Hotels in Las Vegas draw a majority of their customers from residents of Southern California. The average household income in Los Angeles is currently $50,000 per year. At this level of income, 300 rooms are demanded per night at the Luxor Hotel and Casino. If the average household income in Los Angeles were to increase to $55,000 per year, the quantity of rooms demanded at the Luxor would increase to 340 per night. Given this information, the income elasticity of demand would be .

The following information is needed to reconcile the cash balance for gourmet catering services. * a deposit of $5,600 is in transit. * outstanding checks total $1,000. * the book balance is $6,400 at february 28, 2019. * the bookkeeper recorded a $1,800 check as $17,200 in payment of the current month's rent. * the bank balance at february 28, 2019 was $17,410. * a deposit of $400 was credited by the bank for $4,000. * a customer's check for $3,300 was returned for nonsufficient funds. * the bank service charge is $90. what was the adjusted book balance?

Why would an investor invest in your stocks

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)