As an elected official, you have been informed that real gdp is below its potential and that action should be taken to encourage economic growth and bring the economy to its long-run equilibrium. if the marginal propensity to consume is 0.8 and the amount of new government spending is $600 billion, by how much would the economy be stimulated

Which of the following statements are false regarding activity-based costing? non-manufacturing costs are important to include when calculating the cost of each product. costs are allocated based on a pre-determined overhead rate. transitioning from traditional costing methods to activity-based costing can be complicated and costly. activity-based costing follows the same basic calculation methods as traditional costing approaches. none of the above