Exercise 4-10 (Static) Earnings per share [LO4-5]The Esposito Import Company had 1 million shares of common stock outstanding during 2021. Its income statement reported the following items: income from continuing operations, $5 million; loss from discontinued operations, $1.6 million. All of these amounts are net of tax.Required:Prepare the 2021 EPS presentation for the Esposito Import Company. (Amounts to be deducted should be indicated with a minus sign. Round your answers to 2 decimal places.)

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Answer 1
Sorry doing this for points

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Lee, the CEO of Libra Inc., decided that the best way to diversify this food processing company would be to set up its own small-scale beverage producing unit in a new area where its new products would have high demands. This decision by Lee best reflects a(n) _________.

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The decision that Lee wants to take to diversify the food processing company is known as a greenfield entry.

What is a greenfield entry?

This refers to the establishment of a company's subsidiary in another nation or area apart from the company's current location.

Lee wants to establish a new division in another area so this must be a greenfield entry.

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A farmer shows up at a tractor dealership with $150,000 to buy a tractor priced at $148,875. The excess after buying the tractor will be used to pay for license, insurance and maintenance for the first few months. Since he is paying cash for the tractor he is able to negotiate 15% reduction off the sticker price. How much did he pay for the tractor

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The amount that the farmer paid for the tractor, which is the net price after discounts, is $126,543.75.

What is the net price?

The net price is the difference between the sticker price and the discount of 15% received off the sticker price.

Data and Calculations:

Sticker price of tractor = $148,875

Discount reduction 15%

Amount paid = $126,543.75 ($148,875 x 1 - 0/15)

Thus, the farmer paid $126,543.75 for the tractor at the dealership.

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Most single-payment loans are secured by:

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Most single-payment loans are secured by collateral.

What is Collateral?

Collateral can be explained as money or property that is been used by the one who borrow of a loan as a guarantee that someone will repay.

This can be a personal assets especially for  small business loans, hence, Most single-payment loans are secured by collateral.

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Santiago was excited to find out that he was accepted at the college of his choice, but knew that he would need financial aid to pay for it. Luckily, he was approved for a government grant. What does this mean for Santiago

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This means that Santiago can go to the college as he is provided with the financial support.

What is the meaning of Government Grant?

The financial grant given the government of any level such as the federal level, State level or Local level to provide some funds to useful projects is known as Government Grant.

According to the above scenario, Santiago is provided the government grant now he can attend the college.

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Scarcity exists when there are _______ resources available to satisfy all the competing uses.

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Few resources or limited resources or not enough

Have a nice day.

Marketing documentation typically includes:

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The marketing agreement is essential document for marketer to market a new product, it outlined work to be done in campaign.

Marketing requirements document define the product or service to market, the effort is done as per task assigned for promotion or brand new product.

Strategic plan outlines marketing campaign goals and milestones to achieve the goal with or without others involvements.

Content schedules is to obtain content to execute marketing strategy, this is special promotion or it is limited time offers.

What is Marketing?

The marketing is an action of promoting / selling of products or providing services.

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If your job is to compare actual expenses incurred by your company with financial projections previously created, you are performing the task of Multiple Choice financial control. managerial control. the accounting cycle. financial ratio analysis.

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Answer:

Financial Statement Analysis

Financial statement analysis reviews financial information found on financial statements to make informed decisions about the business. The income statement, statement of retained earnings, balance sheet, and statement of cash flows, among other financial information, can be analyzed. The information obtained from this analysis can benefit decision-making for internal and external stakeholders and can give a company valuable information on overall performance and specific areas for improvement. The analysis can help them with budgeting, deciding where to cut costs, how to increase revenues, and fu

If the Fed wants to decrease interest rates, it should: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices recall bonds in open market operations. issue bonds in open market operations. buy bonds in open market operations. sell bonds in open market operations.

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If the Fed wants to decrease interest rates, they should buy bonds in open market operations.

How can the Fed decrease rates?

The Fed can engage in Open market operations where they buying bonds from the market.

This would increase the amount of cash in the economy. As this happens, interest rates would decrease because less people would demand loans as they would have cash.

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The change in the quantity of a good, service, or resource that consumers, firms, and governments are willing and able to buy due to a change in its price is called:

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The change in the quantity of a good, service, or resource that consumers, firms, and governments are willing and able to buy due to a change in its price is called a Shift in Demand.

Shift in DemandWhen a fundamental driver of demand changes, the location of the demand curve will move to the left or right.The demand curve shifts to the right to indicate increases in demand. A rise in income, an increase in the cost of a substitute, or a decrease in the cost of a complement could all contribute to this.An increase in the quantity needed at every price results from a movement in demand to the right. For instance, if drinking coke gets more popular, demand will rise regardless of price.

Hence, the change in the quantity of a good, service, or resource that consumers, firms, and governments are willing and able to buy due to a change in its price is called a Shift in Demand.

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what are letters of reference called

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Letters of reference are called letter of recommendation

What are reference letter?

Letter of reference is a letter written on behalf of an individual to point out potential and capacity that the person posses.

This can be done former employer for an employee who has worked with him or her.

Therefore, letters of reference are called letter of recommendation.

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an online store wants a database of customer information but it does not have the meta pixel installed. which campaign objective meets this business goal?

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The campaign objective which meets this business goal is Lead Generation

What is Lead Generation?

This refers to the process through which potential customers are identified and cultivated.

Hence, we can see that from the given scenario of the use of a database of customer information to identify their purchase decisions but has no metadata installed, this is lead generation.

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an economic policy maker would rank a _____ shock as the least preferred type. a. positive demand b. negative demand c. positive supply d. negative supply

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The negative supply shock would most likely be ranked as the least preferred type by an economic policy maker.

What is a negative supply shock?

It refers to a change in supply which resulted to a decreases output causing prices to increase.

Among other supply shock, this is least preferred type of supply shock by an economic policy maker.

Therefore, the Option D is correct.

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John, who has an inflation adjusted wage, would like to borrow a loan from the Bank of Titon. Suppose the inflation rate is predicted to be 8%. In order for the loan payments to be more favorable to John, the interest rate should be:

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In order for the loan payments to be more favorable to John, the interest rate should be:6%.

What is inflation?

Inflation occur when their is increase in the price of goods and services,

Based on the given scenario if the inflation rate is  8%. The best alternative is for John to receive the interest rate at 6% as this will enable the loan payment to favor him compare to 8% which is higher.

Therefore In order for the loan payments to be more favorable to John, the interest rate should be:6%.

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In cities where people typically go to retire, there tends to be larger markets for Viagra. Nancy, a Viagra saleswoman, recently moved from Park City Utah (an amazing place to retire) to Florida (another common place to retire) simply because of its warmer climate and will need to spend some time looking for a new job at one of the many Viagra sales firms in Florida. Nancy would be considered:

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Nancy, who was a Viagra saleswoman in Utah before moving to Florida, would be considered frictionally unemployed.

What is frictional unemployment?

Frictional unemployment exists in a situation when a person could be gainfully employed but decides to seek employment elsewhere.

The movement from employed status to seeking employment creates frictional unemployment.

Thus, Nancy, who was a Viagra saleswoman in Utah before moving to Florida, would be considered frictionally unemployed.

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the saving component of financial planning focuses on long-term security and includes:

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The saving component of financial planning focuses on long-term security and includes a regular savings plan for emergencies.

What is financial planning?

Financial planning can be described as the process of evaluating a person's present income and future financial situation using currently available data to forecast future asset values, earnings, and withdrawal schedules.

Long-term financial planing serve as the foundation for the creation of short-term plans and budgets later in the financial planning process.

The saving portion of financial planning emphasizes long-term security and includes a consistent savings plan for emergency expenses.

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which costs are affected by the level of output produced?

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The costs that are affected by the level of output produced is:

Variable costs

What are Variable Costs?

Variable costs are the accrued costs that are dependent on the amount of productivity invested by the employees. The variable costs are not stable because they vary with the level of output at every point in time.

The opposite of variable cost is fixed cost. Raw material and delivery costs are some examples of variable costs.

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Suppose your main competitor has just introduced a new technology by which customers are really delighted about that technology. the customers are increasing substantially after introducing that new technology in the market. as a top-level manager, what should you do at this moment for your organization?

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As a top-level manager of the organization, the duty of the manager is to come up with a business strategy that can be effectively applied to the situation so that it works in favor of the organization.

How a company can conquer technological challenges?

Sustaining in the market by lowing the prices of the products.Introducing discounts and combo offers to attract customers.Creating better customer-business relationships so that a business rapport can be built.Working with the team, brainstorming some ideas which can bring positive results for the organization with the existing products available in the market.

Thus, these are some of the ways a manager can adapt to survive through a technological threat.

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When a firm makes choices between a cost or value position to achieve competitive advantage, it is primarily involved in:

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When a firm makes choices between a cost or value position to achieve competitive advantage, it is primarily involved in: strategic trade-offs.

What are strategic trade-offs?

This is a term that is used in the business word to refer to the sacrifices that a firm would make in order to be able to deliver on its goals.

Trade offs could be the service levels that the firm is not able to achieve.

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Economists believe that people's wants are:

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Economists believe that the wants of people are infinite.

What is want in economics?

These are the basic needs of people. In the field of economics it is believed that the wants of people are too numerous.

People have so many needs and the resources that are required to fulfill them are limited. This is the concept of scarcity.

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suppose a small economy produces only the three goods listed in the the table above. what is the value of gdp in this economy?

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Suppose a small economy produces only the three goods listed in the table below, the value of GDP in this economy is $27,000.

What is GDP?

GDP means Gross Domestic Product.

The GDP shows the monetary value of all finished goods and services produced in a country during a specific period.

Data and Calculations:

GDP Table

Product       Price     Quantity  Total Value

Shovels      $20          40           $800

Books          50        500      $25,000

Pizzas           10         120         $1,200

Total GDP =                         $27,000

Thus, suppose a small economy produces only the three goods listed in the table below, the value of GDP in this economy is $27,000.

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When marketers adapt their products by offering less expensive products that are tailored to consumers with modest incomes, they are paying close attention to:

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When marketers adapt their products by offering less expensive products that are tailored to consumers with modest incomes, they are paying close attention to: economic factors.

What are economic factors?

Economic factors are those factors that are used to determine what causes the competitiveness in the business environment of the firm.

Some of the factors are

Wages Interest rateInflationGovernment policies

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country x has a budget deficit. which of the following changes in government budget outlays and tax revenues will result in a decrease in country x’s government budget deficit?

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The combination of outlay and Tax revenue that will help correct the deficit situation of Country X is found in Option D. This condition means that the country's tax revenue is in excess of its spending by $200 Million.

What is a Budget Deficit?

When there is a shortfall between the available funds or revenue required to service the budget, the country is said to be operating in a budget deficit situation. Note that outlay means spending.

Thus, it is correct to state that The combination of outlay and Tax revenue that will help correct the deficit situation of Country X is found in Option D

See the attached image.

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Which trim level is available exclusively for customers who participate in the 2023 ariya reservation program?.

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The PLATINUM+ e-4ORCE is the trim level that is available exclusively for customers who participate in the 2023 Ariya reservation program.

What is the Ariya reservation program?

The reservation program is organized by Nissan firm to the public.

In conclusion, the PLATINUM+ e-4ORCE is said to be the trim level that is available exclusively for customers who participate in the 2023 Ariya reservation program.

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for a monopolist: a. price equals average total cost. b. price is above marginal revenue. c. marginal revenue equals zero. d. marginal cost equals zero. e. average total cost equals marginal cost.

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For a monopolist b. price is above marginal revenue.

What Is Marginal Revenue?

Marginal revenue can be regarded as  increase in revenue which is been gotten from  the sale of one additional unit of output.

As a monopolist that is the the only seller in the market, then their marginal revenue is usually above price because they don't have a competitor that is close enough.

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Lee Sun's has sales of $3,300, total assets of $3,000, and a profit margin of 6 percent. The firm has a total debt ratio of 42 percent. What is the return on equity

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The return on equity  is 11.37%.

What does an equity means?The value that would be restored to a company's shareholders if all of its assets were sold and all of its obligations were settled is known as equity. We can also think of equity as the amount of ownership that remains in a company or asset after all debts related to that asset have been paid off.

Net income = $3,300 x 0.06 = $198

Total debt ratio = 0.42 = ($3,000 - total equity)/$3,000

Total equity = $1740

Return on equity = $198/$1740

                              = 0.1137 or 11.37%

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what is the best way to prevent underage alcohol sales

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The best way to prevent underage alcohol sales is to:

Ask every guest who might be underage for a valid ID.

What is Underage Drinking?

Underage drinking occurs when a person who is below the legal age of drinking indulges in alcohol.

When young people who are below the legal age of drinking approach a store manager, the best thing to do will be to ask for their official means of identification. If this is below the recommended age then it will not be ideal to sell to them.

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____,while holding demand constant, results in an increase in the equilibrium price of the good, but a decrease in the equilibrium quantity of the good. Multiple choice question.

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The complete statement is "A decrease in the supply of a good, while holding demand constant, results in an increase in the equilibrium price of the good, but a decrease in the equilibrium quantity of the good. Multiple choice question.". This is further explained below.

What is the equilibrium price of the good,?

Generally, the equilibrium price of the good is simply defined as If supply and demand are equal, then the price at which the market clears is the equilibrium price of the commodity or service.

In conclusion, In this case, a downward trend is represented by an upward or leftward shift in the supply curve.

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a decrease in a supply of a good

This morning your manager asked you to complete a special task by this afternoon. While you are working on it, a customer asks you for help. If you stop to help them, you probably will not finish the task for your manager. What would you be MOST likely to do

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ill ask for help from another coworker- if there was no one else available to help them I would help the customer if I am in that field


i needed points

Savion is restoring a car and has already spent $4,000 on the restoration. He expects to be able to sell the car for $5800. Savion discovers that he needs to do an additional $2,400 of work to make the car worth $5,800 to potential buyers. He could also sell the car now, without completing the additional work, for $3,800. What should he do?.

Answers

Based on the selling price of the car and the cost to work on it, Savion should sell the car now for $3,800.

Why should Savion sell the car?

The profit if he works on the car is:

= Selling price - Addtional work cost

= 5,800 - 2,400

= $3,400

The profit from selling the car is $3,800 which is more than the profit if additional work is done of $3,400.

The $4,000 is irrelevant as it is a sunk cost.

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a. what happens to the number of sandwiches and ice cream cones consumed if the price of ice cream cones rises to $2 a piece?

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The number of sandwiches and ice cream cones consumed will reduce if the price of ice cream cones rises to $2 a piece

Why will the number of sandwiches and ice cream reduce?

The number of sandwiches and ice cream will decrease this is because according law of demand at a higher price the quantity demanded for the goods is reduced. People tend to buy more commodity when the price is reduced.

Therefore, The number of sandwiches and ice cream cones consumed will reduce if the price of ice cream cones rises to $2 a piece

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If the number of sandwiches and ice cream cones consumed if the price of ice cream cones rises to $2 a piece, income and substitution effects will take place.

What is income and substitution effects?

Income effect is the change in the consumption pattern of consumers based on their income at a particular time.

Substitution effects is the change which occurs when consumers replace expensive goods with cheap goods as a result of changes in price and income.

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If a point is reflected over the y-axis, then the coordinates of (x, y) are changed to ______________. Which absolute value function, when graphed, will be wider than the graph of the parent function, f(x) = |x|?f(x) = |x| + 3f(x) = |x 6|f(x) = |x|f(x) = 9|x| What is the value of x?A. 6B. 62C. 12D. 122 contraction of tomorrow isss A doctor prescribed a tablet to a patient suffering from iron deficiency. The tablet does not look like iron. Explain. he Red Sea is a body of water formed where the African and Arabian plates are separating from one another. This sea is an example of a landform created by __________ movement.A.lateral plateB.convergent plateC.divergent plateD.transform boundary the plastic region of the stress-strain curve for a metal is characterized by primary purpose of Japanese political economy of a nation (07.01) A bacteria culture begins with 4 bacteria which double in size every hour. How many bacteria exist in the culture after 8 hours? Which number produces a rational number when added to 1/2? l'articlelunnettespantalon professeurepaysplantesLivrerobeStylojournalhospitalanaigneecuisinehommescahierschienbouteillejupevoiturecrayontable The bagel data also reflect how much personal mood seems to affect honesty. Weather, for instance, is a major factor. Unseasonably pleasant weather inspires people to pay at a higher rate. Unseasonably cold weather, meanwhile, makes people cheat prolifically; so do heavy rain and wind. Worst are the holidays. The week of Christmas produces a 2 percent drop in payment ratesagain, a 15 percent increase in theft, an effect on the same magnitude, in reverse, as that of 9/11. Thanksgiving is nearly as bad; the week of Valentines Day is also lousy, as is the week straddling April 15. There are, however, a few good holidays: the weeks that include the Fourth of July, Labor Day, and Columbus Day. The difference in the two sets of holidays? The low-cheating holidays represent little more than an extra day off from work. The high-cheating holidays are fraught with miscellaneous anxieties and the high expectations of loved ones.Based on the excerpt, the conclusion that personal mood seems to affect honesty is best supported by which of the following statements?Relaxing summer and fall holidays generally cause payment rates to drop.Stressful fall and winter holidays generally cause payment rates to drop.Relaxing summer and fall holidays generally cause theft rates to increase.Stressful fall and winter holidays generally cause theft rates to remain steady. if the first term is -2 and the rule is multiply by 6 and then subtract 13 whats the 3rd term Read the excerpts from The Red Badge of Courage. In the first excerpt, Henry Fleming is fighting in his first battle. In the second excerpt, Henry is deserting his regiment.Excerpt 1:Perspiration streamed down the youths face, which was soiled like that of a weeping urchin. He frequently, with a nervous movement, wiped his eyes with his coat sleeve. His mouth was still a little ways open.He got the one glance at the foe-swarming field in front of him, and instantly ceased to debate the question of his piece being loaded. Before he was ready to beginbefore he had announced to himself that he was about to fighthe threw the obedient well-balanced rifle into position and fired a first wild shot. Directly he was working at his weapon like an automatic affair.Excerpt 2:To the youth it was an onslaught of redoubtable dragons. He became like the man who lost his legs at the approach of the red and green monster. He waited in a sort of a horrified, listening attitude. He seemed to shut his eyes and wait to be gobbled.A man near him who up to this time had been working feverishly at his rifle suddenly stopped and ran with howls. A lad whose face had borne an expression of exalted courage, the majesty of he who dares give his life, was, at an instant, smitten abject. He blanched like one who has come to the edge of a cliff at midnight and is suddenly made aware. There was a revelation. He, too, threw down his gun and fled. There was no shame in his face. He ran like a rabbit.Others began to scamper away through the smoke. The youth turned his head, shaken from his trance by this movement as if the regiment was leaving him behind. He saw the few fleeting forms.Which quotation shows the effect of Henrys changed perspective?Perspiration streamed down the youths face, which was soiled like that of a weeping urchin.. . . he threw the obedient well-balanced rifle into position and fired a first wild shot.He blanched like one who has come to the edge of a cliff at midnight and is suddenly made aware.The youth turned his head, shaken from his trance by this movement as if the regiment was leaving him behind. What complex number is represented by the polar coordinates (4, -pi/4) Jose paid $1.12 for a dozen eggs at his local grocery store. Determine the cost of 18 eggs. Which of the following actions would be an acceptable response by the Federal Reserve to an economic downturn?O Decrease the reserve requirementO Increase the reserve requirementRaise the discount rateSell government securities 6. Which of the following is a way of writing that stresses simplicity and clarify of expression?metaphorical writingPuritan Plain Styledramapoetry Which of the following are themes in the novel The Autobiography of an Ex-Colored Man ?Select all that apply.identitymasculinitydiversityprideracism How do you write a proof for this