A company’s quick assets are $147,000 and its current liabilities are $143,000. This company’s acid-test ratio is 1.03.

Jervis sells $75,000 of its accounts receivable to Northern Bank in order to obtain necessary cash. Northern Bank charges a 5% factoring fee. What entry should Jervis make to record the transaction?

  More spending by the government would move us from which point to which point?  

If consumption is $340 and saving is $20, then disposable income

Keynesian economic policies suggest governments stimulate economic growth using various mechanisms. Which of the following is not one he suggested for stimulating the economy?

If consumption is $340 and saving is $20, then disposable income

The consumption function implies that

What macroeconomic indicator looks at those unemployed as a proportion of the total labor force?

Which of the following is accurate about discouraged workers as we’ve described them in our class?

The change in total spending associated with an increase in someone’s income is shown with the…