The $400 billion deficits of 2005 were a. Accurately forecast by the Office of Management and Budget
Question:
The $400 billion deficits of 2005 were
a. Accurately forecast by the Office of Management and Budget in 2000.
b. Accurately forecast by the Office of Management and Budget in 2002.
c. Accurately forecast by the Office of Management and Budget in 2003.
d. Much higher than the any previous Office of Management and Budget forecast.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 54% (11 reviews)
d Much higher than the any previous Office of Management and Budget foreca...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The Enterprise Standard Industrial Classification (SIC) coding scheme, a published classification of firms into separate industries, is commonly used in practice. SIC codes permit identification of...
-
The U.S. Office of Management and Budget has estimated that the tax-exempt status of fringe benefits such as pensions and group insurance reduced tax revenue to the Treasury by about $350 billion in...
-
Suppose that in an economy, investment is $400 billion, saving is $400 billion, tax revenues are $500 billion, exports are $300 billion, and imports are $200 billion. Calculate government expenditure...
-
The Acme Insurance Company purchased a five-year bond whose interest rate floats with LIBOR. Specifically, the interest rate in a given year is equal to LIBOR plus 200 basis points. At the same time...
-
List three generally accepted business practices that are inconsistent with a Christian Worldview as defined in the Bible. How should a Christian deal with/react to these practices? What constraints...
-
Bayerische Motoren Werke (BMW) (www.bmw.com) is one of the leading manufacturers of premium passenger cars and motorcycles in Europe. Although car buyers are extremely familiar with the BMW brand,...
-
Don Griffin worked as an accountant at a local accounting firm for five years after graduating from college. Recently, he opened his own accounting practice, which he operates as a corporation. The...
-
Warner Motors's stock is trading at $20 a share. Call options that expire in three months with a strike price of $20 sell for $1.50. Which of the following will occur if the stock price increases...
-
Companies are coming up with creative ways to get market research. The opening example in our text was about Sampling Lab in Portland. Do some of your own research and share a creative way that a...
-
A quarterback on a football team has a pass completion rate of 0.62. If, in a given game, he attempts 16 passes, what is the probability that he will complete (a) 12 passes? (b) More than half of his...
-
The benefits of income inequality are a. Always greater than the costs. b. Always less than the costs. c. Associated with rewarding hard work and work that society values. d. Associated with the...
-
Social discord resulting from income inequality can be lessened if there is (are) a. High levels of inter-generational income mobility. b. High levels of income mobility of individuals. c. Belief...
-
One of the beams of an interferometer (Fig. 24-61) passes through a small evacuated glass container 1.155 cm deep. When a gas is allowed to slowly fill the container, a total of 158 dark fringes are...
-
The gender pay gap in the UK has come under fresh scrutiny after Carrie Gracie resigned as the BBCs China editor, accusing the broadcaster of a secretive and illegal pay culture that systematically...
-
As the Peoples Republic of China evolves toward a market economy, capital markets will begin to displace the government as the primary source of funds for investment. Nevertheless, the Chinese...
-
You are the CEO of XO, a bulk chemical producer and processor. XO is generating quite a lot of free cash flow that cannot be profitably invested domestically. You are looking to expand XOs operations...
-
Compare the curriculum of your educational program with the description of the curriculum in this introduction. Which prerequisites are missing in your program? Which advanced courses are available?
-
In a factory near the town of Cholet, some 50km from Nantes in the west of France, large blocks of clay are being shaped, dried out and finally fired in a kiln at 1,000 degrees centigrade. These...
-
For the year ending December 31, 2020, Soto Inc. reports net income $170,000 and cash dividends $85,000. Determine the balance in retained earnings at December 31, assuming the balance in retained...
-
Refrigerant R-12 at 30C, 0.75 MPa enters a steady flow device and exits at 30C, 100 kPa. Assume the process is isothermal and reversible. Find the change in availability of the refrigerant.
-
If a company sells its products only from a website, which is accessible over the Internet to customers from all over the world, does it still need to worry about having a specific ta r get market?...
-
Explain, in your own words, what each of the four Ps involves.
-
Evaluate the texts statement, A marketing strategy sets the details of implement a tion.
-
A particle of mass m = 10Mev and charge is subjected to a one-dimensional potential 9 2 Mev ey(x) = 1-kx with k = 1 Study 2 fm the correction that energy levels undergo when the particle is subjected...
-
Grouper, Inc. has budgeted direct materials purchases of $410,000 in March and $505,000 in April. The company policy is to pay for 60% of purchases in the month of purchase and the remaining 40% in...
-
Question 1: Under the wage-bracket method for an employee who completed the 2021 Form W-4, what would the federal income tax withholding be if he/she is single, works one job, and has a weekly...
Study smarter with the SolutionInn App