The king of a small monarchy decrees an income tax cut in order to stimulate the economy. however, rather than spend the additional income from the tax cut, the citizens end up saving most of it. this incident ricardian equivalence theory contradicts supports is unrelated to:

Find the interest rate for a $4000 deposit accumulating to $5234.58, compounded quarterly for 9 years

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline. b. taxable income will decline. c. the tax bill will increase. d. net income will decrease. e. the times-interest-earned ratio will decrease