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zlopas [31]
2 years ago
14

when the federal government's expenditures for a year are greater than its revenue for that year, the difference is known as wha

t?
Business
1 answer:
Lera25 [3.4K]2 years ago
8 0

Answer:

A budget deficit

Explanation:

A budget deficit arises when the governments spend more than it has collected.  The government 's main source of revenue is taxes and levies it imposes on businesses and individuals. Its expenses include salaries for public employees, social welfare, and expenditures on public goods and infrastructure development projects.

A budget deficit contrasts a budget surplus, which occurs when a government intends to spend less than it has collected. Budget deficits result in government borrowing from either the domestic or foreign markets.  A balanced budget is when the collected revenues match the planned expenditures.

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Flo is working on a construction site when she is injured on the job in the collapse of a girder company-made beam. at the time,
Bumek [7]
Injuries during working hours at a construction site leads to several legal consequences. If a person gets injured at working site, he/she can file civil law suit for negligence or product liability.
In the above situation, Flo was not wearing any safety wear while working on the construction site of a Grider company. She can file a product liability suit against the Girder company.
The company can most successfully raise the defense of "negligence". Since Flo was not wearing any safety wear during her working hours, the company can raise the defense of negligence because she knew that working on construction site without wearing safety gears may cause harm to her.
4 0
2 years ago
Which of the following is NOT one of the three big categories for periodic evaluations:
Lilit [14]

The category that does not belong to the periodic evaluation is Change Analysis.

Option D is the correct answer.

<h3>What is a periodic evaluation?</h3>

Periodic evaluation is a technique that is totally developmental in nature and disregards the formal advice relating to tenure, retention, or promotion of employees.

Periodic evaluation has three broad categories namely, hazard analysis, safety, and health-related inspections, and evaluation relating to personal protective equipment (PPE).

Therefore, out of the provided options, Change analysis is not considered a category for periodic evaluation.

Learn more about the periodic evaluation. in the related link;

brainly.com/question/17095233

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4 0
1 year ago
What would you do if you were in the position of the business executives described in the “gift giving and the african elder” ca
lubasha [3.4K]
The business executives were further complicating a situation that was even that complicated to begin with. Tribal elder or not, the business executives were informed that the man was a tribal elder, thus following through with the gift giving customs. This type of act walks hand and hand with the philosophy behind sending something a card. This act should be seen as an act of respect and continued growth, nothing more. This gift should not have been foreseen as an unethical compromise of any <span>kind, but rather a token of appreciation.

FOUND BY: </span>https://www.coursehero.com/file/7010504/Session-8-Discussion-Copy/
3 0
3 years ago
Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given prod
REY [17]

Profit is maximized when Q = 4 and P = $40, with maximum profit = $90.

<u>Explanation:</u>

(a)  (i) Marginal cost (MC) = Change in Total cost (TC) by Change in output (Q)

(ii) Total revenue (TR) = Price (P) into Q

(iii) Marginal revenue (MR) = Change in TR by Change in Q

(iv) Profit = TR - TC

Therefore:

Q  TC  MC  P  TR  MR  PROFIT

0  25   60  0   -25

1  40  15  55  55  55  15

2  45  5  50  100  45  55

3  55  10  45  135  35  80

4  70  15  40  160  25  90

5  90  20  35  175  15  85

6  115  25  30  180  5  65

7  145  30  25  175  -5  30

8  180  35  20  160  -15  -20

9  220 40  15  135  -25  -85

10  265 45  10  100  -35  -165

When Q = 4, MR = $25 and MC = $15, so MR > MC. When Q = 5, MR = $15 and MC = $20, so MR < MC. Therefore,  

Profit is maximized when Q = 4 and P = $40, with maximum profit = $90.

(b)  In the long run, new firms will enter the market by being attracted by positive short run profit. Therefore in long run, demand for individual firm will decrease, price for individual firm will decrease and profit will decrease until each existing firm earns zero economic profit.

4 0
2 years ago
Kristin is president of a corporation that operates a chain of clothing stores, and she faces the task of hiring a manager to re
a_sh-v [17]

Answer:

g. Three additional stores owned by Kristin’s company are managed by recent Wharton graduates, and all three managers have increased sales by 18 percent for each of the past three years.

Explanation:

Firstly, the former manager who retired increased sales by 15 percent every year for the past five years. Secondly, based on the performance of recent Wharton graduates, who were managers at three additional stores owned by Kristin's company and were able to perform better than this former manager who just retired by increasing sales by 18 for the past three years in their respective stores. Kristin can therefore conclude to higher Roger Benson to repeat the same stellar performance.

6 0
2 years ago
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