Compare budget deficits and surpluses across time

Assignment Help Business Economics
Reference no: EM131110409

What is the most appropriate way to compare budget deficits/surpluses across time?

a. using nominal dollar figures

b. using real dollar figures

c. calculating figures as a portion of gross domestic product (GDP)

d. using per capita dollar figures

e. Budget figures cannot be compared across time.

Reference no: EM131110409

Questions Cloud

Achieving lower pollution : Achieving lower pollution Suppose the government decides to raise the gasoline tax as a way to reduce air pollution and traffic congestion to their optimal levels. Which of the following describes why corrective taxes, such as the gasoline tax, are u..
Signal conditioning could all be handled by ad7710 chip : The topic of the assignment is developing a detailed analysis and discussion about if the signal conditioning could all be handled by AD7710 chip. Could a single AD7710 chip handle all signal conditioning so that it directly connects to header pin P7..
How accurate they believe these stereotypes : Survey at least three people you know about stereotypes in their workplace or campus. For example, stereotypes may exist about marketing executives and accountants
What is the real interest rate that herb will in fact pay : There is persistent fear that there will be a high level of deflation. Many economists warn that it may be worse for the economy than if there is high inflation. Let\'s work through one example.  What is the real interest rate that Herb expected to p..
Compare budget deficits and surpluses across time : What is the most appropriate way to compare budget deficits/surpluses across time?
Identify three key fact about short-run economic fluctuation : Identify the three key facts about short-run economic fluctuations and how the economy in the short run differs from the economy in the long run.
When supply shifts cause downturn in the economy : When supply shifts cause a downturn in the economy:
Suppose the exchange rate changes : Suppose the exchange rate changes so that less Japanese yen are required to buy a dollar. We would conclude that a. the Japanese yen has appreciated in value b. U.S citizens will buy fewer Japanese imports c. Japanese will demand more U.S. exports d...
An american colonist of the revolutionary era : Based your reading of McCullough's 1776, put yourself in the mindset of an American Colonist of the Revolutionary Era. How optimistic would you have been that the Patriot forces could have actually won this war? Be sure to support your answer wit..

Reviews

Write a Review

Business Economics Questions & Answers

  Impact the firms sustainability

Critically analyze how each of the above can impact the firms sustainability and identify the appropriate strategic steps you will apply to revamp this company.

  What was zach economic profit - loss for the year

Also during that first year, the cookie business incurred costs that required outlays of money amounting to $9,000. What was Zach's economic profit (loss) for the year.

  Limitations of the theoretical framework

Summarize in words the predictions and limitations of the theoretical framework developed for the first exam: that is the predictions for the effect of capital accumulation.

  What are deadweight losses and what are their causes

What are deadweight losses, and what are their causes? What are the market effects of a deadweight loss? What are the major factors that determine who will bear the burden of a tax or the incidence of a tax?

  Why would nations favor fixed vs. floating exchange rates

Why would nations favor fixed vs. floating exchange rates for their currencies? Why do some developing nations have a “fear of the float?

  Hypothetical economy in short-run equilibrium output level

Macroeconomic equilibrium and the multiplier effect The following graph shows a hypothetical economy in short-run equilibrium at an output level of $400 billion and a price level of 100. Suppose that potential GDP in this economy is $200 billion. Use..

  Decrease in output associated with recession

In response to the Great Recession a number of European governments adopted aus- terity policies which cut government spending on goods and services. Assuming no change in autonomous consumption or in autonomous investment, explain whether such an au..

  Find real wage-employment-output and unemployment

Consider an economy where, consumer’s utility function is given as U(C,L)=C-(1/2)L2 . where C is consumption and L is labor. The production technology is Y=(1.6)L-(1/2)L2 . The turnover cost per labor is (0.36)/(w/p). What happens to t as real wage i..

  What level of output maximizes revenue

You are the manager of a monopoly, and your demand and cost functions are given by P=300-3Q and C(Q)=1500+2Q^2, respectively. MR(Q)=300-6Q and MC(Q)=4Q. What level of output should this monopolist produce in the short run? What price should this mono..

  Substitution and income effects of an increase in the price

Suppose that when the price of X goes up, you respond by consuming less Y . Illustrate the substitution and income effects of an increase in the price of X. How does your graph illustrate the information in italics above? Is Y a normal good or an inf..

  What is the real interest rate

If the nominal interest rate is 4 percent and expected inflation is 1 percent, what is the real interest rate? Suppose instead that the nominal interest rate is 80 percent and the expected inflation rate is 40 percent.

  Analysis in new product management

Gap Analysis in NEW PRODUCT MANAGEMENT , explain what information can be determined from this analysis and what actions and strategies can typically be determined as a result of a comprehensive Gap Analysis,make reference to products and services you..

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