Homework Answers
The percent of GDP that the debt represent is more important because it will then indicate the ability of the government to repay it's debt out of the generating GDP. Absolute size of the government debt does not reflect this ability.
Add Answer to:
6-3 What is more important, the absolute size of government debt in dollars or the per cent of GDP that the debt repres...
Explain in one sentence why the government debt as a % of the GDP is more...
Explain in one sentence why the government debt as a % of the GDP is more than 100% in 2017 using OECD data and less than 30% using the data of the Department of Finance, Canada.
1. GDP - annual debt 2. government spending - tax revenue >0 3.government spending - tax...
1. GDP - annual debt
2. government spending - tax revenue >0
3.government spending - tax revenue <0
4. annual debt/GDP
5 annual deficit/GDP
6. total debt - debt held by us households and institutions
==================================================
A budget deficit is government spending in excess of what?
A.. tax revenues
B. real GDP
C. household spending
D. consumption
================================================
What would happen to the cyclical deficit if the GDP growth rate
jumped from 2 percent to 4 percent?
A.decrease in deficit...
A heavily indebted government may end up in a vicious circle, where higher interest rates and lower growth exacerbate the debt burden.
A heavily indebted government may end up in a vicious circle, where higher interest rates and lower growth exacerbate the debt burden.a. Derive an expression for how the change in the government debt-to-GDP ratio depends upon the primary deficit (relative to GDP), the earlier debt-to-GDP ratio, the interest rate and the GDP growth rate.b. By how much will the government debt ratio increase in a year if the outstanding debt is 100 per cent of GDP, the primary deficit 10...
National Debt: The size of the total debt by the United States Federal government continues to...
National Debt: The size of the total debt by the United States Federal government continues to grow in fact according to the department of the treasury the debt per person living in the United States is approximately $53,000. The following data represents the US debt for the years 2001 through 2013 since the debt D depends on the year why and each and put corresponding to be exactly one output the debt is a function of the year so D(Y)...
1. In a given year, say the U.S. GDP is 18 trillion dollars and the Mexican...
1. In a given year, say the U.S. GDP is 18 trillion dollars and the Mexican GDP is 19 trillion pesos. What would you need to be able to compare the two GDP figures to know which economy is more productive? Why? 2. Say Germany's GDP is $4,000 billion and its population is 79 billion. What is Germany's per capita GDP? 3. Which of the following are included in GDP. If they are not included, explain why not. a. the...
6. Suppose that a country has no public debt in year 1 but experiences a budget...
6. Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion in year 1, a budget deficit of $20 billion in year 2, a budget surplus of $10 billion in year 3, and a budget deficit of $2 billion in year 4. What is the absolute size of its public debt in year 4? If its real GDP in year 4 is $104 billion, what is this country's public debt as...
For BUSC 1A Chapter 7 (6) Homework: Macroeconomic Measurements, Part II: GDP and Real GDP (Ch...
For BUSC 1A Chapter 7
(6)
Homework: Macroeconomic Measurements, Part II: GDP and Real GDP (Ch 07) Consider a simple economy that produces two goods: apples and oranges. The following table shows the prices and quantities of the goods over a three-year period Apples Oranges Price Quantity (Number of apples) 150 135 110 Price Quantity (Number of oranges) 160 230 165 (Dollars per apple) (Dollars per orange) Year 2010 2011 2012 4 4 Use the information from the previous table...
Please answer all five parts Consider the following table: GDP per capita (constant dollars) India USA...
Please
answer all five parts
Consider the following table: GDP per capita (constant dollars) India USA 470 1985 32,300 1995 38,680 650 2005 48,760 1,010 2015 51,490 1,810 1. (9 points) Fill in the table below. Annualized growth rate India USA 1985 to 1995 1995 to 2005 2005 to 2015 (3 points) Output per person is close to output per hour. What do we call output per hour? 2. 3. (3 points) What are the three components that determine long...
Questions 3 & 4 are more important. Explain consumer and producer surplus and provide an exa...
Questions 3 & 4 are more important. Explain consumer and producer surplus and provide an example of each. What happens to the consumer surplus and producer surplus when price increases or decreases? Explain the relationship between the tax size and deadweight loss. When tax causes deadweight loss then why it is imposed in the first place? Who gains in this situation? Also if tax has to be imposed how to determine what size of tax will generate optimum tax revenue...
1.. Which is a more accurate way to compare GDP over time? 2. What happens during the expansion p...
Help me please :)
1.. Which is a more accurate way to compare GDP over time? 2. What happens during the expansion phase of a business cycle? 3. What happens during the contraction phase of a business cycle? 4. List two synonyms for the contraction phase of a business cycle. 5. Why is unemployment an important tool in identifying which stage of the business cycle the economy is in? 6. What are the weaknesses of using the unemployment rate as...
1. GDP - annual debt
2. government spending - tax revenue >0
3.government spending - tax revenue <0
4. annual debt/GDP
5 annual deficit/GDP
6. total debt - debt held by us households and institutions
==================================================
A budget deficit is government spending in excess of what?
A.. tax revenues
B. real GDP
C. household spending
D. consumption
================================================
What would happen to the cyclical deficit if the GDP growth rate
jumped from 2 percent to 4 percent?
A.decrease in deficit...
National Debt: The size of the total debt by the United States Federal government continues to grow in fact according to the department of the treasury the debt per person living in the United States is approximately $53,000. The following data represents the US debt for the years 2001 through 2013 since the debt D depends on the year why and each and put corresponding to be exactly one output the debt is a function of the year so D(Y)...
6. Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion in year 1, a budget deficit of $20 billion in year 2, a budget surplus of $10 billion in year 3, and a budget deficit of $2 billion in year 4. What is the absolute size of its public debt in year 4? If its real GDP in year 4 is $104 billion, what is this country's public debt as...
For BUSC 1A Chapter 7
(6)
Homework: Macroeconomic Measurements, Part II: GDP and Real GDP (Ch 07) Consider a simple economy that produces two goods: apples and oranges. The following table shows the prices and quantities of the goods over a three-year period Apples Oranges Price Quantity (Number of apples) 150 135 110 Price Quantity (Number of oranges) 160 230 165 (Dollars per apple) (Dollars per orange) Year 2010 2011 2012 4 4 Use the information from the previous table...
Please
answer all five parts
Consider the following table: GDP per capita (constant dollars) India USA 470 1985 32,300 1995 38,680 650 2005 48,760 1,010 2015 51,490 1,810 1. (9 points) Fill in the table below. Annualized growth rate India USA 1985 to 1995 1995 to 2005 2005 to 2015 (3 points) Output per person is close to output per hour. What do we call output per hour? 2. 3. (3 points) What are the three components that determine long...
Help me please :)
1.. Which is a more accurate way to compare GDP over time? 2. What happens during the expansion phase of a business cycle? 3. What happens during the contraction phase of a business cycle? 4. List two synonyms for the contraction phase of a business cycle. 5. Why is unemployment an important tool in identifying which stage of the business cycle the economy is in? 6. What are the weaknesses of using the unemployment rate as...
Most questions answered within 3 hours.
-
How do you obtain the discount rate for an international capital
budgeting problem?
asked 10 seconds ago -
Would you hire a white hat hacker or black hat hacker? What are
the pros and...
asked 57 seconds ago -
Hi, please read the entire problem.
I need help with the BusOrder class and test for...
asked 1 minute ago -
The CFO is conducting a meeting and she says "we shouldn't
accept this project because we...
asked 3 minutes ago -
Hello, regarding the photoelectric effect I had a couple
questions:
Red light is shining on a...
asked 17 minutes ago -
build a sample navigation Sprite in css ?
asked 16 minutes ago -
Please write a C# program for an concert sale with the
requirements below in Console Form:...
asked 19 minutes ago -
use linux follow instructions , put the commands at each step
and screenshot at each step...
asked 32 minutes ago -
Suppose producer’s production function let q(K, E) =
K0.5E0.5
Suppose producer’s cost function if w=w’ and...
asked 28 minutes ago -
Using the information given below for the fictitious country
"Alpha," find the national saving rate.
...
asked 19 minutes ago -
What is the advantage(s) of using iPS instead of ES cells for stem
cell therapies?
asked 29 minutes ago -
1. The return on assets
(ROA) for XYZ Hospital Systems Inc, below, for the year 20XX
was...
asked 31 minutes ago