Data on output and planned aggregate expenditure in Macroland are given below. Output (Y) Planned Aggregate Expenditure (PAE) 2,000 2,300 3,000 3,200 4,000 4,100 5,000 5,000 6,000 5,900 Based on these data, the short-run equilibrium level of output is:

Elephant, inc.'s cost of goods sold for the year is $2,000,000, and the average merchandise inventory for the year is $129,000. calculate the inventory turnover ratio of the company. (round your answer to two decimal places.)

Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%

In terms of precent, beer has more alcohol than whiskey true or false