Oriole Company has budgeted its activity for December according to the following information: 1. Sales at $550000, all for cash. 2. Budgeted depreciation for December is $16000. 4. The cash balance at December 1 was $14000. 5. Selling and administrative expenses are budgeted at $57000 for December and are paid for in cash. 6. The planned merchandise inventory on December 31 and December 1 is $16000. 7. The invoice cost for merchandise purchases represents 75% of the sales price. All purchases are paid in cash. How much are the budgeted cash disbursements for December?

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u. s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.