There seems to be an error in your question. Budget deficit is when the government spending exceeds its revenue, yet your question makes no mention of expenses. However, it seems to be referring to something we call the "negative output gap", where actual output is lower than potential output. If this is the case, then the output gap is $100. (I suspect you omitted the million as no country, not even fictional, only produces $500.)
Answer:
=$854,000
Explanation:
The cost of goods sold is the expense incurred by a manufacturing firm when making goods to be sold to customers. It is calculated using the formula.
Cost of goods sold = Beginning Stock plus purchases/ cost of goods manufactured minus ending stock
Marigold Corp:
Beginning stock: $162,000
Ending stock: $174,000
cost of goods manufactured, $866000;
cost of goods sold =
$162,000 + 866,000 -$174,000
=$854,000
Crispin Mattresses doing business in Florida is known as a Domestic corporation.
<h3>What is Domestic corporation?</h3>
A domestic corporation is a business that operate its business transactions within a country. A domestic corporation would typically conducts its affairs in its home country.
An example is if a company is formed in a particular state, the business is a domestic corporation in that state. However, the state where the business is incorporated is a foreign business in any other state.
Hence, Crispin Mattresses doing business in Florida is known as a Domestic corporation.
Learn more about Domestic corporation here: brainly.com/question/913870
Answer:
a) increasing government spending or cutting taxes
Explanation:
Fiscal polices are polices enacted by the government to achieve certain macroeconomic objectives. There are two types of fiscal policies:
1. Expansionary fiscal policy: These are government policies which involves increasing government spending or cutting taxes. Decreasing taxes increases disposable income and increases consumption spending.
Increasing government spending increases money supply which increases consumption spending.
2. Contractionary fiscal policy: These are government policies which involves decreasing government spending or increasing taxes.
Monetary policy are policies enacted by the Central bank to achieve certain macroeconomic objectives.
I hope my answer helps you
Hey I don't see a picture or anything can you please post the picture
