In the year to April 2016, the U.S. budget deficit increased to $511 billion, up from $460
Question:
In the year to April 2016, the U.S. budget deficit increased to $511 billion, up from $460 billion a year earlier.
Explain the effect of a large federal deficit and debt on economic growth.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
Compared to a balanced budget a large federal deficit and debt increases th...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
-
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...
-
Use the data from question 13 to produce a cumulative frequency graph and a cumulative relative frequency graph. Question 13 An advertising executive is interested in the age distribution of the...
-
Barnish Corporation issued the following statement of cash flows for 2012. (a) Compute free cash flow for Barnish Corporation. (b) Explain why free cash flow often provides better information than...
-
Find the slope and y-intercept of the line with the given equation and sketch the graph using the slope and y-intercept. A calculator can be used to check your graph. y = 4x
-
Assume the expected inflation rate in China to be 4.5 percent. If the current real rate of interest is 6.5 percent, what is the nominal rate of interest?
-
Raquel is an employee of Jones Company and owns a 30% interest in the company. Her salary is $44,000. She also receives a $10,000 cash distribution from Jones. During the current year, Joness...
-
123456 7 8 Define plant location. Define product layout and process layout. What are the methods of production? Define work study. What do you mean by method study and time study? Explain inventory...
-
1. In the United States today, which of the items in List 1 are money? 2. In January 2016, currency held by individuals and businesses and travelers checks were $1,347 billion; checkable deposits...
-
Economists in the Statistics Bureau decide to check the CPI substitution bias. To do so, they conduct a Consumer Expenditure Survey in both 2015 and 2016. Table 1 shows the results of the survey. It...
-
Compute the value of P A G dL for G = 2ya x with A(1,1, 2) and P(2, 1, 2) using the path (a) Straight-line segments A(1,1, 2) to B(1, 1, 2) to P(2, 1, 2); (b) Straight-line segments A(1,1, 2) to...
-
Kurta Company Ltd. has a budget of $10 million for new projects. The projects are independent and have the following costs and profitability indexes associated with them: a. Make your selection under...
-
Alfa trading operates a quite successful chain of milk products and tea houses across the South Caucasus, Alfa plans to expand in Ukraine and Moldova, so it needs to raise some funds. The Companys...
-
Sapphire Ltd has a complex capital structure that includes both ordinary shares and potential ordinary shares. Sapphire Ltd reported the following net profit and dividends information for the current...
-
On 1 January 20x1, ACE Corporation introduced a share appreciation rights (SARs) plan for 20 selected senior managers. Under the plan, each manager was granted 10,000 share appreciation rights, which...
-
Star Corporation is a provider of computer software and IT services in two large regions of Easter Europe. The company uses 12 percent to evaluate investments; however, due to latest developments it...
-
If the firms required rate of the return is 14 percent what is the NPV of the following project Year cash flow 0 ............75.000 1 ............50.000 2 ............40.000
-
When a company has a contract involving multiple performance obligations, how must the company recognize revenue?
-
Table 1 shows Robinson Crusoes production possibilities. 1. What is his opportunity cost of a pound of berries when Crusoe increases the quantity of berries from 21 pounds to 26 pounds and production...
-
1. Describe the flows in the circular flow model in which expenditure on consumption goods and services, purchases of new national defense equipment, and payments for labor services appear. Through...
-
1. Describe the flows in the circular flow model in which expenditure on consumption goods and services, purchases of new national defense equipment, and payments for labor services appear. Through...
-
High frequency trading (HFT) accounts for roughly half of all equity trades in the U.S. and Europe. Group of answer choices True False
-
Jia works as an assistant to the owner of a large construction company. The owner has requested that Jia prepare a report, and Jia finds a report online that covers the exact material needed for the...
-
CASE STUDY: ABC APARTMENTS Property Type Multifamily Number of Units 100 Buyer Purchase Price $15,000,000 Purchase Date 12/31/2015 Buyer Mortgage Amount 75% of the purchase price Mortgage Term 20...
Study smarter with the SolutionInn App