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
Levart [38]
3 years ago
7

Suppose that the office of management and budget provides the accompanying estimates of federal budget​ receipts, federal budget

​ spending, and​ gdp, all expressed in billions of dollars. calculate the implied estimates of the federal budget deficit as a percentage of gdp for each year. ​(enter each response as a percentage rounded to one decimal place. do not include a plus or minus​ sign.)
Business
1 answer:
spin [16.1K]3 years ago
4 0
We need to <span>provide the accompanying estimates of federal budget​ receipts, federal budget​ spending, and​ gdp, all expressed in billions of dollars</span>.
You might be interested in
make a logo for me with the name voice notes it’s a note book that writes when u speak best one gets brainliest
EleoNora [17]

heyyy!    hru? Im super bored

8 0
3 years ago
Jacques lives in San Diego and runs a business that sells boats. In an average year, he receives $728,000 from selling boats. Of
Gwar [14]

Answer:

1. <u>implicit cost</u>

2.<u> explicit cost</u>

3. <u>implicit cost</u>

4. <u>explicit cost</u>

Explanation:

Implicit costs refer to those costs that represent opportunity cost. In simple terms they are notional or those which haven't been actually incurred but considered.

Opportunity costs refer to the cost of sacrificed alternatives when an alternative is opted for. For instance, a student pursuing post graduation incurs implicit cost in the form of income foregone had he chosen to work instead for the same duration.

In the given case, the foregone rental income Jacques would've earned had he chosen to rent out his showroom represents opportunity cost or implicit cost.

Similarly, the salary Jacques sacrificed by working in boat business represents implicit cost.

The wages and utility bills that Jacques pays and wholesale cost which he pays represent costs which have actually been incurred, which are termed as explicit costs.

6 0
3 years ago
Which of the following is an example of irregular income? a) A full-time job b) A part-time job c) A graduation gift d) Both b a
alexandr402 [8]
Which of the following is an example of irregular income?
A. A full-time job
B. A part-time job
C. A graduation gift
D. Both b and c

The answer is C
8 0
3 years ago
Read 2 more answers
A the production possibilities frontier (PPF) is bowed outward as a result of:_________
vodomira [7]

Answer: 2) increasing opportunity costs.

Explanation:

The Production Possibilities frontier is bowed out as it shows that for one more unit of a good to be produced, an additional unit of the other good must be given up.

This represents increasing opportunity costs because opportunity cost is the cost we incur for choosing one alternative over another. By producing more and more of one good, we give up more and more of the other good which means that our opportunity cost rises.

8 0
3 years ago
A publicist's compensation package includes the total cost of a $180-per-
natima [27]

Answer:

D. $44,580

Explanation:

Here we want to find the yearly value of the compensation package.

To order to do so, we have to add the various terms. We have:

t_1=\$42,000 salary per year

Then we have the total cost of a $180-per- month health insurance plan; since there are 12 months in a year, it is

t_2=12\cdot \$180 =\$2160 per year

Then we have the total cost of a $35-per-month life insurance, so the yearly cost is

t_3=12\cdot \$35 =\$420

Therefore, the total compensation package is

T=t_1+t_2+t_3=42000+2160+420=\$44,580

So, option D.

7 0
3 years ago
Other questions:
  • Ratio Calculations Assume the following relationships for the Caulder Corp.: Sales/Total assets 2.2x Return on assets (ROA) 5% R
    8·1 answer
  • Dawnie deposited $350 in a savings account earning 2% interest over 3 years.
    9·2 answers
  • The English publisher of a book called Cambridge gave a New York publisher permission to sell that book any place in the world e
    8·1 answer
  • Pinterest has gained a reputation for being among the most negative of social media platforms.
    9·2 answers
  • The baldwin company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. the exp
    11·2 answers
  • Imagine that you are a parent with young children. You want to get
    12·1 answer
  • A developer would most likely obtain which of the following types of mortgage on a new subdivision?
    11·1 answer
  • Meredith wants to start her own small business. All of the following are things she needs to do to start a business EXCEPT:
    12·1 answer
  • Luther is a successful logistical services firm that currently has $5 billion in cash. Luther has decided to use this cash to re
    10·1 answer
  • In preparing a statement of cash flows under the indirect method, a decrease in accounts receivable would be reported as a(n): M
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!