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Analysis of Statement of cash flows
You are provided with the following transactions that took place during a recent fiscal year.
Transaction Where Reported on Statement Cash Inflow, Outflow, or No Effect?(a) Recorded depreciation expense on the plant assets.(b) Recorded and paid interest expense.(c) Recorded cash proceeds from a sale of plant assets.(d) Acquired land by issuing common stock.(e) Paid a cash dividend to preferred stockholders.(f) Distributed a stock dividend to common stockholders.(g) Recorded cash sales.(h) Recorded sales on account.(i) Purchased inventory for cash.(j) Purchased inventory on account.
Bush proposed for government expenditures in the case of a recessionary gap? What is the effect of his policies on the federal government budget?
What would happen to each firm's current profits if firm 1 reduced its price to $6 while firm 2 continued to charge $8?
Use the data below to find out the growth of income per person (over the entire period, not an annual basis) between the two years listed.
Calculate the equilibrium real wage rate and the equilibrium quantity of labor. Suppose that the nominal wage rate equals 60. In the short-run, aggregate demand and aggregate supply are equal at a price level of 1.0. Compute the real wage rate.
Suppose Shaqueena is currently earning income of $23,000 (I =23) and can earn that income next year with certainty.
Suppose a frost kills a large portion of an orange crop, with a resulting higher price of oranges. It has been said that such an increase in price benefits no one since it cannot elicit a supply response; the higher price, it is said, simply "line..
Jermaine has a health insurance policy that has a deductible of $1,000, a $10 copayment on doctor visits, and coinsurance of 10% on all expenses other than those for which there are copayments.
Currently, the extent of our economic difficulties has caused the economic policymakers to choose fiscal and monetary policies that are both expansionary.
Suppose that natural real GDP is constant. For every 1 percent increase in the rate of inflation above its expected level, firms are willing to increase real GDP by 2 percent.
What are two possible fiscal policy solutions for the problem? Using a Keynesian approach, you should be able to get numerical solutions. More points are given for numerical solutions.
What will be the effect of this change in policy on both the real and the nominal interest rate in the long - run?
The average weekly earnings of bus drivers in a city are $950 with a standard deviation of $45. Assume that we select a random sample of 81 bus drivers.
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