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jarptica [38.1K]
2 years ago
5

8.1. In the article the author confirms that a reduction of the budget deficit is imperative. Briefly discuss the possible metho

ds of achieving this objective which are mentioned by the author as part of his thoughts. (3) 8.2. What is the main conclusion in terms of where to from hereby the author in this article? (3)​
Business
1 answer:
Veseljchak [2.6K]2 years ago
8 0

The method of achieving the reduction in the budget deficit is to simply reduce expenses and increase tax.

<h3>What is a budget deficit?</h3>

It should be noted that budget deficit simply means when the expenses is more than the revenue.

In this case, the method of achieving the reduction in the budget deficit is to simply reduce expenses and increase tax. This is needed to improve the budget.

Learn more about budget on:

brainly.com/question/6663636

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Microsoft and Intel are two companies that illustrate the concept of "bargaining power of suppliers" in Porter's five forces mod
Tasya [4]

Answer:

True

Explanation:

Intel is a major computer hardware supplier in the world, and its friend Microsoft buys hardware parts from them which it uses in manufacturing computers such as processor chips.

In respect to the bargaining power of suppliers in Porter's five forces model of industry competition, Intel acts as a supplier to Microsoft. And because of Intel's bargaining power like its market dominance and limited competitors, it can set prices which the–Microsoft has no choice but to purchase.

4 0
3 years ago
Why is it easier to quantify paid work done outside the home over unpaid housework and childcare?
diamong [38]
<span>It is easier to quantify paid work done outside the home over unpaid housework and childcare because traditional means of tracking economic activity, such as the gross domestic product (GDP) can be used. Housework on the other hand is not easily measurable because the traditional means of tracking economic activity  do not take account of non-exchange, non-market household activity. </span>
6 0
3 years ago
In the 1970s japan developed new technologies and achieved high productivity that resulted in
matrenka [14]

New innovation and technology resulted into new business and made Japan a developed countryI believe the closest possible answer to this question is that Japan's prolific inventions were an advantage to the country, in that, they were able to produce business and generate a more efficient system through science and technology.

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8 0
3 years ago
Read 2 more answers
Wexell Framing's cost formula for its supplies cost is $1,230 per month plus $10 per frame. For the month of October, the compan
Gnoma [55]

Answer:

The correct answer is $50 (unfavorable).

Explanation:

According to the scenario, computation of the given data are as follow:-

Planning supply activity cost = (592 × $10) +$1230

= $7,150  

Actual supply activity cost = (597 × $10) + $1230

= $7,200

We can calculate the activity variance for supply cost by using following formula:-

Activity variance for supplies cost = Actual activity cost – Planning activity cost  

= $7,200 - $7,150

= $50  ( positive shows unfavorable)

7 0
3 years ago
If the midwest experiences a severe drought that damages the corn crops, we should expect the:_________.
kozerog [31]

Answer:

B) The Supply of corn will decrease and the price of corn will rise.

Explanation:

Option B is correct because the drought has damaged the corn crops. Therefore, this will affect the supply of corn in the market. Moreover, the damage of corn crops will shift the supply curve leftwards and this shift in the supply curve will push the prices upwards. Thus, the damage of corn crops will increase the prices due to a decrease in its supply.

4 0
3 years ago
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