Answer:
For the U.S. 2019 budget:
Deficit: keeping deficit between 4.1 and 4.7 percent of GDP.
Debt: debt will continue to grow steadily, but it should be no more than 93 percent of GDP by 2029.
Government revenue: federal government revenue should be 16.5 percent of GDP.
Spending: Federal outlays should sit at 20.8 percent of GDP.
Economic performance: Real GDP should grow by 2.3 percent of GDP.
The supply curve will shift upward if a tax is levied on the sellers of a product.
<h3>What is a supply curve?</h3>
A supply curve shows the graphical representation of the price of the product and the quantity of the product for the given time period.
When a supply curve shift upwards, it shows a decrease in the supply of the goods and increase in the price of goods. This shows how the curve will shift with a change in the prices of goods.
A supply will get a shift in the direction due to factors like the cost of input, changes in technology, events caused by natural shifts and so on.
Learn more about the supply curve, here:
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Answer:
shows the relationship between the unemployment rate and the size of the negative GDP gap.
Explanation:
Okun's law focuses on the relationship that exists between unemployment and economic growth. It's states that the gross domestic product of a nation should grow at about 4% to result in an unemployment rate reduction of 1%.
So it follows that if unemployment rate rises there will be a negative gap in the GDP of a country.
Employed labour is needed to produce output that will grow the economy and the GDP.
However when unemployment increases there is less labour and low output level, resulting in reduction of GDP.
Answer:
$240,000
Explanation:
The computation of the gain to be recognized is shown below:
= Total Exchange value - net value
where,
Total exchange value equals to
= Fair value of equipment + cash received
= $480,000 + $120,000
=$600,000
And, the net value would be
= Estimated cost - accumulated depreciation
= $660,000 - $300,000
= $360,000
ow put these values to the above formula
So, the value would be equal to
= $600,000 - $360,000
= $240,000
Answer:
B. Create a criteria-based sharing rule.
Explanation:
Creating a criteria-based sharing rule will give the specified access based on criteria selected to certain individuals or teams within an organization. This rule basically determine what records to share based on field values other than ownership.