Assume that policymakers believed that the marginal propensity to consume (MPC) was 0.9. Following the announcement in December 2008 that the U. S. economy had been in a recession since December 2007, Congress and President Obama passed the American Recovery and Reinvestment Act (ARRA) into law in February 2009. The ARRA cut taxes by $288 billion, increased government spending by $275 billion, and increased transfer payments by $224 billion. Although not fully implemented, the majority of the government spending would take place in 2010 and 2011. 1. Was the ARRA an example of discretionary fiscal policy or nondiscretionary fiscal policy

In june, one of the processinthe assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units the assembly department started the month with 25,000 units in its beginning work in process inventory. an additional 310,000 units were transferred in from the prior department during the month to begin processing in the assembly department. there were 30,000 units completed and transferred to the next processing department during the month. how many units were in its ending work in process inventory