The American Recovery and Reinvestment Act of 2009 Multiple Choice substantially lowered interest rates in an attempt to stimulate investment spending. cut taxes by $152 billion, distributed primarily as rebate checks to taxpayers. implemented a $787 billion package of tax cuts and government expenditure increases. created a $700 billion rescue package for financial institutions.

Right medical introduced a new implant that carries a five-year warranty against manufacturer’s defects. based on industry experience with similar product introductions, warranty costs are expected to approximate 2% of sales. sales were $8 million and actual warranty expenditures were $42,750 for the first year of selling the product. what amount (if any) should right report as a liability at the end of the year?

Free rein leaders can be described as: a. dictatorial b. authoritarian c. democratic d. permissive

In the short-run, marginal costs are equal to the change in variable costs as output changes. ( mc = change in variable cost / change in quantity) assume that capital is fixed in the short-run. (a) start with the equation for marginal cost and derive an equation that relates marginal cost of production to the cost and productivity of labor. (b) draw a standard looking short-run marginal cost curve and use the equation you derived to explain its shape.