Homework Answers
ANSWER:-
(A) all federal government debt irrespective of who owns it.
Explain: Gross public debt is defined as the total amount of public or private financial liability of the country.in other words,all federal government debt irrespective of who owns it.
Add Answer to:
Gross public debt is O A. all federal government debt irrespective of who owns it. O...
Match the terms with their definition. Budget surplus Budget deficit Balanced budget Government debt Answer Bank whe...
Match the terms with their definition. Budget surplus Budget deficit Balanced budget Government debt Answer Bank when the government receives more in taxes than it spends in a given time period the total accumulated amount that the government has borrowed and not yet paid back over time when the federal government spends more than it collects in taxes in a given time period when government spending and taxes are equal
The table below shows hypothectical figures of revenue and spending for the Canadian government. For simplicity,...
The table below shows hypothectical figures of revenue and spending for the Canadian government. For simplicity, assume that all of the spending grants to other levels of government were spent in Canada on goods and services. Federal Government's Budget Plan for Fiscal Year ($billion) REVENUES OUTLAYS Personal income taxes $110 Transfers to persons $45 Corporate income taxes 24 Spending grants to other levels of government 48 Other income taxes 1 Public debt charges 31 GST and excise...
1. Government spending required by laws other than appropriation acts is also known as what? a....
1. Government spending required by laws other than appropriation acts is also known as what? a. Budget spending b. Mandatory spending c. Discretionary spending d. Deficit spending 2. Which of the following statements is true? a. Mandatory spending is determined by law and discretionary spending is determined by appropriation acts. b. Discretionary spending is determined by the president with advice from Congress, and mandatory spending is determined by the Supreme Court. c. Neither mandatory nor discretionary spending can be changed....
23. (1 pt) In 2015 the public debt was $18.2 trillion. Put this number in perspective...
23. (1 pt) In 2015 the public debt was $18.2 trillion. Put this number in perspective by relating the debt to GDP, to other countries' debt, to the amount of interest payments on the debt, and to ownership of the debt. In 2015 debt was about dramatically starting in 2008 because of massive annual budget deficits percent of GDP and the percentage (rose, fell) 24. (1pt.) Can the large public debt cause the nation to go bankrupt? Explain. The large...
1. If the state of Texas's government collects $127 billion in tax revenues in 2015 and...
1. If the state of Texas's government collects $127 billion in tax revenues in 2015 and total spending in the same year is $128.5 billion, the result will be a: A. budget deficit. B. budget surplus C. decrease in payroll tax. D. decrease in proportional taxes. 2. A government annually spends $7 billion of its total tax revenue to weather related disaster relief, $25 billion to healthcare and $13 billion to education. If the government's annual tax revenue is $132...
Since 1990, in how many years has the U.S. government had a budget surplus? Choose one: A. 0 B. 3 C. 4 D. 18 The Feder...
Since 1990, in how many years has the U.S. government had a
budget surplus?
Choose one:
A. 0
B. 3
C. 4
D. 18
The Federal Budget Deficit The U.S. federal government has run a budget deficit for almost the entire past hal-century. The graph below plots federal revenue against outlays as a percentage of GDP, a measurement that stays consistent as the size of the economy changes. Note that the deficit is particularly Ukely to increase during recessions, as...
Based on the below excerpt from an Economics textbook, please answer the question below the text:...
Based on the below excerpt from an Economics textbook, please answer the question below the text: Over the years, the federal government budget experiences imbalances. A budget deficit occurs when federal expenditures (including both spending on final goods and transfer payments such as social security benefits, welfare, unemployment benefits etc.) exceed tax revenues collected by the federal government for that fiscal (budget) year. A surplus occurs when the government collects more in taxes than it spends. For example, for four...
the government cuts tases or inereases government spending 20) ) the aggregate demand curve shifts to...
the government cuts tases or inereases government spending 20) ) the aggregate demand curve shifts to the right. tne long-run aggregate supply curve shifts to the left. C) the 20) When aggregate demand curve shifts to the left. the short-run aggregate supply curve shifts to the left. t spending without an accompanying increase 21) An increase in govenment spending n taxes demand A) does not increase aggregate B) would effectively eliminate an inflationary gap. Q mquires additional govemment borrowing spending...
The U.S. national debt has recently surpassed $22 trillion (see the attached file). How do you...
The U.S. national debt has recently surpassed $22 trillion (see the attached file). How do you feel the current government deficits and increase in the national debt will affect interest rates and the economy in the future? Are the government's actions the correct way to keep the economy going? National debt hits new milestone.pdf (179.059 KB) National debt hits new milestone, topping $22 trillion By MARTIN CRUTSINGER February 13, 2019 WASHINGTON (AP) — The national debt has passed a new...
12. The progressive income tax and transfer payments are the two main: A) automatic stabilizers. B)...
12. The progressive income tax and transfer payments are the two main: A) automatic stabilizers. B) monetary policy tools. C) long-run aggregate supply management tools. D) tools for balancing the budget. 13. Automatic stabilizers include all of the following EXCEPT: A) unemployment compensation benefits. B) welfare payments. C) national defense spending. D) tax revenues. 14. The implementation lag is: A) usually less than 12 months. B) the time it takes policymakers to recognize a problem. C) the time it takes...
Match the terms with their definition. Budget surplus Budget deficit Balanced budget Government debt Answer Bank when the government receives more in taxes than it spends in a given time period the total accumulated amount that the government has borrowed and not yet paid back over time when the federal government spends more than it collects in taxes in a given time period when government spending and taxes are equal
23. (1 pt) In 2015 the public debt was $18.2 trillion. Put this number in perspective by relating the debt to GDP, to other countries' debt, to the amount of interest payments on the debt, and to ownership of the debt. In 2015 debt was about dramatically starting in 2008 because of massive annual budget deficits percent of GDP and the percentage (rose, fell) 24. (1pt.) Can the large public debt cause the nation to go bankrupt? Explain. The large...
Since 1990, in how many years has the U.S. government had a
budget surplus?
Choose one:
A. 0
B. 3
C. 4
D. 18
The Federal Budget Deficit The U.S. federal government has run a budget deficit for almost the entire past hal-century. The graph below plots federal revenue against outlays as a percentage of GDP, a measurement that stays consistent as the size of the economy changes. Note that the deficit is particularly Ukely to increase during recessions, as...
Based on the below excerpt from an Economics textbook, please answer the question below the text: Over the years, the federal government budget experiences imbalances. A budget deficit occurs when federal expenditures (including both spending on final goods and transfer payments such as social security benefits, welfare, unemployment benefits etc.) exceed tax revenues collected by the federal government for that fiscal (budget) year. A surplus occurs when the government collects more in taxes than it spends. For example, for four...
the government cuts tases or inereases government spending 20) ) the aggregate demand curve shifts to the right. tne long-run aggregate supply curve shifts to the left. C) the 20) When aggregate demand curve shifts to the left. the short-run aggregate supply curve shifts to the left. t spending without an accompanying increase 21) An increase in govenment spending n taxes demand A) does not increase aggregate B) would effectively eliminate an inflationary gap. Q mquires additional govemment borrowing spending...
The U.S. national debt has recently surpassed $22 trillion (see the attached file). How do you feel the current government deficits and increase in the national debt will affect interest rates and the economy in the future? Are the government's actions the correct way to keep the economy going? National debt hits new milestone.pdf (179.059 KB) National debt hits new milestone, topping $22 trillion By MARTIN CRUTSINGER February 13, 2019 WASHINGTON (AP) — The national debt has passed a new...
12. The progressive income tax and transfer payments are the two main: A) automatic stabilizers. B) monetary policy tools. C) long-run aggregate supply management tools. D) tools for balancing the budget. 13. Automatic stabilizers include all of the following EXCEPT: A) unemployment compensation benefits. B) welfare payments. C) national defense spending. D) tax revenues. 14. The implementation lag is: A) usually less than 12 months. B) the time it takes policymakers to recognize a problem. C) the time it takes...
Most questions answered within 3 hours.
-
The price of 1 lb of potatoes is $1.75. If all the potatoes sold
today at...
asked 24 minutes ago -
Garcia Company issues 20.00%, 15-year bonds with a par value of
$470,000 and semiannual interest payments....
asked 22 minutes ago -
In C++ Programming, Try using loops only.
This lab demonstrates the use of the While Loop...
asked 1 hour ago -
Effect of DCMU and sodium azide on Chlamydomonas? We did an
experiment where we had Chlamydomonas...
asked 1 hour ago -
1a) According to the ideal gas law, _______________.
a. a gas has infinite volume at absolute...
asked 3 hours ago -
Oakdale Fashions, Inc. had $245,000 in 2018 taxable income.
Using the tax schedule in Table 2.3...
asked 3 hours ago -
The marketing class at CSUS had an average score of 150. An
educational analyst determined that...
asked 5 hours ago -
Justin Case has purchased a $250 000 home by putting 20 % down
and taking out...
asked 5 hours ago -
1. In a labor market, marginal cost for a firm is
____________.
a. recruiting cost
b....
asked 5 hours ago -
On January 1, 2019, ABC Company issued $60,000,000 of 20-year,
10.5% bonds when the market rate...
asked 6 hours ago -
39.4% of US homes continue to use a landline in addition to cell
phone service. 3...
asked 6 hours ago -
Starting with benzene, synthesize 1-phenyl-1-butyne.
Show intermediates and reagents.
asked 7 hours ago