Which of the following is the most accurate statement regarding the federal budget?

balancing the budget is a simple a process of increasing taxes to meet government expenses.

balancing the budget has been a concern and is difficult to achieve.

the president has control of the federal budget and the congress is unable to revise the spending plan.

the office of management and budget has final approval of the federal budget.

in the united states, monetary policy is controlled by
answer

the treasury department.

the federal reserve system.

the internal revenue service.

the office of management and budget

Identify the three components of a family's culture and provide one example from your own experience

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.