The process utilized to develop financial forecasts and monitor various budgets and costing models is called
a. auditing
b. managerial accounting
c. budgeting
d. forecasting
e. none of these
b. managerial accounting
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The federal goal of making land widely accessible, especially in the last half of the 19th century,
a. was largely realized without fraud or favoritism. b. was implemented despite a process that favored special interests. c. was often subverted by fraud. d. None of the above is correct. e. Only b and c are correct.
Gabrielle, an Italian citizen, uses some previously obtained dollars to purchase a bond issued by a U.S. company. This transaction
a. decreases U.S. net capital outflow. b. does not change U.S. net capital outflow. c. increases U.S. net capital outflow by more than the value of the bond. d. increases U.S. net capital outflow by the value of the bond.
An increase in U.S. real interest rates causes the dollar to _________________, which tends to __________________ U.S. Real GDP
A) appreciate; raise B) appreciate; lower C) depreciate; raise D) depreciate; lower
Assume that taxes depend on income. The MPC is 0.8 and t is 0.5. If government purchases increase by $100 billion, the equilibrium level of output will increase by
A. $57.5 billion. B. $167 billion. C. $192.31 billion. D. $215.9 billion.