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
guajiro [1.7K]
3 years ago
12

Suppose that we have the following information concerning the government's finances and the macroeconomy for a given year: Gover

nment Debt: $12 trillion Inflation: 10% Nominal Deficit: $1.5 trillion What is the real deficit for the year
Business
1 answer:
tresset_1 [31]3 years ago
3 0

Answer: $300 billion

Explanation:

The real deficit that a Government has is one that has been adjusted for inflationary effects. It is calculated by subtracting the inflation rate times the total debt from the nominal deficit.

= Nominal deficit - (Inflation rate * Total debt)

= 1.5 trillion - ( 10% * 12 trillion)

= 1.5 trillion - 1.2 trillion

= $300 billion

You might be interested in
In an effort to increase customer loyalty, management at Phat International has worked to create a personaldialogue with their c
IRISSAK [1]

Answer: Relationship Marketing

Explanation:

Relationship marketing is a form of marketing where a business tries to create a lasting bond with their customers, done by constant communication with their customers to get feedback of their products/ services.

Phat International is making use of dialogue with their customers to create more loyal customers which is a form of relationship marketing.

3 0
3 years ago
What channel intermediary does not take title to products, but instead brings a seller and buyer together?.
kondaur [170]

Answer:

It would be the agent by definition.

4 0
2 years ago
Read 2 more answers
Baker Inc. acquired equipment from the manufacturer on 10/1/2018 and gave a noninterest-bearing note in exchange. Baker is oblig
bekas [8.4K]

Answer:

4%

Explanation:

Interest included in $918000 is for six months from 10/1/18 to 4/1/12.

Interest for first three month period from 10/1/18 to 31/12/18 = $9000.

This implies that :

Interest from 1/1/19 to 4/1/19 = $9000.

Principal amount excluding interest due:

= Baker's obligation amount - Accrued interest - Accrued interest

= $918,000 - $9,000 - $9,000

= $900,000

Interest rate:

= [($9,000 × 12/3) ÷ 900000] × 100

= 4%

8 0
3 years ago
In which transaction cycle would customer sales transaction information be most likely to pass between internal and external acc
dlinn [17]
A. the revenue cycle

5 0
3 years ago
There were 80 people in the houses I visited. 16 of them were children under the age of 16, 25 people had full-time jobs, and 8
miss Akunina [59]

The labor force that can be depicted from the information about the people will be 36.

<h3>How to calculate the labor force</h3>

The labor force will be:

= 25 + 8 + 3

= 36

The unemployment rate will be:

= Unemployed/Labor force × 100

= 3/36 × 100

= 8.33%

The participation rate will be:

= Labor force/Adult population × 100

= 36/(80 - 16) × 100

= 56.25%

Learn more about the labor force on:

brainly.com/question/24939447

4 0
2 years ago
Other questions:
  • You own a portfolio that has a total value of $130,000 and a beta of 1.28. You have another $49,000 to invest and you would like
    5·1 answer
  • Your client has been offered a 5-year, $1,000 par value bond with a 10 percent coupon. Interest on this bond is paid quarterly.
    12·1 answer
  • One measure of the extent of competition in an industry is the concentration ratio. What level of concentration indicates that a
    13·1 answer
  • The system that sorts packages in the FedEx Super Hub is called _________________________.
    6·2 answers
  • Which of the following statements is CORRECT? (Assume that the risk-free rate is a constant.)a. If the market risk premium incre
    14·1 answer
  • For an organization to grow its market share, it must: a.advertise using multimedia b.lower prices c.exceed minimum standards of
    15·1 answer
  • The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable
    12·1 answer
  • What skills do you think an aircraft engineer would need to have?
    12·2 answers
  • Majer Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or RateStandard Co
    5·1 answer
  • Define capital economics.​
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!