Quizlet Which one of the following statements is accurate? The proportion of revenue received from payroll taxes is much lower today than in the early 1960s. The proportion of spending on the net interest on the debt is much higher today than it was in the early 1960s. The proportion of revenue received from corporate income taxes is much less today than in the early 1960s. d. The proportion of spending on Social Security is lower today than in the early 1960s.

Norton manufacturing expects to produce 2,900 units in january and 3,600 units in february. norton budgets $20 per unit for direct materials. indirect materials are insignificant and not considered for budgeting purposes. the balance in the raw materials inventory account (all direct materials) on january 1 is $38,650. norton desires the ending balance in raw materials inventory to be 10% of the next month's direct materials needed for production. desired ending balance for february is $51,100. what is the cost of budgeted purchases of direct materials needed for january? $58,000 $65,200 $26,550 $25,150

Classify each of the following items as a public good, a private good, a natural monopoly good, or a common resource.(a) measles vaccinations (b) tuna in the pacific ocean (c) airline service in the united states (d) local storm-water system

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