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Karo-lina-s [1.5K]
4 years ago
6

An​ "excessive" budget deficit in this context is

Business
1 answer:
rjkz [21]4 years ago
6 0

Answer:

A) A relatively large budget deficit as a percentage of GDP beyond the European​ Union's deficit and debt rules.

Explanation:

A budget deficit is when the governments have more expenditures in a budgeted year than they have the revenues in form of taxes and other incomes. A deficit is excessive if it is large in comparison to the GDP.

In the European Union the budget deficit is considered excessive if it exceeds 3% of the running years GDP.

A public debt percentage to GDP of 60% or above is considered excessive as most of the GDP then is used for debt servicing and thus impacts negatively on the financial health of the country.

Hope that helps.

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Who has chegg please answer​
PolarNik [594]
Chegg??? what do u mean
6 0
3 years ago
Why should you include your GPA on your resume?
Degger [83]

If you're applying for college, yes it is suggested to but your GPA but if its for a job no it's not really necessarily, but your your 18+ I would suggest you too if your under 18 Nope.

Hope this helped :)

4 0
3 years ago
Read 2 more answers
Which of the following characteristics distinguish a multinational corporation? a. Top management is expected to take a global p
Lemur [1.5K]

Answer: The correct answer is "d. All of these".

Explanation: All are characteristics of a multinational corporation. Since a multinational company is one that is not only established in its country of origin, but also established in other countries to carry out its commercial activities both for sale and purchase and production in the countries where they have been established.

a. Top management is expected to take a global perspective. - With a global perspective we mean that the top management must develop its strategies taking into account socioeconomic factors not only of the country where they belong but of the world, since in a multinational company it could affect externalities that occur in any part of the world.

b.The corporation is controlled by a single management authority. - Despite being a multinational company, there must be only one administrative authority that allows a clearer vision of the future of the company and establishes the objectives of long, medium and short term.

C. It is managed as an integrated worldwide business system. - Being a company located in many countries to be managed in an efficient way that maximizes benefits should be managed as an integrated worldwide business system that allows obtaining relevant data for decision making.

5 0
3 years ago
The management of dominican sugar company is considering whether to process further raw sugar into refined sugar. refined sugar
horsena [70]

We shall Ignore cost of sugar cane at $0.36 per pound, as its going to be incurred for both processes.

Lets find the cash flow from not processing further:

42500 pounds Sugar @ $1.43 per Pound $60,775

Lets find the cash flow from Processing Further:

If 42500 pounds of raw sugar are processed further, we get 34000 pounds of refined sugar(42500/1.25)

34000 pounds of refined [email protected] $2.23 per pound $75280

Additional Processing charges for 42500 [email protected]$0.49 ($20825)

Total Cash Flow $54995

As can be observed, the organisation earns more when they sell raw sugar, Thus sugar should not be processed further.

5 0
3 years ago
Plus Company uses the estimate of receivables method of accounting for uncollectible accounts. Plus Co. estimates that $4412 of
Darina [25.2K]

Answer:

$4,412

Explanation:

If the company estimates that $4,412 of accounts receivables will be uncollectible, then it must record that number under the Allowance for Bad debts Account.

That account started the year with a $3,284 balance, it decreased by $1,826 (debt written off), and then must be adjusted by crediting $2,954 so its balance = $4,412 on December 31.

3 0
3 years ago
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