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
Answer:
C. A cost center recognizes neither revenues nor computes income
Answer:speculative investment
Explanation:
just took the test.
Had to look for the options and here is my answer:
The type of bond that Doug has purchased based on the given situation above is called the CONVERTIBLE BOND. From the word itself convertible, this is the type of bond that can be converted into an exact number of <span>shares of common stock. Hope this helps.</span>
Answer:
6% = 4500
5% = 3500
Explanation:
wo equations can be derived from the question
x + y = $8,000 equation 1
0.05x + 0.06y = $445. equation 2
x = amount invested in 5%
y = amount invested in 6%
multiply equation 1 by 0.05
0.05x + 0.05y = 400 equation 3
subtract equation 3 from 2
0.01y = 45
y = $4500
substitute for y in equation 1
8500 - 4500 = 3500