Answer:
B. rises as economy expands, falls as economy contracts.
Explanation:
Deficit is the excess of government expenditures over government revenues.
Cyclical Deficit is interconnected to the Business Cycle phases of : Expansion, Peak, Recession, Depression, Trough, Recovery.
During growth stages of Business Cycle: Expansion or Recovery - this deficit falls because; there is more economic/ business activity & so more taxes receipts for govt & less govt expenditure on social support transfer payments (eg subsidies) to support public.
During declining stages: Recession or Depression - this deficit rises because; there is less economic/ business activity & so less taxes receipts for govt & more govt expenditure on social support transfer payments (eg subsidies) to support public.
Answer:
Explanation:
amount to be recorded as a right-of-use asset and the associated lease liability =[PVAD8%,3*Annual payment ]+[PVF8%,3*purchase price] =[2.78326*15,000
Answer:
Attribute the cause of our successes to internal personal factors and attribute our failures to external factors
Explanation:
Self-serving bias
This is simply regarded as the willingness to view oneself favorably. people usually tend to see themselves better than average. In terms of thinking positively, by taking credit for successes and that other forces did not have a factor in successes gotten. And also thinking negatively, by not taking credit for failures and rather blame external factors for failures encountered.
Individuals do accept credit when it is successful, but if there is a loss, they reject it or rather not associate themselves with it. They attribute loss to something else example: when an athletes attribute loss of a match to bad referees or dirty play.
Answer:
discount window and swaps
