Which of the following scenarios is an example of a transmission lag? The economy enters a deep recession and Congress passes spending on public works that will take years to plan for and build. The economy enters a deep recession, and Congress takes two months to approve an extensive tax cut bill. The economy enters a deep recession on the same day that new quarterly data show positive economic growth. Which of the following scenarios is an example of a data lag? Policymakers obtain relevant economic data months after a recession has already begun. In response to a recession, Congress passes a spending bill for interstate highway upgrades that will take years to plan and complete. A new law requires that all new spending bills go through at least one month of debate before receiving a congressional vote.

8. agreement and disagreement among economists suppose that bob, an economist from a university in arizona, and cho, an economist from a public television program, are arguing over saving incentives. the following dialogue shows an excerpt from their debate: cho: i think it's safe to say that, in general, the savings rate of households in today's economy is much lower than it really needs to be to sustain an improvement in living standards. bob: i think a switch from the income tax to a consumption tax would bring growth in living standards. cho: you really think households would change their saving behavior enough in response to this to make a difference? because i don't. 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? rent ceilings reduce the quantity and quality of available housing. immigrants receive more in government benefits than they contribute in taxes. having a single income tax rate would improve economic performance.

On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.