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The two fiscal policies used included lowering of taxes and increased government spending. Lowering taxes ensured that more money remained in the economy to be used in paying of salaries to prevent a high unemployment rate. Increased government spending ensured that the government spent in the economy providing the citizens with funds due to buying and selling.

Lower reserve ratio and buying of securities are some of the monetary policies used. Decreasing the reserve ratio meant that more funds are released into the economy to support the high employment rate by providing funds while buying of securities in form of treasury and bills form the citizens provides more money into the economy. This money then circulates in the economy and is used in paying of salaries and wages to prevent a high unemployment rate. a diagram showing year 2003


What effect a reduction in marginal propensity to consume has on the size of the multiplier


Suppose the consumption equation is represented by the following :c= 250+0.75yd.

Calculate private savings


Which of the following entities stores information that is an organization's intellectual property?

A. Neither Bill of Materials nor Job Operations List

B. Job Operations List

C. Bill of Materials

D. Both Bill of Materials and Job Operations List


Which of the following statements are true?

A. If a company sells digital assets, its revenue cycle still contains an inventory entity.

B. Intangible services (e.g., internet access fees) would be represented as a source entity. C. Information about assets that are rented would be stored in a resource entity.

D. All of these are correct.


If an insurance company needed to collect and maintain detailed information about each of a customer’s dependents, it could do so by

A. establishing a 1:1 relationship between the Dependents and the Customer entity.

B. establishing a 1:0 relationship between the Dependents and the Customer entity.

C. establishing a 1:N relationship between the Dependents and the Customer entity.

D. establishing a M:N relationship between the Dependents and the Customer entity.


An individual “Disburse Cash” event is typically linked to (check all that apply):

A. One specific “Issue Debt” event

B. Multiple “Issue Debt” events

C. Multiple “Issue Stock” events

D. One specific “Issue Stock” event


The M:N relationship between the Request Inventory and the Order Inventory events has a minimum cardinality of 0 in both directions because

A. every request must be linked to at least one order.

B. Some requests are denied and thus are never linked to an order.

C. Some orders may be linked to more than one request.

D. all orders must be linked to at least one request.


Which of the following statements are true?

A. Relationships between resources and agents can be modeled to depict accountability and responsibility.

B. Relationships between two resources can be modeled to depict location information.

C. Relationships between two agents can be modeled to show supervisory relations.

D. All of these are correct.


Which of the following events in the HR/Payroll cycle are typically modeled as having an M:N relationship to the agents who participate in that event? (Check all that apply.)

A. Training

B. Hire applicants

C. Evaluate performance

D. Time worked


In the financing cycle, which event(s) contain information about dividend payments?

A. None of these are correct

B. Issue debt

C. Disburse cash

D. Issue stock


In the financing cycle, which event(s) contain information about the amount of cash received from investors?

A. Disburse cash

B. Receive cash

C. Issue stock

D. Issue debt Submit


In the financing cycle, which event stores information about the amount of interest paid on a specific date on a company’s long-term debt?

A. Cash

B. Issue Stock

C. Issue Debt

D. Disburse Cash


Who is the external party involved in the Disburse Cash events that represent payments of dividends or interest on debt?

A. Transfer agent

B. Creditor

C. Investor

D. Cashier


Where would an REA diagram for the HR/payroll cycle store information about total hours an employee worked in order to calculate payroll?

A. None of these are correct

B. In the employee time table

C. In the time worked table


Where would an REA diagram for the HR/payroll cycle store information that can be used to bill a client for the time employees spent working on a task for that particular client?

A. None of these are correct

B. In the time used table

C. In the employee time table

D. In the time worked table


Which table would a manager query in order to assess how much time an employee spent performing various functions?

A. Evaluate performance

B. None of these are correct

C. Time worked

D. Time used


In an REA diagram of the HR/Payroll cycle, which of the following is a resource entity?

A. Skills

B. Applicants

C. None of these are correct

D. Training


Which of the following are used to store information that represents a company’s intellectual property? (Check all that apply.)

A. Work in process

B. Job operations list

C. Machine operations list

D. Bill of materials


Which of the following are used to store information that represents a company’s intellectual property? (Check all that apply.)

A. Work in process

B. Job operations list

C. Machine operations list

D. Bill of materials


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