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Scorpion4ik [409]
3 years ago
7

The public debt for the economy is

Business
1 answer:
Paraphin [41]3 years ago
4 0
The public debt is the amount of money that a government owes to outside debtors. Public debt allows governments to raise funds to grow their economy or pay for services. Politicians prefer to raise public debt rather than raise taxes. When public debt reaches 77% of GDP or higher, the debt begins to slow growth.
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The process of developing budget estimates by requiring managers to estimate sales, production, and other operating data as thou
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Answer:

Zero based budgeting

Explanation:

Zero-based budgeting is a process of developing budget estimates by requiring managers to estimate sales, production, and other operating data as though operations were being initiated for the first time.

It is time consuming compared to other method of budgeting ( traditional).

Zero-based budgeting (ZBB) is a method of budgeting where income less expenditure is equal to zero.

It is a budgeting in which all expenses must be justified for each new period. It is detail-oriented.

Zero-based budgeting can be used to lower costs by avoiding blanket increases or decreases to a prior period's budget.

zero-based budgeting may be a rolling process done over several years.

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Consider the following scenarios:
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Suppose the federal government increases spending without also increasing taxes In a closed economy' setting this policy will (1
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