from the subsections “The Results of Good Timing” and “The Results of Bad Timing” and Figure 9.30. If the typical business cycle were a roller coaster, how would it feel to ride without any intervention from the Fed? How would it feel if the Fed timed monetary policy well? What would it be like if the Fed timed monetary policy badly?

During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above