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Simora [160]
3 years ago
10

Econo Nation started 2013 with no national budget debt or surplus. By the end of 2013, it had a budget surplus of $286 million;

in 2014, it had a budget deficit of $425 million; in 2015, it had a budget surplus of $100 million, and the amount of its budget deficit or surplus in 2016 is unknown. If at the end of 2016, Econo Nation’s national debt totaled $52 million, determine the deficit or surplus in 2016. Instructions: Enter your answer as a whole number and include a negative sign if there is a deficit. Period Deficit (-) or surplus (+) Debt Beginning of 2013 $0 End of 2013 $286 million 2014 -$425 million 2015 $100 million End of 2016 million $52 million
Business
1 answer:
Arlecino [84]3 years ago
3 0

Answer:

-$13 million

Explanation:

Given that,

Budget surplus by the end of 2013 = $286 million

Budget deficit in 2014 = $425 million

Budget surplus in 2015 = $100 million

Budget deficit or surplus in 2016 is unknown.

National debt at the end of 2016 = $52 million

National Budget surplus/ deficit at the end of year 2015:

= Budget balance of 2013 + Budget balance of 2014 + Budget balance of 2015

= $286 million + (-$425 million) + $100 million

= -$39 million

So the government will fund this deficit by taking debt of $39 million.

National debt at the end of 2016 = Total debt till 2015 + Surplus/deficit for year 2016

-$52 million = (-$39 million) + Surplus/deficit for year 2016

- $52 million + $39 million = Surplus/deficit for year 2016

-$13 million = Surplus/deficit for year 2016

This is budget deficit of $13 million because debt increased by 13 million in 2016.

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Korolek [52]

Answer:

<em>A. autoworker who is temporarily laid off from an automobile company because of a decline in sales. </em>

Explanation:

Cyclical unemployment is <em>unemployment that occurs when full employment can not be met by the aggregate demand for goods and services in an economy.</em>

This takes place during times of decreased economic growth or times of economic slowdown.

Cyclical unemployment is directly linked to the degree of macroeconomic behavior, which is the combined or collective activity of all economically involved individuals and entities.

Instead of linear, this overall trend is cyclical-economic activity tends to increase and fall rather than always rising or falling.

7 0
3 years ago
Activities in the business modeling discipline and the ____ discipline are primarily concerned with building models of the organ
Oxana [17]

Answer:

The correct answer is Requirements.

Explanation:

The purpose of the requirements discipline is:  

Establish and maintain an agreement with customers and other stakeholders about what the system should do.

Provide system developers with a good understanding of system requirements. Define the limits of the system (delimit it).

Provide a basis for planning the technical content of the iterations.

Provide a basis for estimating the cost and time to develop the system.

Define a user interface for the system, focusing on the needs and goals of the users.

To achieve these objectives, it is important, first of all, to understand the definition and scope of the problem that the system is trying to solve. Stakeholders are identified and stakeholder requests are obtained, gathered and analyzed.

From there, the work products of the requirements are developed to fully describe the system (what the system is going to do) in an effort that perceives all stakeholders, including customers and potential users, as important sources of information ( in addition to the system requirements).

3 0
3 years ago
Assume the lunch plate industry in Oahu, a perfectly competitive industry, is in long-run equilibrium with a market price of $5.
Wewaii [24]

Answer:

Explanation:

The lunch plate industry in Oahu is a perfectly competitive industry.  

This industry is also a decreasing cost industry. A decreasing cost industry can be defined as the type of industry where an increase in the number of firms in the industry causes the average production cost to decline.  

The industry is currently in long-run equilibrium and has the price level at $5.

As the demand increases, the price level will initially increase. But this increase in the price will cause the profits to increase and thus attract potential firms to join the market.  

As the number of firms increases the average cost of production will decrease. As a result, the supply in the market will increase more than the demand.  

So the long-run equilibrium will be reestablished at a lower price than earlier.

7 0
2 years ago
A team of people is giving a presentation to a client. One member says to a coworker, open double quote"I can't believe we've fi
Alexxandr [17]

Answer:

Letter C is correct. <u>Adjourning.</u>

Explanation:

The stage of adjourning t is characterized by the final stage of project development. When this is over the team disperses, so at this stage there is often a sense of loss by team members, who have formed bonds of rapprochement and friendship throughout the development of the project and at the end of the experience develop a sense of loss.

7 0
3 years ago
The owner of an Italian restaurant has just been notified by her landlord that the monthly lease on the building in which the re
almond37 [142]

Answer:

b. No - the increase in lease expense is a fixed cost.

Explanation:

If the owner of Italian restaurant increases the prices of its product it will result in low customers as the restaurant is already at the competitive price among its other competitors. If the restaurant raises prices the customers will move to the competitors which are offering same quality product at reduced price. The rent is increased by 20% which is considered as a fixed cost because it does not affect the per unit production and is not associated with the numbers of customers.

6 0
2 years ago
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