Suppose that GDP amounts to 1,500 gavels (the national monetary unit). Gross private investment is 400 gavels. Dwellers of the Brandeis Realm are very thrifty (shocking) and their consumption is limited to 5% of GDP. Bostown is the only foreign agent trading with your Realm (because you are such a bad person) and net exports amount to 20% of GDP. You have promised in the past (while preparing your own revolution, remember?) to make government expenditures grow up to 1,200 gavels (mostly channeled to the Anime Ministry). Is this promise feasible? Why or why not?

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: