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Arisa [49]
3 years ago
13

. At the beginning of 2009, a government had a total debt of $540 billion dollars. It ended 2009 with a $6 billion dollar budget

surplus. In 2010, its budget surplus reached $8 billion dollars. What is the total debt of the government equal to at the end of 2010?
Business
2 answers:
umka21 [38]3 years ago
8 0

Answer:

$526 billion

Explanation:

If at the beginning of 2009, a government had a total debt of $540 billion dollars, and it ended 2009 with a $6 billion dollar budget surplus; then in 2010, its budget surplus reached $8 billion dollars. Then the level of total debt would be decreased because:

When a country runs a budget surplus it has a positive effect of reducing the government total debt level of the country.

Hence, the level of government debt will drop from $540 billion from the beginning of 2009 to $526 billion ($540 - $6 - $8) in 2010

Nata [24]3 years ago
5 0

Answer:

Explanation:

In 2009:

Total debt, Tc = $540 billion Budget surplus $6 billion

In 2010:

Budget surplus = $8 billion

Total debt at the end of 2010 = Total debt in 2009 - budget surplus in 2009 - budget surplus in 2010

= $540 billion - $6 billion - $8 billion

= $526 billion

Total debt at the end of 2010 = $526 billion

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Which of the following best explains why online retail companies have an
tekilochka [14]

Answer is D.

Explanation: They have a larger number of potential customers because people anywhere can buy from them.

5 0
3 years ago
Umbridge Purses Unlimited sells purses with a sales price of $35 each. Each purse costs the company $20 to produce, and the stor
aivan3 [116]

Answer:

Break-even point in units= 20,000 units

Explanation:

Giving the following information:

Selling price= $35

Unitary variable cost= $20 t

Total fixed cost= $300,000

<u>To calculate the break-even point in units, we need to use the following formula:</u>

<u></u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 300,000/ (35 - 20)

Break-even point in units= 20,000 units

3 0
3 years ago
Mr. Brown is in the 10 percent federal income tax bracket and wants to invest $10,000 in interest-earning assets. Mr. Black is i
snow_lady [41]

Based on the information given, the corporate bond will be recommended for Mr. Brown while the municipal bond will be recommended for Mr Black.

<u>Mr Brown:</u>

The after-yield tax on corporate bonds will be:

= Before tax yield × (1 - tax rate)

= 4% × (1 - 0.10)

= 3.60%

After tax yield on municipal bond will be:

= 3.5% × 1 = 3.5%

The corporate bond is recommended.

For <u>Mr. Black</u>

The after-yield tax on corporate bonds will be:

= 4% × (1 - 0.35)

= 2.60%

The after-yield tax on municipal bonds will be:

= 3.5% × 1

= 3.5%

Therefore, the municipal bond is recommended.

Red related link on:

brainly.com/question/25379770

5 0
2 years ago
Jennifer gets 5 utils from consuming her first slice of pizza, 4 utils from the second slice, 3 utils from the third, etc. Each
nata0808 [166]

Answer:

The maximum utility is 16 utils

Explanation:

To maximize the utility we must choose the items that gave most utils.  

Each item cost $1 and we have $4 to spend.  

1 slice of pizza: 5 utils

2 slice of pizza: 4 utils

3 slice of pizza: 3 utils

1 soda:  4 utils

2 soda:  3 utils

3 soda: 2 utils

If we display them in a decrease order and we choose  the first four rows.

1 slice of pizza: 5 utils (1 dollar)

2 slice of pizza: 4 utils  (1 dollar)

1 soda:  4 utils (1 dollar)

3 slice of pizza: 3 utils  (1 dollar)

2 soda:  3 utils

3 soda: 2 utils

Highlighted are the ones we must get to get the maximum utility.

The maximum utility is 5 utils +4 utils+4 utils+3 utils= 16 utils

6 0
2 years ago
Price inflation:_______.
expeople1 [14]

Answer:

c. courages investment by increasing the uncertainty about future returns

Explanation:

Inflation refers to the increase in the price level of the goods

The price inflation reflects that there is a rise in the price of the goods and services over a particular period of time lets say for one year. It can arise when the raw material cost during the process of production increased that push the price in upward

It also increased the uncertainty with respect to the future returns through investment

Hence, the correct option is c.

5 0
3 years ago
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