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Murljashka [212]
2 years ago
15

A budget ▼ deficit surplus is the amount by which government spending exceeds revenues in a given year. A budget ▼ deficit surpl

us is the amount by which government revenues exceed government expenditures in a given year.
Business
1 answer:
777dan777 [17]2 years ago
6 0

Answer:

The correct answer is: deficit; surplus.

Explanation:

A budget deficit refers to the situation when the government expenditures are greater than government revenue. While a budget surplus is a situation where the government revenues are greater than government expenditure.  

When government expenditures are equal to government revenues, the budget is said to be in balance.  

A budget deficit is corrected by increasing taxes and decreasing spending.  

A budget surplus can also be referred to as government saving.

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Which of the following best describes a trial balance?
Lubov Fominskaja [6]

Answer:

A

Explanation:

In the accounting process extracting a trial balance is the final step.

8 0
2 years ago
The capital-to-labor ratio is:Question 40 options:a) a key element in decreasing real wages.b) high in rich countries.c) the rat
andrezito [222]

Answer:

b) high in rich countries.

Explanation:

Capital-to- labour ratio measure the degree of capitalisation of an economy.

Labour is the service that is given by workers in exchange for salaries in the production process.

Capital is the long term input that is put into the manufacturing process, usually in the form of machinery or systems that automate production.

Capital-to-labour ratio= Total capital/ Total labour

Rich countries have a high level of capitalisation of their production process, where a lot of activity is automated. So capital is high and labour input is low. This results in a high capital-to-labour ratio.

On the other hand poor countries are more labour inensive, so their capital-to-labour ratio is low.

7 0
2 years ago
Read 2 more answers
Diversification is important and investing because
Lelechka [254]
You don't want all of your eggs in one basket. If one stock and/sector of the market sinks, hopefully it will be offset by your diversification.
6 0
3 years ago
A callable bond pays annual interest of $60, has a par value of $1,000, matures in 20 years but is callable in 10 years at a pri
Elena-2011 [213]
A. 6%

Calculator entries are N = 10, PV = -1,055.84, PMT = 60, FV = 1,100, CPT I/Y 6
5 0
3 years ago
ABC Steel Co. is considering buying a new machine in order to increase its production capacity using new technology. Details abo
stepan [7]

Answer:

payback period is lesser than 15 years we can say that they should buy the machine

so correct option is c. 4.8 years  

Explanation:

given data

Purchase Cost = $300,000

Savings offered = $62,500 per year

Life of machine = 15 years

to find out

Payback period

solution

first we get here Payback period that is express as

Payback period =  purchase cost ÷ savings   ...........1

put here value we get

Payback period = \frac{300000}{62500}

Payback period = 4.8 years

and here payback period is lesser than 15 years we can say that they should buy the machine

so correct option is c. 4.8 years  

7 0
3 years ago
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