All categories

4 years ago

To create a balanced budget, one must balance needs against what

2 answers:

8 0

To create a balanced budget, one must balance needs against wants.

In order to Create a balanced budget you should:

1. Keep track of your financial gain and expenses.
2. Stay on top of your monthly bills.
3. Be ready for surprising expenses.
4. Not overspend.
5. Figure out what quantity you wish to save lots of to satisfy your monetary goals.

V125BC [204]4 years ago

7 0

Answer:

And the income

Explanation:

The balanced budget refers to the balance between income and expenditure, or income and consumption. Thus, in order to create a balanced budget it is necessary to keep in control the expenditure needs, ie consumption, since income or revenue is limited. Therefore, there must be a balance between consumption needs and income.

You might be interested in

When auditing an entity's financial statements in accordance with government auditing standards (the yellow book), an auditor is

frez [133]

Wiley CPA Exam Review 2010, Auditing and Attestation explained this on an exam that the auditor should issue a report to comply with the law on internal control and also to document financial information. The yellow book becomes an auditing standard that provided uniformity on reports.

3 0

3 years ago

Assume that the reserve requirement is 25%. If the Federal Reserve sells $120 million in government securities to the general pu

gladu [14]

Is there any answers choice or I have to figure it my self

6 0

3 years ago

An advertiser enables target cost-per-acquisition (cpa) bidding and notices that conversions decrease. what might cause this?

aleksandrvk [35]

It could be caused by the fact that the target CPA bid was lower than the expected or recommended amount

3 0

3 years ago

Read 2 more answers

Craigmont uses the allowance method to account for uncollectible accounts. its year-end unadjusted trial balance shows accounts

spayn [35]

$104,500 * 0.04 = $4,180 - $665 = $3,515

5 0

4 years ago

Scenario 9-1 For a small country called Boxland, the equation of the domestic demand curve for cardboard is Q D = 200 − 2P , whe

Ksenya-84 [330]

Answer: a. benefits Boxlandian consumers by $672 and harms Boxlandian producers by $598.50.

Explanation:

Equilibrium price will be at level where quantity demanded equals quantity supplied.

200 − 2P = -60 + 3P

200+60 = 5P

5P = 260

P = $52

Equilibrium Quantity Demanded = 200 − 2P = 200 - 2 * 52 = 96 units

In a no-trade situation the demand in Boxland is 96 units at a price of $52. If they were to buy at the world price of $45, they would benefit;

= (96 * 52) - (96 * 45)

= 4,992‬ - 4,320‬

= $672

Producers however would produce the following at a price of $45;

Q S = -60 + 3P

= -60 + 3(45)

= 75 units

They would be supplying less units and be hurt.

7 0

3 years ago