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  Aggregate Expenditures: Discuss the aggregate spending approach to macroeconomic equilibrium. This is sometimes termed Keynesian Economics (after John Maynard Keynes, rhymes with rains). What is macroeconomic equilibrium? What are the major spending components. What’s the difference between actual and potential gdp and why is that difference important. What’s the […]

Danes as the happiest people in the world 1. What characteristic/trait distinguishes the Danes from others in consistently being the happiest people in the world? 2. What is your assessment of the consequences of crowdsourcing in Iceland? 3. Did Professor Willerton characterize the U.S. government as having a positive or […]

BACKGROUND You have been temporarily hired by a new company €“ EcoLine Construction. Currently, you work between 6 and 7 hours a day for three days a week. EcoLine is trying to determine whether you should be hired full-time and a time chart is a way of determining whether it […]

You are an accountant in a medium-sized manufacturing company You are an accountant in a medium-sized manufacturing company. You have been asked to mentor an accounting clerk who is new to your accounting department. €¢ Explain why adjusting entries are necessary. €¢ Describe the 4 types of adjusting entries, and […]