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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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Answer:

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Explanation:

Computation table for budgeted cost of goods sold

<u>Particular                                          Amount </u>

Total Sales                                 225,000

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A Swedish tour guide has devised a clever way for his clients to recognize him. He owns 13 pairs of shoes of the same style, cus
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Answer:

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Complete question: Under The Statements On Standards For Tax Services, A CPA May Recommend A Tax Return Position If The Position Is Frivolous And The Position Is Not Disclosed On The Tax Return. True Or False? This problem has been solved! See the answer Under the Statements on Standards for Tax Services, a CPA may recommend a tax return position if the position is frivolous and the position is not disclosed on the tax return. True or False?

To know more about taxpayer visit:
brainly.com/question/14782474
#SPJ4

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