Why does the federal debt historicallytend to increase during periods of recession? a. Economic activity decreases, which decreases revenues and increases outlays.
b. Economic activity decreases, which decreases revenues and decreases outlays.
c. Economic activity increases, which increases revenues and increases outlays.
d. Economic activity increases, which increases revenues and decreases outlays.
e. Economic activity increases, which decreases revenues and increases outlays.

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60

Given the production function q=96(k^0.3)(l^0.7), find the mpk and mpl functions. is mpk a function of k alone, or of both k and l? what about mpl?

Choose the term that best matches the description given. when the materials for the product are in short supply, but the demand is high, it is called