Business, 05.10.2019 04:10 SydneyFrank
Last year, while an economy was in a recession, government spending was $595 billion and government revenue was $505 billion. economists estimate that if the economy had been at its full-employment level of gdp last year, government spending would have been $555 billion and government revenue would have been $550 billion. which of the following statements about this government’s fiscal situation are true? lo3 a. the government has a non–cyclically adjusted budget deficit of $595 billion. b. the government has a non–cyclically adjusted budget deficit of $90 billion. c. the government has a non–cyclically adjusted budget surplus of $90 billion. d. the government has a cyclically adjusted budget deficit of $555 billion. e. the government has a cyclically adjusted budget deficit of $5 billion. f. the government has a cyclically adjusted budget surplus of $5 billion
Answers: 1
Business, 22.06.2019 16:30
Why is investing in a mutual fund less risky than investing in a particular company’s stock?
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Business, 22.06.2019 20:10
Given the following information, calculate the savings ratio: liabilities = $25,000 liquid assets = $5,000 monthly credit payments = $800 monthly savings = $760 net worth = $75,000 current liabilities = $2,000 take-home pay = $2,300 gross income = $3,500 monthly expenses = $2,050 multiple choice 2.40% 3.06% 34.78% 33.79% 21.71%
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Business, 22.06.2019 21:40
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Business, 23.06.2019 00:40
The recognition of which of the following expenses exemplifies the application of matching expenses with the revenues they produced? multiple choice(a) cost of goods sold. (b) advertising.(c) president's salary.(d) research and development.
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Last year, while an economy was in a recession, government spending was $595 billion and government...
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