Actual real GDP will be above potential GDP if

O A. firms are producing above capacity.

O B. firms are producing below capacity.

O C. inflation is rising.

O D. firms are producing at capacity.

The average price of a gallon of milk increased from $3.00 last year to $3.50 this year. This is most likely due to

Fly high pilot training academy owns several planes used for instruction to new pilots. it follows accrual basis accounting. when it acquires a new plane it will record it as a (n)

Owen Company's unadjusted book balance at June 30 is $9,700. The company's bank statement reveals bank service charges of $45.

Who is one of the first salem residents to be accused of witchcraft in this play?

16. What size paper should you use for a legal document? A. 3" x 5" B. 8/2" x 11" C. 872" x 14" D. 74" x 1072"

Your firm is a U. K.-based exporter of bicycles. You have sold an order to a Swiss firm for SFr. 1,000,000 worth of bicycles. Payment from the Swiss firm (in Swiss francs) is due in 12 months.

Assume that the total value of the following items is $600 billion in a specific year for Upper Mongoose: net exports = $50 billion; value of new goods and services produced in the underground economy = $75 billion;

Managers rarely have to manage multicultural teams within one organization in one location. a. True b. False

Shares of RossCorp stock are selling for $45 per share. Brokerage commissions are 2% for purchases and 2% for sales. The interest rate on margin debt is 6.25% per year. The maintenance margin is 30

For each of the goods, identify the characteristics that describe each good. Note that each good will be described with two characteristics. Rivalrous is also referred to as rival in consumption.