2 years ago

A major problem with the implementation of an annually balanced budget is that it?

1 answer:

3 0

Answer:

A major problem with the implementation of an annually balanced budget is that it magnifies the fluctuations in the business cycle.

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When demand is unit elastic, price elasticity of demand equals a. 1, and total revenue and price move in the same direction. b.

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a. 1, and total revenue and price move in the same direction

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Unit elasticity of demand is when a change in price leads to a proportional change in quantity demanded.

A good has a unit elastic demand when its coefficient of elasticity is equal to one.

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If price falls by 20%, quantity demanded increases by 20%.

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Doing a budget makes ____________________________ less likely.

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The answer is put is bankruptcy if there aren't any choices

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The City of Fairfield issued $100 million of 20-year, 6 percent coupon bonds (3 percent per semiannual period) for $89.32 millio

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The answer and procedures of the exercise are attached in the following archives.

Explanation

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

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3 years ago