Goofy Inc. bought a sizeable amount of Crazy Co.'s bonds for $197,000 on May 5, 2020, and classified the investment as available-for-sale. The market value of the bonds declined to $126,000 by December 31, 2020. Goofy reclassified this investment as trading securities in December of 2021 when the market value had risen to $162,000. What effect on 2021 net income should be reported by Goofy for the Crazy Co. bonds?

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.)