Suppose the federal government cuts taxes and increases spending, raising the budget deficit to 11 percent of GDP. If nominal GDP is rising 4 percent per year, such budget deficits sustainable forever. True or False: If budget deficits of this size are maintained for 20 years, future generations will likely pay roughly equal taxes. True False

Which type of data does your company collect from customers or potential customers? a. positioning datab. market share datac. primary datad. secondary data select the best answer from the choices provided

After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.

What two elements normally must exist before a person can be held liable for a crime