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
Elina [12.6K]
2 years ago
8

In an open economy the GDP is $12 trillion this year. Consumption is $8 trillion, and government spending is $2 trillion. Taxes

are $0.5 trillion. Exports are $1 trillion, and imports are $3 trillion.4.(Scenario: Open Economy S = I) What is the government budget balance?
A)a surplus of $1.5 trillion
B)a deficit of $1.5 trillion
C)a deficit of $0.5 trilli
Business
1 answer:
DedPeter [7]2 years ago
6 0

Answer:

B)a deficit of $1.5 trillion

Explanation:

The computation of the government budget balance is shown below:

= Taxes - government spending

= $0.5 trillion - $2 trillion

= $1.5 trillion deficit

For computing the government budget balance, we deduct the government spending from the taxes so that the correct amount can come

All other information which is given is not relevant. Hence, ignored it

You might be interested in
Effect of junk status on unemployment
hram777 [196]
‘Junk status’ is a term describing a country which has fallen below desirable levels of investment according to international rating agencies. <span>Overseas investors would withdraw their money and the government would have to pay much higher interest rates to borrow money to service and repay its massive loans such as those which Eskom, SAA and other State-owned enterprises had built up. Interest rates would go up and the value of the rand would shrink.</span>
6 0
3 years ago
Suppose that a country's annual growth rates over a 10-year period are as follows: year growth rate 1 5% 2 3 3 4 4 – 1 5 – 2 6 2
tino4ka555 [31]
A.) The country's trend rate of growth over this period was 4.2% = (2+3+3+4+4% 1+5<span>% </span><span>2+6 +2+7+3+8+4+9+6+10+3/18)
   
b.)6-9 due to positive and increase.</span>
3 0
3 years ago
when an organization produces only a single product and attempts to sell it to two or more market segments, it avoids which cost
weqwewe [10]

When an organization produces only a single product or service and attempts to sell it to two or more market segments. It avoids the extra costs of developing and producing additional versions of the product.

For better understanding, lets explain the term

  • Market segmentation is simply known as the act of gathering or aggregating known buyers into groups that have common needs and will respond almost the same to a marketing action.
  • Organization that makes only a single product or service do try to avoids any extra costs that may arise because they want to focus on just one thing

From the above, we can therefore say that the answer When an organization produces only a single product or service and attempts to sell it to two or more market segments. It avoids tahe extra costs of developing and producing additional versions of the product.

Learn more from:

brainly.com/question/14950217

3 0
3 years ago
Fill in the missing amounts.
Marrrta [24]

Answer:

Find my analysis below

Explanation:

The gross profit rate is the portion of net sales earned as gross profit prior to considering operating expenses as indicated by the formula below:

gross profit rate=gross profit/net sales

The profit margin measures the net income as a percentage of net sales

profit margin=net income/net sales

                                Crane company Sheridan company

Sales revenue                 $94,200  $103,000  

sales returns and allowance  $14,000  $3,000  

Net sales                           $80,200  $100,000  

cost of goods sold                  $54,200  $50,000  

Gross profit                               $26,000  $50,000  

Operating expenses            $14,700  $34,400  

Net income                            $11,300  $15,600  

 

Gross profit rate=gross profit /net sales 32.4% 50.0%

Profit margin=net income/net sales         14.1% 15.6%

Crane company Sheridan company

Sales revenue                 94200 =F5+F4

sales returns and allowance  =E3-E5 3000

Net sales                       80200 100000

cost of goods sold              54200 =F5-F7

Gross profit                       =E5-E6 50000

Operating expenses        14700 =F7-F9

Net income                            =E7-E8 15600

 

Gross profit rate=gross profit /net sales =E7/E5 =F7/F5

Profit margin=net income/net sales =E9/E5 =F9/F5

7 0
2 years ago
Action learning uses challenging, structured outdoor activities, which include difficult sports.A. TrueB. false
mixas84 [53]

Answer: The answer is True.

Explanation: Action learning uses challenging, structured outdoor activities, which may include difficult sports such as dog-sledding or mountain climbing. ... Employees are most likely to learn when the training is linked to their current job experiences and tasks.

6 0
3 years ago
Other questions:
  • The following information is available for Birch Company at December 31: Money market fund balance $ 2,910 Certificate of deposi
    7·1 answer
  • Hey, I'm reading a book and I want to know what this question mean.
    10·1 answer
  • Linda is a qualifying widow in 2018. In 2018, she reports $80,000 of taxable income (all ordinary). What is her gross tax liabil
    5·1 answer
  • Beyer Company is considering the purchase of an asset for $180,000. It is expected to produce the following net cash flows. The
    6·1 answer
  • What guidelines will you develop for supervisors to successfully respond to employee questions about unionization? What can your
    15·1 answer
  • The following information is available for Chap Company.Sales: 350,000Cost of goods sold: 120,000Total fixed expenses: 60,000Tot
    15·1 answer
  • A marketing
    6·1 answer
  • The CFO of Gabe Corp. suspects that an employee has been stealing cash from the company. The employee is responsible for receivi
    12·1 answer
  • Charging a lower price per unit for purchases of more units is called
    12·1 answer
  • what is the white-box approach in auditing systems? select all statements that apply. multiple select question. the white-box ap
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!