3. in a 1989 report, a consulting firm estimated the economic impacts of moving the los angeles raiders (a professional football team) to sacramento. the authors predicted that people would spend $28 million per year on the team (tickets, food, merchandise, and parking). (you can assume this is a reasonable estimate.) the consulting firm then used an economic multiplier of 2.2 to arrive at their estimate of the total economic impact of the raiders on the city of sacramento—$61.6 million per year. what implicit assumptions have they made in their analysis? provide a brief assessment of their conclusion.

Which of the following actions is most likely to result in a decrease in the money supply? a. the discount rate on overnight loans is lowered. b. the government sells a new batch of treasury bonds. c. the federal reserve bank buys treasury bonds. d. the required reserve ratio for banks is decreased. 2b2t

Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)