What is a government budget deficit? Why are macroeconomists concerned with budget deficits?
Question:
What is a government budget deficit? Why are macroeconomists concerned with budget deficits?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
A government budget deficit occurs when a governments expenditures exceed its revenues within a specified period typically a fiscal year In other word...View the full answer
Answered By
Zablon Gicharu
I am an educator who possesses the requisite skills and knowledge due to interacting with students for an extended period. I provide solutions to various problems in step-by-step explanations, a well-thought approach and an understandable breakdown. My goal is to impart more straightforward methodologies and understanding to students for more remarkable achievements.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Terms of a 7,000 loan are as follows: 60 equal month to month payments starting at the end of the first month, 8% nominal interest rate convertible monthly An alternative is offered: Monthly payments...
-
1. In the classical model, it is thought that the long-run: A. and short-run aggregate supply curves are both upward sloping. B. aggregate supply curve is vertical and the short-run aggregate supply...
-
Why trade deficits arent so bad October 4, 2018 11.49am EDT Get our newsletter 5/19/2021 Why trade deficits aren't so bad https://theconversation.com/why-trade-deficits-arent-so-bad-104358 2/5 For...
-
import java.util.ArrayList; import java.util.Map; import java.util.Set; import java.util.TreeMap; /* * * This class contains a map of string keys, representing professors, to an array list of...
-
When a CPA performs an Audit the Client is always looking to receive a "CLEAN OPINION" or an Unqualified Opinion. Explain what your client must do for a CPA to justify that Unqualified Opinion?
-
Some relevant database tables and attributes are presented in the figure designated Problem 12 on the following page. Required a. Create a database authorization table for an accounts payable clerk....
-
There are two propositions: (a) I flip a coin. If it is heads, you are paid \$3; if it is tails, you are paid \(\$ 0\). It costs you \(\$ 1\) to participate in this proposition. You may do so at any...
-
Oregon Company disclosed the following information for its recent calendar year. Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100,000 Expenses Salaries expense . . . . . . . . ....
-
Decomposition of Vectors Question 1 Let u = (0) (5 points) 3 and v = -2 2 (a) (2 points) decompose u into two perpendicular vectors u = uu, such that u|| is parallel to v. (b) (2 points) decompose v...
-
Explain the difference between fiscal policy and monetary policy. What are some of the reasons these macroeconomic policies are used?
-
What is a nations saving rate and why is it an important concern for macroeconomists?
-
(Read the "Newspapers and 1 heir Price Elasticity" section in Appendix 4A before answering the question.) What is the arc demand elasticity for the London Times? What happened to revenue as a result...
-
Forensic accounting is interesting to me because it demands an analytical approach beyond the numerical data to unveil any potential criminal activity. Presently, I am employed at a bank where I have...
-
Create a discussion post to share with your classmates about a few tips or tricks that help you prepare for an interview.If you have not yet experienced an interview, feel free to discuss strategies...
-
You're trying to save to buy a new $175,000 Ferrari. You have $53,000 today that can be invested at your bank. The bank pays 2.9 percent annual interest on its accounts. How long will it be before...
-
Given the following information, calculate the effective gross income multiplier. Sale price: $950,000 Potential Gross Income: $250,000 Vacancy and Collection Losses: 10% Miscellaneous Income: $50,000
-
Suppose you estimate that a company's enterprise value is $150 million. If it has $20 million debt outstanding, $5 million in cash, and there are 10 million shares outstanding, what's the estimated...
-
Write out the equation for the Capital Market Line (CML), and draw it on the graph. Interpret the (CML). Now add a set of indifference curves, and illustrate how an investors optimal portfolio is...
-
Refer to the table to answer the following questions. Year Nominal GDP (in billions) Total Federal Spending (in billions) Real GDP (in billions) Real Federal Spending (in billions) 2000 9,817 578...
-
You are considering buying a bond that matures in 10 years from today. The par value of the bond is $10,000 and the coupon rate is 7%. If the current market interest rates are 5%, what is the bond...
-
Why do commercial paper securities mature within 270 days or less?
-
How does the Federal Reserve control interest rates on Fed funds? How are interest rates settled on Fed funds?
-
Equivalent Capacitance - 4 5 Calculate the equivalent capacitance between points a and b in the combination of capacitors shown in the figure below (in F). Use C = 3.92 F, C = 7.16 F, C3 = 5.15 F and...
-
Calculate the mass flow rate of R-134a through the low-pressure and high-pressure evaporators, each in kg/s. (b) Determine the mass flow rate, in kg/s, specific enthalpy, in kJ/kg, and temperature,...
-
How much torque would the shoulder muscle group in the image need to exert to hold the arm in a static position, if the weight in the hand is 20kg and the total length of the arm is 0.75m? Gravity =...
Study smarter with the SolutionInn App