The last phase of contraction in the United States occurred in the early 1980s. Take the real GDP and inflation rate data presented in Table 20-2. A. Calculate the inflation rate and the real GDP growth rate from 1981 to 1985. Can you determine in which year there was a deep phase of contraction or recession in the economy?

B. In an OA-DA diagram as in figure 20-6 draw a set of OA and DA curves that plot the price and production balance show in the table. How can you explain the recession you’ve identified?

According to herman, one of the differences of managing a nonprofit versus a for-profit corporation is

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?