Place a check next to all of the statements that are examples of fiscal policy. there is an increase in federal income tax rates. the federal reserve purchases bonds in the open market. the federal estate tax is repealed. the federal government increases military spending. the federal government builds a high-speed train that connects los angeles and las vegas. the federal reserve increases the money supply by decreasing the required reserve ratio. to domestic firms, the federal government sets a quota on the number of goods that can be imported.

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities. required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.