When a government's expenditures on goods, services, or transfer payments exceed their tax revenue, the government has run a budget deficit. Governments borrow money to pay for budget deficits.
<h3>What is budget deficit ?</h3>
An overrun in spending over income results in a budget deficit, which can be a sign of a nation's financial stability. The phrase is frequently used to describe government spending rather than that of companies or people.
An annual financial statement of the government's proposed revenues and expenditures is known as a budget. The overall gap between government revenues and expenditures is known as the government budget balance, also known as the general government balance, public budget balance, or public fiscal balance.
A government budget deficit is denoted by a negative balance, and a surplus is denoted by a positive balance. For each level of government, a budget is created that accounts for public social security commitments.
The primary balance and interest payments on the total amount of accumulated government debt make up the government budget balance; the two together determine the budget balance.
To learn more about budget deficit refer :
brainly.com/question/26010226
#SPJ4
Answer:
<h2>
Dynamic strength</h2>
Explanation:
Dynamic Strength — The ability to exert muscle force repeatedly or continuously over time. This involves muscular endurance and resistance to muscle fatigue.
Answer: reduce interest rates, spend on public works, spend unemployment benefits, and cut business payroll taxes for new hires.
Explanation: reducing interest rates can let banks lend more money. spending on public works can bring people right to work, to be able to hire construction workers. unemployment benefits help people get jobs and for them not to be homeless. cutting business payroll taxes for new hires will let families keep more money that they made.
Answer:
The journal entry is shown below:
Explanation:
The journal entry for the sale of the goods using the system of perpetual inventory is shown below:
Cost of Goods sold A/c.............................Dr XXXX
Inventory A/c........................................Cr XXXX
Being record the sale using perpetual inventory system
Under the system of perpetual inventory, the sale or the purchase of inventory is recorded immediately using the point of sale system.
So, account of Cost of goods sold (COGS) is debited against the inventory which is sold through the business and that is credited.
The answer is: "can-edit"
By setting this permission, this mean that all the people that has been granted an access to the board has the authority to make any changes on the board. This allow workers to divide their labors even if they are not physically close with one another. (for example, it usually used by tech company that hire freelancers from another country)
