An article in the New York Times in 1993 stated the following about Fed Chairman Alan​ Greenspan's decision to no longer announce targets for the​ money: ​"Since the late​ 1970's, the Federal Reserve has made many of its most important decisions by setting a specific target for growth in the money supply ... and often adjusted interest rates to meet​ them."   ​Source: Steven​ Greenhouse, "Fed Abandons Policy Tied to Money​ Supply," New York Times​, July​ 23, 1993. If the Fed would no longer have a specific target for the money​ supply, it would be targeting the

Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no