During 2008, Bascom Bakery paid out $33,525 of common dividends. It ended the year with $155,000 of retained earnings versus the prior year’s retained earnings of $159,600. How much net income did the firm earn during the year?

A) $27,768

B) $28,925

C) $28,057

D) $23,719

E) $24,008

Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.