When household debt as a share of income is abnormally high, a. rapid growth of consumption is likely to lead the recovery. b. the growth prospects of the economy will be excellent because high household debt is the key to a strong economy. c. consumers will be in a strong position to deal with irregular expenses. d. the growth of consumption is likely to remain sluggish even as the economy begins to recover?

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.