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
iragen [17]
3 years ago
6

The government announced that last year it spent $589 million in mandatory outlays and $416 million in discretionary outlays. It

received $1015 million in revenue. Last year, the government had a budget________ of______$ million.
Business
1 answer:
Keith_Richards [23]3 years ago
3 0

Answer:

The Last year, the government had a budget suplus of $ 10 million.

Explanation:

Government expenditure = $589 million + $416 million

                                           = $1005 million.

Government revenue = $1015 million

Government budget suplus = government expenditure - government revenue

                                              = 1005 million - 1015 million

                                              = $10 million

Therefore, The Last year, the government had a budget suplus of $ 10 million.

You might be interested in
The traditional method of making product mix decision considersA.producing the products with the highest contribution margins fi
Helga [31]

Answer:

The correct answer is letter "A": producing the products with the highest contribution margins first.

Explanation:

A product mix refers to the different assets a company may posses in its portfolio. Those products or services are usually similar or satisfy almost the same need. They are measured according to their width, length, depth, and consistency. The product mix avoids that the company relies on a single product or service as a source of income. Besides, the product or service with the fastest and highest revenues is the one to be produced first.

8 0
3 years ago
Anthony’s rate of pay is $8.36 per hour. Last week, Anthony worked 33 hours, What is the gross pay for the week for Anthony?
velikii [3]
First to get the answer your self all you need to do is divide 7 in to how many hours then boom you got the answer
3 0
3 years ago
If the expected rate of inflation was 3% and the actual rate was 6.2%; the systematic response coefficient from inflation, would
Semenov [28]

The systematic response coefficient from inflation, would result in a change in any security return of <u>3.2 βI</u>.

<u>Explanation</u>:

<em><u>Given</u></em>:

Expected rate of inflation = 3%

Actual rate of inflation = 6.2%

The change in security return can be calculated by obtaining the differences between actual and expected levels of inflation.

Change in security return= Actual rate of inflation- Expected rate of inflation

                                                     = 6.2%-3%

                                                     = 3.2%

<u>Change in security return= 3.2 βI </u>

<u></u>

7 0
3 years ago
Store A uses the newsvendor model to manage its inventory. Demand for its product is normally distributed with a mean of 500 and
Llana [10]

Answer:

maximum profit = $7500

so correct option is c  $7500

Explanation:

given data

mean = 500

standard deviation = 300

cost = $10

price = $25

Inventory  salvaged = $5

to find out

What is its maximum profit

solution

we get here maximum profit that is express as

maximum profit = mean × ( price - cost )   ..................................1

put here value in equation 1 we get maximum profit

maximum profit = mean × ( price - cost )

maximum profit = 500 × ( $25 - $10 )

maximum profit = 500 × $15

maximum profit = $7500

so correct option is c  $7500

4 0
3 years ago
12. The equation: quantity of output supplied = natural rate of output + a(actual price level - expected price level), where a i
PtichkaEL [24]

Answer:a. an upward-sloping short-run aggregate supply curve

Explanation:

variable a represent an upward sloping short run aggregate supply curve.

The slope of the supply curve is positive which tells us that the quantity supplied has a positive relationship with Price.When price increases the quantity supplied will increase because the law of supply states that more quantity is supplied at a higher price

7 0
3 years ago
Other questions:
  • Which of the following would shift the supply of Green Bay Packers football jerseys to the left? a. The Green Bay Packers make i
    6·1 answer
  • Free enterprise is more likely to be observed in what type of economic system
    5·1 answer
  • On January 1, 2018, Crane Corp. changed its inventory method to FIFO from LIFO for both financial and income tax reporting purpo
    5·1 answer
  • Ashley is an attorney who specializes in family law. She uses the cash method of accounting and is a calendar-year taxpayer. Las
    7·1 answer
  • What huge Christmas gift did France give to the United States of America in 1886?
    5·2 answers
  • No Edges Left Behind Enterprises has book income of $1,200,000 which consist of income tax expense of $380,000, municipal bond i
    6·1 answer
  • As we move toward a cashless society, which of the following will become vital for businesses that meet clients away from the of
    8·1 answer
  • The demand for money is higher in japan than in the united states because they do not accept credit cards
    7·1 answer
  • The top management of a beverage manufacturing company has put together a team to handle the marketing of its new health drink.
    8·1 answer
  • What is the difference between a shortage and scarcity?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!