Tockholders’ equity paid-in capital preferred stock, cumulative, 12,000 shares authorized, 7,200 shares issued and outstanding $ 756,000 common stock, no par, 734,000 shares authorized, 564,000 shares issued 1,692,000 total paid-in capital 2,448,000 retained earnings 1,187,000 total paid-in capital and retained earnings 3,635,000 less: treasury stock (7,500 common shares) 40,000 total stockholders’ equity $3,595,000 from a review of the stockholders’ equity section, answer the following questions.

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)

This problem has been solved! see the answerwhich of the following statements is correct? the consumer price index is a measure of the overall level of prices, whereas the gdp deflator is not a measure of the overall level of prices. if, in the year 2011, the consumer price index has a value of 123.50, then the inflation rate for 2011 must be 23.50 percent. compared to the gdp deflator, the consumer price index is the more common gauge of inflation. the consumer price index and the gdp deflator reflect the goods and services bought by consumers equally well.