Answer:
The budget is a central policy document of government, showing how it will prioritise and achieve its annual and multi-annual objectives. Apart from financing new and existing programmes, the budget is the primary instrument for implementing fiscal policy, and thereby influencing the economy as a whole.
Answer:
c. equality
Explanation:
The production possibility frontier shows the two combinations of goods an economy can produce when all its resocurces are fully employed.
Production is efficient when the economy is producing on the production possibility frontier.
It shows what the amount of one good that has to be given up in order to produce one unit of the other good. Thus, it shows both opportunity cost and trade offs.
I hope my answer helps you.
Answer:
the price of the ticket should be $0.35/ticket
Explanation:
since each ticket in a lottery are equally likely to be chosen, we define the random variable P= gains from the lottery .Then the expected gain is :
E(P) = probability of getting the $5 prize * $5/ticket + probability of getting the $25 prize * $25/ticket + probability of getting the $100 prize * $100/ticket = 250/10000 * $5/ticket + 50/10000 * $25/ticket + 10/10000 * $100/ticket = $0.35/ticket
then if all lottery tickets have the same prize ( the lottery tickets are not segmented according to the prizes, where more expensive ticket is associated with the highest prize), then in order to break even the cost of the ticket should be the same that the revenue we get from it , thus
Cost of the ticket = revenue of the ticket = $0.35/ticket
Hope it helps ya! have a great day!♡︎ت︎
The answer to this question is <span>Internet Engineering Task Force
</span><span>Internet Engineering Task Force is a large community that consist of network designers, researchers, operators, etc.
</span>This community is 'open' in nature, which means everybody could join and contribute something to the community (without any oayment)