The inventory records for Radford Co. reflected the following Beginning inventory @ May 1 500 units @ $ 2.60 First purchase @ May 7 600 units @ $ 2.80 second purchase @ May 17 800 units @ $ 2.90 Third purchase @ May 23 400 units @ $ 3.00 Sales @ May 31 1,800 units @ $ 4.50 Determine the amount of cost of goods sold assuming the LIFO cost flow method.

Suppose that kenji, an economist from an am talk radio program, and lucia, an economist from a school of industrial relations, are arguing over health insurance. the following dialogue shows an excerpt from their debate: lucia: a popular topic for debate among politicians as well as economists is the idea of providing government assistance for health benefits. kenji: i think it is oppressive for the government to tax people who take care of themselves in order to pay for health insurance for those who are obese. lucia: i disagree. i think government funding of health insurance is useful to ensure basic fairness. the disagreement between these economists is most likely due to . despite their differences, with which proposition are two economists chosen at random most likely to agree? lawyers make up an excessive percentage of elected officials. minimum wage laws do more to harm low-skilled workers than them. tariffs and import quotas generally reduce economic welfare.

Which of the following would create the most money? the initial deposit is $6,500 and the required reserve ratio is 20 percent. the initial deposit is $3,000 and the required reserve ratio is 10 percent. the initial deposit is $7,500 and the required reserve ratio is 25 percent. the initial deposit is $4,500 and the required reserve ratio is 15 percent.

What is a potential negative effect of an expansionary policy? decreased borrowing increased interest rates increased inflation decreased available credit