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1. Suppose that the marginal propensity to consume (MPC) is 0.8, and there is a $2,000 increase in autonomous consumption. Given this information, real GDP will increase by;
2. Suppose that the government pursues expansionary fiscal policy by lowering taxes. What are the expected demand-side effects? What are the possible offsets to the demand-side effect? How might supply-side effects change these results?
3. Explain the differences between the public debt and the government budget deficit. Explain how deficit spending could be a burden to future generations.
4. What are the direct and indirect effects of an increase in the money supply?
5. What are the effects of a tariff on a good?
What balance will be reported for inventory in the consolidated balance sheet for December 31, 20X8? What amount of sales will be reported in the consolidated income statement for 20X8?
Assume that a pet food manufacturer s considering adding two types of pet food to its existing product line. Research had determined that good demand exists for dog food in 40-pound bags and cat food in 1/2 pound cans. How much overhead cost will be ..
Salta Company installs a manufacturing machine in its factory at the beginning of the year at a cost of $87,000. The machine's useful life is estimated to be 5 years, or 400,000 units of product, with a $7,000 salvage value. During its second year, t..
Saverin Inc. produces and sells outdoor equipment. On July 1, 2016, Saver in Inc. issued $14,000,000 of 10-year, 10% bonds at a market (effective) interest rate of 8%, receiving cash of $15,902,691. Journalize the entry to record the amount of cash p..
q1.the controllers staff often consists of several management accountants. all of the following would most likely be on
In year 2, ignoring utility costs altogether, how many additional units must be sold just to pay for this added $300,000/yr. expense in added administrative salaried headcount?
Determine the balance sheet inventory carrying value at December 31,2011 assuming the LCM rule is applied to individual products and separate income statement item, determine the amount of the loss.
What alternative rate, or rates, might be preferred by opponents of the settlement rate? Why?
tingey industries sells merchandise on a batch basis to dealers. the selling price of the merchandise averages 25
Razar Sharp Company purchased equipment on July 1, 2014, for $33,750. The equipment was expected to have a useful life of three years, or 5,940 operating hours, and a residual value of $1,080. Determine the amount of depreciation expense for the year..
What is the amount of the discount and up to what date must the invoice be paid in order for the buyer to take advantage of the discount?
Barth Company reports the following year-end account balances at December 31, 2013. Prepare the 2013 income statement and the balance sheet as of December 31, 2013.
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