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

An​ "excessive" budget deficit in this context is

Business
1 answer:
rjkz [21]3 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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Contribution margin is first used to cover expenses. Once the break-even point has been reached, contribution margin becomes:.
oksano4ka [1.4K]

It should be noted that the contribution margin is first used to cover fixed expenses.

<h3>What is contribution margin?</h3>

The contribution margin simply shows you the aggregate amount of revenue that is available after variable costs to cover fixed expenses.

Contribution margin is first used to cover fixed expenses. Once the break-even point has been reached, the contribution margin becomes profit.

Learn more about contribution margin on:

brainly.com/question/24962994

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The EZ is the shortest and simplest form, Form 1040A is a bit more complex and the long Form 1040 is the most detailed and potentially difficult. But even if your tax life is simple and straightforward, it might be worthwhile to investigate the other two forms. Why? Generally, the longer the form, the more opportunities for tax breaks.

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3 years ago
In a payday loan, what happens at the date of loan maturity?
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Borrower must pay off loan
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Selective distribution is that retailers are carefully selected to engage in the product of selling. For example only a few stores are engaged with in the above question.

Intensive distribution is when all kind of retailers are given the opportunity to keep the products in their shops. For example the last phase described in the question where all sorts of retailers are engaged in selling activity.

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Answer:

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