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Firdavs [7]
3 years ago
11

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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g100num [7]

Answer:

75

Explanation:

4 0
3 years ago
Why is there scarcity even in an affluent country like the united states?.
Law Incorporation [45]

Answer:

THERE ARE SCARCITY EVEN IN AN AFFLUENT COUNTRY LIKE THE UNITED STATES BECAUSE WANTS ARE LIMITED BUT NEEDS ARE UNLIMITED. SOME PEOPLE ARE POOR WHILE OTHERS ARE WEALTHY

7 0
2 years ago
All of the following are characteristics of Weberian bureaucracy except:
azamat

Answer:

b. management is the same as the ownership of the organization.

Explanation:

Weberian bureaucracy is the term used for the bureaucracy concept introduced by Max Weber, the famous sociologist and economists. He clearly stated that for any kind of administration the basic need is to maintain some standard characteristics:

Which included hierarchy as basics, therefore, it clearly distinguished the management and ownership and both are on different hierarchy.

Therefore, the correct option is:

b. management is the same as the ownership of the organization.

6 0
3 years ago
Consider the demand for cigarettes. Suppose the government decreasesdecreases the price of cigarettes by loweringlowering cigare
RUDIKE [14]

Answer:

increase

Explanation:

According to my research on economics, I can say that based on the information provided within the question if the prices of cigarettes decrease then the demand will increase. This can be said because cigarettes are a luxury item, meaning they are not a necessity but something that the people want. Therefore if prices decrease people will want to buy more of them.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
3 years ago
Which hardy-weinberg condition is affected by population size?
olchik [2.2K]

Answer:

Genetic drift

Explanation:

Hardy-Weinberg stated that the genotype frequencies in a population remain constant unless an abnormal event or evolutionary influence occurs. The population size can lead to generic variation or drift and that generic variation affects the hardy-Weinberg condition. Generic drift is a variation in the genotype frequency level. Generic drift or variation can be due to several reasons such as genes etc.

5 0
3 years ago
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