Donald operates an accounting firm and has an annual summer party for the employees and their families. he believes the party benefits his employees. the cost of the food and beverages served at the party was $4,000. donald also pays a band $500 to play at the party.. how much of the total cost can donald deduct?
a. $- 0 -
b. $2,000
c. $2,500
d. $4,000
e. $4,500

What is one of the best ways to determine what kind of business you'll enjoy

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.

When the benefit of one particular use of a resource is greater than the opportunity cost, then that resource is which of the following? a. not scarce b. being used efficiently c. a normal good d. non-excludable