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LenaWriter [7]
2 years ago
13

THIS IS AN ECONOMICS QUESTION

SAT
1 answer:
Serhud [2]2 years ago
7 0

Answer:

Key points. A public good has two key characteristics: it is nonexcludable and nonrivalrous. These characteristics make it difficult for market producers to sell the good to individual consumers. Nonexcludable means that it is costly or impossible for one user to exclude others from using a good.

Explanation:

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Suppose that the annual federal deficit is $350 billion. Gross domestic product 'gdp', a measure of the size of the economy is $
larisa86 [58]

Based on the information the ratio between the deficit and gdp as a percentage is 2.41%.

<h3>Ratio between the deficit and gdp:</h3>

Using this formula

Ratio between the deficit and gdp=Annual federal deficit/Gross domestic product×100

Where:

Annual federal deficit=$350 billion

Gross domestic product=$14,500 billion

Let plug in the formula

Ratio between the deficit and gdp=$350 billion/$14,500 billion×100

Ratio between the deficit and gdp=2.41%

Inconclusion the ratio between the deficit and gdp as a percentage is 2.41%.

Learn more about ratio between the deficit and gdp here:brainly.com/question/4731320

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Montano1993 [528]
The answer should be A because the 2 is a negative 2 not a positive 2.
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