One is moving and the other isn’t
Answer:
The correct answer is A) Debt increased by $1.6 trillion
Explanation:
To find whether the government has a surplus or a deficit, we use this simple formula:
Govt surplus/deficit = G-T
where G = government outlays, and T= government revenue or taxes.
- If G > T Government has a deficit
- if G = T Government has a balanced budget
- if G < T Government has a budget surplus
Now, we simply replace the terms
- Govt surplus/deficit = $3.8 billion - $2.2 trillion = $1.6 billion
Because in this equation G > T, the government is in deficit, the deficit equals $1.6 billion, and will have to be financed by issuing debt. Hence, debt will increase by the same amount.
The best valuation technique to reduce the value of Karl's gross estate is C) Special use valuation on the CDs.
<h3>What is special use valuation?</h3>
Special use valuation is a valuation method that determines property value on the basis of its “current use” rather than its “highest and best use.”
Special use valuation is permitted by the Internal Revenue Code (IRC) Section 2032A.
However, the special use valuation method is for real estate and not CDs.
Thus, the best valuation technique to reduce the value of Karl's gross estate is C) Special use valuation on the CDs.
Learn more about the special use valuation method at brainly.com/question/3925584
Answer:
Operating Leasing
Explanation:
Legal title is retained by the seller, buyer enjoys equitable title (during the lease contract duration) of the property (e. g. using land, leased buildings or machinery for the business needs),
