In referring to "the type of fiscal policy changes in question," the author recognizes that a. contractionary fiscal policy is different from expansionary fiscal policy. b. the tax multiplier is different from the government purchases multiplier. c. discretionary fiscal policy is different from automatic stabilizers. d. local government spending changes are different from federal government spending changes.

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes

Which of the following has the largest impact on opportunity cost