Monetary policy could be procyclical if the federal reserve: a) is late recognizing that a recession has begun and conducts expansionary monetary policy. b) is quick to recognize that a recession has begun and conducts expansionary monetary policy. c) is late recognizing that a recession has begun and does not conduct expansionary monetary policy. d) is quick to recognize that a recession has begun and does not conduct expansionary monetary policy.

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Determine if the following statements are true or false. an increase in government spending can crowd out private investment. an improvement in the budget balance increases the demand for financial capital. an increase in private consumption may crowd out private investment. lower interest rates can lead to private investment being crowded out. a trade balance in sur+ increases the supply of financial capital. if private savings is equal to private investment, then there is neither a budget sur+ nor a budget deficit.

Beranek corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. the new cfo wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. how much must the firm borrow to achieve the target debt ratio? a. $273,600b. $288,000c. $302,400d. $317,520e. $333,396