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Elina [12.6K]
3 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]3 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

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A company enforces its ethical codes and policies by rewarding ethical behavior and punishing misconduct. Each month, the most e
Olenka [21]

Answer:

The rewards and punishment serve the purpose of motivating the employees.

Explanation: First of all, we must establish that companies should have set guidelines or principles on which they operate, especially when it comes to ethics and acceptable workplace behavior.

Secondly, we must acknowledge the fact that there is always a reward or consequence for our actions. Especially in the workplace where employees are constantly monitored.

Now, based on the Theory X of management that was developed by Douglas McGregor, which basically states that employees are unmotivated and unwilling to work, and as a result of this, they need to be constantly prompted, rewarded or punished to make sure that they complete their tasks.

So to answer the question, the rewards and punishments serve the purpose of motivating the employees to be of good conduct in the workplace, because if this is not done, bad behavior might spread throughout the company and this will cause further problems.

3 0
3 years ago
At the end of 2021, Worthy Co.’s balance for Accounts Receivable is $11,000, while the company’s total assets equal $1,410,000.
erastovalidia [21]

Answer:Worthy journal $

Date

March 14, 2022

Bad debt Dr 2600

Receivable Cr 2600

Narration. Record of receivables written off to income account on account becoming unrecoverable.

Explanation:

The direct method of written off bad debts do not make provision for estimate of receivables that are likely to go bad in which the estimate is recognised as debit to income statement and the corresponding credit entry is used to reduce the receivables, with adjustment been made at the year end for variances.

In the direct method the actual bad debts is debited in the income s statement and credited to the receivables accounts.

6 0
3 years ago
A bakery invest a portion of profits into sending its employees to a training on how to use more energy-efficient ovens that als
Karo-lina-s [1.5K]
A bakery invests a portion of profits into sending its employees to a training on how to use more energy-efficient ovens that also can hold more baked goods. Hoping to achieve by investing in the training, the goal of the bakery is increase productivity. The new learning to employees will help them how to use more of the energy-efficient ovens and probably find a way that they won't have to waste more electricity and produce more baked goods.

The answer would be letter A.
6 0
3 years ago
Assume that we are back to talking about bags of oranges (a private good), but that the government has decided that tossed orang
ruslelena [56]

Answer:

If negative externalities pop up in a market, the equilibrium is higher than the efficient output.

Thus when it comes to the government rectification regarding the side effects of that commercial , activity, if the amount of bags is (1) then the new equilibrium would be: <em>p*= $17</em>

8 0
3 years ago
The ________ is a form of business organization that is rapidly gaining popularity in the United States. The concept originated
zvonat [6]

Answer:

Limited liability company

Explanation:

A limited liability company (LLC) is an hybrid entity United States in which the characteristics of corporations and partnerships are combines. In this strategy owners are not personally liable for the firm's debts.

I hope you find this information useful and interesting! Good luck!

6 0
3 years ago
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