The president wishes to increase spending for education by $4 billion but also maintain a balanced budget. Therefore, taxes will also be increased by $4 billion. What will happen to GDP?

Which of the following best describes endogenous growth theory? A. Technological change is influenced by economic incentives and is determined by the workings of the market system. B.

During formation of Beecky partnership, Sam contributed property with an adjusted basis of $130,000 in exchange for a 25% interest in Beecky.

Adrian contributed an antique vase she had owned for 25 years to a museum. At the time of the donation, the vase had a value of $35,000. The museum displayed this vase in the art gallery.

For most mortgage loans on commercial real estate, the right of prepayment is constrained through a prepayment penalty. Which of the following types of prepayment penalties requires a borrower to provide the lender with some combination of U. S.

Sean, a sales manager at MusicForAll Inc., constantly seeks responsibility and works hard to succeed at his workplace.

Rain spoils the strawberry crop, the price of strawberries rises from $2 to $4 a box, and the quantity demanded decreases from 1 comma 400 to 1 comma 000 boxes a week. Calculate the price elasticity of demand over this price range.

You record the debit entry for transaction (B) 5/2 in the journal as Date Description Debit Credit A. May 2 A/P-Craft Bank 3,500.00 B. May 2 A/P-Craft Bank 3,500.00 C. May 2 Equipment-Store 3,500.00 D. May 2 Merchandise 3,500.00

To efficiently conduct an alumni survey, a university collects data on all those who attend the annual alumni reunion on campus. what type of manipulation is this?

Why are cigarettes sold in gas stations when smoking is prohibited there?

Show the change in the market for laptop computers that is consistent with the following statement: "When a technological advance improves the features of laptop computers, the price of laptop computers rises, and the price of a used desktop