An increase in taxes of a specific amount will have a smaller impact on the equilibrium gdp than will a decline in government spending of the same amount because:

If the month-end bank statement shows a balance of $54,000, outstanding checks are $15,000, a deposit of $6,000 was in transit at month end, and a check for $900 for non-sufficient funds charged by the bank against the account, the correct balance

As of december 31, 2013, nilsen industries had $2,000 of raw materials inventory. at the beginning of 2013, there was $1,600 of materials on hand. during the year, the company purchased $324,000 of materials; however it paid for only $314,000.

J&R Renovation, Inc., is trying to determine its cost of debt. The firm has a debt issue outstanding with 16 years to maturity that is quoted at 106 percent of face value.

Stocks differ from bonds because:A. bond cash flows are known while stock cash flows are uncertain. B. firms pay bond cash flows prior to paying taxes while stock cash flows are after tax. C.

Melissa invests $37,000 today in a savings account that pays 4 percent interest compounded annually. She wants to know the total balance in her account seven years from today.

If the distribution of income, the net income is less than the salary and interest allowances granted, the remaining balance will be a negative amount that must be divided among the partners as though it were a loss. True/false

Which of the following statements is true about work hour regulations for 14 and 15-year-olds? They can work up to 30 hours during a school week They can only work outside school hours They can work up to 3 hours during school days They can start

Rebecca is concerned about the number of customers complaining about the poor service provided by the department she manages for a hardware store. She is convinced that her employees can provide better service and cut complaints significantly.

Suppose that a person's nominal income rises by 5 percent and the price level rises from 125 to 130. The person's real income will a) rise by about 4 percent. b) rise by about 1 percent. c) remain constant. d) fall by about 1 percent.

On February 3, Smart Company sold merchandise in the amount of $5,800 to Truman Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,000. Smart uses the perpetual inventory system and the gross method.