Blinder and Zandi estimated multipliers for different kinds of tax cuts. They estimate that the multiplier for the Earned Income Tax Credit, a program for low-wage workers, is 1.24, while the multiplier for an across-the-board tax cut for all tax payers is 1.02. Why do you think the across-the-board tax cut has a lower multiplier?

Mr. beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the bb-1 set. (bb-1 stands for body beautiful number 1.) the carrying cost for bb-1 is $5 per set per year. to meet demand, mr. beautiful orders large quantities of bb-1 seven times a year. the stockout cost for bb-1 is estimated to be $50 per set. over the past several years, mr. beautiful has observed the following demand during the lead time for bb-1: demand during lead time probability40 0.150 0.260 0.270 0.280 0.290 0.1total 1.0the reorder point for bb-1 is 60 sets. what level of safety stock should be maintained for bb-1?