In a command economy, decisions about which goods are produced are based on: A) what goods are most likely to seek in international markets
B) what the government decides is important for society
C) what the local community has made for generations
D) what businesses believe will generate the most profits

In 2017, "a public university was awarded a federal reimbursement grant" of $18 million to carry out research. of this, $12 million was intended to cover direct costs and $6 million to cover overhead. in a particular year, the university incurred $4 million in allowable direct costs and received $3.4 million from the federal government. it expected to incur the remaining costs and collect the remaining balance in 2018. for 2017 it should recognize revenues from the grant of