Over the past year, Ionia's money supply decreased by $1 billion, $3 billion in bonds were sold to the public, an unused military base was sold for $5 billion, and the government spent $20 billion. Ionia had a budget surplus. deficit. Determine the amount of Ionia's budget deficit or surplus. $ billion Determine the amount of Ionia's tax revenue for the year.

Answers

Answer 1

1. Based on the information given Ionia had a budget deficit.

2. The amount of Ionia's budget deficit or surplus is $9 billion.

3. The amount of Ionia's tax revenue for the year is $11 billion.

1. Based on the information given Ionia had a budget deficit because the amount spent higher than the revenue.

2. Ionia's budget deficit or surplus

Budget deficit or surplus=$1 billion+$3 billion+$5 billion

Budget deficit or surplus=$9 billion

3. Tax revenue

Tax revenue= $20 billion-($1 billion+$3 billion+$5 billion)

Tax revenue-$20 billion-$9 billion

Tax revenue=$11 billion

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Answer 2

Answer:

A deficit of $7 Billion

Tax revenue of $13 Billion

Explanation:

Much like a cash‑strapped individual may run up a credit card bill or sell a TV set, governments must borrow or sell assets to cover a budget deficit. The government budget constraint summarizes these options.

−=ΔM+ΔB+ΔA

In the equation, is government spending, is tax revenue, ΔM is changes in the money supply, ΔB is bonds sold to the public, and ΔA is assets sold. If government bonds are sold to another government agency, the money supply increases by that amount. If is greater than , there is a budget deficit and the budget constraint will be a positive number.

As the numbers show, Ionia has a deficit of $7 billion.

−=ΔM+ΔB+ΔA= −$1 billion+$3 billion+$5 billion=$7 billion

Use this deficit and Ionia's government spending of $20 billion to determine tax revenue.

−=$7 billion

=−$7 billion=$20 billion−$7 billion=$13 billion


Related Questions

Briefly explain 2 functions of an offcice

Answers

Answer:

An office is the center point of organization. ... The office performs a clerical function such as information collection, recording analyzing, distribution of information and executive function such as planning, policies formulation, organization, decision making etc.

Explanation:

The RRR is 20%. Total demand deposits in the economy equal $2 billion. Banks in the economy are fully lent up (i.e., are holding no excess reserves). The Fed then lowers the RRR to 10%. As a result, the money supply, assuming that banks continue to be fully lent up and that there are no cash leaks, shall __________________ . (Hint: First calculate bank's cash reserves as 20% of $2 billion

Answers

This tells us that if there are no cash leaks there would be a rise by 2 billion dollars in the money supply.

The total demand deposit = 2 billion dollars

The RRR is said to be = 20%

This is now = 10%.

20% of 2billion =

[tex]\frac{20}{100} *2000000000\\\\= 400million[/tex]

10% of 2billion = 200 million.

The excess = 400m - 200m

= 200m

The money = 200*1/0.10

= 2 billion dollars.

10% is kept while 90% is lent out compared to before when 20% was kept and 80% lent out.

Former multiplier = 1/0.20 = 5

Multiplier now = 1/0.10 = 10.

This tells us that if there are no cash leaks there would be a rise by 2 billion dollars in the money supply.

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help pls What is one course of action available in every decision making process?

a.

Respond in a way which will have only positive consequences

b.

Respond in a way which will have no negative consequences

c.

Choose to do nothing about the issue

d.

None of the above

Answers


the answer is c) choose to do nothing about the issue

Answer:

answer is c

Explanation:

Which option helps minimize costs in a project?
O A. adjusting resources
OB. indentifying resources
Oc.
eliminating resources
OD. gathering resources

Answers

Answer:

c

Explanation:

po ang tamang sagon po

eliminating resources it saves money D would be incorrect because the key is making it less exspesive

Whats the best Kool-aid packit

Answers

Answer:

ik this doesnt help, but there all  gross in my opinion sry lol

Explanation:

Answer:

lemonade grape red white and blue and blue raseberry

Explanation:

When asked how positive or negative they feel about their work, fewer than 20% of U.S. workers report being dissatisfied with their jobs.

Answers

According to statistical data, it is indeed TRUE that less than 20% of U.S. workers are dissatisfied with their jobs.

According to recent labor statistics:

85% of Americans are satisfied with their jobs Most Americans don't mind the roles they execute at work

If 85% of people are satisfied then the percentage is potentially dissatisfied is:

= 100% - 85%

= 15%

It is therefore true that less than 20% are dissatisfied.

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Options for dealing with uncertainty include using safety ________. Inventory and demand Demand and stock Lead time and inventory Stock and lead time

Answers

When one experiences uncertainty in business, one way they can deal with it is by using safety stock and lead time.

Safety stock and lead time:

Allow for goods to arrive earlier than they normally would have so as to avoid delays Allows for goods to be stored to satisfy an unplanned increase in demand

By doing these things, safety lead time and safety stock ensure that a company can deal with stock uncertainty such that they will have enough to sell to people.

In conclusion, one can deal with uncertainty through the use of safety lead time and stock.

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When she was starting Camp Bow Wow, Heidi Ganahl, the CEO, had a decision to make. To what extent should she wire her facilities to allow dog owners to see what their dogs were doing on the Internet

Answers

Answer:

Little or very minimal

Explanation:

she should only wire her facility to the point where she can control what is being broadcasted to the internet

She wires her facilities to allow dog owners to see what their dogs were doing on the Internet, with little or very minimal

What are owners?

The term owners state one who has the legal or rightful title to something: one to whom the property belongs in business, property owners. He and his sister are the owners of the restaurant. There are some different types of owners who are also there in it. As we see, there are some partners who are also there in the owners as well. By the owners, things are also been changed.

As she was starting Camp Bow Wow, Heidi GANIL, the CEO, had the decision to make  She wires her facilities to allow dog owners to see what their dogs were doing on the Internet, Little or very minimal as she wanted to make the things are being also on the internet been seen.

Therefore, the conclusion is that  She wires her facilities to allow dog owners to see what their dogs were doing on the Internet, with little or very minimal

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Minor Corporation purchases 5,000 shares of its $4 par common stock at $7 per share and also has an outstanding loan of $100,000.
Under the provisions of the contract of the loan, Minor is required to maintain 25% of the balance of the loan in retained earnings at
all times. What is the current minimum retained earnings restriction for the company?
O $40,000
O $45,000
O $60,000
O $0

Answers

The current minimum retained earnings restriction for the company is $60,000

Restriction of retained earnings for Loan = Outstanding loan *  % of maintained balance

Restriction of retained earnings for Loan = $100,000 * 25%

Restriction of retained earnings for Loan = $25,000

Restriction of retained earnings for treasury Stock = Purchased shares * $7 per share

Restriction of retained earnings for treasury Stock = 5000 shares * $7

Restriction of retained earnings for treasury Stock = $35,000

Current Minimum retained earnings restriction = Restriction of retained earnings for Loan + Restriction of retained earnings for treasury Stock

Current Minimum retained earnings restriction = $25,000 + $35,000

Current Minimum retained earnings restriction = $60,000

Therefore, the Option C is correct because current minimum retained earnings restriction for the company is $60,000

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Skinner Baking Company is ready to launch a coffeecake line under the Skinner Baking 108 label. Which condition for favorable branding will likely be easiest for Skinner Baking Company to achieve

Answers

Answer:

Hybrid bikes

Explanation:

ở mỹ nổi lên một nhà triệu phú nổi tiếng về kỹ nghệ da mèo chiến lược mèo xơi chuột chuột xơi mèo

Answers

Meta nam Diogo Merida hai

Purchased office supplies for $1,400. Cash paid $ 400 and remaining
outstanding.

Answers

Answer: $1,000

Explanation:

A negative attitude can lead to
O more completed work
O high turnover
O better work environment
O fewer conflicts between employees

Answers

Negative attitude can lead to high turnover

In selling a house, Matt, a licensed realtor, tells Ann that the wiring, fixtures, and ap-pliances are of a certain quality. Matt knows nothing about the quality, but it is not as specified. Ann buys the house. On learning the true quality, Ann confronts Matt. He says he was not trying to fool her; he was only trying to make a sale. Can she rescind the deal

Answers

no she cant rescind the deal

How does changes in the market for new cars impact the market for second-hand cars? (9 marks)

Help me answer this

Answers

The global used cars market was valued at $828.24 billion in 2019, and is projected to reach $1,355.15 billion by 2027, registering a CAGR of 8.3% from 2020 to 2027. By vehicle type, the SUV segment was the highest revenue contributor in 2019, accounting for $338.61 billion, and is estimated to reach $533.39 billion by 2027, registering a CAGR of 7.80% during the forecast period

compare the company profit performance and financial position with the average for the industry

Answers

Answer:

what average for the industry

Explanation:

can i have a choise

In order to compare and evaluate choices, there must be a set of
a. Resources
b. Decisions
C. Consequences
d. None of the above
Please select the best answer from the choices provided

Answers

the answer is a) Resources.
there must be a set of resources to compare and evaluate choices.

Credit score is used to determine your financial worth ?

Answers

The higher the score, the better a borrower looks to potential lenders. A credit score is based on credit history: number of open accounts, total levels of debt, and repayment history, and other factors. Lenders use credit scores to evaluate the probability that an individual will repay loans in a timely manner.

Answer:

Explanation:

I live in Canada.

I have been told that my credit score is quite high. That's because I don't live beyond what I can pay for with this month's paycheck. I don't think anyone would judge my net worth by my credit score. In fact, bank loans won't think of stopping at credit rating. They (in Canada at least) would never think of giving out a loan whose repayment    per month exceeded 1/3 of my paycheck.

Maybe I just have a tough bank, but I certainly agree with their policy.

A break-even analysis includes operating expenses and total monthly debt payments,
plus
school costs.
O gross profit margin.
Ihr
net profit margin.
zero term margin.

Answers

Answer:

Gross profit margin.

Explanation:

Break-Even Analysis enables a business to know how much cash it has under given situations by helping it know how much sales it needs in order to have a certain amount of cash.

It is calculated by the formula;

(Operating Expenses + Annual Debt Service)/Gross Profit Margin = Break-Even Sales

Operating Expenses in this equation is net of Depreciation as depreciation is a non-cash expense.

Jessica purchased a home on January 1, 2021, for $500,000 by making a down payment of $200,000 and financing the remaining $300,000 with a loan, secured by the residence, at 6 percent. During 2021 and 2022, Jessica made interest-only payments on this loan of $18,000 (each year). On July 1, 2021, when her home was worth $500,000, Jessica borrowed an additional $125,000 secured by the home at an interest rate of 8 percent. During 2021, she made interest-only payments on the second loan in the amount of $5,000. During 2022, she made interest-only payments on the second loan in the amount of $10,000. What is the maximum amount of the $28,000 interest expense Jessica paid during 2022 that she may deduct as an itemized deduction if she used the proceeds of the second loan to finish the basement in her home and landscape her yard

Answers

Since Jessica used the proceeds of the second loan to improve her acquired home, the two debts are counted as acquisition indebtedness, and she can deduct $28,000 as an itemized deduction for mortgage interest expense.

Data and Calculations:

Home Purchase on January 1, 2021 = $500,000

Down payment made  $200,000

Mortgage financing obtained = $300,000

Mortgage interest rate = 6%

Interest-only payments in 2021 and 2022 = $18,000 ($300,000 x 6%) each

Additional mortgage on July 1, 2021 = $125,000

Interest rate for the second mortgage = 8%

Interest-only payment in 2021 = $5,000 ($125,000 x 8% x 6/12)

Interest-only payment in 2022 = $10,000 ($125,000 x 8%)

Total interest-only payment in 2022 = $28,000 ($18,000 +$10,000)

Question Options:

a. $0

b. $10,000

c. $26,353

d. $26,000

e. $28,000

Thus, the maximum amount that Jessica may deduct as an itemized deduction is $28,000.

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If Paul’s children run a lemonade stand for a day and sell 400 glasses of lemonade at $1.00 each, their total revenues are

a. $200.

b. $800.

c. $400.

d. $1.00.

Answers

Answer:

c

Explanation:

Because 400 × $1.00 = $400

outlook 365 can be described as a personal information manager true or false

Answers

Answer:

True.

Explanation:

If you search up this exact question, your number one answer should be from wikipedia. It says, and I quote:

"Microsoft Outlook is a personal information manager software system from Microsoft, available as a part of the Microsoft Office suite. Though primarily an email client, Outlook also includes such functions as calendaring, task managing, contact managing, note-taking, journal logging, and web browsing."

EXPLAIN HOW IMPORTANT MOTIVATION IN AN ORGANIZATION ​

Answers

level of commitment, drive and energy that a company's workers bring to the role everyday.

Answer:

Motivation is a human factor in management. Motivation represents the willingness of an individual to put his efforts in a particular direction so as to achieve his goals. Motivation is what makes people perform or do the things

Arturo makes and sells organic frozen yogurt with fresh fruit toppings. He wants to price discriminate according to a preference for organic food so that those with the most inelastic demand for organic food pay the highest price. To accomplish this, to which group should he give discount coupons for his yogurt

Answers

To accomplish his price discrimination, Arturo should give discount coupons for his yogurt to D. Students at the local art school.

Price discrimination will help Arturo charge the highest price to those who prefer organic food because they exhibit inelastic demand. They include members of the local organic food cooperation, people who come to the community's weekly farmer's market, and customers of the local fast-food restaurant.

Thus, students at the local art school require lowered prices to patronize Arturo's organic frozen yogurt.

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Answer:

B. Customers of the local fast-food restaurant

Explanation:

Inelastic demand is when a buyer's demand for a product does not change as much as its change in price.

Answer choices:
A. Members of the local organic food co-op

B. Customers of the local fast-food restaurant

C. Students at the local art school

D. People who come to the community's weekly farmer's market

A. Members of the local organic food co-op and D. People who come to the community's weekly farmer's market are similar. If people are already buying organic foods, they are more likely to be elastic when the price changes meaning they will find a substitute.


C. Students at the local art school is incorrect because the students would look for substitutes when the price increases after discounts.

B. Customers of the local fast-food restaurant is the most likely group to keep buying the organic yogurt to stay healthy even when the price increases.

Is foreign employment good or bad for Nepal?​

Answers

They are good for employment

It has an immediate benefit but it is not beneficial for a long term of the Nepalese labour and sweat is being used in foreign countries and there is scarcity of human power for the development of our own country

Label each of the statements as either true or false. Each label can be used more than once.

a. Informative advertising can include information about price, quality, and/or availability.
b. When a company spends a lot on advertising it is signaling that it expects that its product will be successful in the marketplace.
c. Advertising as part of the product includes information about price, quality, and availability.
d. Advertising as part of the product is used to persuade us to consume the good or service with little or no information about the product.

Answers

It is true that informational advertising can include information about price, quality and availability, as this type of advertising aims to inform the customer about the product's characteristics.

When a company spends a lot on advertising, it is a sign that it expects its product to be successful in the market, as advertising is capable of boosting a product, generating a desire to buy and creating value for the product.

Advertising as part of the product includes information on price, quality and availability and is characterized as informational advertising.

Advertising as part of the product is used to persuade us to consume the good or service with relevant information about the product, so that the consumer knows its features and benefits, and decides to make the purchase.

So the options are:

a. TB. Tc. Td. F

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Which of the following statements is TRUE?

O The interest rate on your savings account will remain the same as long as you keep the account open.

O You can choose the interest rate on your savings account, but only once per year. O The interest rate on your savings account will vary over time and be set by the bank.

O The interest rate on your savings account will vary over time and be set by the government.

Answers

Answer:

Third one....The interest rate on your savings account will vary over time and be set by the government

Earn interest at a norminal rate.

Bonds with credit rating of below BBB by S&P are called:

Answers

Answer:

"AAA" and "AA" (high credit quality) and "A" and "BBB" (medium credit quality) are considered investment grade. Credit ratings for bonds below these designations ("BB," "B," "CCC," etc.) are considered low credit quality, and are commonly referred to as "junk bonds."

Bonds with credit rating of below BBB by S&P are called high yield bonds.

What are bonds?

A bond is a debt instrument used by businesses to raise capital needed for business operations. Bondholders earn interest on the amount invested and at the maturity of the bond, they are paid back the amount invested.

Bonds rated BBB and above are bonds of the highest quality. They have the least rate of default. Bonds rated BBB and below are bonds of lower quality. They are called high yield bonds. They have a higher rate of default and bondholders demand a higher rate of return for holding this bond.

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02. GeCo begins 20X4 with merchandise costing $69,000. 20X4 sales are
$233,000, purchases are $198,000, and ending inventory is $81,000.
GeCo's 20X4 cost of goods sold is...
a. $245,000 b. $221,000 c. $210,000 d. $186,000
3. On December 3, HuCo purchases merchandise for $47,000 on account
F.O.B. destination. Freight charges are $800. On December 26, HUC
pays the vendor $14,000. On HuCo's December 31 balance sheet the
accounts payable balance will be...
a. $33,800
b. $47,000
c. $47,800
d. $33,000
4. RiCo uses the perpetual method for inventory and records purchases a
In 20X4, it has total merchandise purchases of $324,000. It retu

Answers

2. GeCo's 20X4 cost of goods sold is d. $186,000.

3. On HuCo's December 31 balance sheet the  accounts payable balance will be d. $33,000.

4. The net cost of RiCo's 20X4 merchandise purchases is a. $297,000.

Data and Calculations:

GeCo:

Beginning inventory = $69,000

Sales for he year = $233,000

Purchases =$198,000

Cost of goods available for sale = $267,000 ($69,000 + $198,000)

Ending inventory = $81,000

Cost of goods sold = $186,000 ($267,000 - $81,000)

HuCo:

Purchases on account = $47,000

Trade terms = FOB destination

Freight charges = $800 on the Seller

Payment on December 26 = $14,000

Accounts Payable balance = $33,000 ($47,000 - $14,000)

RiCo:

Merchandise Purchases = $324,000

Return of goods = $19,000

Purchases allowances = $7,000

Cash discount = $1,000.

Net cost of purchases = $297,000 ($324,000 - $19,000 - $7,000 - $1,000)

Question 4 Completion:

RiCo uses the perpetual method for inventory and records purchases at gross. In 20X4, it has total merchandise purchases of $324,000. It returns 19,000 of the merchandise for full credit and receives $7,000 in allowances from its vendors for defective merchandise and takes cash discount of $1,000. The net cost of RiCo's 20X4 merchandise purchases is... a. 297,000 b. 305,000 c.324,000 d. 298,000

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On January 1, 2019, Santo Company purchased a computer system for $30,500. The system had an estimated useful life of 5 years and no salvage value. At January 1, 2021, the company revised the remaining useful life to two years. What amount of depreciation will be recorded for 2021 and 2022

Answers

The amount of depreciation for both 2021 and 2022 based on the information given is $9,150

First find the accumulated depreciation for 2019 and 2020.

= Cost of system / Useful life x 2 years

= 30,500 / 5 x 2

= $12,200

The amount left to be depreciated is therefore:

= Cost - Accumulated depreciation

= 30,500 - 12,200

= $18,300

The depreciation for the next two years will be:

= Amount to be depreciated / Useful life

= 18,300 / 2

= $9,150

In conclusion, both 2021 and 2022 will see a depreciation of $9,150.

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