If the price of a typical market basket of goods increased from about $20 in 1960 to $200 in early 2012, then it Group of answer choices must not have contained the same goods in both periods. rose at a 10 percent rate per year from 1960 until early 2012. rose at a 100 percent rate from 1960 until early 2012. rose by 40-fold from 1960 until early 2012. rose by 10-fold from 1960 until early 2012.

If the government is required to balance the budget and the economy falls into a recession, which of the actions is a feasible policy response? cut taxes to encourage consumer spending invest in infrastructure increase government spending to stimulate the economy cut spending equal to the reduction in tax revenue what is a likely consequence of this policy? unemployment falls due to the economic stimulus. the negative consequences of the recession are magnified. consumer spending increases due to their ability to keep more of their after-tax income. there is hyperinflation due to an increase in aggregate demand.

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Acoase solution to a problem of externality ensures that a socially efficient outcome is to