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Dovator [93]
3 years ago
12

Suppose that the annual federal deficit is $350 billion. gross domestic product 'gdp', a measure of the size of the economy is $

14.5 trillion ($14,500 billion). calculate the ratio between the deficit and gdp as a percentage rounded to one decimal place:
Business
1 answer:
Luda [366]3 years ago
4 0

What we are looking for is the Debt-GDP ratio in percentage. In economics, the debt-to-GDP ratio is the ratio in the middle of a country's government debt (a cumulative amount) and its gross domestic product (GDP) that is measured in years.

Solution: This ratio is calculated as (350 / 14500) x 100 = 0.02414 x 100 = 2.4 (rounded to one decimal place). The deficit is 2.4% of GDP.

You might be interested in
If Congress and the president want to keep real GDP at its potential level in​ 2021, they should use an expansionary fiscal poli
Nataly_w [17]

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

4 0
3 years ago
Where do you find the 800 number for Amazon.com?
Bezzdna [24]
At www.800numbers.com
4 0
4 years ago
______________ specifies sales revenues and selling distribution and marketing costs.
frez [133]
To answer the question above as the which specifies the sales revenue and selling distribution and marketing costs is letter B, Sales budget. The answer lies in the question itself. Sales revenues,distribution and the marketing cost are all related to the sales budget. Sales budget controls the expenditure or resources related to sales.
3 0
3 years ago
A company has decided to discontinue a component of its business but, when the reporting period ends, the component has not yet
azamat

Answer: income from operations for the year and the amount by which the component’s fair value less cost to sell is less than book value

Explanation:

Discontinued operations is simply and accounting term which means the parts of the core business of a company that have either been shut down or divested.

With regards to the question, the amount that the company would report as income from discontinued operations would be the income or loss that was gotten from operations, that is revenues, the expenses, gains and the losses and the impairment loss.

Therefore, the correct answer will be option B "Income from operations for the year and the amount by which the components fair value less cost to sell is less than the book value".

5 0
3 years ago
Jones and Smith live in the same apartment building. Jones loves to play his opera recordings so loudly that Smith can hear them
vovikov84 [41]

Answer:

The correct answer is letter "A": Should be.

Explanation:

From the efficiency perspective, we shall consider the relationship between the benefits and the costs. If we subtract the cost from the benefits and the result is positive, we could say that it is convenient to continue with the activities of the operations being carried out.

In that case, Jones's benefits are (100) but his cost is Smith's damages (60). Then:

100 - 60 = (+)40;

which implies Jones <em>should be</em> allowed to play his opera music.

6 0
3 years ago
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