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(Part B) What factors led (in Wildavsky’s terms) to the Budgetary Dissensus that occurred in the 1980s? Define Wildavsky’s dissensus, and then compare and contrast the 1970s and 1980s in national budgeting in giving your answer. How successful was the 1985 GRH Act in achieving its goals? Why?
If the Federal Reserve wishes to stimulate growth how would the Fed affect the money supply and how would interest rates change?
What is the present value of an investment that will pay you $417 at the end of the 1 year, $501 at the end of the 4, and $368 at the end of the 6 year. Assume the discount rate is 8%.
You have been asked to evaluate the balance sheet, income statement, and statement of cash flows for a firm. If you had to choose only three financial ratios to conduct your preliminary analysis, which three ratios would you choose and why?
Power Corporation owns 75 percent of Swift Company’s stock. Swift provides health care services to its employees and those of Power. During 20X2, Power recorded $37,000 as health care expense for medical care given to its employees by Swift. By what ..
You create a bull spread using calls by buying a call and simultaneously selling a call on the same stock with the same expiration at a higher strike price. A call option with a strike price of $20 sells for $4.55 and a call with a strike price of $2..
A Carlyle chemical is evaluating a new chemical compound used in the manufacture of a wide range of consumer products. The firm is concerned that inflation in the cost of raw materials will have an adverse effect on the projects cash flow. Specifical..
Fidelity Investments’ Partnership with Citizen Schools Roy Fralin stood in front of a roomful of active sixth and seventh graders in an inner-city public school in Roxbury, Massachusetts. The classroom walls were covered with flip chart paper, which ..
In the last three years, Merry Theaters paid annual dividends of $0.32, $0.42, and $0.50 a share respectively. The company now predicts that it will keep the same dividend for the foreseeable future given that business has leveled off. Given the lack..
Find the unknown amount X if the first payment is X and each subsequent payment is 50 more than the previous one.
A firm's dividends payable account increased $10,000 during the year. The firm also declared $35,000 of dividends. What is the complete disclosure in the direct method SCF for these events?
According to the Rule of 72, how long would it take for $1000 to become $8000?
Ann, aged 14, signed a three-year contract with Ted in order to learn ballet dancing. The terms of the contract stated that: a Ted would teach Ann ballet dancing to the best of his ability free of charge; Ann accepted a stage engagement from Bill, as..
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