Question

Question 11 0.1 pts In 2013, the government of Qatar received $76.22 billion in tax revenue, while spending $51.53 billion. Ignoring interest payments on past debt and transfers, how much did the government borrow in 2013? (in billions, round to two decimal places)

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Government borrowing is the revenue of government minus tax revenue Govt.borrowing -govt.spending -tax revenue 51.53-76.22 --

Add a comment
Know the answer?
Add Answer to:
Question 11 0.1 pts In 2013, the government of Qatar received $76.22 billion in tax revenue,...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 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...

  • Suppose that in 2010 the government collected $200 billion in revenue and spent $170 billion, while...

    Suppose that in 2010 the government collected $200 billion in revenue and spent $170 billion, while in 2011 the government revenue increased to 5220 billion and its spending increased to $270 billion. If the government had a $400 billion debt at the beginning of 2010, how much debt would it have by the end of 20117 Select one: a. $420 billion b. 5430 billion C$440 billion O d. 5450 billion e. 5470 billion

  • Thank you The tables show the spending and revenue for Littleland in 2010. Use the tables...

    Thank you The tables show the spending and revenue for Littleland in 2010. Use the tables and other information to answer the questions Spending category Value (millions) enue category Value (millions) educatior welfare and Social Security health care defense payments on debt other S320 $890 $270 S120 $170* $240 income tax sales tax corporate tax social insurance $800 $270 $300 S340 GDP in 2010: $7.3 billion Total debt as of 2009: $3.5 billion Thi s payment covers total interest owed...

  • 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...

  • decrease in personal taxes from $100 billion to 580 billion will increase real GDP 11. If...

    decrease in personal taxes from $100 billion to 580 billion will increase real GDP 11. If the MPC -0.75, a decrease in person by A) $20 billion. B) $40 billion. C) $60 billion. D) $80 billion. Table 10.1 Consumption C - $1.0+ 0.80YD Investment $1.5 Government purchases $2.2 Net exports Taxes Government transfer payments $0 (all values are in billions of dollars) 2, 12. Refer to Table 10.1. Equilibrium real GDP for this economy is equal to A) $5.75 billion....

  • Suppose government spending was $3.90 trillion, tax revenue was $4.50 trillion, GDP was $14.08 trillion, and...

    Suppose government spending was $3.90 trillion, tax revenue was $4.50 trillion, GDP was $14.08 trillion, and total consumer spending was $10.60 trillion. Instructions: Round your answers to two decimal places and include a negative sign if necessary. a. If the economy has no exports or imports, what was the national savings? trillion. b. How much was public savings? $ trillion. c. How much was private savings? trillion.

  • Question 15 1 pts Price 16 -.... 70 100 Quantity The amount of tax revenue received...

    Question 15 1 pts Price 16 -.... 70 100 Quantity The amount of tax revenue received by the government is equal to $210. $420. $560 $980.

  • (11) The amount by which annual government spending exceeds annual government tax revenue is called the...

    (11) The amount by which annual government spending exceeds annual government tax revenue is called the deficit. the debt. the dividend. M1.          (12) Suppose a law was passed to authorize more spending on roads, but several months later the first dollar had not been spent. This delay is an example of a(n) recognition lag. political lag. administration lag. operational lag.          (13) Which of the following is an example of an unintended effect of fiscal...

  • This Question: 1 pt This Test: 50 pts possible Betore-tax cost of debt and after-tax cost...

    This Question: 1 pt This Test: 50 pts possible Betore-tax cost of debt and after-tax cost of debt David Abbot i bank, and to repay the koan he will make 360 monthly payments (principal and interest) of $1,161.11 per month over the next 30 years. David can s buying a new house, and he is taking out a 30-year mortgage. David will borrow $209,000 from a payments on his mortgage from his taxable income, and a. What is the before-tax...

  • Question 11 3 pts If $4,500 is invested at an annual rate of 8% compounded continuously,...

    Question 11 3 pts If $4,500 is invested at an annual rate of 8% compounded continuously, the future value at any time tin years) is given by S = 4,500e0.086, How long does it take for the investment to double? Round your answer to one decimal place. 8.7 years O 11.7 years 7.4 years O 9.0 years 8.6 years Question 12 3 pts The securities industry experienced dramatic growth in the last two decades of the 20th century. The following...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT