The Diagram Below Shows Desired Aggregate Expenditure for a Hypothetical

question 36

Multiple Choice

The diagram below shows desired aggregate expenditure for a hypothetical economy.Assume the following features of this economy:
∙ marginal propensity to consume (mpc) = 0.75
∙ net tax rate (t) = 0.20
∙ no foreign trade
∙ fixed price level
∙ all expenditure and income figures are in billions of dollars. FIGURE 22-2
-Refer to Figure 22-2.What is the level of autonomous consumption?

• A)$0
• B)$75
• C)$100
• D)$175
• E)$250

Discuss the practical application of motivational theories in leadership and management.

Understand and differentiate between the various theories of motivation (Maslow's hierarchy of needs, ERG theory, Two-Factor theory, etc.).

Identify the factors that influence job satisfaction and motivation according to Herzberg’s two-factor theory.

Understand the concept of acquired needs theory and how it suggests that achievement, power, and affiliation needs are influenced by life experiences.

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Definitions:

Straight-Line Depreciation

A way of allocating the expenditure of a physical asset in uniform annual installments over its lifespan.

Average Rate of Return

A financial ratio that shows the average annual return on an investment, expressed as a percentage of the initial investment cost.

Estimated Annual Net Income

The projection of net earnings over a given fiscal year, taking into account all expected revenue and expenses.

Cash Payback Period

The length of time it takes for an investment to generate enough cash flow to recoup the original investment.