4. as christina romer discussed in her recent talk at reed, current fiscal policy faces a tightrope between the need for further stimulus and the need to restrain the rapid growth of government debt. indeed, the report of bipartisan national commission on fiscal responsibility and reform is to be (or was, depending on when you read this) released on december 1, 2010. given the constraints of deficit reduction and the need for further stimulus, what advice would you offer the incoming congress about fiscal policy?

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?

Read the scenario. alfonso is 19 years old and has a high school diploma. recently, he was promoted to assistant manager at the fast-food restaurant where he has worked since the age of sixteen. his dream is to become the restaurant’s manager. what is his best option for achieving his dream? he should find another job and work his way up to a higher position. he should hope that his manager transfers to another location and that he is his replacement. he should attend classes at the local college to receive training in management. he should work hard, work longer hours, and remain assistant manager.

One of the benefits of a well designed ergonomic work environment is low operating costs is true or false