Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 11, 2024

When government revenue is less than government spending, the nation has a Select one: a. government budget deficit. b. trade deficit. c. government budget surplus.

When government revenue is less than government spending, the nation has a Select one: a. government budget deficit. b. trade deficit. c. government budget surplus. d. trade surplus

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International economics

Authors: Robert J. Carbaugh

13th Edition

978-1439038949, 1439038945, 978-8131518823

More Books

Students also viewed these Economics questions

Question

★★★★★

Technical Consumer Products, Inc. (TCP), makes and distributes energy efficient lighting products. Emily Bahr was TCP's district sales manager in Minnesota, North Dakota, and South Dakota when the...

Answered: 1 week ago

Question

★★★★★

Sierra Pacific Industries purchased various areas of timber and six other pieces of real property, including a ten-acre parcel on which five duplexes and two single-family units were located. Sierra...

Answered: 1 week ago

Question

★★★★★

38. Suppose Y is uniformly distributed on (0, 1), and that the conditional distribution of X given that Y = y is uniform on (0, y). Find E[X] and Var(X).

Answered: 1 week ago

Question

★★★★★

Judge Robert Smith is accused of being soft on crime, especially in cases involving white collar crimes like fraud and embezzlement. The judge has responded to the accusation by insisting that the...

Answered: 1 week ago

Question

★★★★★

Consider historical data showing that the average annual rate of return on the S&P 5 0 0 portfolio over the past 8 5 years has averaged roughly 8 % more than the Treasury bill return and that the S&P...

Answered: 1 week ago

Question

★★★★★

4 Jackson was just told that the expected return for Amazon stock was 25%, based on the CAPM. Assuming that the market return and the risk-free rate are 13% and 3%, respectively, what is the beta for...

Answered: 1 week ago

Question

★★★★★

The present value of a future amount was calculated to be R207,54 at a discount rate of 5% and the present value of the same future amount was calculated to be R183,30 at a discount rate of 6%. Use...

Answered: 1 week ago

Question

★★★★★

Use the data from the following file (Fish.csv) table pasted below for running linear regression. Weight Length1 Length2 Length3 Height Width 242 23.2 25.4 30 11.52 4.02 290 24 26.3 31.2 12.48 4.3056...

Answered: 1 week ago

Question

★★★★★

In the mechanism shown in Fig. 2.53, the crank AB, 70 mm long, rotates clockwise at 110 rev/min. CD is 140 mm long. Link BD is 260 mm long and slides through a swivelling pin E at the lower end of...

Answered: 1 week ago

Question

★★★★★

At January 1 , 2 0 2 4 , Brant Cargo acquired equipment by issuing a four - year, $ 1 5 0 , 0 0 0 ( payable at maturity ) , 6 % note. The market rate of interest for notes of similar risk is 1 2 % ....

Answered: 1 week ago

Question

★★★★★

A simulation of a major traffic intersection is to be conducted, with the objectives of improving current traffic flow. Provide three iterations, in increasing order of complexity, of steps 1 and 2...

Answered: 1 week ago

Question

★★★★★

Suppose we gather the following sample: X 40 30 11 26 41 33 28 10 30 48 Using this sample, calculate the upper bound for the 95% confidence interval. Hint: you'll need to find the critical value for...

Answered: 1 week ago

Question

★★★★★

Why is it desirable to allocate variable costs and fixed costs separately? LO1

Answered: 1 week ago

Question

★★★★★

The reciprocal method of allocation is more accurate than either the direct or sequential methods. Do you agree or disagree? Explain. LO1

Answered: 1 week ago

Question

★★★★★

How do joint costs differ from other common costs? LO1

Answered: 1 week ago

Previous Question Next Question