1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anvisha [2.4K]
2 years ago
9

Meeting the spending targets in this budget meant some very difficult choices. —president barack obama, 2012 budget message of t

he president what does it mean to make "difficult choices" when creating a federal budget? deciding how to keep interest rates on the national debt low deciding which country to borrow from to finance spending deciding how much to lend and how much to tax deciding what will be funded and what will be cut
Business
1 answer:
Ostrovityanka [42]2 years ago
5 0

The meaning of making "difficult choices" when creating a federal budget is: D. deciding what will be funded and what will be cut.

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

A federal budget refers to a financial plan that is typically used by the government for the estimation of the revenue (taxation) and expenditures (spending) of a country over a specified period of time, which is often one year.

This ultimately implies that, making "difficult choices" when creating a federal budget simply means to decide what will be funded by the government and what will be cut from the budget.

Read more on budget here: brainly.com/question/13964173

#SPJ4

You might be interested in
How can the Early Modern English expression "unfold yourself" be paraphrased to better understand its meaning? put your arms up
Bond [772]

The way the Early Modern English expression <em>"unfold yourself" </em>can be <em>paraphrased</em> to better understand its meaning is:

  • By explaining the context in which it was used and how it means that a person should reveal himself.

This Early Modern English expression is used in the <em>play Hamlet by Shakespeare</em> where a character was wearing a cape and was <em>asked to "unfold himself"</em> which meant to reveal himself.

This is important to note that while this was the <em>original context </em>in which the phrase "unfold yourself" was used, it <em>can also be used</em> to tell a person to be more elaborate about something but evidently means that a person should remove his cape.

With this in mind, this can be paraphrased in this sense:

  • Andrew, unfold yourself, I need to see who I am speaking to.

Therefore, the correct answer is Remove your cape, option C.

Read more about English expressions here:

https://brainly.in/question/11369930

3 0
2 years ago
Read 2 more answers
A company has net income of $ 225,000 and declares and pays dividends in the amount of $ 75,000 . What is the net impact on reta
egoroff_w [7]

A company has net income of $ 225,000 and declares and pays dividends in the amount of $ 75,000 .

c. An increase of $ 150,000 is the net impact on retained earnings is the correct option.

Income is the consumption and savings opportunity that a business captures within a specific time frame, usually expressed in money. Income is difficult to define conceptually and definitions vary by region.

For most people, income means gross income in the form of wages and salaries, return on investment, pension payments, and other income.

The definition of income is the amount of money received by an individual, group or business during a specified period. An example of income is an annual salary of $70,000.

Learn more about income here:brainly.com/question/25745683
#SPJ4

7 0
2 years ago
You plan to borrow $40,000 at a 6% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year pay
STALIN [3.7K]

Answer:

Interest for second year $2,114.08

Explanation:

given data

loan Amount = $40,000.00  

Interest rate r = 6.00%  

time period t = 7  

solution

we get here first Equal Monthly Payment EMI that is express as

EMI = \frac{P \times r \times (1+r)^t}{(1+r)^t-1}      ................1

here P is Loan Amount and r is rate and t is time period  

put here value and we get  

EMI = \frac{40000 \times 0.06 \times (1+0.06)^7}{(1+0.06)^7-1}    

EMI = $7165.40  

now

we get here interest for second year that is

Closing balance at year 1 = opening balance + Interest - EMI Payment

Closing balance at year 1 =  $40,000  + $2400 - $7165.40  

Closing balance at year 1 =   $35234.60

so Interest for second year $2,114.08

8 0
4 years ago
iRobot Company is analyzing two machines to determine which one it should purchase. Whichever machine is purchased will be repla
zimovet [89]

Answer:

Machine A should be purchased because it has a lower equivalent annual cost . Hence, it is cheaper.

Explanation:

Equivalent Annual cost is the Present Value of the total cost over the investment period divided by the appropriate annuity factor.

Step 1 : Equivalent Annual cost of Machine A

PV of cash flows

PV of purchase cost = 487,000

PV of annual operating  cost of $29,000

= 29,000× (1-(1+0.14)^(-6))/0.14

= 112,771.35

Total PV = 487,000 + 112,771.35= 599,771.35

Equivalent annual cost = 599,771.35 /3.889

Equivalent annual cost =  154,235.70

Step 2: Equivalent Annual cost of Machine B

PV of purchase cost = 315,000

PV of annual operating  cost of $51,200

= 51,200× (1-(1+0.14)^(-4))/0.14

= 149,182.07

Total PV = 315,000+ 149,182.07

=  464,182.07  

Equivalent annual cost =  464,182.07/2.9137

Equivalent annual cost =   159,309.51

Step 3: Compare equivalent Annual cost

Comparing the two equivalent costs, we conclude that Machine A should be purchased because it has a lower equivalent annual cost and therefore it is cheaper.

8 0
3 years ago
If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will _________ the quantity demand
UkoKoshka [18]

If the price elasticity of demand for a product is -2.5, then a price cut from $2.00 to $1.80 will <u>increase </u>the quantity demanded by about  <u>2.5%</u>.

Price elasticity of call for is a measurement of the trade in the intake of a product on the subject of exchange in its price. Expressed mathematically, it's miles: charge Elasticity of demand = percent trade-in quantity Demanded / percentage trade-in rate.

we are saying a great is price elastic whilst growth in prices causes a bigger % fall in demand. e.g. if fee rises 20% and demand falls 50%, the PED = -2.five. Examples consist of Heinz soup.

Learn more about Price elasticity here: brainly.com/question/24384825

#SPJ4

6 0
2 years ago
Other questions:
  • "A customer has an existing margin account and wants to write five covered calls against 500 shares of stock in the account. The
    6·1 answer
  • What is included in a corporate identity package?
    5·1 answer
  • Accounts receivable $ 28,500 Long-term notes payable $ 23,000 Accounts payable 16,200 Office supplies 4,000 Buildings 51,000 Pre
    6·1 answer
  • The set of business activities that add value to the end product is referred to as a​ _______.
    12·1 answer
  • An alternative to CFL bulbs and incandescent bulbs are light-emitting diode (LED) bulbs. A 100 W incandescent bulb can be replac
    8·1 answer
  • When customers ask merchants to deliver articles to homes with no mention of payment, the buyers imply that they will pay the ma
    8·1 answer
  • National income accounting is​ ____________. A. used by international organizations such as the World Bank to determine individu
    9·1 answer
  • Given the following production plan, use a chase production strategy to compute the monthly production, ending inventory/(backlo
    14·1 answer
  • Which of the following statements best characterizes the bottom line of security for e-commerce?
    14·1 answer
  • If a scholar associates continued economic challenges in Africa as an outcome of previous European colonialism, to which theoret
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!