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
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

You might be interested in
Which financial leverage ratio is used with two other ratios to mathematically produce the return on equity ratio?
ipn [44]

Answer: c. Total Assets/ Equity

Explanation:

To measure the Return on Equity with 3 ratios, the <em>DuPont Analysis</em> can be used. This is a technique of deconstructing the Return on Equity ratio into various constituent ratios so that their effect on Return on Equity is better know.

The basic DuPont Analysis is;

Return on Equity = \frac{Net Income}{Revenue} * \frac{Sales}{Total Assets}  * \frac{Total Assets}{Equity}

Total Assets/ Equity or the Assets to Shareholder Equity ratio is the answer.

5 0
3 years ago
What is opportunity cost?
Sliva [168]
The answer would be B
8 0
2 years ago
Define term total utility and marginal utility​
elena-14-01-66 [18.8K]
Term total utility: The utility is the satisfaction that an individual derives from consuming a good or service. Similarly, total utility is the total satisfaction received from consuming a given total quantity of a good or service.

Marginal utility: Marginal utility is the added satisfaction a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase. ... Marginal utility can be positive, zero, or negative.
7 0
3 years ago
Read 2 more answers
Seaworthy Designs manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled
VARVARA [1.3K]

Answer:

$76,000

Explanation:

If we are going to prepare a flexible budget we need to calculate how much Seaworthy should have spent in labor costs in order to produce 2,000 units:

labor cost = 2 hours per unit x $19 per hour x 2,000 units = $76,000

If we compare the flexible budget to Seaworthy's actual costs, we will find an unfavorable variance of $250,000 (=$326,000 - $76,000). Obviously something went wrong with Seaworthy's production.

3 0
3 years ago
When you choose, you are never accountable for the resources used and paths selected?
labwork [276]
If the question is trying to ask whether it is true or false, the answer is false. It is because whatever you chose or the decisions you make, there is always a cause, or things affecting your decision in which you will be held accountable for such as the statement above implies, you are accountable of resources and such when you choose.
7 0
3 years ago
Other questions:
  • Give an example of one good or service produced in the United States using the command model. Justify your example using content
    14·1 answer
  • A certain person goes for a run each morning. when he leaves the house for his run, he is equally likely to go out either the fr
    12·1 answer
  • Fresh Baked Goods has 36,800 shares of stock outstanding at a market price of $24.91 per share. What will be the price per share
    7·1 answer
  • Suppose the following data were taken from the 2017 and 2016 financial statements of American Eagle Outfitters. (All numbers, in
    6·1 answer
  • A _____ tour is one in which a tour representative only meets with the tour travelers when they need to see him or her. Hybrid s
    10·2 answers
  • On November 21, 2021, a fire at Hodge Company's warehouse caused severe damage to its entire inventory of Product Tex. Hodge est
    8·1 answer
  • What is Sharpie's target market?
    11·1 answer
  • You write one JNJ February 70 put for a premium of $5. Ignoring transactions costs, what is the break-even price of this positio
    11·1 answer
  • Sunland Company makes an investment today (January 1, 2020). They will receive $77000 every December 31st for the next six years
    12·1 answer
  • Ruth Lewis is looking to invest in a three-year bond that makes semi-annual coupon payments at a rate of 5.825 percent. If these
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!