subject
Business, 20.03.2020 10:08 clarissa2006

Answer the next question using the following budget information for a hypothetical economy. All data are in billions of dollars.

Government Spending Tax Revenues GDP
Year 1 $800 $825 $4,000
Year 2 850 850 4,200
Year 3 900 875 4,350
Year 4 950 900 4,500
Year 5 1,000 925 4,600

In which year is there a balanced budget was deficit $75 billion?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:00
Gibson's bodywork does automotive collision work. an insurance agency has determined that the standard time to replace a fender is 2.5 hours (i.e., "standard output" 0.4
Answers: 2
question
Business, 21.06.2019 21:30
What are the main advantages and disadvantages of organizing a firm as a c corporation? the advantages are: (select all the choices that apply.) a. there is no limit on the number of owners a c corporation may have, thus allowing the corporation to raise substantial amounts of capital. b. the life of the business can continue beyond the death of any of the owners. c. the corporation can use the assets of the owners to pay for corporate liabilities. this attracts smaller investors to the corporation. d. the liability of the owners is limited to the amount of their investment in the firm. the disadvantages are: (select all the choices that apply.) a. income to a c corporation is subject to double taxation, once at the corporate level and again when received by the owners in the form of a dividend. b. the life of the business usually ends with the death of any of the owners. c. the c corporation is more complicated and more expensive to set up than other business entities. d. corporate liabilities can be passed on to the share
Answers: 1
question
Business, 21.06.2019 23:00
The company financial officer was interested in the average cost of pcs that had been purchased in the past six months. she took a random sample of the price of 10 computers, with the following results. $3,250, $1,127, $2,995, $3,250, $3,445, $3,449, $1,482, $6,120, $3,009, $4,000 what is the iqr?
Answers: 2
question
Business, 22.06.2019 06:00
When an interest-bearing note comes due and is uncollectible, the journal entry includes debitingaccounts receivable and crediting notes receivable and interest revenue.accounts receivable and crediting interest revenue.notes receivable and crediting accounts receivable and interest revenue.notes receivable and crediting accounts receivable.
Answers: 3
You know the right answer?
Answer the next question using the following budget information for a hypothetical economy. All data...
Questions
Questions on the website: 13722363