Which of the following is a positive economic statement? a. Too much government spending is the biggest problem facing the U. S. economy.
b. Creating jobs is the most serious problem facing the U. S. economy.
c. If taxes are over 50 percent of national income, job creation falls.
d. Raising taxes provides additional revenue that should be used to finance health care.

"jake’s roof repair has provided the following data concerning its costs: fixed cost per month cost per repair-hour wages and salaries $ 20,900 $ 15.00 parts and supplies $ 7.70 equipment depreciation $ 2,800 $ 0.35 truck operating expenses $ 5,720 $ 1.60 rent $ 4,690 administrative expenses $ 3,850 $ 0.50 for example, wages and salaries should be $20,900 plus $15.00 per repair-hour. the company expected to work 2,600 repair-hours in may, but actually worked 2,500 repair-hours. the company expects its sales to be $47.00 per repair-hour. required: compute the company’s activity variances for may."