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3 years ago

Potential GDP of $12 trillion and if real GDP equaled potential GDP, the budget deficit would be $1 trillion.

Business

1 answer:

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

8 0

Answer:

D. deficit of $1 trillion; surplus of $4 trillion

Explanation:

If the economy reaches their potential at 12 trillion the government would run a deficit of 1 trilllon which means there is an structural deficit of 1 trillion

As currently there is a surplus of 3 trillion This mean the economy is in a cycle under which there is a surplus of 4 trillion

current budget - structural budget = cyclical

3 - (-1) = 3 + 1 = 4

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Answer:

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Explanation:

The correct answer is - No,

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Therefore the owner wouldn't consider the broker and didn't due broker commission.

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3 years ago

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The Remainder-man then gets access to the property and owns in to the highest extent of the law which in common law countries such as the United States, is the Fee Simple title ownership. This gives them the right to basically do what they want with the property.

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3 years ago

Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m

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Answer:

option (b) $69,768

Explanation:

Data provided in question:

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Estimated machine-hours = 1,800

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now,

The predetermined overhead rate = $\frac{\textup{Estimated manufacturing overhead}}{\textup{Estimated machine-hours}}$

The predetermined overhead rate = $\frac{\textup{73,440}}{\textup{1,800}}$

The predetermined overhead rate = $40.8 per hour

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4 years ago

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3 years ago

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To learn more about Capital Budget refer to:

brainly.com/question/23719404

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2 years ago

Potential GDP of​ $12 trillion and if real GDP equaled potential​ GDP, the budget deficit would be​ $1 trillion.

Potential GDP of $12 trillion and if real GDP equaled potential GDP, the budget deficit would be $1 trillion.