Wesley lives in Washington and makes $56,500 a year. If the median annual income is $58,078 in Washington and $50,233 in the United States as a whole, is Wesley likely to qualify for Chapter 7 bankruptcy?

Billie jean has $120 to spend and wants to buy either a new amplifier for her guitar or a new mp3 player to listen to music while working out. both the amplifier and the mp3 player cost $120, so she can only buy one.

According to the Keynesian transmission mechanism, if the Fed conducts an open market purchase of government securities, it may cause which of the following in the investment goods market? a. a rightward shift in the investment demand curve b.

What does it mean to start a business out of the necessity

What will happen to the trade balance and the real exchange rate of a small open economy when government purchases increase, as during a war? Does your answer depend on whether this is a local war or a world war?

An automobile dealership that has always had success with homemade advertisements finds it difficult to switch to a professional advertising agency, despite the fact that consumers are becoming more sophisticated. A. DissolutionB. InactionC.

The automobile industry in a developing country has very few sellers. If one automobile company raises the prices of its trucks by a certain amount, other automobile companies in the industry follow by raising prices by a similar amount.

Cleo writes a check for $100 drawn on debit & credit bank and presents it to elegant jewelers for payment. if the check is not backed by sufficient funds and intent to defraud can be proved, cleo may be prosecuted for

Privatization is a way to a. shrink the federal budget by selling government services or property in the private sector. b. reduce government costs by relocating government programs to private groups or corporations. c.

Gonzalez Company acquired $200,000 of Walker Co., 6% bonds on May 1 at their face amount. Interest is paid semiannually on May 1 and November 1. On November 1, Gonzalez Company sold $70,000 of the bonds for 97.

A debt does not have to be past due before a creditor can begin legal action against a debtor. true or false.