The prevalence of coups d,etat, corruption, long-serving rulers and religious fundamentalism reinforces perceptions that most african countries were not ready for independence.discuss the validity of this assertion?
A corporation issue a new bond at 5% interest rate compounded annually that pay 10000 at maturity five years later. Only one 10000 bullet payment in five years later. What is the purchase price for the bond at an issue date?
Autonomous Consumption Spending: R110 million
Investment Spending: R160 million
Government Spending R360 million
Exports R260 million
Autonomous Imports R210 million
Marginal Propensity to Consume 4/5
Marginal Propensity to Import 1/10
Proportional Tax Rate 1/4
Full Employment Level of Income 1660
a) What is the Marginal Propensity to Save?
b) What is the value of the multiplier?
c) Calculate Autonomous Spending.
d) Calculate the equilibrium level of Income.
e) How much does Govt have to spend to increase the current equilibrium level of income to Full Employment?
Why did the U.S. GDP drop by nearly 33 percent in the second quarter? Should federal lawmakers provide businesses and consumers with further economic relief? If so, what sort of relief do you think they should provide?