Homework Answers
Ans - A) The amount central government has to borrow in a given year.
Explanation:
Public-sector net cash requirement (PSNCR) is the precise amount
the public sector requires to borrow in any one year. It is
therefore the annual deficit of the public sector and the amount it
must borrow.
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15. The public sector net cash requirement is defined as: A. The amount central government has...
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To move from gross public debt to net public debt, subtract A) the amount owed to...
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27. A budget deficit is best defined as the a. shortage of spending power created by...
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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....
Assume that there are no excess reserves in the banking system when the reserve requirement 20%...
Assume that there are no excess reserves in the banking system when the reserve requirement 20% The purchase of $10.000 in U.S government securities by the Fed from Academy National Bank has the potential to ultimately increase the money supply by a- 2,000 b-8,000 c-10,000 d-20,000 e- 50,000
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Explain how each of the following will affect the net public debt, other things being equal. a. Previously, the government operated with a balanced budget, but recently there has been a sudden increase in federal tax collections b. The government had been operating with a very small annual budget deficit until three hurricanes hit the Atlantic Coast, and now government spending has risen substantially. c. The Government National Mortgage Association, a federal government agency that purchases certain types of home...
Consider the addition of the government sector in the Solow model which has depreciation of the...
Consider the addition of the government sector in the Solow model which has depreciation of the capital stock and a growing population. Suppose that a government purchases goods in the amount of b per worker every year; therefore, with t workers in year t, total government purchases are bNt The government is required to balance its budget and therefore tax revenue in year t (T) equals total government purchases. Total national saving, St, is given by the following where Yǐ...
Here is major macro economic indicators of the economy from 2009 to 2016. 2009 2016 4.3%...
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Here is major macro economic indicators of the economy from 2009 to 2016. 2009 2016 43%...
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⒈ When the government runs a budget surplus, it uses the funds to A) decrease public...
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Gross public debt is O A. all federal government debt irrespective of who owns it. O B. the total value of budget deficits plus budget surpluses over the past five years. O C. an excess of government spending over government revenues during a given time period. O D. a situation in which the government's spending is exactly equal to the total taxes and other revenues it collects during a given time period. Click to select your answer.
Consider the addition of the government sector in the Solow model which has depreciation of the capital stock and a growing population. Suppose that a government purchases goods in the amount of b per worker every year; therefore, with t workers in year t, total government purchases are bNt The government is required to balance its budget and therefore tax revenue in year t (T) equals total government purchases. Total national saving, St, is given by the following where Yǐ...
Here is major macro economic indicators of the economy from 2009 to 2016. 2009 2016 4.3% 0.2% Real GDP growth rate Unemployment rate inflation Tax revenues (% of GDP) National Debt to GDP ratio 10% 1.2% 19% 127% 23% -0.8% 27% 180% Government spending over that past decade has remained stable around 20% of GDP. Which of the following policies do you think is best for reversing the current situation? Consider the implications on economic activities of all choices and...
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