A National Debt is the amount of money obtained by one country from another that has not been paid. This can effect a country by means of loss of land actually owned, or it can cause agencies (e.g. Social Security Administration) to be cut on their budget. Meaning the agency to be cut of operational funding will loose a certain amount of funding until funds are found. Normally multiple agencies are cut to obtain some of the money to pay back the debt but this can really hurt agencies for reasoning of staffing as well as other operational costs. Hope this helps!
Answer: The correct option therefore is > upward sloping
Explanation:
When resources are limited in quantity, the cost of production would increase. Hence, in the long run, the supply curve will be upward sloping.
Answer:
The answer is: $39,000
Explanation:
The gross domestic products includes all the production of final and legal goods or services. These final products can be sold or held in inventory.
In this case, the GDP should include the $20,000 car sold to Emily and the $19,000 that correspond to the car held on finished inventory.
Answer:
REDISTRIBUTION
Explanation:
Redistribution of assets and income can be defined as social mechanism like taxes, education, healthcare, government services, political reform, fiscal policy, confiscation, separation or tort rule is the redistribution of wealth and income from some persons to others.
The phrase's meanings differ, based on private experiences, political philosophies and limited statistical usage. In politics, it is often said, probably referring to supposed transfers of wealth from those with more to those who have less.
Answer:
0.88 year and 1 year
Explanation:
The computation of the payback period for Payback period for Project A and Project B is shown below:
Payback period = Initial investment ÷ Net cash flow
For Project A
Initial investment = $22,000
Year 1 = $25,000
Since the initial investment is less than the annual cash flows so the payback period is
= 0 years + ($22,000 ÷ $25,000)
= 0.88 years
For Project B
Initial investment = $22,000
Year 1 = $22,000
So, the payback period is
= $22,000 ÷ $22,000
= 1 year
