If an expansion proposal is accepted, allowing an otherwise idle (and useless) machine with a market value and book value of $2,000 to be utilized, should it be recorded as a cash outflow, and if so, how much?
What will be an ideal response?
Yes, $2,000
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The risk of crowding out is greater the closer the economy is to full employment.
Answer the following statement true (T) or false (F)
Table 5.1National Income Accounts (dollar figures are in billions)Expenditures for consumer goods and services$4,565Exports$740Government purchases of goods and services$1,465Social Security taxes$510Net investment$225Indirect business taxes$520Imports$825Gross investment$865Corporate income taxes$185Personal income taxes$750Corporate retained earnings$45Net foreign factor income$20Government transfer payments to households$690Net interest payments to households$0On the basis of Table 5.1, personal saving is
A. $6,445 billion. B. $5,790 billion. C. $5,620 billion. D. $6,530 billion.
Entrepreneurship is defined as the ability to:
A. earn above-average profits. B. raise investment capital. C. minimize production costs. D. organize and get something done.
________ implementing export promotion policies is Japan.
A. One of the least successful countries in B. The only developed country that has been successful in C. One of the most successful countries in D. The only developed country that has banned