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BlackZzzverrR [31]
3 years ago
13

The mayor of your hometown has said she will request that the federal government extend a nearby interstate highway so that it p

asses by the city, stimulating economic growth. However, the federal government is reluctant to do this because it is currently running a budget deficit. If the interstate was extended at a cost of $35 million, what would be the impact of this outlay on the federal government’s budget?
Business
1 answer:
Ivan3 years ago
6 0

Answer:

  • an increase in discretionary spending and, if no other changes are made, an increase in the government's deficit
  • an increase in the government's debt

Explanation:

A budget deficit occurs when the federal government has more spending than it recites. That is, the government has many debts and can not raise enough money to pay these debts and maintain a good standard of living for citizens. The consequences of large budget deficits cause great damage to the country, especially for people with lower incomes. For this reason, it is necessary that in a deficit situation, the government reduced spending.

This is not the case with the government shown in the question above. Even in a budget deficit situation, the government wants to extend an interstate highway that will cost $ 35 million. The result of this will be:

  • an increase in discretionary spending and, if no other changes are made, an increase in the government's deficit
  • an increase in the government's debt

Discretionary expenses are those expenses for which the government has some degree of decision.

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Maricopa's Success scholarship fund receives a gift of $ 165000. The money is invested in stocks, bonds, and CDs. CDs pay 5.75 %
Sergio [31]

Answer:

$ 65,000 were invested in stocks, $ 70,000 were invested in bonds, and $ 30,000 were invested in CDs.

Explanation:

Since Maricopa's Success scholarship fund receives a gift of $ 165000, and the money is invested in stocks, bonds, and CDs, and CDs pay 5.75% interest, bonds pay 5% interest, and stocks pay 6.8% interest, and Maricopa Success invests $ 40000 more in bonds than in CDs, if the annual income from the investments is $ 9645, to determine how much was invested in each account, the following calculation must be performed:

95,000 x 0.068 + 55,000 x 0.05 + 15,000 x 0.0575 = 10,072.5

75,000 x 0.068 + 65,000 x 0.05 + 25,000 x 0.0575 = 9,787.5

70,000 x 0.068 + 67,500 x 0.05 + 27,500 x 0.0575 = 9,716.25

65,000 x 0.068 + 70,000 x 0.05 + 30,000 x 0.0575 = 9,645

Therefore, $ 65,000 were invested in stocks, $ 70,000 were invested in bonds, and $ 30,000 were invested in CDs.

4 0
2 years ago
The Gourmand Cooking School runs short cooking courses at its small campus. Management has identified two cost drivers it uses i
o-na [289]

Answer:

From the attached excel file, we havee:

Revenue and spending income from operations variance = $4,566 Favorable

Activity income from operations variance = -$5,860 Unfavorable

Explanation:

Note: See part a of the attached excel file for the flexible budget performance report that shows both revenue and spending variances and activity variances for September.

Also Note: See parts b and c of the attached excel file for the calculations of revenue and spending variances and activity variances respectively for September.

Download xlsx
8 0
2 years ago
The law recognizes each​ person's right to live his or her life without being subjected to unwarranted and undesired publicity.
Margarita [4]

Answer:

Privacy

Explanation:

The law gives right to every person to their own privacy i.e. for one to live without being subjected to unwarranted and undesired publicity. The right to privacy actively deals with issue surrounding the personal matters of an individual and the right for them to be let alone.

A violation of this right is called the tort of invasion of the right to privacy. The tort of invasion of the right to privacy occurs when an individual sues another person who he/she believes has trespassed on his right to privacy. This trespass might come in form of disclose of their private information, or using the person`s name and associated things for another person`s gain without their consent.

4 0
3 years ago
What do borrowers use to secure a mortgage loan?
mylen [45]

Answer:

A. and B.

Explanation:

mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.

6 0
3 years ago
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One of the best ways to prevent workplace violence is to recognize the warning signs
AVprozaik [17]

The attitude toward each other.


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