, such as gender or race.
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What physical property of the part iii reaction products indicated that the products were not all ionic compounds?
Ionic solids have three physical properties that are linked to ionic bonds: melting point, boiling point, and hardness. Because ionic solids are relatively strong, it takes a significant amount of energy to break them apart. As a result, ionic solids have high melting and boiling points. Ionic bonds are electrostatic forces that attract positive and negative ions.
An ionic compound is a three-dimensional network of mutually attract alternating cations and anions. Chemists consider the basic indicators of a reaction, such as a change in temperature, change in color, the development of an odor, to help determine whether reaction has occurred.
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Mobilizing finance and building partnerships in cities to advance environmental goals, especially in preventing the flow of trash into the ocean
Together, we may achieve several social, economic and environmental advantages that prevent waste from entering the ocean and increase the resilience of the entire city.
What is 'Mobilizing finance and building partnerships in cities' event about?The focus of this event will be on cities' crucial contributions to environmental goals, particularly in halting the flow of rubbish into the ocean. Around 80% of the 11+ million tons of plastic debris that are dumped into the ocean each year come from land, mostly as a result of inadequate municipal waste management. Over half of the world's population lives in cities, but they are rarely taken into account when making international decisions. However, cities all over the world are attempting to enhance sanitation, safeguard public health, boost tourism, and produce economic growth. Cities are given a formal framework for addressing these interconnected issues through the Urban Ocean® initiative. With assistance from cities and organizations on all five continents, our initial cohort of 11 cities concentrates on Asia and Latin America. What are Environmental Advantages?Environmental change is the alteration or disturbance of the natural environment, most frequently brought on by human activities and ecological processes. Various variables, such as natural disasters, human meddling, or animal contact, might cause changes in the environment. Environmental change includes both physical changes and non-physical elements, such as an invasion of invasive species.With this information in hand, cities can bring together stakeholders to forge agreement on plans that are based on research, with the ultimate objective of enlisting partners and financiers to carry out solutions. City resilience leaders from Asia, Southeast Asia, and Latin America will attend this event along with officials from national-level governments, non-governmental organizations, and these regions.
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If the banking system has demand deposits of $100,000, total reserves equal to $15,000, and a required reserve ratio of 10 percent, the banking system can increase the volume of loans by a maximum of
The banking system can increase the volume of loans by a maximum of $50,000
What are total reserves?A bank's reserves are calculated by multiplying its total deposits by the reserve ratio. For example, if a bank's deposits total $500 million, and the required reserve is 10%, multiply 500 by 0.10. The bank's required minimum reserve is $50 million.Calculation of total reservesThe reserve ratio is the portion of reservable liabilities that commercial banks must hold onto, rather than lend out or invest. This is a requirement determined by the country's central bank, which in the United States is the Federal Reserve. It is also known as the cash reserve ratio.Total Reserves = Cash in vault + Deposits at Fed.
Required Reserves = RR x Liabilities.
Excess Reserves = Total Reserves - Required Reserves.
Change in Money Supply = initial Excess Reserves x Money Multiplier.
Money Multiplier = 1 / RR.
Therefore banking systems can increase the volume of loans by $50,000
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Committing funds today with the expectation of earning a return on those funds in the future in the form of additional cash flows is required when a company makes a(n):_______
An Investment means the act of committing funds today with the expectation of earning a return on those funds in the future in the form of additional cash flows.
What is an Investment?This refers to the act of redirecting resources from being consumed today so that they may create benefits in the future and also includes use of assets to earn income or profit.
Therefore, committing funds today with the expectation of earning a return on those funds in the future in the form of additional cash flows is required when a company makes an Investment.
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The fixed asset turnover ratio is computed as __________ divided by __________.
a. sales; average book value of fixed assets.
b. net income; average book value of fixed assets.
c. sales; book value of fixed assets.
d. average book value of fixed assets; sales.
The correct option is (a) sales; average book value of fixed assets.
The fixed asset turnover ratio is computed as sales divided by average book value of fixed assets.
The fixed asset turnover ratio demonstrates the effectiveness of a company's current fixed assets in driving sales. A greater ratio suggests that management is making better use of its fixed assets. No information can be gleaned from a high FAT ratio about a company's capacity to produce reliable earnings or cash flows.
The ratio of sales to the value of fixed assets is known as fixed-asset turnover. It shows how effectively the company is generating sales by utilizing its fixed assets.
A greater ratio is typically preferred since it suggests that the business is effective at producing sales or revenues from its asset base. A lower ratio suggests that a business is not utilizing its resources effectively and may be experiencing internal issues.
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The primary difference between a change in demand and a change in the quantity demanded is:.
Answer:
factors determining them
Global Trade, Inc. has $1,000 face value bonds outstanding with a market price of $1,013. The bonds pay interest annually, mature in 11 years, and have a yield to maturity of 5.34 percent. What is the current yield
The current Yield is 5.41%
Given,
Global Trade, Inc. has $1,000 face value(FV) bonds outstanding
The bonds outstanding have a market price(MP) of $1,013.
The bonds pay interest annually, mature in 11 years(n).
yield to maturity(YTM) = 5.34 percent
Current yield is the ratio of coupon payment of a bond to its current market price.
Let the Annual Coupon Payment be 'CP'
Therefore, we need to calculate the coupon payment by using the following formula:
YTM = [ CP + ( FV - MP ) / n ] / [ ( FV + MP ) / 2 ]
Now substituting the values in the above formula we get,
5.34% = [ CP + ( $1,000 - $1,013 ) / 11 ] / [ ( $1,000 + $1,013 ) / 2 ]
5.34% = [ CP + ( $1,000 - $1,013 ) / 11 ] / [ ( $1,000 + $1,013 ) / 2 ]
5.34% = [ CP - $1.18 ] / 1006.5
1,006.5 x 5.34% = CP - $1.18
53.75 = CP - 1.18
CP = 53.75 + 1.18 = $54.83 annually
Current Yield = Annual Coupon payment / Current market price
Now substituting the values in the above formula we get,
Current Yield = $54.83 / $1,013
= 0.0541
= 5.41%
Hence, the current yield is 5.41%.
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The Family Inventory of Life Events and Changes (FILE) measures the severity of different stressors. The most severe of all is
The Family Inventory of Life Events and Changes (FILE) measures the severity of different stressors. The most severe of all is the death of a child.
What is the Family Inventory of Life Events and Changes means?
Hamilton McCubbin, Joan Patterson, and Lance Wilson created the Family Inventory of Life Events and Changes (FILE) in 1983 as a measure of family stress. It evaluates the accumulation of life events that a family has to deal with (the AA factor of the Resiliency Model).
What is the resiliency model of family stress adjustment and adaptation?
Based on these resources, McCubbin and McCubbin (1996) produced the Resiliency Model of Family Stress, Adjustment, and Adaptation, which explains a family's capacity to adjust to a challenging environment.
Which model has been used for decades to describe the impact of stresses on families?
Conger and Conger (2002) developed the Family Stress Model (FSM), which hypothesizes that these family dynamics may be crucial in moderating the impacts of economic hardship on children's outcomes.
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jones Corporation had a beginning inventory of 300 units which it bought for $5 each. Jones bought 500 more units at $4 each on February 1st and 200 units more for $6 each on February 5th. On February 8th Jones sold 150 units. What is Jones' cost of goods sold under the FIFO method
Calculation of cost of goods sold under FIFO method:
units Rate Total
Opening inventory 300 $5 $1500
Purchases 500 $4 $2000
Purchases 200 $6 $1200
Sales 150 $5 $750
The cost of goods sold is $750
What is FIFO?FIFO is also known as First In First Out method, it is used to calculate the movement of inventory, the first unit is sold first and on.
Therefore the units available in the beginning inventory is sold first and the units sold is only 150 units while the inventory is 300 units so all the units sold are calculated at a rate of $5.
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Which form of feasibility incorporates both physical and mental integration of the design work system during job completion
The form of feasibility that incorporates both physical and mental integration of the design work system during job completion is technical.
What is operation management?Operations management basically has to do with the efficiency of an organization in terms of its product and service offerings. It also include planning, managing and supervising in an organization.
It is to be noted that the goal of operations management is to maximize efficiency while producing goods and services that effectively fulfill customer needs
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James' first year as parts manager for a local dealership was pretty rocky. To ensure that his subordinates would follow through on established goals, he warned them about losing their jobs. James' managerial attitude reflects assumptions underlying
James' first year as parts manager for a local dealership was pretty rocky. To ensure that his subordinates would follow through on established goals, he warned them about losing their jobs. James' managerial attitude reflects assumptions underlying Theory X.
This is further explained below.
What is Theory X?Generally, These managers tend to see their employees as intrinsically uninspired and disinterested in their jobs, which gives them a negative outlook on the world. A "carrot and stick" technique is regularly used to encourage employees in firms that are run this way.
In conclusion, The first year on the job as parts manager at a small dealership was a challenging one for James. The threat of having their employment terminated was used as a means of ensuring that his subordinates would meet the objectives that had been set. The management mindset of James is reflective of the principles that underpin Theory X.
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Since taxes are not a direct component of aggregate demand changes in taxes do not have multiplier effects on income.
Components of aggregate demand in a closed economy are consumption(C), investment(I), and government expenditure(G).
So, AD = C + I + G
And consumption is a function of disposable income(Yd) which means
C = C1 + b(Yd)
Where disposable income Yd = (Y - T ). So, disposable income is the remaining income after paying the tax to the government.
So, the AD = C1 + b(Y - T) + I + G. For simplicity we can consider investment and government expenditure as constant.
At equilibrium Y = AD so, Y = C1 + b(Y - T) + I + G.
At period 0, when tax increases ΔT amount then it will decrease consumption at b* ΔT amount. So for any given level of Y, planned expenditure is now lower than income. So initially equilibrium Y decreases by b* ΔT amount. In period 1 this change in income will decrease the consumption at a rate of b(b* ΔT) amount. So Y also decreases by amount b2 * ΔT amount and so on.
So the total change in Y is = b* ΔT + b2 * ΔT + .....
= b* ΔT ( 1 + b + b2 + .....)
= b* ΔT [ 1/ (1- b)]
So, ΔY = b* ΔT [ 1/ (1- b)]
or, ΔY/ ΔT = b / (1-b)
So even if tax is not a direct component of aggregate demand it has a multiplier effect on income. If tax decreases then it will increase disposable income and so as the consumption. An increase in consumption has a positive effect on income in that period and that increased income has a positive effect on consumption in the next period and so as the income. This process will go on.
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