Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion in year 2, a budget surplus of $10 billion in year 3, and a budget deficit of $2 billion in year 4. Instructions: Enter your answers as whole numbers. For the absolute size of its public debt, enter your answer as a positive number. a. What is the absolute size of its public debt in year 4? b. If its real GDP in year 4 is $104 billion, what is this country’s public debt as a percentage of real GDP in year 4?
Answers: 1
Business, 22.06.2019 03:10, samantha636
On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,000 ($7,500,000 × 8% × ½), receiving cash of $7,740,000. journalize the first interest payment and the amortization of the related bond premium. round to the nearest dollar. if an amount box does not require an entry, leave it blank.
Answers: 3
Business, 22.06.2019 11:10, nataliahenderso
Which feature is a characteristic of a corporation?
Answers: 1
Business, 22.06.2019 21:40, mackenziemelton26
Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.
Answers: 3
Suppose that a country has no public debt in year 1 but experiences a budget deficit of $40 billion...
Mathematics, 24.04.2021 21:50
Chemistry, 24.04.2021 21:50
English, 24.04.2021 21:50
Chemistry, 24.04.2021 21:50
Mathematics, 24.04.2021 21:50
Mathematics, 24.04.2021 21:50