A machine with a cost of $200,000 and accumulated depreciation of $100,000 is sold for $80,000 cash. The amount reported as a source of cash under cash flows from investing activities is
A. $20,000
B. $80,000
C. $100,000
D. zero; this is a financing activity
E. zero; this is a operating activity
Ans: B. $80,000
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Suppose there are currently 100 people unemployed, 1500 people employed, and 2000 people in the working age population. The labor force participation rate equals 100 times
A) 100/1500. B) 100/1600. C) 1500/2000. D) 1600/2000.
Under the gold standard, a country that is experiencing a gold outflow
a. has a balance of payments deficit. b. has a shrinking money supply. c. is experiencing a fall in output. d. All of these.
What arguments have been advanced in defense of price discrimination?
Exhibit 14-6 Aggregate supply curve
?
In Exhibit 14-6, where the GDP = $1,200 billion,
A. everyone in the population over 16 years of age is working. B. the economy has reached the full-employment level of real GDP. C. GDP can increase to $1,100 billion without triggering an increase in the price level. D. no further increases in the price level can generate more real GDP.