Choose the appropriate term for each statement. Word Choices:

(A) income
(B) interest rate
(C) expectations
(D) wealth
(E) household debt
(F) taxes

1. Keynesian economists think that is the key determinant of consumption and spending.
2. Classical economists think that the higher the , the more people will save, which means that they will consume less.
3. A person's about how much income he/she will earn in the future as well as future prices could shape how much he/she spends and saves today.
4. The more the person has, the less current consumption he/she undertakes.
5. A person's total income can be divided into three components: consumption, savings, and .
6. Savings, which is total income minus consumption and taxes, can be used to create more .

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e.g. 45.5 million.) total assets = total liabilities + total stockholders’ equity

As sales exceed the break‑even point, a high contribution‑margin percentage (a) increases profits faster than does a low contribution-margin percentage (b) increases profits at the same rate as a low contribution-margin percentage (c) decreases profits at the same rate as a low contribution-margin percentage (d) increases profits slower than does a low contribution-margin percentage

When many scrum teams are working on the same product, should all of their increments be integrated every sprint?