There is disagreement among economists over whether the "wealth effect" or a "debt overhang" is the primary reason that financial disasters lead to recessions. each explanation suggests that a different government policy should be followed. if the wealth effect causes financial crises to lead to recessions, then policy makers should concentrate on choose one: a. more thoroughly regulating banks. b. stopping households from borrowing so much. c. decreasing infrastructure spending at the beginning of the recession. d. keeping asset bubbles from becoming too large.

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?