Expansionary fiscal policy crowds out both domestic investment and net exports

Oftentimes when a company's share price is very "high" it will choose to split the stock price and offer each shareholder one share for each they currently hold. Explain why companies might do this and what the effect is on shareholder wealth

What will be an ideal response?

If the income elasticity of demand for a good is .59, then it is what type of good?

a. Price elastic. b. Price inelastic. c. Income inelastic. d. Income elastic. e. Inferior.