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

Other questions on the subject: Business

Business, 22.06.2019 06:30, brony2199

"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n. v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):

Answers: 1

continue

Business, 22.06.2019 09:50, shanedawson19

Is exploiting a distinctive competence or improving efficiency for competitive advantage. (a) cooptation (b) coalition (c) competitive intelligence (d) competitive aggression (e) smoothing

Answers: 1

continue

Business, 22.06.2019 16:50, bri663

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?

Answers: 2

continue

Business, 22.06.2019 18:00, slycooper99

During the holiday season, maria's department store works with a contracted employment agency to bring extra workers on board to handle overflow business, and extra duties such as wrapping presents. maria's is using during these rush times.

Answers: 3

continue

You know the right answer?

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