What are government outlays

Assignment Help Business Economics
Reference no: EM13976391

In 2010 in the country of Arlandia government debt was zero. You know that the government revenue for 2011 was $344, for 2012 was $360, for 2013 was $380. The government outlays for 2011 were $197 and for 2012 were $237. If you know that government debt for 2013 was $2,161, what are government outlays for 2013?

Reference no: EM13976391

Questions Cloud

What is the maximum amount you would pay to eliminate a risk : Suppose that you have utility in your wealth that is accurately described by this function: U = W^1/2. Further, suppose that your wealth is $1,000,000. What is the maximum amount you would pay to eliminate a risk that, with p = 0.001, your wealth wou..
Make monthly payments on the loan : You purchase a new house for $200,000 with a 5% down payment. You obtain a 30-year loan at 5% compounded monthly and will make monthly payments on the loan. Closing costs are $1,500. PMI is $150 per month for the first 5 years. Taxes are estimated to..
The direction of change in the spot exchange rate : Using the balance of payments of United States and Japan, forecast "the direction of change in" the spot exchange rate between Japanese yen and US dollar into the future.
Units of clothing without specialization or trade : Review the following graph. If Mexico produces 300 million tons of food, it can produce _________ million units of clothing without specialization or trade. Each ton of food in Mexico has an opportunity cost of __________ units of clothing. image Cli..
What are government outlays : In 2010 in the country of Arlandia government debt was zero. You know that the government revenue for 2011 was $344, for 2012 was $360, for 2013 was $380. The government outlays for 2011 were $197 and for 2012 were $237. If you know that government d..
Describe how the size of thefloat : Specifically describe how the size of the "float" (time it takes to clear a check from orignation through multiple banks) affects the money supply?
Equally close to the efficient level of emissions : If two (or more) countries are shown to have the same (total) quantity of emissions, does this mean that they are equally close to the efficient level of emissions for each one?
Charge to each of the three different segments of customers : Suppose an airline flying on the Charlotte - Chicago route has estimated the demand curves for three different types of customers: business (no advance purchase), leisure (7 day advance puchase), and discount (14 day advance purchase) travellers. Wha..
Soybean put premium is intrinsic value : Assume that November CBT soybean futures are trading at $6.50 per bushel and that a $6.75 November CBT soybean put is trading at $0.50 per bushel. How much of the &6.75 November soybean put premium is intrinsic value? How much of the $6.75 November s..

Reviews

Write a Review

Business Economics Questions & Answers

  Qsuppose you want a lump sum payment of 100000 three years

q.suppose you want a lump sum payment of 100000 three years from now. rounded to full dollars how many current dollars

  Discuss what will happen in this market as it moves

Discuss what will happen in this market as it moves to a new equilibrium. If a hard freeze eliminates Brazil's premium coffee crop, what will happen to the price of premium coffee.

  Assume that the values are all current and no conversions

Given the following information about the economy of Pakistan, calculate Pakistan\'s GDP. Note that the currency of Pakistan is the Rupee. Assume that the values are all current and no conversions need to be made.

  Rationale for subsidizing some telecommunications services

What is the rationale for subsidizing some telecommunications services (such as Internet access) for some people and institutions? Discuss. How would Ramsey suggest that policymakers resolve the tension between universal service policies on the one h..

  The supply of ocean water is essentially unlimited

Ocean water contains .9 ounces of gold per ton. Method A costs $550 per ton of water processed and will recover 90% of the metal. Method B costs $400 per ton of water processed and will recover 60% of the metal. The supply of ocean water is essential..

  Shown graphically as a rightward shift of the supply curve

An increase in the supply of a product can be shown graphically as a rightward shift of the supply curve. The graph will clearly show that we would expect the equilibrium price to fall and the equilibrium quantity to increase. Use a general solution ..

  What do the firms economic profits equal

If accounting profits for firms are 20% of output, and the opportunity of cost of financial capital 8% of output, then what do the firm’s economic profits equal?

  Economic content-current event-firm or market

Then use each paragraph to analyze a separate concept, theory, or principle from the text which helps explain the underlying economic content. Critique in your own words how the theory conforms to reality, along with any shortcomings that arise.

  Average or actual results important

When are differences (between one time period and another, between different production lines, etc.) between average or actual results important?

  Explain the effect of global economic conditions on choice

Based on absolute advantage and comparative advantage, explain the effect of global economic conditions on the choices available to that country. Include the current exchange rate of the country's monetary unit.

  What should be the construction level if fixed costs

Illustrate what should be the construction level if fixed costs rose to $48,000 per month?

  What is the price elasticity of mimis demand curve

Suppose that Mimi plays golf 5 times per month when the price is $40 and 4 times per month when the price is $50. What is the price elasticity of Mimi's demand curve? Use the Midpoint Method to answer this problem.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd