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.
Answer:
it would be easier if you enter these into a tabular format, so you can then do the calc on excel or copy and paste here for ppl to see it clearly. The presentation of business information is important for the intended audience
Explanation:
Answer:
Final value= $15,101.13
Explanation:
Giving the following information:
You believe that you will be able to invest $3,000, $3,300, $3,800, and $4,000 next four years. The interest rate is 5%.
To calculate the final value of each deposit we need to use the following formula:
FV= PV*(1+i)^n
Year 1= 3,000*1.05^3= $3,472.88
Year 2= 3,300*1.05^2= 3,638.25
Year 3= 3,800*1.05= 3,990
Year 4= 4,000
Total= $15,101.13
<span>1.
1.
1.A Better Life - The ability to provide a better life for my son, than the one my parents were able to give to me. At least in terms of not having to want for things, education and the ability to travel.
2. Status - Lifestyle status is a massive thing where we live, and we chose to live in our area for easier access to better schools, convenience shopping, higher quality food shops and restaurants.
3. Health - Being able to provide quality Health and Medical Insurance for my family is much more important than the actual salary. As long as my family are well covered we feel much more safe and stable.
4. Salary - Having enough to cover our needs and a bit extra has a great sense of satisfaction and the idea of a safety net is very nice.
5. Holidays - Just being able to go to a different place on holiday or to visit family at least twice a year is extremely important.
6. Stability - To be able to buy and have he things that you want, when you want them. Not to think how this may damage your savings etc.</span>
Answer:
Both types of inflation cause an increase in the overall price level within an economy. Demand-pull inflation occurs when aggregate demand for goods and services in an economy rises more rapidly than an economy's productive capacity.
Explanation:
