Blaze operates a restaurant in cleveland. he travels to columbus to investi- gate acquiring a business. he incurs expenses as follows: $1,500 for travel, $2,000 for legal advice, and $3,500 for a market analysis. based on the different tax consequences listed below, describe the circumstances that were involved in blaze’s investigation of the business. a. blaze deducts the $7,000 of expenses. b. blaze cannot deduct any of the $7,000 of expenses. c. blaze deducts $5,000 of the expenses and amortizes the $2,000 balance over a period of 180 months.

Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.