Why does the federal debt historicallytend to increase during periods of recession? a. Economic activity decreases, which decreases revenues and increases outlays.
b. Economic activity decreases, which decreases revenues and decreases outlays.
c. Economic activity increases, which increases revenues and increases outlays.
d. Economic activity increases, which increases revenues and decreases outlays.
e. Economic activity increases, which decreases revenues and increases outlays.

You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?

On july 2, year 4, wynn, inc., purchased as a short-term investment a $1 million face-value kean co. 8% bond for $910,000 plus accrued interest to yield 10%. the bonds mature on january 1, year 11, and pay interest annually on january 1. on december 31, year 4, the bonds had a fair value of $945,000. on february 13, year 5, wynn sold the bonds for $920,000. in its december 31, year 4, balance sheet, what amount should wynn report for the bond if it is classified as an available-for-sale security?

China white was the black market selling of ivory, in which the profit was redistributed back into the trafficking of heroin.