Answer:
D
B
C
Explanation:
Federal purchases are purchases of goods and services and it is required that the government receives a good or services in return, whereas federal expenditures is the sum of government purchases including transfer payments.
In relation to GDP, Federal purchases have decreased by almost half since 1960.
In relation to GDP, Federal expenditures have increased since 1960.
Answer:
99.035%
Explanation:
Data provided in the question:
CPI in 1979 = 72.6
CPI in 1993 = 144.5
Now,
The percentage by which prices rise during the period 1979-1999 will be calculated as :
= [ (CPI in 1993 - CPI in 1979 ) ÷ CPI in 1979 ] × 100%
or
= [ (144.5 - 72.6 ) ÷ 72.6 ] × 100%
or
= [ 71.9 ÷ 72.6 ] × 100%
or
= 99.035%
The percentage by which prices rise during the period 1979-1999 is 99.035%
Answer: 15,500
Explanation:
From the question, we are informed that Belkin co provides medical care and insurance benefits to its retireees in the current year Belkin agrees to contribute 5% of the employees 310000 gross salaries to a terirement program.
The amount of employee benefits expense for the current period will be calculated as:
= 5% × 310,000
= 5/100 × 310,000
= 0.05 × 310,000
= 15,500
A. Unsubsidized federal loan