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
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.

You might be interested in
"Many forms of online communication, such as e-mails, tweets, and the content of Web pages, requires short-form, concise writing
STatiana [176]

Explanation:

The advertising strategy before the internet was carried out on platforms such as radio, television and newspapers, which were the media that people most had access to. Currently, the internet is the main platform for advertising and interaction between companies and consumers. This is due to the ease and speed with which the flow of the internet happens, the messages are seen almost instantly and available in the palm of the hand, available from a smarthphone.

However, despite the ease of implementing marketing through social media, it is necessary for companies to adopt an advertising engagement strategy, the narrative must be summarized and contain essential traits that convey who the company is and what it wants to pass on to consumers , generating value and direct communication, making the message different and striking in a medium where there is different information every second.

4 0
3 years ago
Strait Co. manufactures office furniture. During the most productive month of the year, 3,300 desks were manufactured at a total
Elza [17]

Answer:

Using the high-low method of cost estimation, total fixed costs are $47,020  

Explanation:

Cost at highest level of activity = $82,000.00

Cost at Lowest level of activity = $59,000.00

Highest level of activity = 3,300

Lowest Level of activity = 1,130

Variable cost per unit = $(82,000 - 59,000) ÷ (3,300 -1,130)  

Variable cost per unit = $23,000 ÷ 2,170  

Variable cost per unit = $10.60  

Fixed Costs = $82,000 - (3,300 × 10.60)  

Fixed Costs = $47,020  

6 0
3 years ago
Help!
natali 33 [55]

Answer:

B) Pay bills when they are due.

Explanation:

A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.

Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.

A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.

This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.

Generally, it's recommended that loans or bills are paid on a timely basis or as at when due in order to obtain a good credit score.

Hence, a way to establish a good credit record (score) is to pay bills when they are due.

6 0
3 years ago
Personal Finance<br> What is a motive?
AleksAgata [21]
Motive is the reason behind the demand which in most cases is either money or quality 
8 0
3 years ago
Suppose that the government decides to charge cola consumers an excise tax. Before the tax, the market is in equilibrium, where
Hitman42 [59]

Answer:

The answer is: The excise tax on cola beverages is $2 per case.

Explanation:

Excise taxes are taxes levied on certain goods or services.

In this case the price of cola beverages is $4 per case, since excise taxes are included in the price of the product, then the excise tax on cola beverages = price paid by consumers - price received by producers = $4 - $2 = $2

8 0
3 years ago
Other questions:
  • Product-Costing Accuracy, Consumption Ratios, Activity Rates, Activity Costing
    9·1 answer
  • Match (by number) each capital market instrumentwith its description:
    9·1 answer
  • H&amp;R Block launched a $100 million marketing campaign to parlay the company's intimate knowledge of 20 million customers' fin
    8·1 answer
  • Calculate the times interest earned ratio using the financial statement data shown below. Current liabilities $185 Income before
    10·1 answer
  • Excel City has $1,000,000 of 8%, 10 year general obligation bonds outstanding. The bonds were issued on October 1, 20x8 to finan
    5·1 answer
  • What is NCAA is what do it mean and stand for?
    14·2 answers
  • Which of the following is the most common traits of entrepreneurs? A. Passionate B. Risk-taker C. Independence D. Self-assured
    10·1 answer
  • Lets talk for a brain bro
    10·1 answer
  • Comic books originally published in japan​
    11·1 answer
  • Define common stock.​
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!