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Iteru [2.4K]
3 years ago
14

Which statement does not describe a difference between government and household budgets? In the short term, economists would exp

ect the budget deficits and surpluses to fluctuate up and down with the economy and the automatic stabilizers. Most economists view the proposals for a perpetually balanced budget with bemusement. Most economists agree with the proposals for a perpetually balanced budget. Economic recessions should automatically lead to larger budget deficits or smaller budget surpluses, while economic booms lead to smaller deficits or larger surpluses.
Business
1 answer:
goldenfox [79]3 years ago
5 0

Answer:

Most economists view the proposals for a perpetually balanced budget with bemusement

Explanation:

A balanced budget is a budget where at the end of every year, revenue must equal expenditure. this type of budget can magnify the business cycle. This types of budget contrasts with a cyclically balanced budget

A Cyclically balanced budget is when in a recession, the government makes use of expansionary fiscal policy and in a boom, the government makes use of a contractionary fiscal policy to stabilise the economy. So, in a recession, deficits would be higher and in an expansion, surplus would be higher.

Government sector deficit occurs when government spending exceeds income of the government.

When deficit increases, debt increases. This is because a deficit would need to be funded by additional borrowing

When there is a surplus, government spending is less than the income of the government.

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3 years ago
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Identification of problems is challenging. What portion of an MIS system would make managers aware of promotions that are cannib
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Internal reports system.

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3 years ago
When conducting a formal marketing/sales event, there are elements that you must cover in order for your presentation to be comp
fredd [130]

There are several elements that need to be covered when conducting a formal marketing/ sales event except A. providing a list of plans that have the same star rating.

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A complete plan presentation should also be provided to ensure that consumers know what they are getting into.

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3 0
2 years ago
On December 31, 1991, Jet Co. received two $10,000 notes receivable from customers in exchange for services rendered. On both no
aleksklad [387]

Answer:

Hart Corp.'s note should be reported at $10,000

Maxx Inc.'s note should be reported at $7,883

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Interest bearing notes that represent current accounts (due within one year) should be reported at face value. Hart Corp.'s note is due in nine months, so it should be reported at = $10,000

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3 years ago
The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ratio, respectively. Before li
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b.
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3 years ago
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