All categories

3 years ago

What did the president mean when he said he had to face “very difficult choices” when creating a federal budget?

Business

2 answers:

Natasha2012 [34]3 years ago

8 0

B) Deciding what would be funded and what would be cut

NARA [144]3 years ago

6 0

Barack Obama was talking about the choices on the priorities of the budget.

Education, Health, Security, among others are part of the State's responsibilities and dividing the budget to meet society's needs in these and other areas is a very difficult task.

Soooo B

Hope this helped!!

~BBGLUVER

You might be interested in

The size of the multiplier which is applied to a change in AD is dependent upon the ________..

torisob [31]

Answer:

Explanation:

The multiplier is calculated by two marginal decisions by firms and individuals. A firm can decide whether to save the revenue or to consume it, therefore there is marginal propensity to consume and marginal propensity to save as options for both firms and individuals. Therefore, the size of the multiplier which is applied to a change in AD is dependent upon size of the marginal propensity to consume and marginal propensity to save.

8 0

3 years ago

On January 1, 2018, David Mest Communications granted restricted stock units (RSUs) representing 25 million of its $1 par common

natima [27]

Answer:

See the explanation below.

Explanation:

Total compensation expenses = 25 million * 15 = $375 million

1. On December 31, 2018.

Compensation expenses = $375 million / 3 = $125 million

Journal entries will be as follows:

Details Dr ($'Million) Cr ($'Million)

Compensation expenses 125

Paid-in Capital - Restricted stock 125

To record the compensation expenses for 2018.

2. On December 31, 2019.

Compensation expenses = [$375 million * 96% * (2/3)] - $125 million = $115 million

Journal entries will be as follows:

Details Dr ($'Million) Cr ($'Million)

Compensation expenses 115

Paid-in Capital - Restricted stock 115

To record the compensation expenses for 2019.

3. On December 31, 2020.

Compensation expenses = ($375 million * 96%) - $125 million - $115 million = $120 million

Journal entries will be as follows:

Details Dr ($'Million) Cr ($'Million)

Compensation expenses 120

Paid-in Capital - Restricted stock 120

To record the compensation expenses for 2020.

5 0

3 years ago

Chester's balance sheet has $105,038,000 in equity. Further, the company is expecting net income of 3,000,000 next year, and als

charle [14.2K]

Answer:

The answer is $112,038,000

Explanation:

The total equity will be equity brought forward, the net income(retained earnings) and the newly issued shares.

Book value equals asset minus liability which this formula is the same as equity. So in order words book value is also the same as total equity.

Therefore, the book value is:

$105,038,000 + 3,000,000 + $4,000,000

= $112,038,000

3 0

3 years ago

For a price-taking firm, marginal revenue Select one: a. is the addition to total revenue from producing one more unit of output

Ksju [112]

Answer: Option (e) is correct.

Explanation:

Correct Option: both a and c

Marginal revenue is the amount that is added to the total revenue, this amount is created due to an additional unit of output produced by the firm.

Price taking firms are the firms which operates in a perfectly competitive market. In this type of market condition, prices are determined by market forces. Hence, the constant prices will result in unchanged marginal revenue and thus it is horizontal to the x-axis at any given price level. Price level remains the same at any level of output.

7 0

3 years ago

Price elasticity of demand along a linear, downward-sloping demand curve increases as price falls.

Ksivusya [100]

False.

It DECREASES. The midpoint of the demand curve will be unitary elastic, whereas above it, it will be elastic and below it, it will be inelastic.

8 0

3 years ago