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
emmasim [6.3K]
3 years ago
14

If the government for the state of Washington collects $65.8 billion in tax revenues in 2013 and total spending in the same year

is $74.8 billion, the result will be:________.
A an increase in payroll tax.
B an increase in excise tax.
C a budget surplus.
D a budget deficit.
Business
1 answer:
MatroZZZ [7]3 years ago
8 0

Answer:

D a budget deficit.

Explanation:

A budget deficit is when government spending exceeds income from taxes.

The State of Washington spent a total of $74.8 billion and had a total income of $65.8 billion. Spending exceeds income from taxes by $9 billion. The State of Washington has a budget deficit.

A budget surplus is when income from taxes exceeds government spending.

I hope my answer helps you.

You might be interested in
Under what circumstance would agency conflict be most likely to increase? When owners are very close to the business. When owner
IRINA_888 [86]

Answer:

When owners are separated from the business

Explanation:

Agency conflict arises when ownership is separated from management and management have to take decision to maximize wealth of owner instead of themselves.

Hence when owners are separated from the business is the correct answer.

7 0
2 years ago
Suppose you want to realize a future value of $150,000 in 30 years on an investment you make. The average annual rate of return
tekilochka [14]

Answer:

PV= $12,111.93 = $12,112

Explanation:

Giving the following information:

Future Value (FV)= $150,000

Interest rate (i)= 8.75% = 0.0875

Number of periods (n)= 30

<u>To calculate the present value (PV), we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 150,000 / (1.0875^30)

PV= $12,111.93

4 0
2 years ago
Youngstown Rubber reports the following data for its first year of operation. Direct materials used $710,200 Direct Labor 350,00
ser-zykov [4K]

Answer:

$1,160,300

Explanation:

Total Manufacturing Costs are all costs related to the production of goods to be sold. This consists of direct costs such as labor and material and other indirect costs such as electricity and rentals.

<u>Calculation  of total manufacturing costs :</u>

Cost of goods manufactured         1,030,300

Add Closing Work In Process           130,000

Less Beginning Work In Process                 0

Total manufacturing costs            $1,160,300

6 0
3 years ago
I am conducting a survey as a project. I need ur help Which one you like 1. Ferrari 2. Lamborghini 3. Mclaren and why?? ( If you
Ne4ueva [31]

Answer:

Explanation:

Compared to the McLaren, the Lamborghini has less power, a heavier engine, and less active aerodynamic designs. This allows the Huracán Performante to be an excellent supercar with extreme sounds, feels, and the excitement of a Lamborghini, but in performance the McLaren is superior.

7 0
3 years ago
According to PMI, a project is __________. a. a performance or time target for each major group of activities in a project b. a
BARSIC [14]

Answer:

B. a temporary endeavor undertaken to create a unique product, service, or result reducing the time it takes to perform certain activities

Explanation:

According to PMI, a project is a temporary endeavor undertaken to create a unique product, service, or result." Unlike other business activities, a project has a clear starting point and ending point, after which the people and resources dedicated to the project are reassigned.  PMI is a project management association, which develops a standard for project, program, people, organization, etc. Also, they provide world- recognized certification.

5 0
3 years ago
Other questions:
  • he manufacturing overhead budget at Franklyn Corporation is based on budgeted direct labor-hours. The direct labor budget indica
    10·2 answers
  • The effective Fed Funds Rate is the_________.
    12·1 answer
  • Red Mountain, Inc. bonds have a face value of $1,000. The bonds carry a 7 percent coupon, pay interest semiannual, and mature in
    9·1 answer
  • In 2009, the worst recession in 80 years hit the United States, generally reducing household incomes. Despite this, profits and
    11·2 answers
  • Designer Dollhouses manufactures dollhouse kits that are meant to be assembled by customers. Each kit sells for $60 and has $12
    15·1 answer
  • 30-3. At the end of 2009 the relevant money-supply curve was the one labeled MS1. At the end of 2010 the relevant money-supply c
    5·1 answer
  • . Assume that the dollar-Euro exchange rate (E$/€) = 1.1, the U.S. interest rate is 4% and the Euro interest rate is 1%, and tha
    5·1 answer
  • Newton Corporation was organized on January 1, 20X7. On that date, it issued 200,000 shares of its $10 par value common stock at
    7·1 answer
  • Karina wants to retire early and spend her retirement in a foreign country. what are the most helpful examples of milestones for
    8·1 answer
  • What are three characteristics that affect decision making by a group?
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!