A major advantage of the built-in or automatic stabilizers is that they: Group of answer choices guarantee that the Federal budget will be balanced over the course of the business cycle. automatically produce surpluses during recessions and deficits during inflations. require no legislative action by Congress to be made effective. simultaneously stabilize the economy and reduce the absolute size of the public debt.

Which one of the following is not a typical current liability? a. interest payable b. current maturities of long-term debt c. salaries payable d. mortgages payable

Why do you think the federal government commits so much time and so many resources to supporting small businesses when they make less of a contribution to the overall economy than large corporations?

Comparative financial statements for weller corporation, a merchandising company, for the year ending december 31 appear below. the company did not issue any new common stock during the year. a total of 800,000 shares of common stock were outstanding. the interest rate on the bonds, which were sold at their face value, was 12%. the income tax rate was 40% and the dividend per share of common stock was $0.40 this year. the market value of the company's common stock at the end of the year was $18. all of the company's sales are on account. time interest earned ratio