On december 28, 2021, videotech corporation (vtc) purchased 10 units of a new satellite uplink system from tristar communications for $27,000 each. the terms of each sale were 2/10, n/30. vtc uses the net method to account for purchase discounts and a perpetual inventory system. vtc paid the net-of-discount amount on january 6, 2022. prepare the necessary journal entries assuming that vtc uses the net method to account for purchase discounts

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.)