Business, 19.03.2020 22:51 alarconanais07

Assume a country’s nominal GDP is $650 billion, government expenditures less debt service are $165 billion, and revenue is $160 billion. The nominal debt is $400 billion. Inflation is 7 percent and interest rates are 5 percent. Instructions: Enter your responses rounded to decimal place. To indicate a deficit, be sure to use a negative (-) sign before the value. a. Calculate debt service payments. $ billion b. Calculate the nominal deficit or surplus. Add a negative sign before the value to indicate a deficit. $ billion c. Calculate the real deficit or surplus, placing a negative sign in front of the value if it is a deficit. $ billion

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 20:40

Which of the following best explains how the invention of money affected the barter system? a. the invention of money supplemented the barter system by providing a nonperishable medium of exchange b. the invention of money completely replaced the barter system with a free-market system c. the invention of money had no effect on the barter system d. the invention of money drastically reduced the value of goods used in the barter system 2b2t

Answers: 3

Answer

Business, 22.06.2019 10:00

Frolic corporation has budgeted sales and production over the next quarter as follows. the company has 4100 units of product on hand at july 1. 10% of the next months sales in units should be on hand at the end of each month. october sales are expected to be 72000 units. budgeted sales for september would be: july august september sales in units 41,500 53,500 ? production in units 45,700 53,800 58,150

Answers: 3

Answer

Business, 22.06.2019 14:30

Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.

Answers: 1

Answer

Business, 22.06.2019 19:20

Six years ago, an 80-kw diesel electric set cost $160,000. the cost index for this class of equipment six years ago was 187 and is now 194. the cost-capacity factor is 0.6. the plant engineering staff is considering a 120-kw unit of the same general design to power a small isolated plant. assume we want to add a precompressor, which (when isolated and estimated separately) currently costs $13291. determine the total cost of the 120-kw unit. (hint: skip $ and comma symbols)

Answers: 3

Answer

You know the right answer?

Assume a country’s nominal GDP is $650 billion, government expenditures less debt service are $165 b...

Questions