True or false: Income from passive investments may be taxed at ordinary rates, preferential rates, or may be exempt from taxation while income from portfolio investments will be taxed at ordinary rates.

If the economy is at equilibrium above potential output: there is a recessionary gap, and expansionary fiscal policy is appropriate. there is an inflationary gap, and contractionary fiscal policy is appropriate.

Golden Enterprises started the year with the following: Assets $115,000; Liabilities $40,000; Common Stock $70,000; Retained Earnings $5,000.

Milo Manufacturing uses straight-line depreciation for financial statement reporting and is able to deduct 100% of the cost of equipment in the year the equipment is purchased for tax purposes.

Which of the following is NOT a type of Qualitative forecasting? Question 3 options: 1) Delphi Techniques 2) Consensus Panel 3) Grassroots Forecast 4) Heuristic

The government accounting office (gao) announces deep cuts to social security, medicare, and welfare programs. which determinant of aggregate demand causes the change? price consumer spending investment spending government spending

The dividend yield is defined as: the last annual dividend divided by the current market price per share. the last annual dividend divided by the current book value per share.

Which of the symptoms would require you to stop working and go home

Stone hired mason as a salaried employee to work as a janitor in the common areas of stone's apartment building. mason was negligent in that he left a slippery, wet floor without putting up a warning or roping off the wet area.

A company produces a product at a variable cost of $10. the company is interested in maximizing its contributions and profits. there are 5 potential customers each of who will buy 1 at the most.

In 1 or 2 sentences, explain the difference between gross pay and net pay.