Assume yn =11,600, t=0.2 and g=2610(a) compute the amount of taxes at natural real gdp(b) explain why there is a natural unemployment deficit. computethe amount of the natural employment deficit in terms of bothbillions of dollars and as a percent of natural real gdp.(c) suppose the goal of fiscal policy makers is to reduce the sizeof the natural employment deficit to 1 percent of natural real gdp. compute what the size of teh natural employment deficit must be interms of billions of dollars in order for fiscal policy makers to(d) given no change in the tax rate, compute by how much fiscalpolicy makers must cut government spending in order to accomplishtheir goal.(e) given no change in government spending, compute by how muchfiscal policy makers must increase the tax rate in order to accomplish their goal.(f) given the objective of fiscal policymakers, explain what action monetary policymakers must take for theactions of fiscal policymakers to have no effect on realincome.(g) suppose that private saving increase as the interest ratesincrease. given the fiscal monetary policy mix described in partsc-f, explain whether the national saving increases by an amountthat is larger than, equal to, or less than the decrease in thenatural employment defecit.

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum. should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?

On january 1, 2017, pharoah company issued 10-year, $2,020,000 face value, 6% bonds, at par. each $1,000 bond is convertible into 16 shares of pharoah common stock. pharoah’s net income in 2017 was $317,000, and its tax rate was 40%. the company had 97,000 shares of common stock outstanding throughout 2017. none of the bonds were converted in 2017. (a) compute diluted earnings per share for 2017. (round answer to 2 decimal places, e. g. $2.55.) diluted earnings per share